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MACMILLAN Shaking the Invisible Hand: Complexity & Macroeconomics

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Description

Explore how economies function as complex systems with this groundbreaking macroeconomic analysis by Palgrave Macmillan. The book develops a unique dynamic nonequilibrium process analysis that challenges traditional economic thinking, introducing readers to complex systems theory, chaos theory, and unit roots. It examines the critical role contingency plays in shaping economic behaviour and outcomes. Designed for economists, policy makers, and students seeking to understand modern economic dynamics beyond equilibrium models, this work provides essential frameworks for analysing real-world economic phenomena and their interconnected complexities.

Key Features

Shaking the Invisible Hand presents a nonequilibrium process analysis framework for understanding macroeconomics beyond traditional equilibrium assumptions.

The book introduces complex systems theory and chaos theory as lenses for understanding economic behaviour and market dynamics.

Explores the importance of contingency in economics, demonstrating how small variations lead to significantly different economic outcomes.

Palgrave Macmillan's analysis incorporates unit roots methodology for rigorous examination of economic time series and trends.

Suitable for economists, academics, and policy professionals seeking advanced theoretical foundations in modern macroeconomic thinking.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
04 April 2006
Listed Since
27 May 2016

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No barcode data available

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