economics & finance 2014...netherlands microeconomics: equilibrium and efficiency teaches how to...

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ECONOMICS & FINANCE

2014

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Economics & Finance2014

For a complete list of titles, please visit www.palgrave.com *.

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K E Y T O S Y M B O L S

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Books at Introductory Level

Macroeconomics

Microeconomics

Health Economics - FEATURED TITLE

Experimental and Behavioural Economics

Econometrics

Mathematics for Economics

Money, Banking and Finance

Political Economy

International Economics

History of Economic Thought

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Economics for Business2nd edition

Chris Mulhearn and Howard Vane, both at Liverpool John Moores University, UK

‘This is Mulhearn and Vane at their best. This second edition is both thorough and engaging and will be an asset for all students undertaking introductory economics.’ - Carole Doyle, Glasgow Caledonian University, UK

‘Mulhearn and Vane do an outstanding job of bringing the subject of economics to life. They show their readers how knowledge of economic concepts helps them understand the world of business.’ - Thomas Coskeran, Durham University, UK

‘This book is a great combination of three ingredients: an accessible writing style; a comprehensive set of real examples; and a culturally stimulating approach. I would definitely recommend it to students

beginning their business studies.’ - Emanuele Tarantino, University of Bologna, Italy

Economics for Business is an engaging introductory text, full of examples and cases enabling students to grasp complex economic theory and understand its relevance in real-world business scenarios. Students will enjoy the clarity and wit of the writing style and benefit from the quirky learning features and illustrations.

Contents: Economics and Business • The Market • The Firm • Firms’ Costs and Revenues • Market Concentration and Power • Business and Government • Factor Markets • The Macroeconomy, Macroeconomic Policy and Business • Unemployment • Inflation • Economic Growth and Business Cycles • Stabilizing the Economy • International Trade • The Balance of Payments and Exchange Rates • Globalization • Glossary • Index

496pp December 2011 Paperback 9780230271715 $74.00 (C$85.00)

BOOKS AT INTRODUCTORY LEVEL

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The Economics CompanionGraham Mallard, Marlborough College, UK

‘This is a superb guide to what the successful study of economics at university involves. It will be most helpful to anyone contemplating the study of economics.’ - Malcolm Sawyer, Professor of Economics, University of Leeds, UK

‘The Economics Companion should be recommended to any student of economics who wishes to get a richer and more nuanced introduction to our discipline than is typically provided in standard introductory texts and courses.’ - Nick Weaver, School of Social Sciences: Economics, University of Manchester, UK

An invaluable resource for those considering and starting degree courses in Economics. It introduces readers to the core theories and techniques of economics and presents some of the most interesting controversies and wider themes. It is an essential guide for those wanting to study the subject successfully.


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MacroeconomicsNils Gottfries, Uppsala University, Sweden

‘Nils Gottfries’ thoughtful, consistent and lucid exposition breathes fresh air into a macroeconomics textbook.’ - John Driffill, Birkbeck, University of London, UK

‘This is a great book. It uses a consistent theory throughout, explains it well, and does a tremendous job in confronting theory with data.’ - Steinar Holden, University of Oslo, Norway

‘This is a superb book! It contains a rigorous treatment of the New-Keynesian model combined with illustrative examples and interesting policy discussions. Students will find the book well-written and easily accessible.’ - Fredrik NG Andersson, Lund University, Sweden

‘This book is an excellent and innovative new textbook for intermediate macroeconomics.’ - Gianluigi Vernasca, University of Essex, UK

A new approach based on microfoundations combined with an essentially Keynesian policy analysis. Highly readable, direct style, with consistent treatment through the short and long run and the closed and open economy, and an international stance comparing theory with data for the Eurozone, UK and US. Up-to-date analysis of financial events.

