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Book Title: Understanding Capitalism: Competition, Command, and Change

Narrative Type: Nonfiction

Intended Audience: Adult

Inscribed: NO

ISBN: 9780195138658

Über dieses Produkt

Product Identifiers

Publisher

Oxford University Press, Incorporated

ISBN-10

0195138651

ISBN-13

9780195138658

eBay Product ID (ePID)

30764439

Product Key Features

Number of Pages

608 Pages

Language

English

Publication Name

Understanding Capitalism : Competition, Command, and Change

Subject

Economic Conditions, Economics / General

Publication Year

2005

Features

Revised

Type

Textbook

Subject Area

Business & Economics

Author

Samuel Bowles, Frank Roosevelt, Richard Edwards

Format

Trade Paperback

Dimensions

Item Height

1.3 in

Item Weight

35.6 Oz

Item Length

7.3 in

Item Width

9 in

Additional Product Features

Edition Number

Intended Audience

College Audience

LCCN

2004-024955

Dewey Edition

Illustrated

Yes

Dewey Decimal

330.12/2

Edition Description

Revised edition

Synopsis

The third edition of Understanding Capitalism: Competition, Command, and Change is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The "three-dimensional approach" of the text focuses on competition in markets; command in firms, governments, and international relations; and change as a permanent feature of a capitalist economy driven by technical innovation and conflict over the distribution of income.The book covers the standard topics of supply and demand, market competition, imperfect competition, aggregate demand, inflation, and unemployment. It emphasizes the extraordinary dynamism and material productivity of the capitalist economy; the psychological foundations of human behavior; the logic and limitations of Adam Smith's invisible hand; technical change and the new information-based economy; global economic integration and its impact on national economies; the impact of economic activity on the environment; and inequality both within and among nations. In addition, it provides a critical evaluation of the tenets of neoclassical economics, a clear introduction to contract theory, and material drawn from new research in behavioral, institutional, and information economics.Understanding Capitalism, Third Edition, is ideal for undergraduate courses in economics and political economy. An Instructor's Manual is available to adopters.FEATURES OF THE THIRD EDITIONBLOffers a new chapter on the behavioral foundations of economics, showing that the selfishness of the "economic man" leaves out the important role of other social motives and how individual tastes and values evolve in response to experiencesBLIncludes a new chapter that examines how economic success (and poverty) are passed on from parents to children and also looks at the increasing inequality of income and wealth along lines of race and genderBLPresents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuriesBLProvides boxed treatments of issues that can serve as the basis of classroom discussionsBLDefines important terms in the margins throughout the textBLContains a section entitled "Sources of Economic Information" that helps readers locate relevant outside data, both in print and online, Understanding Capitalism: Competition, Command, and Change, Third Edition, is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The "three-dimensional approach" of the text focuses on competition in markets; command in firms, governments, and international relations; and change as a permanent feature of a capitalist economy driven by technical innovation and conflict over the distribution of income. The book covers the standard topics of supply and demand, market competition, imperfect competition, aggregate demand, inflation, and unemployment. It emphasizes the extraordinary dynamism and material productivity of the capitalist economy; the psychological foundations of human behavior; the logic and limitations of Adam Smith's invisible hand; technical change and the new information-based economy; global economic integration and its impact on national economies; the impact of economic activity on the environment; and inequality both within and among nations. In addition, it provides a critical evaluation of the tenets of neoclassical economics, a clear introduction to contract theory, and material drawn from new research in behavioral, institutional, and information economics. Understanding Capitalism , Third Edition, is ideal for undergraduate courses in economics and political economy. An Instructor's Manual is available to adopters. FEATURES OF THE THIRD EDITION -Offers a new chapter on the behavioral foundations of economics, showing that the selfishness of the "economic man" leaves out the important role of other social motives and how individual tastes and values evolve in response to experiences -Includes a new chapter that examines how economic success (and poverty) are passed on from parents to children and also looks at the increasing inequality of income and wealth along lines of race and gender -Presents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuries -Provides boxed treatments of issues that can serve as the basis of classroom discussions -Defines important terms in the margins throughout the text -Contains a section entitled "Sources of Economic Information" that helps readers locate relevant outside data, both in print and online, Understanding Capitalism: Competition, Command, and Change, Third Edition, is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The "three-dimensional approach" of the text focuses on competition in markets; command in firms, governments, and international relations; and change as a permanent feature of a capitalist economy driven by technical innovation and conflict over the distribution of income. The book covers the standard topics of supply and demand, market competition, imperfect competition, aggregate demand, inflation, and unemployment. It emphasizes the extraordinary dynamism and material productivity of the capitalist economy; the psychological foundations of human behavior; the logic and limitations of Adam Smith's invisible hand; technical change and the new information-based economy; global economic integration and its impact on national economies; the impact of economic activity on the environment; and inequality both within and among nations. In addition, it provides a critical evaluation of the tenets of neoclassical economics, a clear introduction to contract theory, and material drawn from new research in behavioral, institutional, and information economics. Understanding Capitalism , Third Edition, is ideal for undergraduate courses in economics and political economy. An Instructor's Manual is available to adopters. FEATURES OF THE THIRD EDITION BLOffers a new chapter on the behavioral foundations of economics, showing that the selfishness of the "economic man" leaves out the important role of other social motives and how individual tastes and values evolve in response to experiences BLIncludes a new chapter that examines how economic success (and poverty) are passed on from parents to children and also looks at the increasing inequality of income and wealth along lines of race and gender BLPresents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuries BLProvides boxed treatments of issues that can serve as the basis of classroom discussions BLDefines important terms in the margins throughout the text BLContains a section entitled "Sources of Economic Information" that helps readers locate relevant outside data, both in print and online, Understanding Capitalism: Competition, Command, and Change, Third Edition, is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The third edition features two new chapters, one on the behavioral foundations of economics and another on how economic success (and poverty) are passed on from parents to children. It also presents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuries., Understanding Capitalism: Competition, Command, and Change, Third Edition, is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The "three-dimensional approach" of the text focuses on competition in markets; command in firms, governments, and international relations; andchange as a permanent feature of a capitalist economy driven by technical innovation and conflict over the distribution of income.The book covers the standard topics of supply and demand, market competition,imperfect competition, aggregate demand, inflation, and unemployment. It emphasizes the extraordinary dynamism and material productivity of the capitalist economy; the psychological foundations of human behavior; the logic and limitations of Adam Smith's invisible hand; technical change and the new information-based economy; global economic integration and its impact on national economies; the impact of economic activity on the environment; and inequality both within and among nations. Inaddition, it provides a critical evaluation of the tenets of neoclassical economics, a clear introduction to contract theory, and material drawn from new research in behavioral, institutional, andinformation economics.Understanding Capitalism, Third Edition, is ideal for undergraduate courses in economics and political economy. An Instructor's Manual is available to adopters.FEATURES OF THE THIRD EDITIONBLOffers a new chapter on the behavioral foundations of economics, showing that the selfishness of the "economic man" leaves out the important role of other social motives and how individualtastes and values evolve in response to experiencesBLIncludes a new chapter that examines how economic success (and poverty) are passed on from parents to children and also looks at the increasing inequality of income andwealth along lines of race and genderBLPresents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuriesBLProvides boxed treatments of issues that can serve as the basis of classroom discussionsBLDefines important terms in the margins throughout the textBLContains a section entitled "Sources of Economic Information" that helps readers locate relevant outside data,both in print and online

LC Classification Number

HB171.5.B6937 2005

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