Economics and Economic Systems, 1st Edition

  • Published By:
  • ISBN-10: 1615308962
  • ISBN-13: 9781615308965
  • DDC: 330
  • Grade Level Range: 6th Grade - 12th Grade
  • 144 Pages | eBook
  • Original Copyright 2013 | Published/Released September 2013
  • This publication's content originally published in print form: 2013

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Although individuals and countries, for centuries, have exchanged goods and services for money, the formal field of economics—the study of wealth and how it is produced and distributed—is relatively young. Since Adam Smith’s pioneering work in the 18th century, economics has developed a great deal, and with it, so has our understanding of market systems, such as capitalism and centrally planned systems. A detailed explanation of the scope of economics, historical development, and the strengths and weaknesses of various economic systems is provided.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
1: Nature and Scope of Economics.
2: History of economics.
3: The Unintended Effects of Markets.
4: Construction of a System.
5: Marxism.
6: The Marginalists.
7: The Critics.
8: Keynesian Economics.
9: Developments After World War II.
10: Radical Critiques.
11: Methods of Economics.
12: Methods of Inference.
13: Testing Theories.
14: Microeconomics.
15: Macroeconomics.
16: Neoclassical Economics.
17: Fields of Economics.
18: Money.
19: Growth and Development.
20: Public Finance.
21: International Economics.
22: Labour.
23: Industrial Organization.
24: Agriculture.
25: Law and Economics.
26: Information Economics.
27: Financial Economics.
28: Other Fields.
29: Premarket Economic Systems.
30: Prehistoric and Preliterate Economic Systems.
31: Centralized States.
32: Preconditions for Market Society.
33: The Development of capitalism.
34: From Mercantilism to Commercial Capitalism.
35: From Commercial to Industrial Capitalism.
36: From Industrial to State Capitalism.
37: Criticisms of Capitalism.
38: The Unreliability of Growth.
39: The Quality of Growth.
40: Equity.
41: Corrective Measures.
42: Centrally Planned Systems.
43: Soviet Planning.
44: Problems with Socialism.