Contents: Introduction • PART I: THE LONG RUN • Production, Prices and the Distribution of Income • Interest Rates and Investment • Consumption and the Natural Rate of Interest • Capital Accumulation and Growth • Wage Setting and Unemployment • Money and Inflation in the Long Run • PART II: THE SHORT RUN • The Interest Rate and Production in the Short Run • Economic Activity and Inflation in the Short Run • PART III: ECONOMIC POLICY • Monetary Policy • Fiscal Policy • PART IV: THE OPEN ECONOMY • Exports, Imports, and International Financial Markets • The Open Economy in the Long Run • The Open Economy in the Short Run • Exchange Rate Systems and Monetary Union • PART V: BUSINESS CYCLES, POLICYMAKING, FINANCIAL MARKETS • Business Cycles • Institutions and Economic Policy • Financial Markets

576pp April 2013 Paperback 9780230275973 $85.00 (C$98.00)


Economics of DevelopmentTheory and Evidence

9th edition

A.P. Thirlwall, University of Kent, UK

‘Thirlwall sets the standard for a rigorous undergraduate development text.’ Professor Gregg Huff, Senior Research Fellow, Pembroke College, University of Oxford, UK

The ninth edition of Thirlwall’s Economics

of Development: Theory and Evidence (formerly Growth and Development) represents the most thorough revision of this classic textbook to date. For nearly forty years, it has offered students a clear, comprehensive and rigorous overview of the economic aspects of growth and development.

A Full Table of Contents is Available at:www.palgrave.com


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MACROECONOMICS

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MicroeconomicsEquilibrium and Efficiency

Thijs ten Raa, Tilburg University, The Netherlands

‘This is an ideal microeconomics textbook for students who have a solid grounding in micro at the intermediate level. It contains the first and only integrated treatment of general equilibrium and input-output analysis.’ - Marcus Berliant, Washington University in St. Louis, USA

‘Professor ten Raa has succeeded in writing a lucid text that shows the wide applicability of standard theory and its normative implications for a more efficient organization of real world economies.’ - Fred Schroyen, Norwegian School of Economics, Norway

‘Coherent, well written, rigorous and sharp, with a clear focus, this book will give students an excellent sense for the nature and performance of the market economy.’ - Joop Hartog, University of Amsterdam, The

Netherlands

Microeconomics: Equilibrium and Efficiency teaches how to apply microeconomic theory in an innovative, intuitive and concise way. Using real-world, empirical examples, this book not only covers the building blocks of the subject, but helps gain a broad understanding of microeconomic theory and models.

Contents: PART I: ECONOMIC PRINCIPLES • Economic Building Blocks and the Importance of Elasticities • Scarcities and how they are Priced • PART II: THE DEMAND SIDE OF THE ECONOMY • Utility and Expenditures • Demand: Income and Substitution Effects • Measuring Consumer Well-being • PART III: THE SUPPLY SIDE OF THE ECONOMY • Production Analysis: Inputs, Outputs, Coefficients, and Productivity • Production Functions • Supply and Market Power • PART IV: BUILDING THE MODEL OF THE ECONOMY • Equilibrium • Efficiency Theory • PART V: PUTTING THE MODEL TO USE • Measuring Economic Performance • Market Forms and Competition Policy • Public Economics • PART VI: MARKET IMPERFECTIONS • Game Theory and the New Industrial Organization • Analyzing Uncertainty and Missing Information • Search, Transaction, and Switching Costs

368pp May 2013 Paperback 9780230201132 $70.00 (C$81.00)

MICROECONOMICS

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Institutional EconomicsAn Introduction

John Groenewegen, Delft University of Technology, The Netherlands, Antoon Spithoven and Annette Van den Berg, both at Utrecht School of Economics, The Netherlands

Institutional economics is an increasingly important area, verging into political science

and sociology. This concise and lucid textbook, which assumes a basic understanding of neoclassical economics, introduces the key ideas, emphasizing the ‘new’ institutional economics but grounding readers in the traditional perspectives.

