By Rhona C. Free
Curiosity in economics is at an all-time excessive. one of the demanding situations dealing with the country is an financial system with swiftly emerging unemployment, disasters of significant companies and industries, and persisted dependence on oil with its wildly fluctuating fee. Economists have handled such questions for generations, yet they've got taken on new that means and significance.
Tackling those questions and encompassing research of conventional fiscal conception and themes in addition to those who economists have in simple terms extra lately addressed, 21st Century Economics: A Reference Handbook is a must have reference resource.
- Provides hugely readable summaries of conception and versions in key components of micro and macroeconomics, necessary for college students attempting to get a ''big picture'' experience of the field
- Includes introductions to correct idea in addition to empirical proof, worthwhile for readers drawn to studying approximately monetary research of a subject matter besides for college kids embarking on learn projects
- Features chapters eager about state-of-the-art subject matters with allure for economists looking to know about extensions of research into new parts in addition to new methods
- Presents models in graphical format and summarizes empirical facts in ways in which don't require a lot history in statistics or econometrics, with the intention to maximize accessibility to students
Read Online or Download 21st Century Economics: A Reference Handbook PDF
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Extra resources for 21st Century Economics: A Reference Handbook
Cambridge, UK: Cambridge University Press. (Original work published 1651) Hutchison, T. W. (1988). Before Adam Smith: The emergence of political economy 1662–1776. Oxford, UK: Blackwell. , & Israel, G. (1990). The invisible hand: Economic equilibrium in the history of science. Cambridge: MIT Press. Keynes, J. M. (1936). The general theory of employment, interest and money. London: Macmillan. Levy, D. M. (2001). How the dismal science got its name: Classical economics and the Ur-text of racial politics.
Leviathan or the matter, form, and power of a commonwealth ecclesiastical and civil (Rev. ). Cambridge, UK: Cambridge University Press. (Original work published 1651) Hutchison, T. W. (1988). Before Adam Smith: The emergence of political economy 1662–1776. Oxford, UK: Blackwell. , & Israel, G. (1990). The invisible hand: Economic equilibrium in the history of science. Cambridge: MIT Press. Keynes, J. M. (1936). The general theory of employment, interest and money. London: Macmillan. Levy, D. M.
He argued that populations tend to grow beyond the capacity of resources and that societies use an increase in production to support more people, rather than to increase the standard of living. Historically, much of the world has stayed in a static economic condition or has gone through waves of expansion followed by decline because of this Malthusian trap. Malthus lived before the great acceleration of technology that made modern economic growth possible. Joel Mokyr (1990, 2002) has written that the important characteristic of the Industrial Revolution was its accelerating and unprecedented technological change.
21st Century Economics: A Reference Handbook by Rhona C. Free