Understanding Business: Markets: A Multidimensional Approach to the Market Economy

by VivekSuneja (Editor)

• Used

  Paperback
  2000

  $14.59

  How do markets work? This reader introduces the student to the workings of the market, explaining both the reasons for its success and its shortcomings. Throughout, the text encourages a critical approach demonstrating the diversity of market economies. In particular it explores:

  • the social nature of market economies
  • the range of approaches to the study of the market: Marxist, Austrian, Keynesian and institutional economics are discussed as alternatives to the neo-classical mainstream
  • the differences between Anglo-American, European and Asian economic models
  • the historical development of markets
  • globalisation: its extent and its impact
  • the costs and the benefits of markets

  With chapters by Will Hutton, John Gray and Eric Hobsbawm, this reader provides an excellent introduction.