Contents: PART I: INTRODUCTION • What is Institutional Economics About? • PART II: THEORY • Theoretical Framework • Static Approaches to Institutions • The Dynamics of Institutions • PART III: PRIVATE GOVERNANCE STRUCTURES • Markets • Firms • Cooperation Between Firms • PART IV: PUBLIC GOVERNANCE STRUCTURES • State Intervention to Protect the Public Interest • Government Failures

324pp February 2010 Paperback 9780230550742 $57.00 (C$65.50)

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language into accessible economic narrative. It includes material on socioeconomic disparities in health, the obesity epidemic, and behavioral health economics.

Contents:

Why Health Economics? • PART I: DEMAND FOR HEALTH AND HEALTH CARE • Demand for Health Care • Demand for Health: The Grossman Model • Socioeconomic Disparities in Health • PART II: SUPPLY OF HEALTH CARE • The Labor Market for Physicians • Hospitals • PART III: INFORMATION ECONOMICS • Demand for Insurance • Adverse Selection: Akerlof’s Market for Lemons • Adverse Selection: The Rothschild-Stiglitz Model • Adverse Selection in Real Markets • Moral Hazard • PART IV: ECONOMICS OF HEALTH INNOVATION • Pharmaceuticals and the Economics of Innovation • Technology and The Price of Health Care • Health Technology Assessment • PART V: HEALTH POLICY • The Health Policy Conundrum • The Beveridge Model: Nationalized Health Care • The Bismarck Model: Social Health Insurance • The American Model • Population Aging and the Future of Health Policy • PART VI: PUBLIC HEALTH ECONOMICS • The Economics of Health Externalities • Economic Epidemiology • Obesity • PART VII: BEHAVIORAL HEALTH ECONOMICS • Prospect Theory • Time Inconsistency and Health

624pp November 2013 Paperback 9781137029966 $100.00 (C$115.00)


Health EconomicsJay Bhattacharya, Stanford University, USA, Timothy Hyde, Yale University, USA and Peter Tu, Harvard University, USA

’A very thorough introduction to health economics combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions.’ - Kenneth J. Arrow, Joan Kenney Professor of Economics, Professor of Operations Research, Emeritus, and Stanford Health Policy Fellow, USA and Nobel Prize-winning economist

‘This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market...I look forward to using this book in the classroom.’ - Janet M. Currie, Henry Putnam Professor of Economics and Public Affairs, Director of the Center for

Health and Well-Being, Princeton University, USA

‘This is an exceptionally rich and comprehensive undergraduate textbook in Health Economics. It covers the traditional building blocks of health economics, but also extends to behavioral health economics, public health economics and addresses pertinent policy questions that different countries with different health care models face. This book is a must for health economics courses throughout the world and a definite recommend as secondary reading for courses on the economics of the welfare state.’ - Maarten Lindeboom, Professor of Economics, VU University, The Netherlands

‘A welcome new textbook that includes highly accessible treatment of the most important topics in modern health economics. This will be a student favorite.’ - William Dow, Henry J. Kaiser Professor of Health Economics, University of California, USA

‘An exceptionally well written textbook, broad in coverage, refreshingly non-technical, but nevertheless scholarly and thorough. Innovative chapters like economic epidemiology and thoughtful insights on demographic change as well as a review of new developments on public health economics and behavioral economics are most valuable.‘ - Konrad Obermann, Mannheim Institute of Public Health, Heidelberg University, Germany

This new text offers sound pedagogy, economic rigor and policy-theory integration. It focuses on building intuition alongside appropriate mathematical formality, translating mathematical

HEALTH ECONOMICS - FEATURED TITLE

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A Course in Behavioral Economics

Erik Angner, George Mason University, USA

’Written with great gusto and striking an elegant balance between forest and trees [this] is one of those rare textbooks that students pick up for fun. What more can you want?’ - Peter D. van der Meer, School of Economics, Utrecht University, The

Netherlands

Written as a self-contained, one-semester text, this book presents behavioral economics (specifically behavioral theories of decision) by comparing and contrasting them to mainstream (neoclassical) economics. Ideal for advanced undergraduate students of economics, philosophy, psychology, marketing, and political science.


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An Introduction to Behavioral Economics2nd edition

Nick Wilkinson, Richmond - The American University in London, UK and Matthias Klaes, University of Dundee, UK

‘The second volume expands, and brings up-to-date, this engaging and erudite introduction to the field of behavioral

economics. By providing their own unique and interesting perspective on the material they review, the authors succeed at the difficult task of holding the reader’s interest while providing remarkably comprehensive coverage.’ - George Loewenstein, Carnegie Mellon University, USA

An Introduction to Behavioral Economics includes recent research, an overview of methodology and expanded material on rationality, behavioral game theory and the nature of the role of evidence in testing.


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Decision-MakingA Behavioral Economic Approach

Michal Skorepa, Charles University, Czech Republic

’This book thoroughly describes and discusses important behavioural models of individual economic decision making. It will be useful to students and researchers within economics and related social sciences who wish to understand the many important results

and insights from this exciting research area.’ - Anders Poulsen, Lecturer in Economics, School of Economics, University of East Anglia, UK

Decision Making provides a broad survey of the field of decision making from the perspective of the economics researcher. The book is divided into two parts, the first provides a concise and systematic overview of the field of decision research, and the second goes deeper into key topics and debates within the field.

400pp January 2011 Paperback 9780230248250 $55.00 (C$63.00)

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EXPERIMENTAL AND BEHAVIOURAL ECONOMICS

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Applied Econometrics2nd edition

Dimitrios Asteriou, Hellenic Open University, Greece and Stephen G. Hall, University of Leicester, UK

‘I wholeheartedly recommend this econometrics textbook, which was clearly written with students’ needs in mind.’ - Kaddour

Hadri, Professor of Economics, Queen’s University Management School, Belfast, UK

The second edition of this highly successful text refines existing strengths and adds significant new material expanding the scope of the book and making it a more flexible teaching tool. In addition to providing instructions for performing all tests in EViews and Microfit, the book now includes instructions for STATA.

512pp May 2011 Paperback 9780230271821 $75.00 (C$86.00)

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Econometrics by ExampleDamodar Gujarati, Emeritus Professor, US Military Academy, West Point, USA

‘When it comes to getting clear answers to my basic questions, I always reach for Guj...I wouldn’t try to learn econometrics without the Guj.’ - Student Reviewer, Amazon.com

‘Econometrics by Example is another innovative textbook by Professor Damodar Gujarati. The numerous in-depth examples not only provide greater insight for students and practitioners of economics, but will also be useful for students in other areas of the social sciences.’ - Frank J. Fabozzi, Yale School of Management, USA

Econometrics by Example is an introductory text for students who wish to focus on practical applications of econometric theory. Each chapter contains one or

two examples that are discussed in depth. The example-led approach and engaging writing style are ideal for students tackling the subject for the first time.

Contents: PART I: THE LINEAR REGRESSION MODEL • The Linear Regression Model: An Overview • Functional Forms of Regression Models • Qualitative Explanatory Variables Regression Models PART II: CRITICAL EVALUATION OF THE CLASSICAL LINEAR REGRESSION MODEL • Regression Diagnostic I: Multicollinearity • Regression Diagnostic II: Heteroscedasticity • Regression Diagnostic III: Autocorrelation • Regression Diagnostic IV: Model Specification Errors PART III: REGRESSION MODELS WITH CROSS-SECTIONAL DATA • The Logit and Probit Models • Multinomial Regression Models • Oridinal Regression Models • Limited Dependent Variable Regression Models • Modeling Count Data: The Poisson and Negative Binomial Regression Models PART IV: TOPICS IN TIME SERIES ECONOMETRICS • Stationary and Nonstationary Time Series • Cointegration and Error Correction Models • Asset Price Volatility: The ARCH and GARCH Models • Economic Forecasting • Panel Data Regression Models • Survival Analysis • Stochastic Regressors and the Method of Instrumental Variables



