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The Economy: Economics for a Changing World by The CORE Team (Paperback, 2017)
World of Books Ltd (10208786)
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Author:The CORE Team. We may have grown, but our mission has never changed. In short, we care about people and the planet! Product Details The feel-good place to buy books. A new book will be sold once but their stories can be enjoyed by more than one owner.
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The only introductory economics text to equip students to address today's pressing problems by mastering the conceptual and quantitative tools of contemporary economics. OUP has partnered with the international collaborative project of CORE researchers and teachers to bring students a book and learning system that complements and enhances CORE's open-access online e-book. The Economy: is a new approach that integrates recent developments in economics including contract theory, strategic interaction, behavioural economics and financial instabilityEngages with issues students of economics care about, exploring inequality, climate change, economic instability, wealth creation and innovation, among other issues.provides a unified treatment of micro- and macroeconomicsmotivates all models and concepts by evidence and real-world applicationsuses interactive student-paced model-buildinghas been adopted as the standard principles course at University College London, Sciences Po Paris and the Toulouse School of EconomicsA new economics for the principles course The Economy begins with social interactions using elementary game theory and institutions modelled as rules of the game. This provides the basis for a modern treatment of markets including price-making as well as price-taking, the exercise of power, and the importance of social norms and adjustment to disequilibria.Introducing labour and credit markets with incomplete contracts allows a consistent treatment of aggregate employment and fluctuations without the need for ad hoc sticky price and wage assumptions. Banks create money by extending credit and a central bank seeks to implement a target inflation rate.Growth and instability are illustrated from the Great Depression, through the post-war golden age of capitalism through to the financial crisis and ensuing uncertainties. Students acquire an understanding of the past and current evolution of the economy in its social and environmental context, equipping them to marshal evidence and articulate positions about contemporary policy issues.Key Features of this Edition:Economist in Action videos by Al Roth, James Heckman, Thomas Piketty, and others give students a glimpse of what economists do and how they engage in real policy questionsHow economists learn from facts boxes introduce students to research practice including how to identify causation using experiments and other methodsWhen economists disagree features engage the student with evidence and controversiesThe Read more suggestions direct the reader to resources they can consult to take their learning furtherStudent-paced interactive diagrams suited to diverse learner capabilities are available within the CORE open access ebook available here - www.core-econ.orgMultiple-choice questions (with explanations of correct and incorrect answers) allow students to self-test their understandingGreat Economists panels showcase a range of influential thinkers who have shaped the path of economicsDefinitions explain important terms right where neededEinsteins provide an opportunity for readers to explore the quantitative aspects of the topics under discussion in more detailOnline Leibniz calculus supplements provide a calculus-based course option, enhancing flexibility of use.Product Identifiers
PublisherOxford University Press
ISBN-139780198810247
eBay Product ID (ePID)238428147
Product Key Features
Number of Pages1152 Pages
LanguageEnglish
Publication NameThe Economy: Economics for a Changing World
Publication Year2017
SubjectEconomics
TypeTextbook
AuthorThe Core Team
FormatPaperback
Dimensions
Item Height265 mm
Item Weight1990 g
Item Width202 mm
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorThe Core Team
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- 24 Sep, 2023
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