EconomicsEconomic ideas and trends play a crucial yet little-understood role in the development of the world in which we live and are therefore vital to understanding our society today. From mercantilists through Keynesians to modern economic thought, this handbook covers 50 of the greatest minds and 10 core theories. Including Hume, Smith, Marx, and von Mises, succinct biographies reach behind the personalities and reveal the outstanding contribution each has made to this internationally important and pervasive discipline. The essential concepts and themes have been expertly selected and the complex issues clearly explained within a social, political, and cultural context, allowing the rich history of economic thought to be told and the motivations behind its phenomenal global development to be understood. |
From inside the book
Results 1-2 of 2
Page 70
Mathew Forstater. An important distinction in most growth theories is that between exogenous and endogenous growth . Exogenous refers to factors originating outside the economic system , while endogenous refers to market forces of some ...
Mathew Forstater. An important distinction in most growth theories is that between exogenous and endogenous growth . Exogenous refers to factors originating outside the economic system , while endogenous refers to market forces of some ...
Page
... exogenous growth 69 Functional Finance 80-1 gender issue 112-13 German Historical School 96-9 Harrod , Roy 68 Hayek , Friedrich 106 Hobbes , Thomas 22 Human Development Index 119 , 124-5 input - output analysis 122-3 institutionalists ...
... exogenous growth 69 Functional Finance 80-1 gender issue 112-13 German Historical School 96-9 Harrod , Roy 68 Hayek , Friedrich 106 Hobbes , Thomas 22 Human Development Index 119 , 124-5 input - output analysis 122-3 institutionalists ...
Contents
William Petty 22 Richard Cantillon | 24 |
GROWTH THEORY | 69 |
Abba Lerner 80 Nicholas Kaldor | 82 |
Copyright | |
3 other sections not shown
Other editions - View all
Common terms and phrases
accumulation Adam Smith aggregate demand agriculture anarchism argued Austrian Austrian School banking became behavior Born business cycle Cantillon capital capitalist chartal chartalist classical political economy commodity concept consumers consumption contributions currency debt deficit determined Died distribution economic activity economic analysis economic growth economic theory economists effect England Importance exchange factors firms fiscal framework full employment gender global government intervention Greenspan Hayek historical human Human Development Index ideas imperfect income individual industrial inequality inflation innovation institutions interest rates investment Jevons Kaldor Keynes Keynes's Keynesian Khaldun labor Leontief macroeconomics Malthus marginal utility Marx Mercantilists monetary policy money supply neoclassical economics Nobel Prize output and employment partial equilibrium perfect competition Physiocrats population growth production profit result Ricardo Say's Law School of Economics Schumpeter sector social costs society spending Sraffa Stagflation Stiglitz subsistence surplus technological trade Veblen wage Walras wealth welfare economics workers