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Well constructed and thoroughly competent""> - The Economist
""It is refreshingly differentThe new-comer to economics who studies this book should find it an interesting and invigorating task"" - Economic Journal>
This book introduces readers to some of the salient features and problems of the world economy and gives some indication of the main ways in which economists set about the task of analyzing them.
After a general account of what economies are and how they work, the book's discussion develops with reference to broad statistical facts in relation to the
Economics. --- Economic theory --- Political economy --- Social sciences --- Economic man
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This book examines important issues on the relationship between economics and political values or ideologies, by analysing the main branches of economic theory in an historical perspective and their impact on economic policy.
The book is structured as follows:
Part I: Positive Economics?
1. The Positive-Normative Distinction in the History of Economic Thought
Part II: Policy Objectives
2. The Objectives of Economic Policies: An Historical Review
Economics. --- Economic theory --- Political economy --- Social sciences --- Economic man
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The authors of this timely and provocative book use the tools of economic analysis to examine the formation and change of political borders. They argue that while these issues have always been at the core of historical analysis, international economists have tended to regard the size of a country as "exogenous," or no more subject to explanation than the location of a mountain range or the course of a river. Alesina and Spolaore consider a country's borders to be subject to the same analysis as any other man-made institution. In The Size of Nations, they argue that the optimal size of a country is determined by a cost-benefit trade-off between the benefits of size and the costs of heterogeneity. In a large country, per capita costs may be low, but the heterogeneous preferences of a large population make it hard to deliver services and formulate policy. Smaller countries may find it easier to respond to citizen preferences in a democratic way. Alesina and Spolaore substantiate their analysis with simple analytical models that show how the patterns of globalization, international conflict, and democratization of the last two hundred years can explain patterns of state formation. Their aim is not only "normative" but also "positive"--that is, not only to compute the optimal size of a state in theory but also to explain the phenomenon of country size in reality. They argue that the complexity of real world conditions does not preclude a systematic analysis, and that such an analysis, synthesizing economics, political science, and history, can help us understand real world events.
States, Size of. --- ECONOMICS/Political Economy --- ECONOMICS/Trade & Development
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The world's financial landscape is transforming as economies become increasingly interdependent. In Regulating the Financial Sector in the Era of Globalization, Zuhayr Mikdashi examines the role of public authorities and of business executives in the prevention, moderation, containment and resolution of financial problems. The book features a foreword by William C. Hunter, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago.
Macroeconomics. --- International relations. --- International business enterprises. --- Economic policy. --- Political economy. --- Risk management. --- Macroeconomics/Monetary Economics//Financial Economics. --- International Relations. --- International Business. --- Economic Policy. --- International Political Economy. --- Risk Management.
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In this book, Yi Feng combines political and economic analyses to study the effects of political institutions on economic performance. Traditionally, political scientists disregard details of economic conditions, while economists may not take into consideration a systematic explanation of political regimes. The growing interest in the interplay of political and economic systems, spurred by the political democratization and economic liberalization evident in many countries over the last twenty years, merits this new perspective.The book examines the political determinants of economic growth, and, specifically, the controversial question of the relationship between democracy and quality of life. Feng systematically studies three variables of a political system--political freedom, political stability, and policy certainty--and relates them to economic development. He examines the political factors that may affect patterns of growth directly or indirectly.Combining theory and country-specific case studies, Democracy, Governance, and Economic Performance demonstrates that political institutions and conditions do matter in economic growth. After establishing a theoretical foundation, Feng tests it by examining the direct effects of the three key political variables on economic growth and the indirect effects of democracy in terms of other variables (political instability, inflation, investment, education, income distribution, property rights, and population growth). He concludes by considering the policy implications of these results.
Democracy --- Economic development --- Political science --- Business & Economics --- Economic Theory --- Economic aspects. --- Political aspects. --- ECONOMICS/Political Economy
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Social Economics holds a place in the literature of the Austrian School such as John Stuart Mill's Political Economy holds in the literature of classical theory. It sums up, systematises and extends the doctrines developed by the founder of the school, the author and his fellow workers.
Economics. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economics --- E-books
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This book introduces economic theory by concentrating on some of the most important matters with which theory deals. Beginning by developing the general criteria of efficiency in the allocation of resources between alternative uses, the book then illustrates how efficient allocation can be promoted directly, by state planning, or indirectly by private enterprise. An analysis of the working of business competition in both its free and restricted forms follows, and analysis of the determination of the general levels of production employment and prices is also included.
Economics. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economics --- E-books
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Arguing that the disciplines of economics and sociology are inter-related and vitally important to each other, this book discusses major issues such as the effects of urbanization, population growth, and the growth of various forms of nationalism from both economic and socio-political viewpoints. In addition the significance and limits of pure economics are examined, as are the sociological factors in modern economic theory, as well as power and economic law.
Social sciences --- Economics. --- Sociology. --- Social theory --- Economic theory --- Political economy --- Economic man --- Methodology.
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The paper focuses on distributional consequences of macroeconomic adjustment. The preferences of economic agents over the level of the real exchange rate derived from standard models are monotonic, with agents favoring either an infinitely appreciated or depreciated rate. To generate less extreme preferences, a model is presented where appreciation would depress economic activity, while a large depreciation would hit the tradable sector by limiting the availability of labor, offsetting the favorable price effect. The model is in the spirit of the dependent economy model, but built on explicit microfoundations. The results can be used to analyze political economy aspects of macroeconomic adjustment.
Foreign Exchange --- Labor --- Macroeconomics --- Political Economy --- Open Economy Macroeconomics --- Wages, Compensation, and Labor Costs: General --- Labor Economics: General --- Aggregate Factor Income Distribution --- Labour --- income economics --- Currency --- Foreign exchange --- Political economy --- Real exchange rates --- Wages --- Income --- Labor economics --- Economics
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Economic schools --- Economics, Mathematical --- Economics --- 330.1 --- Economic theory --- Political economy --- Social sciences --- Economic man --- Mathematical economics --- Econometrics --- Mathematics --- Methodology
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