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 for readers interested in learning about economic analysis of an issue as well for students embarking on research projectsFeatures chapters focused on cutting-edge topics with appeal for economists seeking to learn about extensions of analysis into new areas as well as new approaches Presents models in graphical format and summarizes empirical evidence in ways that do not require much background in statistics or econometrics, so as to maximize accessibility to students.
Economic History
Economic History
Economic history is the series of social arrangements and physical processes by which human societies produced the material conditions of human life since the emergence of the human species. The discipline of economic history is the study of this series of arrangements and processes, although much of the discipline is devoted to the study of the development of modern economic growth. The reason for this is that modern economic growth brought with it sustained and accumulating increases in the per capita wealth of human societies. Before modern economic growth, any improvement in productivity led to an increase in the population, not an increase in the standard of living.
In this chapter, human economic history will be examined through the lens of the discipline ...
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