Publisher's Synopsis
What are the central questions of economics? How do economists tackle them? How does economics explain everyday events?;"The World of Economics" answers these questions in 100 essays, written by the world's leading economists and selected from "The New Palgrave - A Dictionary of Economics". It guides the reader through the key subjects - such as markets, money and welfare - and shows how economists deal with issues ranging from trade to monopoly, and from family to taxation.;Written in non-technical language, the essays illustrate much of the development, scope and character of economics, from its foundations in Adam Smith to present-day controversies.;This is an introduction to economic thought - and to how economists view the world.