ECONOMETRICS

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Mathematics for EconomicsAn integrated approach

3rd edition

Mik Wisniewski, University of Strathclyde, UK

‘This book does a great job by teaching how mathematics used in economic models both reveals and is enlivened by economic intuition.’ - Sujoy Mukerji, Oxford University, UK

This book shows how mathematics is used in developing economic theory and in applied economic analysis. The text gradually develops the mathematical skills needed by students and allows them to progress at their own pace. A wide variety of examples shows how, and why, the application of mathematics has become essential to economists.

A Full Table of Contents is Available at: www.palgrave.com

544pp March 2013 Paperback 9780230278929 $73.00 (C$110.00)

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Essential Quantitative MethodsFor Business, Management and Finance

5th editionLes Oakshott, University of Warwick, UK

‘The fifth edition is perfect for students on Business-related courses. The language and tone used throughout the book make it accessible for students without any previous exposure to Quantitative Methods.

Regular in-text activities and the self-tests on the excellent companion website help to boost student confidence in the subject.’ - Lee Fawcett, Newcastle University, UK

A great value, student-friendly introduction to quantitative methods. The book covers the essentials, whilst also appealing to more advanced students. Focused on problem-solving in a real business context, with plenty of pedagogical features and real world examples, students are guided through the subject clearly and methodically.

512pp March 2012 Paperback 9780230302662 $65.00 (C$75.00)

EC Web


MATHEMATICS FOR ECONOMICS

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Personal Finance2nd edition

Edited by George Callaghan, Ian Fribbance and Martin Higginson, all at The Open University, UK

‘The text will definitely appeal to students. It is very well written and very engaging.’ - Chris Veld, Professor of Finance, University of Glasgow, UK

Second edition of this successful introductory personal finance text. Its innovative approach of distilling important, but complex, concepts into a useable form and relating them to actual experience make it a ‘must have’ book for anybody that wants their money to work as hard as they do!



Published in association with The Open University

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Finance & Financial Markets3rd edition

Keith Pilbeam, City University, UK

Finance & Financial Markets is a comprehensive and accessible introduction to finance, making the operation of financial institutions, markets and instruments readily understandable for students on business, economics and finance

courses and those wanting to understand the workings of the financial world.

Contents: The World of Finance • Financial Intermediation and Financial Markets • Financial Institutions • Monetary Policy and Interest Rate Determination • Domestic and International Money Markets • The Domestic and International Bond Market • Portfolio Analysis: Risk and Return in Financial Markets • The Capital Asset Pricing Model • Stockmarkets and Equities • The Efficiency of Financial Markets • The Foreign Exchange Market • Theories of Exchange Rate Determination • Financial Futures • Options • Option Pricing • Swap Markets • Financial Innovation and the Credit Crunch • Regulation of the Financial Sector


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An Introduction to Global Financial Markets7th edition

Stephen Valdez, former Financial Trainer and Consultant and former Director of Profile Financial Training Plc., and Philip Molyneux, Bangor University, UK

‘This is essential reading for anyone studying how global financial markets work, and, more importantly, looking for insights as to how they may work in the future. ’ - Simon Thompson,

Chief Executive, Chartered Banker Institute

This book describes the various financial sectors in clear, easy to understand terms. It provides a broad and balanced introduction to financial markets across the world and comprehensive coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives products.



