Development of Economic Analysis 7th Edition by Ingrid Rima ISBN 1135979383 9781135979386

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Product details:

ISBN 10: 1135979383

ISBN 13: 9781135979386

Author:  Ingrid H. Rima 

Development of Economic Analysis 7th Edition: Now in its seventh edition, Ingrid Rima’s classic textbook charts the development of the discipline from the classical age of Plato and Aristotle, through the middle ages to the first flowering of economics as a distinct discipline – the age of Petty, Quesnay and Smith – to the era of classical economics and the marginalist revolution. The book then goes on to offer extensive coverage of the twentieth century – the rise of Keynesianism, econometrics, the Chicago School and the neoclassical paradigm. The concluding chapters analyze the birth of late twentieth century developments such as game theory, experimental economics and competing schools of economic thought. This text includes a number of practical features: a “family tree” at the beginning of each section, illustrating how the different developments within economics are interlinked the inclusion of readings from the original key texts a summary and questions to discuss, along with glossaries and suggestions for further reading This book provides the clearest, most readable guide to economic thought that exists and encourages students to examine the relevance of the discipline’s history to contemporary theory.

 

Development of Economic Analysis 7th Edition Table of contents:

Part I: Preclassical Economics

• Early masterworks as a source of economic thought
• The origins of analytic economics
• The transition to classical economics

Part II: Classical Economics

• Physiocracy: the beginning of analytical economics
• Adam Smith: from moral philosophy to political economy
• Thomas Malthus and J. B. Say: the political economy of population behavior and aggregate demand
• David Ricardo: economic analysis of the distributive shares
• Building on Ricardian foundations: the Mills, W. N. Senior, and Charles Babbage
• Classical theory in review

Part III: The Critics of Classicism

• Socialism, induction, and the forerunners of marginalism
• Karl Marx: an inquiry into the “law of motion” of the capitalist system
• First-generation marginalists: Jevons, Walras, and Menger
• Second-generation marginalists

Part IV: The Neo-Classical Tradition, 1890-1945

• Alfred Marshall and the neo-classical tradition
• Chamberlain, Robinson, and other price theorists
• The “new” theory of welfare and consumer behavior
• Neo-classical monetary and business-cycle theorists

Part V: The Dissent from Neo-Classicism, 1890-1945

• The dissent of American institutionalists
• The economics of planning: socialism without Marxism
• J. M. Keynes’s critique of the mainstream tradition
• Keynes’s theory of employment, output, and income

Part VI: Beyond High Theory

• The emergence of econometrics as a sister-discipline of economics
• Neo-Keynesians, Neo-Walrasians, and monetarists
• The analytics of economic liberalism: the theory of choice

Part VII: Competing Economic Paradigms

• From economic heterodoxy to pluralism and the revival of political economy

 

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