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The invisible hand : economic thought yesterday and today.

By: Material type: TextTextLanguage: English Original language: German Publisher: Berlin ; New York : Springer, c2004Description: xiii, 263 p. : ill. ; 24 cmISBN:
  • 3540023550 :
Subject(s): DDC classification:
  • 330 22
LOC classification:
  • HB171.5 .S9613 2004
Contents:
Ch. 1. People and Markets (Microeconomics) -- The Invisible Hand of the Market -- Competition in Theory and in Practice -- Prices, Costs and Profits -- The Utility and Real Value of Commodities -- Causes of Market Failure -- Fair Wages and the Right to Work -- The Mystery of Capital and Interest -- Ch. 2. Crises of Market Economies (Macroeconomics) -- How Does Money Enter the Economy? -- Business Cycles and Shortages in Demand -- Why Do Business Cycles Fluctuate? -- Does Technical Progress Destroy Jobs? -- Inflation and Unemployment -- Growth and Wealth -- Limits of Economic Growth -- Ch. 3. Trade and changes in the world economy (Foreign trade) -- Should We Protect Ourselves from Cheap Competition from Abroad? -- Winners and Losers in World Trade -- When National Economies Run into Debt -- Will International Competition Lead to Falling Wages? -- Globalization and Competition Between Locations -- The History of the Currency System -- Why Does the Dollar Rate Fluctuate? -- Ch. 4. The State and Social Matters (Public Finance) -- The State and its Role in the Economy -- Democracy and Market Economy -- Social Aspects of a Market Economy -- Taxes and Justice -- Family Policy and Provision for Old Age -- Economic Laws and Juridical Thinking -- The Welfare State and Unemployment.
Review: "This book explains the world of economics in simple terms. Starting with the questions put forward by the first economists it proceeds to the core of today's economic theory and provides the reader with a straightforward introduction to what economists discovered about wealth, unemployment, growth, and inflation. The author is Professor of Economics at the University of Muenster in Germany, where the original version has been a great success. Renouncing the use of any formal methods, he offers the reader a historical perspective of the main economic problems the world has to deal with today. The inclusion of many anecdotes as well as simple figures and interesting photos makes the reading of this book a source of great pleasure and benefit."--BOOK JACKET.
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Holdings
Item type Current library Call number Copy number Status Date due Barcode
Book City Campus City Campus Main Collection 330 SUN (Browse shelf(Opens below)) 1 Available A411489B

Includes bibliographical references and indexes.

Ch. 1. People and Markets (Microeconomics) -- The Invisible Hand of the Market -- Competition in Theory and in Practice -- Prices, Costs and Profits -- The Utility and Real Value of Commodities -- Causes of Market Failure -- Fair Wages and the Right to Work -- The Mystery of Capital and Interest -- Ch. 2. Crises of Market Economies (Macroeconomics) -- How Does Money Enter the Economy? -- Business Cycles and Shortages in Demand -- Why Do Business Cycles Fluctuate? -- Does Technical Progress Destroy Jobs? -- Inflation and Unemployment -- Growth and Wealth -- Limits of Economic Growth -- Ch. 3. Trade and changes in the world economy (Foreign trade) -- Should We Protect Ourselves from Cheap Competition from Abroad? -- Winners and Losers in World Trade -- When National Economies Run into Debt -- Will International Competition Lead to Falling Wages? -- Globalization and Competition Between Locations -- The History of the Currency System -- Why Does the Dollar Rate Fluctuate? -- Ch. 4. The State and Social Matters (Public Finance) -- The State and its Role in the Economy -- Democracy and Market Economy -- Social Aspects of a Market Economy -- Taxes and Justice -- Family Policy and Provision for Old Age -- Economic Laws and Juridical Thinking -- The Welfare State and Unemployment.

"This book explains the world of economics in simple terms. Starting with the questions put forward by the first economists it proceeds to the core of today's economic theory and provides the reader with a straightforward introduction to what economists discovered about wealth, unemployment, growth, and inflation. The author is Professor of Economics at the University of Muenster in Germany, where the original version has been a great success. Renouncing the use of any formal methods, he offers the reader a historical perspective of the main economic problems the world has to deal with today. The inclusion of many anecdotes as well as simple figures and interesting photos makes the reading of this book a source of great pleasure and benefit."--BOOK JACKET.

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