Economic Theory in Retrospect

By Mark Blaug

It is a background of monetary notion from Adam Smith to John Maynard Keynes--but it's a historical past with a distinction. to start with, it truly is background of financial thought, now not of monetary doctrines. Secondly, it comprises specific Reader's courses to 9 of the foremost texts of economics within the attempt to inspire scholars to develop into familiar firstly hand with the writings of all of the nice economists. This 5th version provides new Reader's courses to Walras' parts of natural Economics and Keynes' basic thought of Employment, curiosity and funds in addition to significant additions to the chapters on marginal productiveness concept, basic equilibrium concept and welfare economics.

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