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The Path to a Modern Economics

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The Path to a Modern Economics

Dealing with the Complexity of Economic Systems

Henning Schwardt

Palgrave Macmillan
Publication date : 2017-07-26

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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.

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About the book

Author

Henning Schwardt

Imprint

Palgrave Macmillan

Collection

n.c

Publication date

2017-07-26

Pages

366 pages

Print ISBN

9783319527840

Language

English

Ebook informations

EAN PDF

9783319527857

Price

£109.50

Copy count 3

Print count 36

File size 2652 Ko

Informations accessibility

EAN EPUB

9783319527857

Price

£109.50

Copy count 3

Print count 36

File size 379 Ko

Informations accessibility

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About author(s)

Henning Schwardt

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