Principles of Complexity Economics
ISBN:
978-3-03-151435-7
Auflage:
2024
Verlag:
Springer, Springer International Publishing
Land des Verlags:
CH
Erscheinungsdatum:
06.08.2024
Reihe:
Classroom Companion: Economics
Format:
Hardcover
Seitenanzahl:
743
Lieferung in 5-10 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
This textbook serves as an introduction to the rising field of complexity economics. In thirteen chapters, it provides a comprehensive and systematic overview of the concepts and methods of complexity economics and their applications to economic issues. The book explains that the complexity approach is not just another method, but a worldview that is different from the one of academics with neoclassical training. By contrasting complexity economics with neoclassical economics, the readers are induced to reflect on their own unconscious beliefs about the economic world and develop their own approach to dealing with the pervasive complexities and uncertainties of reality. The first five chapters serve as an introduction and overview. Chapters 6 - 12 present the core concepts of the book. Each of the seven chapters introduces a key concept of complexity and provides applications to economics topics. The final chapter discusses the implications of complexity thinking for economic policy and for the future development of economics.
This textbook addresses advanced undergraduate students and graduate students of economics, interested in a better understanding of the concepts and the way of thinking in complexity economics, as well as in acquiring a sound technical foundation to understand most of the research literature.
This textbook addresses advanced undergraduate students and graduate students of economics, interested in a better understanding of the concepts and the way of thinking in complexity economics, as well as in acquiring a sound technical foundation to understand most of the research literature.
Schlagwörter
Nonlinearity
Emergence
Complexity thinking
W. Brian Arthur
Macro time series
Macro regularities
System dynamics models
Diversity and variation
Fundamental uncertainty
Networks and connectedness
Principles of policy analysis
Methods of complexity economics
Political system and the economy
Boulding’s hierarchy of complexity
Formation and the collapse of order and structure in the economy
Biografische Anmerkung
Michael Roos is a Full Professor of Macroeconomics at the Ruhr-Universität Bochum, Germany. Additionally From 2018 - 2023, Roos served as the Dean of the Faculty of Management and Economics at the Ruhr-Universität. Previously, he was a Lecturer in Economics at the University of East Anglia, Norwich, United Kingdom. His research interest covers a broad range of topics related to the analysis of complex systems and the transition of economies towards more sustainability. In particular, his research focuses on climate change and the transformation of the mobility system and the energy system. He also has a strong interest in the philosophy of science and ethics and advocates more pluralism in economics.