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MONEY, BANKING AND FINANCE

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International Finance4th edition

Keith Pilbeam, City University, UK

‘International Finance offers a comprehensive introduction to the subject – covering theory, policy and empirical situations. But the author also manages to succeed in adding that extra bit of understanding without ever becoming too technical.’ - Franc Klaassen, Associate Professor of International Economics, University of Amsterdam, The Netherlands

‘Both students and practitioners working through this book will gain an excellent grounding in the fundamental features of International Finance. I highly recommend this book to any reader.’ - Dennis Vink, Professor, Nyenrode Business University, The Netherlands

International Finance is an established and internationally renowned introduction to the subject for students. It draws on recent events to provide comprehensive coverage of traditional theories and new research relating to the balance of payments, exchange rate determination and the international monetary system.

Contents: Introduction • PART I: BALANCE OF PAYMENTS THEORY AND PRACTICE • The Foreign Exchange Market • The Balance of Payments • Elasticity and Absorption Approaches to the Balance of Payments • Macroeconomic Policy in an Open Economy • The Monetary Approach to the Balance of Payments • PART II: EXCHANGE RATE DETERMINATION: THEORY, EVIDENCE AND POLICY • Purchasing Power Parity and Floating Exchange Rate Experience • Modern Models of Exchange Rate Determination • The Portfolio Balance Model • Empirical Evidence on Exchange Rates • Fixed, Flexible and Managed Exchange Rates • PART III: THE INTERNATIONAL MONETARY SYSTEM • The International Monetary System • The Eurocurrency and Eurobond Markets • Currency Derivatives: Futures, Options and Swaps • International Policy Coordination • International Debt Crises • The European Monetary System and European Monetary Union • Currency Crises and the East Asian Financial Crisis • The Subprime Mortgage Crisis • Further Reading and Resources

580pp February 2013 Paperback 9780230362895 $93.00 (C$107.00)


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Resisting Economic GlobalizationCritical Theory and International Investment Law

David Schneiderman, University of Toronto, Canada

Is economic globalization irresistible? One of its main effects has been to shield financiers and investors from democratic processes deemed out-of-sync with powerful economic interests. This book is an inquiry into the ways by which citizens and

states may be able to undo some of these constraints imposed by transnational legality.

Contents: Introduction • Hardt and Negri and the Immobilization of the State • Teubner and System Liberation • Habermas and Global Power Policy • Santos and Difficulty of Sustainable Resistance • Wolin and Democracy’s Debasement • Foucault, Ecuador and on Being ‘Freer Than They Feel’ • Conclusion

232pp June 2013 Hardback 9781137004055 $95.00 (C$109.00)

Palgrave Macmillan Socio-Legal Studies

Comparative Political Economy of WorkEdited by Marco Hauptmeier, Cardiff University, UK and Matt Vidal, Kings College London, UK

An edited book in the Critical Perspectives on Work and Employment series associated with the annual International Labour Process Conference. The book focuses on comparative work and employment relations research conducted within a broader political economy framework. Written by leading academics it contains cutting-edge research.

Contents: Introduction – Comparative Political Economy and the Labour Process; Matt Vidal & Marco Hauptmeier • PART I: THEORETICAL FRAMEWORKS • Do the UK and Australia have Sustainable Business Models?; Karel Williams • Varieties of Capitalism and Varieties of Crisis; Jason Heyes, Paul Lewis & Ian Clark • Postfordism as a Dysfunctional Accumulation Regime; Matt Vidal • The Social and Material Construction of the Financial Crisis; Marco Hauptmeier & Glenn Morgan • PART II: COMPARATIVE POLITICAL ECONOMY OF THE LABOUR PROCESS • Value Chains

