{"product_id":"a-new-principles-of-economics-the-science-of-markets-paperback","title":"A New Principles of Economics: The Science of Markets - Paperback","description":"\u003cp\u003eby \u003cb\u003eCarsten Herrmann-Pillath\u003c\/b\u003e (Author), \u003cb\u003eChristian Hederer\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eDespite the dynamic development of the discipline of economics, the ways in which economics is taught and how it defines its basic principles have hardly changed, resulting in economics being criticised for its inability to provide relevant insights on global challenges. In response, this book defines new principles of economics and seeks to establish economics as the science of markets. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eA New Principles of Economics\u003c\/i\u003e provides an alternative conceptual framework for the study of economics, integrating recent developments and research in both economics and neighbouring social sciences. Adopting the structure of a standard principles text, it separates the study of markets as mechanisms and markets in their wider contexts. In doing so, a number of new perspectives are introduced, including approaching the economy as part and parcel of the Earth system; directly connecting the analysis of production with an analysis of technology and thermodynamic principles; explicitly treating markets as forms of social networks mediated by the institution of money; and reinstating the central role of distribution in political economy analysis. \u003c\/p\u003e\u003cp\u003eDrawing on the latest theories and research on the economy, and including both the natural and social sciences, this text provides a holistic introduction suitable for postgraduates and other advanced students.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCarsten Herrmann-Pillath\u003c\/strong\u003e is Professor of Economics and Permanent Fellow at the Max Weber Centre for Advanced Cultural and Social Studies, University of Erfurt, Germany.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eChristian Hederer\u003c\/b\u003e is Professor of Economics and International Economic Policy at the Technical University of Applied Sciences Wildau, Germany.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 506\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.05 x 9.21 x 6.14 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e December 30, 2022\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51809764999456,"sku":"9780367557195","price":124.72,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/c0d9e7f3da8f02a3f4ef509232c7d0ee.webp?v=1780979473","url":"https:\/\/ebocreations.com\/products\/a-new-principles-of-economics-the-science-of-markets-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}