Development of Economic Analysis 7th Edition

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  • Edition: 1st
  • Format: Nonspecific Binding
  • Copyright: 2009-02-20
  • Publisher: Routledge

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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.

Author Biography

Ingrid Rima is Professor of Economics at Temple University, Philadelphia, USA.

Table of Contents

Preclassical Economics
Early Masterworks as a source of Economic Thought
The Origins of Analytic Economics
The Transition to Classical Economics
Classical Economics
Physiocracy: The Beginning of Analytical Economics
From Moral Philosophy to Political Economy
The Political Economy of Population Behaviour and Aggregate Demand
Economic Analysis of the Distributive Shares
Building on Ricardian Foundations
Classical Theory in Review
The Critics of Classicism
Socialism, Induction, and the Forerunners of Marginalism
An Inquiry into the "Law of Motion" of the Capitalist System
First-Generation Marginalists
Second-Generation Marginalists
The Neo-classical Tradition, 1980-1945
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
The Dissent form 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
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
Competing Economic Paradigms
From Economic Heterodoxy to Pluralism and the Revival of Political Economy
Table of Contents provided by Publisher. All Rights Reserved.

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