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Action and Choice = An Introduction to Economics /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Action and Choice/ by Walter E. Block, Ivan Jankovic.
其他題名:	An Introduction to Economics /
作者:	Block, Walter E.
其他作者:	Jankovic, Ivan.
面頁冊數:	XI, 252 p. 1 illus.online resource. :
Contained By:	Springer Nature eBook
標題:	Public Economics. -
電子資源:	https://doi.org/10.1007/978-981-19-3751-4
ISBN:	9789811937514

Action and Choice = An Introduction to Economics /
Block, Walter E.

Action and ChoiceAn Introduction to Economics /[electronic resource] :by Walter E. Block, Ivan Jankovic. - 1st ed. 2022. - XI, 252 p. 1 illus.online resource. - Springer Texts in Business and Economics,2192-4341. - Springer Texts in Business and Economics,.

Chapter 1. What is Economics? -- Chapter 2. Exchange and Demand -- Chapter 3. Determination of Prices -- Chapter 4. Capital, Interest and Production -- Chapter 5. Prices of Factors of Production -- Chapter 6. Money and the Business Cycle -- Chapter 7. Competition and Entrepreneurship -- Chapter 8. Competition and Monopoly -- Chapter 9. Theory of the Firm -- Chapter 10. Free Trade and Protectionism -- Chapter 11. Price Controls -- Chapter 12. Theories of Market Failure -- Chapter 13. Government Failure and Public Choice -- Chapter 14. Economics of Discrimination -- Chapter 15. Political Economy of Risk Management.

This textbook is based upon a philosophical method of logical deduction from basic principles such as scarcity, individual choice and subjectivism. This textbook attempts to show that all complex phenomena of economic theory such as prices of consumer goods and factors of production, saving and consumption, interest and profit, can be explained by the same primitive psychological principles of scarcity and substitution on the margin that could be used to describe economizing Robinson Crusoe on a desert island or two cavemen catching fish or exchanging apples for oranges. This textbook distils the essence of economic science prevailing in price theory before the 1930s, which the authors’ argue is superior to currently popular mainstream theory into a readable and student-friendly textbook format. This is an introductory textbook written in the tradition of Menger, Bohm-Bawerk, Mises and Hayek, instead in the tradition of Alfred Marshall and John Maynard Keynes, as almost all modern textbooks are. The authors offer a text not predicated on physics envy; on an attempt to liken economics to the physical sciences, on the basis of “empirical evidence”, statistics and verification. .

ISBN: 9789811937514

Standard No.: 10.1007/978-981-19-3751-4doiSubjects--Topical Terms:

1069070
Public Economics.

LC Class. No.: HF1351-1647

Dewey Class. No.: 337

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