Neoclassical Economic Theory, 1870 to 1930

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Publisher : Springer Science & Business Media
ISBN 13 : 9400921810
Total Pages : 380 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Neoclassical Economic Theory, 1870 to 1930 by : Klaus Hennings

Download or read book Neoclassical Economic Theory, 1870 to 1930 written by Klaus Hennings and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Warren J. Samuels Each book in this series explores the present status of its field in terms of where it is, how it got there, the existing tensions within the field, and something of how the field might develop in the future. Each book presumes that work in each field is neither settled nor unequivocal. Each book attempts to comprehend its field as an evolving, developmental process or set or efforts. This particular book, covering neoclassical economics, is the third of three in the field of the History of Economic Thought. The others are Pre-Classical Economic Thought, edited by S. Todd Lowry, and Classical Political Economy, edited by William O. Thweatt. Each one conducts the same kind of analysis as the others in the series, with the understanding that here we are dealing with the history of interpretation, rather than a substantive body of analysis of a certain aspect of the economy: for example, labor or international trade. (That understanding must be com plex and subtle, inasmuch as revision of interpretation of earlier ideas is part of the process-both cause and consequence-of re-analyzing the economy. ) In this group we are interested in how recent and contemporary writers have interpreted the history of economic thought differently, both among themselves and from earlier writers. 1 NEOCLASSICAL ECONOMIC lHEORY 2 Several topics must be discussed to place such work in perspective, in part as it is here applied to the history of the interpretation of neoclassical economics.

Neoclassical International Economics

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Author :
Publisher : Springer
ISBN 13 : 0230371558
Total Pages : 285 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Neoclassical International Economics by : L. Gomes

Download or read book Neoclassical International Economics written by L. Gomes and published by Springer. This book was released on 1990-02-19 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the history of neoclassical international economics, the century-old dominant paradigm of teaching and research in the area of international economic relations. At a time when, in so many of its areas, economics is showing a tendency to go 'back to its roots', a critical historical survey of what has been called 'the queen realm of economics' seems most appropriate. Befitting its title, the prestige of international economics is high among social science disciplines. This book tells the story of that achievement from the beginning of the neoclassical period (1890) to contemporary developments. '...a very helpful account of the historical development of the ideas in international economics. It covers both the real economy and the financial, ie balance-of-payments, aspects. As such it provides a useful perspective on what forms the basis of our understanding of international economic relations. It will be of help and appeal to students and will provide an additional source for those who wish to add to their knowledge in this field.' T.M.Rybczynski

What is Neoclassical Economics?

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Author :
Publisher : Routledge
ISBN 13 : 1317334515
Total Pages : 368 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis What is Neoclassical Economics? by : Jamie Morgan

Download or read book What is Neoclassical Economics? written by Jamie Morgan and published by Routledge. This book was released on 2015-11-19 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson’s essay ‘What is this ‘school’ called neoclassical economics?’. Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics. This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

The Making of Neoclassical Economics (Routledge Revivals)

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Publisher : Routledge
ISBN 13 : 1136810536
Total Pages : 288 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The Making of Neoclassical Economics (Routledge Revivals) by : John F. Henry

Download or read book The Making of Neoclassical Economics (Routledge Revivals) written by John F. Henry and published by Routledge. This book was released on 2012-07-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, this unique explanation of the rise of neoclassical economics views social change as an engine promoting change in theory. It attempts to develop a theory of the origins, consolidation and rise to dominance of the neoclassical school of thought. In so doing, it addresses the contest between the labour and utility theories of value; both are placed in historical context, and reasons are offered for the relative success of each in particular historical periods. It is argued that the eventual dominance of neoclassicism, a theory based on the social changes then taking place, resulted not from its scientific superiority but from its non-social perspective which ignores the social order upon which it depends.

The Struggle over the Soul of Economics

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Publisher : Princeton University Press
ISBN 13 : 1400822521
Total Pages : 305 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Struggle over the Soul of Economics by : Yuval P. Yonay

Download or read book The Struggle over the Soul of Economics written by Yuval P. Yonay and published by Princeton University Press. This book was released on 1998-05-11 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a surprising answer to two puzzling questions that relate to the very "soul" of the professional study of economics in the late twentieth century. How did the discipline of economics come to be dominated by an approach that is heavily dependent on mathematically derived models? And what happened to other approaches to the discipline that were considered to be scientifically viable less than fifty years ago? Between the two world wars there were two well-accepted schools of thought in economics: the "neoclassical," which emerged in the last third of the nineteenth century, and the "institutionalist," which started with the works of Veblen and Commons at the end of the same century. Although the contributions of the institutionalists are nearly forgotten now, Yuval Yonay shows that their legacy lingers in the study and practice of economics today. By reconsidering their impact and by analyzing the conflicts that arose between neoclassicists and institutionalists, Yonay brings to life a hidden chapter in the history of economics. The author is a sociologist of science who brings a unique perspective to economic history. By utilizing the actor-network approach of Bruno Latour and Michel Callon, he arrives at a deeper understanding of the nature of the changes that took place in the practice of economics. His analysis also illuminates a broader set of issues concerning the nature of scientific practice and the forces behind changes in scientific knowledge.

