The Evolution of Economic Thought / Edition 8

by Stanley Brue, R. G. Grant

Overview

In this scholarly and timely presentation of the history of economic thought, you'll see how new ideas, evidence, problems and values can be used to reconsider basic disputes and major contributions of the past. THE EVOLUTION OF ECONOMIC THOUGHT, 8e covers the history of economics, the philosophies that drive the economic way of thinking, the ideas of the great economic thinkers and their logical connections to the world. You'll see how Robert Solow's pioneering model can be used to discuss recent renewed emphasis on growth theory and technological change and will explore antitrust perspectives and game theory.

Product Details

ISBN-13:	9781111823689
Publisher:	Cengage Learning
Publication date:	05/30/2012
Edition description:	New Edition
Pages:	600
Product dimensions:	7.30(w) x 9.00(h) x 0.90(d)

About the Author

Stanley L. Brue did his undergraduate work at Augustana College (S.D.) and received its Distinguished Achievement Award in 1991. He received his Ph.D. from the University of Nebraska Lincoln. He is a professor at Pacific Lutheran University where he has been honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economic education. He has served as national president and chair of the Board of Trustees of Omicron Delta Epsilon International Economics Honorary. For relaxation, he enjoys international travel, attending sporting events, and skiing with family and friends.

Table of Contents

1. Economic Growth: An Introduction to Scarcity and Choice. 2. An Introduction to Economic Systems and the Workings of the Price System. 3. Competitive Markets and Government Policy: Agriculture. 4. Efficiency in Resource Allocation: How Much Do We Have? How Much Do We Want? 5. Market Power: Does It Help or Hurt the Economy? 6. Air Pollution: Balancing Benefits and Costs. 7. Health Care: How Much? For Whom? 8. Crime and Drugs: A Modern Dilemma. 9. College Education: Is It Worth the Cost? 10. Educational Reform: The Role of Incentives and Choice. 11. Poverty: New Approaches to an Old Problem. 12. Tracking and Explaining the Macroeconomy. 13. Unemployment: The Legacy of Recession, Technological Change, and Free Choice. 14. Inflation: A Monetary Phenomenon. 15. Sustained Budget Deficits: Is This Any Way to Run a Government? 16. Social Security: Leading Issues and Approaches to Reform. 17. International Trade: Beneficial, but Controversial. 18. Financing Trade and the Trade Deficit.