The Path to a Modern Economics: Dealing with the Complexity of Economic Systems
Henning Schwardt
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Description for The Path to a Modern Economics: Dealing with the Complexity of Economic Systems
hardcover. Num Pages: 294 pages, biography. BIC Classification: KCB; KCM; KCP; KCZ. Category: (P) Professional & Vocational. Dimension: 210 x 148. .
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.
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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 ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Palgrave Macmillan Switzerland
Number of pages
294
Condition
New
Number of Pages
366
Place of Publication
Cham, Switzerland
ISBN
9783319527840
SKU
V9783319527840
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Henning Schwardt
Henning Schwardt is Visiting Teaching Assistant Professor in the Department of Economics at the University of Denver, USA. His research has focused on institutional economics and development economics, as well as complexity economics.
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