
The Path to a Modern Economics
Dealing with the Complexity of Economic Systems
Henning Schwardt(Author)
Palgrave Macmillan (Publisher)
Published on 13. May 2018
Book
Paperback/Softback
XI, 366 pages
978-3-319-84984-3 (ISBN)
Description
This book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Schwardt examines developments in economies and the role of the public sector over the last few centuries. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the outset; and bottom-up approaches, where an economic environment emerges from the interactions of the individual agents.
By recognising the validity of alternate perspectives on economic issues, Schwardt proposes an improved foundation for economics research and policy.
By recognising the validity of alternate perspectives on economic issues, Schwardt proposes an improved foundation for economics research and policy.
More details
Edition
Softcover reprint of the original 1st ed. 2017
Language
English
Place of publication
Cham
Switzerland
Publishing group
Springer International Publishing
Target group
Professional and scholarly
Illustrations
XI, 366 p.
Dimensions
Height: 210 mm
Width: 148 mm
Thickness: 21 mm
Weight
491 gr
ISBN-13
978-3-319-84984-3 (9783319849843)
DOI
10.1007/978-3-319-52785-7
Schweitzer Classification
Other editions
Additional editions

Book
08/2017
Palgrave Macmillan
€139.09
Shipment within 10-15 days
Person
Henning Schwardt
is Visiting Teaching Assistant Professor in the Department of Economics at the University of Denver, USA. His research has focused on institutional economics and development economics, as well as complexity economics.
Content
1. Trends and Changes in Economies.- 2. Individual, Economic Environment, and Mutual Relation.- 3. The Functioning and the Functioning of Markets.- 4. Unemployment as Economic Crises.- 5. Frameworks for Economic Policies.- 6. Final Considerations.-