The primary purpose of this book is to present some of the key economic concepts that have guided economic thinking in the last century and to identify which of these concepts will continue to direct economic thought in the coming decades. This book is written in an accessible manner and is intended for a wide audience with little or no formal training in economics. It should also interest economists who want to reflect on the direction of the discipline and to learn concepts and achievements in other subfields. The author imparts his enthusiasm for the economic way of reasoning and its wide applicability. Through the abundant use of illustrations and examples, the author makes concepts understandable and relevant. Topics covered include game theory, the new institutional economics, market failures, asymmetric information, endogenous growth theory, general equilibrium, rational expectations, and others.

This book accessibly surveys the conceptual advances in economics for a broad social sciences audience.
Reviews
"Sandler provides a technical yet readable guide for noneconomists, although the stylized stories receive more space than the real world applications.... Sandler's approach is balanced, including a less-than-optimistic appraisal of the future impact of economic theory in which he specializes." Choice



Book Information
ISBN 9780521796774
Author Todd Sandler
Format Paperback
Page Count 300
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 413g
Dimensions(mm) 229mm * 153mm * 18mm