EconomicsThe Little Book of Big Ideas: Economics contains the profiles and theories of 50 of the world's most eminent economists. From mercantilists through Keynesians to modern economic thought, this book gets behind 50 of the greatest minds and 10 core theories. Covering Hume, Smith and Marx, succinct biographies provide an insight into economists' personalities and reveal the outstanding contribution that each has made to this pervasive discipline. Essential concepts and themes have been expertly selected and complex issues are explained in their social, political and cultural context. |
From inside the book
Results 1-3 of 16
Page 22
... concepts central to Classical Political Economy , began with the works of Sir William Petty . Born : 1623 , Romsey , Hampshire , England Importance : Developed concept of surplus which became the mainstay of classical theorists Died ...
... concepts central to Classical Political Economy , began with the works of Sir William Petty . Born : 1623 , Romsey , Hampshire , England Importance : Developed concept of surplus which became the mainstay of classical theorists Died ...
Page 45
... concepts of : consumer and producer ; surplus ; diminishing marginal utility ; the contemporary distinction between the short period and the long period ; the laws of diminishing and increasing returns ; internal and external economies ...
... concepts of : consumer and producer ; surplus ; diminishing marginal utility ; the contemporary distinction between the short period and the long period ; the laws of diminishing and increasing returns ; internal and external economies ...
Page 48
... concept borrowed from Newtonian physics . The consumer market is in equilibrium when supply of goods in the market equals demand for them . Equilibrium can exist in a particular market , as well as in all markets at the same time . The ...
... concept borrowed from Newtonian physics . The consumer market is in equilibrium when supply of goods in the market equals demand for them . Equilibrium can exist in a particular market , as well as in all markets at the same time . The ...
Contents
Introduction by Professor James Rollo | 6 |
Ibn Khaldun 12 Thomas Mun | 14 |
John Locke 16 ECONOMICS AND | 20 |
Copyright | |
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accumulation Adam Smith aggregate demand agriculture anarchism argued Austrian Austrian School banking became behaviour Born business cycle Cantillon capital capitalist chartalist Classical Political Economy commodity consumers consumption contributions currency debt deficit determined Died distribution economic activity economic analysis economic growth economic theory economists effect emphasised England Importance exchange factors firms fiscal framework full employment gender government intervention Greenspan Hayek historical human Human Development Index ideas imperfect income individual industrial inequality inflation innovation institutions interest rates investment Jevons Keynes Keynesian Khaldun Kuznets labour Leontief macroeconomics Malthus marginal utility Marx Mercantilist monetary policy money supply Neoclassical economics Nobel Prize output and employment partial equilibrium perfect competition Physiocrats population growth production profit recognised result Ricardo Say's Law School of Economics Schumpeter sector social costs society spending Sraffa Stagflation Stiglitz subsistence surplus technological trade USA Importance Veblen wage Walras wealth welfare economics workers