Understanding Economics

Understanding Economics

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Economic theory is always controversial. Policy proposals to manage, organise or regulate economic activity invariably advantage some people to the detriment of others. To be 'economically literate' is to be able to compare alternative policy prescriptions to make explicit the theoretical logic which justifies such differential advantage. Understanding Economics is unique in analysing a comprehensive spectrum of economic theory, highlighting the ideological and political dimension which gives theoretical interpretations relevance and significance. The original style and format allows the reader to readily identify significant theoretical differences, allowing alternative understandings to be compared and contrasted.show more

Product details

  • Paperback | 208 pages
  • 152 x 200 x 16mm | 299.37g
  • London, United Kingdom
  • English
  • line drawings
  • 0745308937
  • 9780745308937

Table of contents

Arguments Compared Consumer/Producer/Citizen as Economic Dynamic Economic Behaviour & Human Motivation Complexity of Elementary Conceptsshow more

Review quote

'I have no hesitation in recommending it for its original style and format ... Students and lecturers alike will find it both amusing and informative' -- Capital & Class 'This is an economics book with a difference. It is highly distilled logic. Students at all first degree levels can gain an enormous amount from this book. Even the most dedicated proponent of economic orthodoxy will find value in its ability to present mainstream arguments clearly and concisely' -- Times Higher Education Supplementshow more

About Ken Cole

Ken Cole teaches economics at the School of Development Studies University of East Anglia. He is the author (with J Cameron and C Edwards) of Why Economists Disagree (Longman, 1991) and has contributed to a number of journals and discussion papers in the field.show more