The Microeconomics of Complex Economies

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Author :
Publisher : Academic Press
ISBN 13 : 0124115993
Total Pages : 600 pages
Book Rating : 4.1/5 (241 download)

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Book Synopsis The Microeconomics of Complex Economies by : Wolfram Elsner

Download or read book The Microeconomics of Complex Economies written by Wolfram Elsner and published by Academic Press. This book was released on 2014-04-15 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful, accessible approaches to real modern economies. It covers topics of information and innovation, including national and regional systems of innovation; clustered and networked firms; and open-source/open-innovation production and use. Its final chapter on policy perspectives and decisions confirms the value of the toolset. Written so chapters can be used independently, the book includes an introduction to computer simulation and pedagogical supplements. Its formal, accessible treatment of complexity goes beyond the scopes of neoclassical and mainstream economics. The highly interdependent economy of the 21st century demands a reconsideration of economic theories. Describes the usefulness of complex heterodox economics Emphasizes divergences and convergences with neoclassical economic theories and perspectives Fits easily into courses on intermediate microeconomics, industrial organization, and games through self-contained chapters

Microeconomics of Interactive Economies

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781953406
Total Pages : 267 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Microeconomics of Interactive Economies by : Wolfram Elsner

Download or read book Microeconomics of Interactive Economies written by Wolfram Elsner and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 'Non-Toxic' Intermediate Textbook 'Here, at last, we have the ideal textbook for microeconomics from an evolutionary and institutional perspective. Wolfram Elsner does nothing less than reconstruct the principles of microeconomics for a world of interactive business networks, change and innovation, crisis and uncertainty, as well as coordination problems and cooperative joint ventures. The publication of this book is a landmark event in microeconomics.' – Phillip A. O'Hara, Curtin University of Technology, Perth, Australia and President-Elect of AFEE, 2012 'This microeconomics textbook by Wolfram Elsner provides a timely alternative for understanding the micro roots of uncertainty, complexity and crisis. The evolutionary and institutional perspective sheds new light on contemporary issues such as clusters, networks, innovation and coordination. By reading this textbook, teachers, students and practitioners will open their minds to new economic thinking.' – Ping Chen, Peking University, Beijing, Fudan University, Shanghai, China and author of Economic Complexity and Equilibrium Illusion This thorough reconstruction of microeconomics 'post-2008' provides economic students with a new way of real-world understanding and strategic qualification that will be better appreciated by their future employers and any professional practice. It will prove essential for economic students and other social science programs at a graduate level. This accessible and engaging textbook includes: • A survey of the most famous core models of modern microeconomics including the neoclassical approach and its heterodox critiques – Sraffian, Institutionalist, Post-Keynesian and Mirowskian • An introduction to complexity thinking in economics • An introduction to game theory • An introduction to the methods of complex computer simulation • An introduction to strategic behavior • An newly integrated approach to real-world and complexity economics, rather than focusing on neoclassical ('perfect') market equilibrium 'plus a thousand recent extra things on top'. See the companion website – www.microeconomics.us – for teaching material, readings, exams and as a general guide to explore issues raised in the book.

The New Evolutionary Microeconomics

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 266 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The New Evolutionary Microeconomics by : Jason Potts

Download or read book The New Evolutionary Microeconomics written by Jason Potts and published by Edward Elgar Publishing. This book was released on 2000 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work acts as a critique of the basis of neoclassical microeconomics, and makes a proposal for the structure of a new evolutionary theory.

Complex Economic Dynamics

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Publisher :
ISBN 13 : 9780262528603
Total Pages : 0 pages
Book Rating : 4.5/5 (286 download)

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Book Synopsis Complex Economic Dynamics by : Richard H. Day

Download or read book Complex Economic Dynamics written by Richard H. Day and published by . This book was released on 2000-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. 1. An introduction to dynamical systems and market mechanisms -- v. 2. An introduction to macroeconomics dynamics.

