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Foundations of Economics: A Beginner's Companion

by Yanis Varoufakis

PUBLISHED: 30th June 1998
ISBN: 9780415178921
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PUBLISHED: 30th June 1998
ISBN: 9780415178921

Annotation

Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. The book covers all the main economic concepts and addresses in detail three main areas:

  • consumption and choice
  • production and markets
  • government and the State.
Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

Publisher Description

Introductory economics is often thought of as dull and unappetising. Beginners need inspiration and help. Foundations of Economics breathes new life into an often-times dry discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. The book covers all the main economic concepts and addresses in detail three main areas: consumption and choice production and markets government and the State. Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

Author Biography

Varoufakis is of the University of Sydney.

Table of Contents

Part 1 Foundations: consumption choices; review - textbooks on consumer and choice theory; history of textbook models - the roots of utility maximization; critique - do we maximize utility (even subconsciously)? - should we? Part 2 Production and markets: review - textbooks on firms, production and markets; history of textbook models - the intellectual road to perfect competition; critique - is the textbook's theory of production good economics, good politics, both or neither? Part 3 Markets, the state and the good society: review - textbooks on markets and social well-being; history of textbook models - the concept of a legitimate state in economics - origins, the dead-end and two escape routes; critique - can a capitalist society be good? Part 4 Does economic theory matter?: the curse of economics.

Product Details

Author
Yanis Varoufakis
Short Title
FOUNDATIONS OF ECONOMICS
Pages
424
Publisher
Routledge
Language
English
ISBN-10
0415178924
ISBN-13
9780415178921
Media
Book
Format
Paperback
Year
1998
Publication Date
1998-06-30
Subtitle
A Beginner's Companion
Country of Publication
United Kingdom
Illustrations
figures, further reading
Edition
1st
Residence
AT
Audience
College/Higher Education