The Making of Economics: The Modern Superstructure
Volume II in The Making of Economics, 4th Edition series fills a major gap in the literature of economics, providing in brief fashion a complete treatment of high theory in economics. Like Volume I, the book is accessible to the intelligent reader, be they advanced undergraduate or graduate students, laypeople, or professors of economics and finance. The author walks the reader through the maze of contemporary economics, acquainting them with the most up-to-date theories as well as recent economic history. The learning tasks are eased by volleys of examples as well as dramatic illustrations. The progression is from neoclassical Keynesian economics to monetarism, continuing with mathematical economics and econometrics, the theory of economic growth, the new classical economics, game theory, experimental economics, and global economics. For example, common threads between Smithian classical economics and new classical economics are woven into the fabric of discussions directing the way to the higher theory. The new chapters on mathematics and econometrics, game theory, experimental economics, and globalization are not to be found in other surveys of what the author calls the "Modern Superstructure of Economics." Although designed to be used with Volume I, it can also stand alone as a text or textbook supplement for a wide range of courses in economics and finance.
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The Modern Monetarists
The Era of Positive Economic Science
The Rise of Mathematics and Econometrics
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Adam Smith Alfred Marshall American Keynesian banks behavior bidders bonds buyers capital-labor ratio classical consumer cooperative cost Depression developed dollar eBay econometrics economic growth economic science economic theory economists equal equation equilibrium theory expected inflation Federal Reserve Figure firms fiscal policy game theory global haystack higher idea increase industry interest rate investment per worker John Maynard Keynes Keynes's Keynesian cross Keynesian economics macroeconomics marginal mathematical ment mice Milton Friedman monetarism monetarists monetary money supply mouse Nash equilibrium national income natural rate neo-Keynesians neoclassical Keynesianism Newtonian Nobel Prize nomics nonetheless optimal output Paul Samuelson payoffs percent perfect competition perfect market person Phillips curve player positive economics Post Keynesian predicted price level prisoner's dilemma Prize in Economics profits rational expectations Ray Canterbery real world rise saving per worker sellers social Solow strategy tion total demand trillion unemployment rate variables wage rate Walrasian