Overview
It is a great frustration for students of economics that the most topical and innovative areas are often beyond their reach and not featured in the basic economics textbooks. Current Developments in Economics is a new text that concentrates on these important and interesting developments rather than covering the areas of economic theory that are commonplace elsewhere. Key topics at the cutting edge of economics, such as new trade theory, new theories of economic growth, the basis of game theory, contestable markets, new theories of unemployment and economic theories of politics, are all fully explained and discussed in an accessible and user-friendly style. In addition, the author covers issues such as the methodology of economics and the history of economic thought. There is much to be gained from considering these areas of economic theory and their application. Current Developments in Economics is therefore essential reading for all students on introductory-level economics courses.Synopsis
It is a great frustration for students of economics that the most topical and innovative areas are often beyond their reach and not featured in the basic economics textbooks. Current Developments in Economics is a new text that concentrates on these important and interesting developments rather than covering the areas of economic theory that are commonplace elsewhere. Key topics at the cutting edge of economics, such as new trade theory, new theories of economic growth, the basis of game theory, contestable markets, new theories of unemployment and economic theories of politics, are all fully explained and discussed in an accessible and user-friendly style. In addition, the author covers issues such as the methodology of economics and the history of economic thought. There is much to be gained from considering these areas of economic theory and their application. Current Developments in Economics is therefore essential reading for all students on introductory-level economics courses.
Booknews
A supplementary textbook for an introductory economics course, discussing a selection of topics that are insufficiently treated or totally neglected in many of the standard textbooks. Among them are methodology, the history of economic thought, privatization, the environment, unemployment and inflation, and theories and policies of economic growth. The approach is non- mathematical. Annotation c. by Book News, Inc., Portland, Or.