Titlebook: Economics for Lovers of Literature; Geraint Johnes Book 2023 The Editor(s) (if applicable) and The Author(s), under exclusive license to S

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https://doi.org/10.1007/978-981-19-0015-0Beginning which a quote from Wilde, this chapter examines situations in which economic agents systematically behave in ways that a rational agent would not. This introduces into the analysis considerations of how psychology might be taken into account.

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Plant GMOs: Agricultural ApplicationsBeginning with a quote from Thackeray, this chapter examines the role played by the interest rate in determining the aggregate level of economic activity.

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Biotech Innovations and Fundamental RightsBeginning with a quote from Barrie, this chapter combines fiscal and monetary policies with insights about unemployment and inflation, placing the analysis in a dynamic setting. It thus introduces, in simple terms, the structure of DSGE models used in contemporary economics to analyse the macroeconomy.

MAL

https://doi.org/10.1007/978-981-99-8874-7Beginning with a quote from Trollope, this chapter examines the sources of long-term economic growth.

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,Demand and Supply—The Price of Oysters,Beginning with a quote from Joyce, this chapter examines the role played by demand and supply in determining prices.