Foundations Of Real World Economics PDF Download
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| Author | : John Komlos |
| Publisher | : Taylor & Francis |
| Total Pages | : 591 |
| Release | : 2023-03-20 |
| Genre | : Business & Economics |
| ISBN | : 1000847896 |
Download Foundations of Real-World Economics Book in PDF, ePub and Kindle
The 2008 financial crisis, the rise of Trumpism, and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks remain frozen in time, continuing to uphold traditional policies as though nothing has happened. Foundations of Real-World Economics demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in mainstream models. Bringing together the work of key scholars like Kahneman, Minsky, and Schumpeter, this textbook takes into consideration the inefficiencies that arise when the perfectly competitive model is applied to the real world dominated by multinational oligopolies. The third edition has been updated throughout, bringing in new material on the financial crises, the rise of populism, racism, inequality, climate change, and the Covid-19 pandemic. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching as John Komlos focuses on the paradigm of humanistic economics.
| Author | : John Komlos |
| Publisher | : Routledge |
| Total Pages | : 292 |
| Release | : 2019-01-11 |
| Genre | : Business & Economics |
| ISBN | : 1351584715 |
Download Foundations of Real-World Economics Book in PDF, ePub and Kindle
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.
| Author | : John Komlos |
| Publisher | : |
| Total Pages | : 292 |
| Release | : 2019 |
| Genre | : Economics |
| ISBN | : 9781138296527 |
Download Foundations of Real-World Economics Book in PDF, ePub and Kindle
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP. information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.
| Author | : Andrew Gillespie |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 589 |
| Release | : 2011-03-24 |
| Genre | : Business & Economics |
| ISBN | : 0199586543 |
Download Foundations of Economics Book in PDF, ePub and Kindle
Assuming no prior knowledge, the second edition of Foundations of Economics introduces students to both microeconomic and macroeconomic principles. This is the ideal text for foundation degrees and non-specialist courses for first year undergraduates.
| Author | : John Komlos |
| Publisher | : M.E. Sharpe |
| Total Pages | : 271 |
| Release | : 2014-02-25 |
| Genre | : Business & Economics |
| ISBN | : 0765643715 |
Download What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text Book in PDF, ePub and Kindle
This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations.
| Author | : Virgil Storr |
| Publisher | : Routledge |
| Total Pages | : 170 |
| Release | : 2013-05-20 |
| Genre | : Business & Economics |
| ISBN | : 1136214100 |
Download Understanding the Culture of Markets Book in PDF, ePub and Kindle
How does culture impact economic life? Is culture like a ball and chain that actors must lug around as they pursue their material interests? Or, is culture like a tool-kit from which entrepreneurs can draw resources to aid them in their efforts? Or, is being immersed in a culture like wearing a pair of blinders? Or, is culture like wearing a pair of glasses with tinted lenses? Understanding the Culture of Markets explores how culture shapes economic activity and describes how social scientists (especially economists) should incorporate considerations of culture into their analysis. Although most social scientists recognize that culture shapes economic behavior and outcomes, the majority of economists are not very interested in culture. Understanding the Culture of Markets begins with a discussion of the reasons why economists are reluctant to incorporate culture into economic analysis. It then goes on to describe how culture shapes economic life, and critiques those few efforts by economists to discuss the relationship between culture and markets. Finally, building on the work of Max Weber, it outlines and defends an approach to understanding the culture of markets. In order to understand real world markets, economists must pay attention to how culture shapes economic activity. If culture does indeed color economic life, economists cannot really avoid culture. Instead, the choice that they face is not whether or not to incorporate culture into their analysis but whether to employ culture implicitly or explicitly. Ignoring culture may be possible but avoiding culture is impossible. Understanding the Culture of Markets will appeal to economists interested in how culture impacts economic life, in addition to economic anthropologists and economic sociologists. It should be useful in graduate and undergraduate courses in all of those fields.
| Author | : Thorsten Hens |
| Publisher | : Springer Nature |
| Total Pages | : 178 |
| Release | : 2019-08-20 |
| Genre | : Business & Economics |
| ISBN | : 3030054276 |
Download Economic Foundations for Finance Book in PDF, ePub and Kindle
This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households’ side or the firms’ side.
| Author | : Kaushik Basu |
| Publisher | : MIT Press |
| Total Pages | : 257 |
| Release | : 2015-10-09 |
| Genre | : Business & Economics |
| ISBN | : 0262331683 |
Download An Economist in the Real World Book in PDF, ePub and Kindle
An economist's perspective on the nuts and bolts of economic policymaking, based on his experience as the Chief Economic Adviser in India. In December 2009, the economist Kaushik Basu left the rarefied world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, Basu describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA. Basu writes from a unique perspective—neither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena. He addresses topics that range from the macroeconomic—fiscal and monetary policies—to the granular—designing grain auctions and policies to assure everyone has access to basic food. Basu writes about globalization and India's period of unprecedented growth, and he reports that at a dinner hosted by Prime Minister Manmohan Singh, President Obama joked to him, “You should give this guy some tips”—“this guy” being Timothy Geithner. Basu describes the mixed success of India's anti-poverty programs and the problems of corruption, and considers the social norms and institutions necessary for economic development. India is, Basu argues, at an economics crossroad. As CEA from 2009 to 2012, he was present at the creation of a potential economic powerhouse.
| Author | : Nathaniel O. Keohane |
| Publisher | : Island Press |
| Total Pages | : 328 |
| Release | : 2016-01-05 |
| Genre | : Business & Economics |
| ISBN | : 1610916077 |
Download Markets and the Environment, Second Edition Book in PDF, ePub and Kindle
"A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.
| Author | : Bruce Koerber |
| Publisher | : iUniverse |
| Total Pages | : 72 |
| Release | : 2005-04 |
| Genre | : Business & Economics |
| ISBN | : 0595350836 |
Download Divine Economy And Its Real World Economic Principles Book in PDF, ePub and Kindle
Divine Economy And It's Real World Economic Principles is a book that reorients economic thinking. It is an intriguing and satisfying read for those interested in business ethics and economics or for those interested in philosophy or religion. The Divine Economy Model (c) presented in Chapter Two will change your impression of economics. Economics has been called the 'dismal science' but the Divine Economy Model (c) will instead make you see economics as bright and hopeful. Chapter One builds the case for the parallel emergence of humankind and the economy. It introduces their spiritual foundations. Chapter Two lays out the Divine Economy Model (c) which is an original and significant contribution to economic science. Chapter Three demonstrates how real world economic principles are interconnected and how the Divine Economy Model (c) helps to show their symmetry and reciprocity. Chapter Four identifies new directions in education and law that will serve to unbind the restraints, which greatly retard prosperity. The moral authority of the divine economy springs from human rights, which are the mirror images of property rights. The economic policies derived from the Divine Economy Model (c) are useful for inaugurating social change, see www.divineeconomyconsulting.com.