Contending Economic Theories

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Publisher : MIT Press
ISBN 13 : 0262304449
Total Pages : 425 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Contending Economic Theories by : Richard D. Wolff

Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Power and Neoclassical Economics

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Publisher : Springer
ISBN 13 : 1137553731
Total Pages : 110 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Power and Neoclassical Economics by : A. Ozanne

Download or read book Power and Neoclassical Economics written by A. Ozanne and published by Springer. This book was released on 2016-01-26 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.

Economics of Markets

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Publisher : Springer Nature
ISBN 13 : 3031084284
Total Pages : 197 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Economics of Markets by : Sabiou M. Inoua

Download or read book Economics of Markets written by Sabiou M. Inoua and published by Springer Nature. This book was released on 2022-11-26 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book establishes that neoclassical economics based on the marginal utility calculus failed to derive a theory of consumer market price discovery consistent with the experimental market evidence. Such markets involve inherently discrete final-demand items bought for consumption and not subject to resale. Classical economists following Adam Smith articulated a rich narrative of price discovery theory consistent with experimental evidence based on operational concepts of discrete demand values (maximum willingness-to-pay), and symmetrically, supply costs (minimum willingness-to-accept). We develop and extend a mathematical model of classical market price formation. Chapter 1 & 2 describes this theme and chapter 3 connects it with experiments. Chapter 4 builds on experimental examples for an intuitive overview of the theory. A partial equilibrium version of the theory constitutes Chapter 5. Chapter 6 extends this framework to price formation by wealth constrained agents in multiple-goods markets. Chapter 7 applies this framework to the study of re-tradable durable-goods and financial claims that are subject to sources of instability absent in markets for consumer non-durables.

Neoclassical Microeconomic Theory

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Author :
Publisher : Routledge
ISBN 13 : 113474448X
Total Pages : 296 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Neoclassical Microeconomic Theory by : Anthony Endres

Download or read book Neoclassical Microeconomic Theory written by Anthony Endres and published by Routledge. This book was released on 1997-01-02 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the other branches of neoclassical economics that emerged b

Science, Rationality, and Neoclassical Economics

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Publisher : University of Delaware Press
ISBN 13 : 9780874134100
Total Pages : 204 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Science, Rationality, and Neoclassical Economics by : L. D. Keita

Download or read book Science, Rationality, and Neoclassical Economics written by L. D. Keita and published by University of Delaware Press. This book was released on 1992 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.

Late Neoclassical Economics

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Publisher : Routledge
ISBN 13 : 1317813111
Total Pages : 218 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Late Neoclassical Economics by : Yahya M. Madra

Download or read book Late Neoclassical Economics written by Yahya M. Madra and published by Routledge. This book was released on 2016-06-10 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several contemporary economic theories revolve around different concepts: market failures, institutions, transaction costs, information asymmetries, motivational diversity, cognitive limitations, strategic behaviors and evolutionary stability. In recent years, many economists have argued that the increase in circulation and mobilization of these new and heterogeneous concepts and their associated methodologies (e.g., experiments, evolutionary modelling, simulations) signify the death of neoclassical economics. Late Neoclassical Economics: The Restoration of Theoretical Humanism in Contemporary Economic Theory draws on the work of Louis Althusser, Michel Foucault and the Amherst School, to construct the concept of a self-transparent and self-conscious human subject (Homo economicus) as the theoretical humanist core of the neoclassical tradition. Instead of identifying the emergent heterogeneity as a break from neoclassicism, this book offers a careful genealogy of many of the new concepts and approaches - including evolutionary game theory, experimental economics and behavioural economics - and reads their elaboration as part of the restoration of the theoretical humanist core of the tradition. ‘Late neoclassical economics’ is therefore characterized as a collection of diverse approaches which have emerged in response to the drift towards structuralism. This book is suitable for those who study political economy, history of economic thought and philosophy of economics. The arguments put forward in this text will also resonate with anyone who is interested in the fate of the neoclassical tradition and the future of economic theory.