Naked Economics: Undressing the Dismal Science (Fully Revised and Updated)

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Publisher : W. W. Norton & Company
ISBN 13 : 0393337642
Total Pages : 385 pages
Book Rating : 4.3/5 (933 download)

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Book Synopsis Naked Economics: Undressing the Dismal Science (Fully Revised and Updated) by : Charles Wheelan

Download or read book Naked Economics: Undressing the Dismal Science (Fully Revised and Updated) written by Charles Wheelan and published by W. W. Norton & Company. This book was released on 2010-04-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.

Microeconomics

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Publisher : Princeton University Press
ISBN 13 : 1400829313
Total Pages : 608 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Microeconomics by : Samuel Bowles

Download or read book Microeconomics written by Samuel Bowles and published by Princeton University Press. This book was released on 2009-12-13 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this novel introduction to modern microeconomic theory, Samuel Bowles returns to the classical economists' interest in the wealth and poverty of nations and people, the workings of the institutions of capitalist economies, and the coevolution of individual preferences and the structures of markets, firms, and other institutions. Using recent advances in evolutionary game theory, contract theory, behavioral experiments, and the modeling of dynamic processes, he develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events. Topics addressed include institutional innovation, social preferences, nonmarket social interactions, social capital, equilibrium unemployment, credit constraints, economic power, generalized increasing returns, disequilibrium outcomes, and path dependency. Each chapter is introduced by empirical puzzles or historical episodes illuminated by the modeling that follows, and the book closes with sets of problems to be solved by readers seeking to improve their mathematical modeling skills. Complementing standard mathematical analysis are agent-based computer simulations of complex evolving systems that are available online so that readers can experiment with the models. Bowles concludes with the time-honored challenge of "getting the rules right," providing an evaluation of markets, states, and communities as contrasting and yet sometimes synergistic structures of governance. Must reading for students and scholars not only in economics but across the behavioral sciences, this engagingly written and compelling exposition of the new microeconomics moves the field beyond the conventional models of prices and markets toward a more accurate and policy-relevant portrayal of human social behavior.

Microeconomics for MBAs

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Publisher : Cambridge University Press
ISBN 13 : 1107139481
Total Pages : 765 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Microeconomics for MBAs by : Richard B. McKenzie

Download or read book Microeconomics for MBAs written by Richard B. McKenzie and published by Cambridge University Press. This book was released on 2016-07-18 with total page 765 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sophisticated yet non-technical introduction to microeconomics for MBA students, now in its third edition.

Economics of Good and Evil

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Publisher : Oxford University Press
ISBN 13 : 9780199831906
Total Pages : 376 pages
Book Rating : 4.8/5 (319 download)

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Book Synopsis Economics of Good and Evil by : Tomas Sedlacek

Download or read book Economics of Good and Evil written by Tomas Sedlacek and published by Oxford University Press. This book was released on 2011-07-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.

Microeconomic Principles and Problems

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Publisher : Routledge
ISBN 13 : 0429678762
Total Pages : 517 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Microeconomic Principles and Problems by : Geoffrey Schneider

Download or read book Microeconomic Principles and Problems written by Geoffrey Schneider and published by Routledge. This book was released on 2019-05-29 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern economics, including mainstream and heterodox approaches. Through providing multiple views of markets and how they work, it will leave readers better able to understand and analyse the complex behaviours of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles of microeconomics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes and Friedrich Hayek. Mainstream books neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of the major heterodox schools of thought, it allows the reader to choose which ideas they find most compelling in explaining modern economic realities. Written in an engaging style focused on real world examples, this ground-breaking book brings economics to life. It offers the most contemporary and complete package for any pluralistic microeconomics class.

The Economy

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Publisher : Core Economics Education
ISBN 13 : 9781838165666
Total Pages : 0 pages
Book Rating : 4.1/5 (656 download)

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Book Synopsis The Economy by : The Core Team

Download or read book The Economy written by The Core Team and published by Core Economics Education. This book was released on 2022-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete introduction to economics and the economy taught in undergraduate economics and masters courses in public policy. CORE's approach to teaching economics is student-centred and motivated by real-world problems and real-world data. The only introductory economics text to equip students to address today's pressing problems by mastering the conceptual and quantitative tools of contemporary economics. THE ECONOMY: is a new approach that integrates recent developments in economics including contract theory, strategic interaction, behavioural economics, and financial instability; challenges students to address inequality, climate change, economic instability, wealth creation and innovation, and other problems; provides a unified treatment of micro- and macroeconomics; motivates all models and concepts by evidence and real-world applications.

