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Qualitative Economics - The Science of Economics (Hardcover, 1st ed. 2019)
Loot Price: R3,091
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Qualitative Economics - The Science of Economics (Hardcover, 1st ed. 2019)
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This book provides a new paradigm of economics that is called
Qualitative Economics. The authors take an approach to economics
that is entirely different from the established neo-classical
economics paradigm. Arguing that the basis of neo-classical
economic theory with its focus on perfect information in a balanced
equilibrium system of supply and demand is fundamentally flawed,
the authors propose an inclusive philosophical and scientific
perspective to explain economic structures and activities and how
best to understand the dynamics of economics. Furthermore, the
authors argue that a qualitative approach allows for greater
understanding of not only the actors, actions and situations in
economics, but also defines the context in which the more
traditional quantitative and statistical methods are applied. The
book includes case studies to further illustrate the applications
of qualitative economics. Challenging orthodox paradigms and
schools of economic thought, the book proposes a new way of looking
at economics, and as such will be of use to researchers and
students of economics, business, social sciences and the sciences
as well as think tanks and advocacy groups interested in heterodox
economics.
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