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TitleEconomics evolving : a history of economic thought
Author Agnar Sandmo
ImprintPrinceton, N.J. : Princeton University Press, ©2011
Descript viii, 489 pages : illustrations ; 24 cm


This book describes the history of economic thought, focusing on the development of economic theory from Adam Smith's 'Wealth of Nations' to the late twentieth century. The text concentrates on the most important figures in the history of the economics. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution.--[book cover]


A science and its history -- Before Adam Smith -- Adam Smith -- The classical school : Thomas Robert Malthus and David Ricardo -- Consolidation and innovation : John Stuart Mill -- Karl Marx as an economic theorist -- The forerunners of marginalism -- The marginalist revolution I : William Stanley Jevons and Carl Menger -- The marginalist revolution II : Lโeon Walras -- Alfred Marshall and partial equilibrium theory -- Equilibrium and welfare : Edgeworth, Pareto, and Pigou -- Interest and prices : Knut Wicksell and Irving Fisher -- New perspectives on markets and competition -- The great systems debate -- John Maynard Keynes and the Keynesian revolution -- Frisch, Haavelmo, and the birth of econometrics -- The modernization of economic theory in the postwar period -- Further developments in the postwar period -- Long-term trends and new perspectives


Economics LibraryHB75 .S25 2011CHECK SHELVES

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