1.

Record Nr.

UNINA9910468234803321

Autore

Conrad Christian A. <1966->

Titolo

Political Economy : An Institutional and Behavioral Approach / / by Christian A. Conrad

Pubbl/distr/stampa

Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2020

ISBN

3-658-30884-2

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (XVII, 557 p. 95 illus.)

Disciplina

330

Soggetti

Economics

Industrial organization

International economic relations

International relations

Schools of economics

Industrial Organization

International Economics

International Relations

Heterodox Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Introduction -- 2. Weaknesses in Economics and Economic Education -- 3. Basics of Political Economy -- 4. Modeling the Image of Man -- 5. The Functioning of Market and Competition -- 6. Theory of Economic Systems -- 7. Market Failure -- 8. Political Failure -- 9. Competition Policy -- 10. Industrial Policy -- 11. Monetary Policy and the European Central Bank -- 12. Business Cycles Policy -- 13. International Financial Markets -- 14. Foreign Trade -- 15. Solutions to the Exercises.

Sommario/riassunto

This textbook takes a new approach to political economy: it combines the well-known non-quantitative theories with the findings of behavioral science and other disciplines such as psychology and sociology. The question of how people behave and how such behavior can be guided towards moral welfare for everyone is the focus of this book. The knowledge is first derived scientifically, then the results are presented in summaries and conclusions. Case studies provide a link to



practice. By means of exercises and behavioral games, readers can apply and deepen their acquired knowledge. Contents The functioning of market and competition Theory of economic systems Market failure and political failure Competition policy, industrial policy and business cycles policy Monetary policy and European Central Bank International financial markets and foreign trade TheAuthor Prof. Dr. Christian A. Conrad teaches Economics and Business Ethics at the University of Applied Sciences in Saarbrücken. He was previously a Senior Key Account Manager in the national and international corporate customer business of a major German bank. .