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Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well.
The book covers all the main economic concepts and addresses in detail three main areas:
• consumption and choice
• production and markets
• government and the State.
Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.
A text for undergraduates and general readers that attempts to make introductory economics more interesting and accessible. Varoufakis (economics, U. of Sydney) discusses free will and economic theory, consumption choices, production, markets, the good society, the relevance of economic theory to the real world, and economics courses as indoctrination. The text is peppered with numerous boxed quotations and anecdotes taken from a wide variety of sources, all intended to spice up the material. Annotation c. by Book News, Inc., Portland, Or.
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