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The path to a modern economics = dealing with the complexity of economic systems /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The path to a modern economics/ by Henning Schwardt.
Reminder of title:	dealing with the complexity of economic systems /
Author:	Schwardt, Henning.
Published:	Cham :Springer International Publishing : : 2017.,
Description:	xi, 366 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	Macroeconomics. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-52785-7
ISBN:	9783319527857

The path to a modern economics = dealing with the complexity of economic systems /
Schwardt, Henning.

The path to a modern economicsdealing with the complexity of economic systems /[electronic resource] :by Henning Schwardt. - Cham :Springer International Publishing :2017. - xi, 366 p. :ill., digital ;24 cm.

1. Trends and Changes in Economies -- 2. Individual, Economic Environment, and Mutual Relation -- 3. The Functioning and the Functioning of Markets -- 4. Unemployment as Economic Crises -- 5. Frameworks for Economic Policies -- 6. Final Considerations.

The 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: 9783319527857

Standard No.: 10.1007/978-3-319-52785-7doiSubjects--Topical Terms:

554837
Macroeconomics.

LC Class. No.: HB172.5

Dewey Class. No.: 339

The path to a modern economics = dealing with the complexity of economic systems /
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