Economic Theory in Retrospect. Book Summary

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Mark Blaug

What’s inside

A critical evaluation of economic theories through history, from Adam Smith to John Maynard Keynes, encompassing their historical context.

You’ll Learn

  • Understanding the progression of economic theory
  • Appreciating historical economic contexts
  • Analyzing strengths and weaknesses of economic doctrines
  • Examining the impact of economic ideas on policy

Key Points

  • Evolution of Economic Thought
  • Classical Economists: Adam Smith
  • Marxist Economics
  • Marginalist Revolution
  • Keynesian Economics
  • Critical Appraisal of Economic Theories

Who’s it For

  • Economics students
  • Academics in Economics
  • Economic theory enthusiasts
  • Historians of Economic Thought

About the author

Mark Blaug was a renowned economist known for his work on the history of economic thought and the methodology of economics.