Complexity and the Art of Public Policy

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Publisher : Princeton University Press
ISBN 13 : 0691169136
Total Pages : 320 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Complexity and the Art of Public Policy by : David Colander

Download or read book Complexity and the Art of Public Policy written by David Colander and published by Princeton University Press. This book was released on 2016-02-16 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How ideas in complexity can be used to develop more effective public policy Complexity science—made possible by modern analytical and computational advances—is changing the way we think about social systems and social theory. Unfortunately, economists' policy models have not kept up and are stuck in either a market fundamentalist or government control narrative. While these standard narratives are useful in some cases, they are damaging in others, directing thinking away from creative, innovative policy solutions. Complexity and the Art of Public Policy outlines a new, more flexible policy narrative, which envisions society as a complex evolving system that is uncontrollable but can be influenced. David Colander and Roland Kupers describe how economists and society became locked into the current policy framework, and lay out fresh alternatives for framing policy questions. Offering original solutions to stubborn problems, the complexity narrative builds on broader philosophical traditions, such as those in the work of John Stuart Mill, to suggest initiatives that the authors call "activist laissez-faire" policies. Colander and Kupers develop innovative bottom-up solutions that, through new institutional structures such as for-benefit corporations, channel individuals’ social instincts into solving societal problems, making profits a tool for change rather than a goal. They argue that a central role for government in this complexity framework is to foster an ecostructure within which diverse forms of social entrepreneurship can emerge and blossom.

Essentials of Microeconomics

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Publisher : Taylor & Francis
ISBN 13 : 1003821537
Total Pages : 277 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Essentials of Microeconomics by : Bonnie Nguyen

Download or read book Essentials of Microeconomics written by Bonnie Nguyen and published by Taylor & Francis. This book was released on 2024-01-26 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essentials of Microeconomics is an excellent introduction to microeconomics. It presents the basic tools of microeconomics clearly and concisely. It presents a vigorous treatment of all relevant introductory microeconomic concepts, and emphasises on modern economics – game theory and imperfect markets. Each chapter is self-contained and includes the required key mathematical skills at the start. Now in its second edition, this updated textbook includes: • Expanded lecturer resources, including detailed lecture slides, sample exam questions and updated test bank multiple choice questions • An additional section on Economics in Practice, focused on policy, econometrics and behavioural economics This book is ideal not only for introductory microeconomics courses, but its level of analysis also makes the book appropriate for introductory level economics taught at postgraduate level. With the emphasis on strategy, this text is also well suited for use in business economics courses.

Economics: Complex Windows

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Publisher : Springer Science & Business Media
ISBN 13 : 884700344X
Total Pages : 217 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Economics: Complex Windows by : Massimo Salzano

Download or read book Economics: Complex Windows written by Massimo Salzano and published by Springer Science & Business Media. This book was released on 2006-01-17 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: “In some ways, the e?ect of achieving understanding is to reverse completely our initial attitude of mind. For everyone starts (as we have said) by being perplexed by some fact or other: for instance... the fact that the diagonal of a square is incommensurable with the side. Anyone who has not yet seen why the side and the diagonal have no common unit regards this as quite extra- dinary. But one ends up in the opposite frame of mind... for nothing would so much ?abbergast a mathematician as if the diagonal and side of a square were to become commensurable”. [Aristotele] This is the ?rst volume of a new series entitled “New Economic Windows”. Each volume in the series will, we hope, provide pointers towards a better understanding of the nature of economic phenomena and help to “reverse our initial state of mind” as economists. As H. Simon observed, Economics must be considered a “hard”, (in the sense of di?cult rather than precise), science. As he cogently argued, the problems dealt with are so complex they “cannot simply be reduced to analytically solvable models or decomposed into sepa- 1 rate sub processes”. In this he was following on from Einstein who, many years earlier, when asked why he had not turned his attention to economics said that he found it too di?cult a subject to handle scienti?cally.