and Networks in Services - Understanding Labour Process Dynamics; Jörg Flecker • Greening Steel Work: Varieties of Capitalism, the Green Skills Agenda and the Greening of the Labour Process; Dean Stroud & Claire Evans • Coping with Job-Related Uncertainties – A Comparison of Precariously Working Women in East and West Germany; Melanie Booth • PART III: COMPARATIVE EMPLOYMENT RELATIONS • Intra-EU labour Migration and the Circumvention of National Industrial Relations Systems; Nathan Lillie, Ines Wagner & Lisa Berntsen • Employment Relations under External Pressure: Spain and Italian reforms in 2010-11; Guglielmo Meardi • Strikes in EU companies. Trade Union Effects in Different institutional Settings; Giedo Jansen & Agnes Akkerman • Board Level Employee Representatives in Norway, Sweden and Denmark; Inger Marie Hagen • PART IV: SECTORAL AND WITHIN-COUNTRY COMPARISONS • Within-Country Institutional Diversity and Employment: The UK Pharmaceutical and Food Manufacturing Sectors Compared; Enda Hannon, Katie Truss, Kathy Monks, Edel Conway, Grainne Kelly & Patrick Flood • Political Congruence in Trade Unions: A Factor in Renewal?; Martin Upchurch • Quality of Work in the Cleaning industry: A Complex Picture Based on Sectoral Regulation and Customer-driven Conditions; Vassil Kirov, Monique Ramioul & Jan Van Peteghem


Critical Perspectives on Work and Employment

POLITICAL ECONOMY

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Applied International Trade2nd edition

Harry P. Bowen, Queens University of Charlotte, USA, Abraham Hollander, University of Montreal, Canada and Jean-Marie Viaene, Erasmus University Rotterdam, The Netherlands

‘Clear exposition, thorough explanation, up-to-date empirical

information and fresh insights. Unrivalled in its market.’ - Charles van Marrewijk, Utrecht University, The Netherlands

This fully revised and updated second edition offers a comprehensive approach to the methods of international trade analysis. By focusing on the application of theory, the book illustrates the ideas while identifying the implications and weaknesses of the various theories and models found through empirical implementation.


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Introduction to International Economics2nd edition

Henk Jager, University of Amsterdam, The Netherlands and Catrinus Jepma, University of Groningen, The Netherlands

‘An increasing number of business people are confronted with aspects of international economics, such as exchange rate movements, capital

flows, the functioning of the European Economic and Monetary Union, and trade flows. This book provides the much-needed non-technical introduction into the field.’ - Eelke de Jong, Professor of International Economics, Radboud University Nijmegen, The Netherlands

An accessible introduction to international economics for students from a non-economics background. Its European focus and emphasis on real world examples mean it is well suited to a business-oriented approach with examples from a number of different sectors to help cement understanding of key concepts.


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INTERNATIONAL ECONOMICS

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Economic MethodologyUnderstanding Economics as a Science

Marcel Boumans and John Davis, both at University of Amsterdam, The Netherlands

‘This is an excellent book that goes beyond being a textbook. It is a contribution in synthesizing issues in methodology of economics.’ - Sohrab Behdad, and John E. Harris, Denison

University, USA

Like other sciences, the study of economics has been shaped by rigorous arguments and debates that continue to influence economists today. In this fascinating introduction, Boumans and Davis consider the scientific nature of the methods, logic, and forms of explanation that underlie economics as a discipline.


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In the Shadow of Adam SmithFounders of Scottish Economics 1700–1900

Donald Rutherford, University of Edinburgh, UK

‘This volume sets out an impressive thematic account of the remarkable range of contributors, and contributions to, economic theory and policy in Scotland from 1700 to 1900.’ - Sheila Dow, University of Stirling, UK

‘Rutherford’s groundbreaking account of the history of Scottish economics is the first of its kind and shows the richness of Adam Smith’s achievement, as well as the complexity of his inheritance.’ - Lars Magnusson, Professor of Economic History, Department of Economic History, Uppsala University, Sweden

A large number of Scottish writers in economics are discussed according to a thematic approach. The distinctive Scottish contribution to the clash between natural liberty and socialist ideas is set out.

352pp August 2012 Paperback 9780230252103 $43.00 (C$49.50)

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HISTORY OF ECONOMIC THOUGHT

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economics & finance 2014...netherlands microeconomics: equilibrium and efficiency teaches how to...

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