Development of Economic AnalysisSixth Edition
Development of Economic Analysis has been instrumental in introducing a generation of students to the history of economic thought. Beginning with the ancients, Ingrid Hahne Rima charts the development of economics from its establishment as an analytical discipline in the eighteenth century, through the classicism of Ricardo and Malthus, the socialism of Marx, and the explicitly scientific approaches of Walras and Marshall.
The later chapters exhibit the influence of these various traditions in the twentieth century: primarily the theories of Keynes, but also the thinking of institutionalists, the Chicago School and the emergence of econometrics.
Rima is unapologetic in her insistence that studying the history of economic thought matters and that economics is a discipline of competing paradigms. This edition has been fully revised and updated and includes:
• chronologies of the key dates in the development of economics
• the inclusion of extracts from original texts
• a clear examination of how the study of the history of economic thought impinges upon modern thinking
This classic, comprehensive and accessible text boasts a host of features, including charts, questions, and a glossary of key terms. It will prove to be an invaluable guide to students seeking to understand the development of economic analysis.
Ingrid Hahne Rima is Professor of Economics at Temple University, Pennsylvania