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Titlebook: Current Developments in Economics; Stephen C. R. Munday Textbook 1996Latest edition Stephen C. R. Munday 1996 business cycle.economic theo

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Economic Methodology or How To Do Economicsstudent of economics the question ‘How do you do economics?’ and the reply may be far less confident, if indeed the question is understood at all. It is to that second question that this chapter addresses itself by considering what is meant by economic methodology.
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Game Theory and Its Usesbehaviour. It is the purpose of this chapter to introduce some of the important aspects of this theory of games and to review some of the possible applications of the theory. The theory has usually been applied within the area of firms’ behaviour, but the chapter will demonstrate that there may be many other valid applications of the approach.
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Privatisationh debates, the economics of the issue is frequently left trailing in the wake of the political furore that the issue creates. The purpose of this chapter is to examine the relevant economic theories and to consider what they appear to suggest regarding privatisation both in theory and how it has been implemented in the United Kingdom.
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Economic Theory and the Environment is the purpose of this chapter to demonstrate that the essence of the problem is an economic one, and in light of that to consider what might be appropriate policies to deal with environmental problems in general and to consider two particular case studies.
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Exchange Rates and Economic and Monetary Unionof a single currency for member states. A whole host of motivations and values gives rise to these differing opinions. The purpose of this chapter, as elsewhere in this book, is to look at the appropriate economic theory and to consider how that may help to inform the debate.
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user friendly style. The author covers important areas like economic methodology and economic thought and topics that have attracted substantial interest in recent years, including game theory, the environment and economic growth. This text is sure to become essential reading on introductory courses in economics.
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Anisha Thaker,Mary Ottolini,Shilpa J. Patelcal development of economic ideas could not be of benefit to a contemporary study of economics. The purpose of this chapter is to give a brief overview of the history of economic thought. The belief is that through this, all the other topics considered later on will be better understood and appreciated.
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