Microeconomic Modeling in Urban Science

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Publisher : Academic Press
ISBN 13 : 0128152974
Total Pages : 296 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Microeconomic Modeling in Urban Science by : Francisco Martinez Concha

Download or read book Microeconomic Modeling in Urban Science written by Francisco Martinez Concha and published by Academic Press. This book was released on 2018-07-10 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled under the framework of random utility behavior and interacting in a complex market of location auctions, location externalities, agglomeration economies, transport accessibility attributes, and planning regulations and incentives. Francisco Javier Martinez Concha considers the optimal planning of cities as he explores interactions between citizens and between citizens and firms, the mesoscopic agglomeration of firms and the segregation of agents’ socioeconomic clusters, and the emergence of city-level scale laws. Its unified model of city life is relevant to micro-, meso- and macro-scale interactions. Presents a unified, coherent and realistic framework able to simulate complete urban systems Describes the use of discrete–choice and stochastic behavior models in the auction spatial-equilibrium market Includes computing outputs from Cube-Land modeling using GIS

Macroeconomic Essentials

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Publisher : MIT Press
ISBN 13 : 9780262611503
Total Pages : 436 pages
Book Rating : 4.6/5 (115 download)

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Book Synopsis Macroeconomic Essentials by : Peter Kennedy

Download or read book Macroeconomic Essentials written by Peter Kennedy and published by MIT Press. This book was released on 2000 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a clear exposition of introductory macroeconomic theory along with more than 600 one- or two-sentence "news clips" that serve as illustrations and exercises.

Economyths

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Publisher : Icon Books Ltd
ISBN 13 : 1848311990
Total Pages : 307 pages
Book Rating : 4.8/5 (483 download)

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Book Synopsis Economyths by : David Orrell

Download or read book Economyths written by David Orrell and published by Icon Books Ltd. This book was released on 2010-05-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, "Economyths" reveals ten ways in which economics has failed us all. Forecasters predicted a prosperous year in 2008 for financial markets - in one influential survey the average prediction was for an eleven per cent gain. But by the end of the year, the Standard and Poor's 500 index - a key economic barometer - was down 38 per cent, and major economies were plunging into recession. Even the Queen asked - Why did no one see it coming? An even bigger casualty was the credibility of economics, which for decades has claimed that the economy is a rational, stable, efficient machine, governed by well-understood laws. Mathematician David Orrell traces the history of this idea from its roots in ancient Greece to the financial centres of London and New York, shows how it is mistaken, and proposes new alternatives. "Economyths" explains how the economy is the result of complex and unpredictable processes; how risk models go astray; why the economy is not rational or fair; why no woman (until 2009) had ever won the Nobel Prize for economics; why financial crashes are less Black Swans than part of the landscape; and, finally, how new ideas in mathematics, psychology, and environmentalism are helping to reinvent economics.

Economics For Dummies

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Publisher : John Wiley & Sons
ISBN 13 : 1394161336
Total Pages : 439 pages
Book Rating : 4.3/5 (941 download)

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Book Synopsis Economics For Dummies by : Sean Masaki Flynn

Download or read book Economics For Dummies written by Sean Masaki Flynn and published by John Wiley & Sons. This book was released on 2023-10-03 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn the basics of economics and keep up to date on our ever-changing economy Whether you’re studying economics in high school or college, or you’re just interested in taking a peek into the complexities of how money moves, Economics For Dummies is the go-to reference that transforms complex economic concepts into easy-to-understand reading. With the simple explanations in this book, you’ll master key topics like supply and demand, consumer behavior, and how governments and central banks attempt to avoid—or at least ameliorate—business downturns and recessions. Plus, you’ll learn what’s going on these days with inflation, interest rates, labor shortages, and the Federal Reserve. Studying for an exam? This Dummies guide has your back, with online practice and chapter quizzes to help you get the score you need. It’s time to recon econ, the Dummies way. Get a grasp on the unchanging fundamentals of economics Dive into behavioral economics and consumer decision making Learn what drives economic growth and inequality Solidify your knowledge with practice questions and quizzes Economics For Dummies is an approachable reference book for students, as well as an informative guide for anyone interested in learning more about today’s economy.