LEADER 04178nam 22007455 450 001 9910624303803321 005 20251009103208.0 010 $a981-19-3751-6 024 7 $a10.1007/978-981-19-3751-4 035 $a(MiAaPQ)EBC7132965 035 $a(Au-PeEL)EBL7132965 035 $a(CKB)25289950100041 035 $a(DE-He213)978-981-19-3751-4 035 $a(OCoLC)1355221696 035 $a(EXLCZ)9925289950100041 100 $a20221107d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAction and Choice $eAn Introduction to Economics /$fby Walter E. Block, Ivan Jankovic 205 $a1st ed. 2022. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Springer,$d2022. 215 $a1 online resource (257 pages) 225 1 $aSpringer Texts in Business and Economics,$x2192-4341 311 08$aPrint version: Block, Walter E. Action and Choice Singapore : Springer,c2022 9789811937507 320 $aIncludes bibliographical references. 327 $aChapter 1. What is Economics? -- Chapter 2. Exchange and Demand -- Chapter 3. Determination of Prices -- Chapter 4. Capital, Interest and Production -- Chapter 5. Prices of Factors of Production -- Chapter 6. Money and the Business Cycle -- Chapter 7. Competition and Entrepreneurship -- Chapter 8. Competition and Monopoly -- Chapter 9. Theory of the Firm -- Chapter 10. Free Trade and Protectionism -- Chapter 11. Price Controls -- Chapter 12. Theories of Market Failure -- Chapter 13. Government Failure and Public Choice -- Chapter 14. Economics of Discrimination -- Chapter 15. Political Economy of Risk Management. 330 $aThis textbook is based upon a philosophical method of logical deduction from basic principles such as scarcity, individual choice and subjectivism. This textbook attempts to show that all complex phenomena of economic theory such as prices of consumer goods and factors of production, saving and consumption, interest and profit, can be explained by the same primitive psychological principles of scarcity and substitution on the margin that could be used to describe economizing Robinson Crusoe on a desert island or two cavemen catching fish or exchanging apples for oranges. This textbook distils the essence of economic science prevailing in price theory before the 1930s, which the authors? argue is superior to currently popular mainstream theory into a readable and student-friendly textbook format. This is an introductory textbook written in the tradition of Menger, Bohm-Bawerk, Mises and Hayek, instead in the tradition of Alfred Marshall and John Maynard Keynes,as almost all modern textbooks are. The authors offer a text not predicated on physics envy; on an attempt to liken economics to the physical sciences, on the basis of ?empirical evidence?, statistics and verification. . 410 0$aSpringer Texts in Business and Economics,$x2192-4341 606 $aInternational economic relations 606 $aEconomic history 606 $aSchools of economics 606 $aFinance 606 $aEconomic development 606 $aFinance, Public 606 $aInternational Economics 606 $aEconomic History 606 $aHeterodox Economics 606 $aFinancial Economics 606 $aEconomic Development, Innovation and Growth 606 $aPublic Economics 615 0$aInternational economic relations. 615 0$aEconomic history. 615 0$aSchools of economics. 615 0$aFinance. 615 0$aEconomic development. 615 0$aFinance, Public. 615 14$aInternational Economics. 615 24$aEconomic History. 615 24$aHeterodox Economics. 615 24$aFinancial Economics. 615 24$aEconomic Development, Innovation and Growth. 615 24$aPublic Economics. 676 $a330 700 $aBlock$b Walter E.$019813 702 $aJankovic$b Ivan 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910624303803321 996 $aAction and choice$93075536 997 $aUNINA