978-0-393-02973-4 / 9780393029734

World of Economics


Publisher:W W Norton & Co Inc



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About the book:

What are the central questions of economics? How do economists tackle them? How does economics explain everyday events? "The World of Economics" answers these questions in 100 essays, written by the world's leading economists and selected from "The New Palgrave - A Dictionary of Economics". It guides the reader through the key subjects - such as markets, money and welfare - and shows how economists deal with issues ranging from trade to monopoly, and from family to taxation. Written in non-technical language, the essays illustrate much of the development, scope and character of economics, from its foundations in Adam Smith to present-day controversies. This is an introduction to economic thought - and to how economists view the world.

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