Given that there is no shortage of economic theories while economic problems are growing periodically, Conceptual Economics boldly attempts to initiate a new approach by employing conceptual and intuitive tools to examine the intra-relationship between microeconomics and macroeconomics as well as the inter-relationship between economic analysis and other social science studies, especially the relationship with political science. The few intuitive ideas include the separation between ex-ante situations and ex-post outcomes, the difference between endowment differences and unequal outcomes, and the role of economics as a vehicle in the delivery of numerous social and political activities. The discussion extends to cover an analysis on human values and concludes with a recommendation on the functionality of civic capitalism. With intuition and analytical reasoning within economics and with other social sciences, Conceptual Economics can become a new branch in economic study where scholars, analysts and intellectuals could 'think outside the box' by liaising a wider economic perspective and/or amalgamating non-economic aspects into their analysis. This shall provide a new dimension to solving human economic problems and possibly area of intellectuality.
| ISBN-13: | 9789811222184 |
| ISBN-10: | 9811222185 |
| Publisher: | World Scientific |
| Publication date: | 2020-12 |
| Pages: | 308 |
| Product dimensions: | Height: 9 Inches, Length: 6 Inches, Weight: 1.28 Pounds, Width: 0.75 Inches |
| Author: | Kui Wai Li |
| Language: | en |
| Binding: | Hardcover |
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