History of Economic Theory
(Advanced Textbooks in Economics)
Takashi Negishi (Author)
Description :
Publication
Date: June 29, 1989 | ISBN-10: 044470437X | ISBN-13: 978-0444704375
This volume
aims to interest students of modern economic theory in the history of
economics. For this purpose, past economic theories are considered from the
point of view of current economic theories and translated, if possible and
necessary, into mathematical models. It is emphasized that the currently
dominating mainstream theory is not the only possible theory, and that there
are many past theories which have important significance to the advancement of
economic theory in the present situation, or will have it in the near future.
After a brief
discussion on the history of economics from the point of view of contemporary
economic theory, a bird's-eye view of the historical development of economics
is given so that readers can see the significance of topics to be discussed in
subsequent chapters in a proper historical perspective. These topics are
carefully chosen to show not only what great economists in the past contributed
to the development of economics, but also what suggestions for solving our own
current problems we can obtain by reworking problems they had to face.
The book can be
used in advanced undergraduate as well as graduate classes on the history of
economics. Mathematical techniques used can easily be understood by advanced
undergraduates of economics major, since some models constructed originally by
contemporary mathematical economists are carefully reformulated without losing
the essence, basic calculus and the rudiments of linear algebra being
sufficient for understanding.
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