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The Path to a Modern Economics

Dealing with the Complexity of Economic Systems

Henning Schwardt author

Format:Paperback

Publisher:Springer International Publishing AG

Published:13th May '18

Currently unavailable, and unfortunately no date known when it will be back

The Path to a Modern Economics cover

This book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Schwardt examines developments in economies and the role of the public sector over the last few centuries. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the outset; and bottom-up approaches, where an economic environment emerges from the interactions of the individual agents. 
By recognising the validity of alternate perspectives on economic issues, Schwardt proposes an improved foundation for economics research and policy.

ISBN: 9783319849843

Dimensions: unknown

Weight: 4896g

366 pages

Softcover reprint of the original 1st ed. 2017