Companion to Contemporary Economic Thought

by Greenaway, David

• ISBN13: 9780415026123
• ISBN10: 0415026121
• Format: Hardcover
• Copyright: 1992-02-01
• Publisher: Routledge

Summary

Companion to Contemporary Economic Thoughtpresents its reader with a comprehensive picture of current economic theory and applied economics. Its forty-one constituent articles are arranged under four broad themes:Methodological Perspectives, Economic Theory,Applied Economics,andInterfaces.This last section, a feature unique to this book, explores the current points of contact between economics and related disciplines. Each article considers its topic in depth, conveying the full detail of current advances. The contributors explain their ideas in ways that will be understandable to others, both inside and outside economics. Also included is an extensive bibliography and suggestions for further reading, as well as a detailed index of topics and people.Companion to Contemporary Economic Thoughttakes stock of the subject, providing--in a concise form--unified coverage appropriate to the student, the teacher and the professionalalike. Contributors:William J. Baumol, Richard Blundell, A. W. Coats, W. Max Corden, Phyllis Deane, Dennis C. Mueller, Sir Alan Peacock, M. Hashem Pesaran, Warren J. Samuels, Robert M. Solow.

Table of Contents

Contributors	ix
Preface	xi
Preamble	1	(6)
David Greenaway
I. METHODOLOGICAL PERSPECTIVES
The Role of the Methodologist	7	(18)
Ian M. T. Stewart
The Role of History of Economic Thought	25	(24)
Phyllis Deane
Theory and Empirical Observation	49	(19)
Denis P. O'Brien
Austrian Economics: a Dissent from Orthodoxy	68	(20)
Norman P. Barry
Current Views on Economic Positivism	88	(17)
Lawrence A. Boland
Institutional Economics	105	(14)
Warren J. Samuels
Economics as a Profession	119	(26)
A. W. Coats
II. ECONOMIC THEORY
An Overview of Emerging Theory	145	(16)
Michael Bleaney
Expectations in Economics	161	(23)
M. Hashem Pesaran
Post-Keynesian Macroeconomics	184	(23)
Malcolm C. Sawyer
Public Choice Theory	207	(45)
Dennis C. Mueller
Uncertainty in Economics	252	(22)
John D. Hey
Strategic Trade Policy	274	(17)
W. Max Corden
Recent Developments in Monetary Theory	291	(25)
Ronald MacDonald
Ross Milbourne
Economics of the Environment	316	(27)
David W. Pearce
Game Theory and Strategic Behaviour	343	(23)
Christian Montet
International Aspects of Development Economics	366	(27)
V. N. Balasubramanyam
A. I. MacBean
Growth Theory	393	(23)
Robert M. Solow
Open-Economy Macroeconomics	416	(24)
Ronald Shone
Economics of Socialism	440	(21)
Paul G. Hare
The Labour Market: Unemployment and Search Theory	461	(21)
David Sapsford
The International Co-ordination of Macroeconomic Policy	482	(25)
David Currie
Paul Levine
Determinants of Industry Structure and Contestable Market Theory	507	(16)
William J. Baumol
The Growth of the Public Sector	523	(26)
J. Richard Aronson
Attiat F. Ott
III. APPLIED ECONOMICS
The Role of Applied Economics	549	(10)
David Greenaway
Time Series Econometrics	559	(15)
Clive W. J. Granger
The Role of Measurement and Testing in Economics	574	(19)
Grayham E. Mizon
Experimental Methods in Economics	593	(21)
Graham Loomes
Cost-Benefit Analysis and Project Appraisal	614	(20)
Edward Tower
Applied General Equilibrium Modelling	634	(16)
John Whalley
Microeconometrics	650	(29)
Richard Blundell
Macroeconometric Forecasting	679	(18)
Kenneth Holden
Interest Groups and Policy Formulation	697	(16)
Chris Milner
Economic Advice and Economic Policy	713	(16)
Alan Peacock
IV. INTERFACES
Economics and Related Disciplines	729	(13)
Michael Bleaney
Ian Stewart
Economics and Social Systems	742	(17)
Kenneth E. Boulding
Economics and Politics	759	(22)
Iain McLean
Economics and Law	781	(16)
Roger Bowles
Economics and Psychology	797	(15)
W. Fred Van Raaij
Economics and History	812	(18)
N. F. R. Crafts
Index	830