£120.02

Routledge Economic Theory for the Real World - Business Book

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Description

Following the Great Financial Crisis, traditional neoclassical economic theory faced intense criticism for failing to explain massive global shifts. This book from the Routledge Frontiers of Political Economy series addresses these gaps by examining how new strands of economic thought are emerging to better understand the modern economy. Instead of relying on outdated models, this text explores approaches that are better suited to the complexities of today's financial landscape. It provides a clear explanation of the "real world" approach to economics, where theoretical models are designed to closely resemble actual economic conditions and behaviors. Readers will gain insight into the key tenets and practical applications of these evolving economic perspectives. This is an essential resource for those studying business and economic history who want to understand how contemporary theory is moving beyond old-fashioned methods to provide more accurate explanations of global economic events.

Key Features

Explores new economic thought developed to replace outdated neoclassical models after the Great Financial Crisis.

Provides a detailed explanation of the "real world" approach where theoretical models resemble actual economic conditions.

Examines the key tenets and practical applications of emerging economic theories in a modern context.

Offers a deep look into how new strands of thought better understand the complexities of the real-world economy.

Part of the Routledge Frontiers of Political Economy series for academic and professional study.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
03 November 2023
Listed Since
27 May 2023

Barcode

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