Économie néoclassique

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 459 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Économie néoclassique by : Fouad Sabry

Download or read book Économie néoclassique written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-16 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: Qu'est-ce que l'économie néoclassique Dans le domaine de l'économie, l'économie néoclassique fait référence à une approche qui observe la production, la consommation et la valorisation (prix) des biens et services comme étant régie par le modèle de l’offre et de la demande. Selon cette école de pensée, la valeur d'un produit ou d'un service est établie par un processus hypothétique qui implique la maximisation de l'utilité par des individus aux revenus limités et des profits par des entreprises confrontées aux coûts de production et utilisant les informations et les facteurs. de production accessibles. En faisant référence à la théorie du choix rationnel, cette stratégie a souvent été défendue comme étant appropriée. Comment vous en bénéficierez (I) Informations et validations sur les sujets suivants : Chapitre 1 : Économie néoclassique Chapitre 2 : Économie Chapitre 3 : Économie keynésienne Chapitre 4 : Microéconomie Chapitre 5 : Concurrence parfaite Chapitre 6 : Théorie de l'équilibre général Chapitre 7 : Nouvelle économie keynésienne Chapitre 8 : Indice d'articles sur l'économie Chapitre 9 : Économie classique Chapitre 10 : Efficacité économique Chapitre 11 : Économie du bien-être Chapitre 12 : Steve Keen Chapitre 13 : Économie hétérodoxe Chapitre 14 : Théorème de Sonnenschein-Mantel-Debreu Chapitre 15 : Écoles de pensée économique Chapitre 16 : Équilibre général stochastique dynamique Chapitre 17 : Microfondations Chapitre 18 : Synthèse néoclassique Chapitre 19 : Nouvelle macroéconomie classique Chapitre 20 : Macroéconomie Chapitre 21 : Histoire de la pensée macroéconomique (II) Répondre aux principales questions du public sur l'économie néoclassique. (III) Exemples du monde réel pour l'utilisation de l'économie néoclassique dans de nombreux domaines. À qui s'adresse ce livre Professionnels, étudiants de premier cycle et des cycles supérieurs, passionnés, amateurs et ceux qui veulent aller au-delà des connaissances ou des informations de base pour tout type d'économie néoclassique.

Samuelson and Neoclassical Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 9400973772
Total Pages : 366 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Samuelson and Neoclassical Economics by : G. Feiwel

Download or read book Samuelson and Neoclassical Economics written by G. Feiwel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is not a festschrift, but a study of the prodigious Samuelson phe nomenon, his history-making contributions to and impact on the econom ics of our age, and the intricate, often perplexing, and divergent trends in modern economics - all intensely controversial subjects that will be argued, scrutinized, and periodically reassessed by economists of various strands and traditions for years to come, for, as Samuelson wrote of Pigou, "immortality does have its price. " A scholar with such an out standing body of contributions "must expect other men to swarm about it" (1966, p. 1233), subject it to scholarly scrutiny, and challenge it. Although Paul Samuelson was 65 on May 15, 1980 (and our best wishes go out to him for long life and continued enrichment of economics), this is neither a birthday party nor a gathering of only the Good Fairies, for, as he himself has said of Marx, "a great scholar deserves the compliment of being judged seriously" and critically (1972, p. 268). In accordance with the rule of Roman law, audiatur et altera pars, I have invited representative scholars of widely divergent perceptions to offer their critical evaluation of the "age of Samuelson. " While the response was by and large gratifying, some scholars were unable to meet the deadline, ix x PREFACE and with much compunction I have had to expand my own essays to partly fill the gaps.

La théorie économique néoclassique

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (895 download)

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Book Synopsis La théorie économique néoclassique by : Bernard Guerrien

Download or read book La théorie économique néoclassique written by Bernard Guerrien and published by . This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Principles of Economics

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Publisher : Routledge
ISBN 13 : 1134827369
Total Pages : 396 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis The Principles of Economics by : Lawrence Boland

Download or read book The Principles of Economics written by Lawrence Boland and published by Routledge. This book was released on 2005-06-21 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about forming effective critiques of neoclassical economics. Its focus is on constructive criticism of the foundations neoclassical theory, beginning with what Alfred Marshall called the `Principles of Economics'. It concludes that there is still much that can be done to make neoclassical economics more realistic.

Economics

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Publisher : Wiley-Blackwell
ISBN 13 : 9780631220022
Total Pages : 774 pages
Book Rating : 4.2/5 (2 download)

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Book Synopsis Economics by : Xiaokai Yang

Download or read book Economics written by Xiaokai Yang and published by Wiley-Blackwell. This book was released on 2001-03-05 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative text ushers in a new way of examining basic economic issues. It teaches economics from a different standpoint, based on specialization and the division of labor. Resource allocation for a given level of division of labor is shown as not the only determination for demand and supply. Levels of division of labor are shown as a major factors as well.

Origine radicale des crises économiques

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Publisher : IAP
ISBN 13 : 1617358703
Total Pages : 382 pages
Book Rating : 4.6/5 (173 download)

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Book Synopsis Origine radicale des crises économiques by : Henri Savall

Download or read book Origine radicale des crises économiques written by Henri Savall and published by IAP. This book was released on 2012-04-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is written in the french language. Henri Savall gives his insight on the economic crises in organizations.