• Summary
  • Contents
  • Subject index

Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Economists have dealt with such questions for generations, but they have taken on new meaning and significance.Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is a must-have reference resource.Key FeaturesProvides highly readable summaries of theory and models in key areas of micro and macroeconomics, helpful for students trying to get a "big picture" sense of the fieldIncludes introductions to relevant theory as well as empirical evidence, useful ...

Game Theory
Game theory

Game theory, within the discipline of economics, has perhaps been the most discussed field in the past half century—it has revolutionized the study of economics, inspired hit films, and crept into the popular awareness. The success story of game theory as a research area can easily be found in the advancement of field-specific journals and the many Nobel Prizes awarded to game theorists within the past two decades.

As it offers powerful tools for understanding strategic interactions, game theory is being increasingly applied not just within economics (such as industrial organization, political economy, international trade, environmental economics) but also in other subject areas, such as politics, sociology, law, biology, and computer science. It is not surprising that game theory has gained enormous popularity ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles