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Book

Development of Economic Analysis

Book

Development of Economic Analysis

DOI link for Development of Economic Analysis

Development of Economic Analysis book

Development of Economic Analysis

DOI link for Development of Economic Analysis

Development of Economic Analysis book

ByIngrid H. Rima
Edition 1st Edition
First Published 2008
eBook Published 22 December 2008
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9780203887943
Pages 624
eBook ISBN 9780203887943
Subjects Economics, Finance, Business & Industry
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Rima, I.H. (2009). Development of Economic Analysis (1st ed.). Routledge. https://doi.org/10.4324/9780203887943

ABSTRACT

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.

TABLE OF CONTENTS

part |8 pages

Part I Preclassical Economics

chapter 1|16 pages

Early masterworks as sources of economic thought

ByIngrid H. Rima

chapter 2|21 pages

The origins of analytical economics

ByIngrid H. Rima

chapter 3|21 pages

The transition to classical economics

ByIngrid H. Rima

part |5 pages

Part II Classical Economics

chapter 4|21 pages

Physiocracy: The beginning of analytical economics

ByIngrid H. Rima

chapter 5|30 pages

Adam Smith: From moral philosophy to political economy

ByIngrid H. Rima

chapter 6|22 pages

Thomas Malthus and J. B. Say: The political economy of population behavior and aggregate demand

ByIngrid H. Rima

chapter 7|23 pages

David Ricardo: Analysis of the distributive shares, international trade and money

ByIngrid H. Rima

chapter 8|17 pages

Building on Ricardian foundations: The Mills, W. N. Senior and Charles

ByBabbage

chapter 9|18 pages

Classical theory in review: From the French theorists to J. R. McCulloch (1789–1864)

ByIngrid H. Rima

part |6 pages

Part III The Critics of Classicism

chapter 10|21 pages

Socialism, induction, and the forerunners of marginalism

ByIngrid H. Rima

chapter 11|24 pages

Karl Marx: An inquiry into the “Law of Motion” of the capitalist system

ByIngrid H. Rima

chapter 12|29 pages

First-generation marginalists

ByJevons, Walras, and Menger

chapter 13|28 pages

“Second-generation” marginalists

ByIngrid H. Rima

part |7 pages

Part IV The Neoclassical Tradition, 1890–1945

chapter 14|31 pages

Alfred Marshall and the neoclassical tradition

ByIngrid H. Rima

chapter 15|24 pages

Chamberlin, Robinson, and other price theorists

ByIngrid H. Rima

chapter 16|23 pages

The “new” theory of welfare and consumer behavior

ByIngrid H. Rima

chapter 17|21 pages

Neoclassical monetary and business-cycle theorists

ByIngrid H. Rima

part |6 pages

Part V The Dissent from Neoclassicism, 1890–1945

chapter 18|19 pages

The dissent of American institutionalists

ByIngrid H. Rima

chapter 19|14 pages

The economics of planning: Socialism without Marxism

ByIngrid H. Rima

chapter 20|17 pages

J. M. Keynes’s critique of the mainstream tradition

ByIngrid H. Rima

chapter 21|24 pages

Keynes’s theory of employment, output and income

ByIngrid H. Rima

part |9 pages

Part VI Beyond High Theory

chapter 22|13 pages

The emergence of econometrics as a sister discipline of economics

ByIngrid H. Rima

chapter 23|22 pages

Neo-Keynesians, neo-Walrasians, and monetarists

ByIngrid H. Rima

chapter 24|24 pages

The analytics of economic liberalism: The theory of choice

ByIngrid H. Rima

part |7 pages

Part VII Competing Economic Paradigms

chapter 25|21 pages

The challenge of competing paradigms in contemporary economics

ByIngrid H. Rima
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