Titlebook: Current Developments in Economics; Stephen C. R. Munday Textbook 1996Latest edition Stephen C. R. Munday 1996 business cycle.economic theo

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A Brief History of Economic Thoughtitage. Most economics courses give little or no role to the history of economic thought. Standard textbooks do not give chapters to the topic. The message appears to be that it is unimportant. This is intriguing if not indeed disconcerting. It is hard to see how having an appreciation of the histori

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Microeconomics and Macroeconomics tackle a particular subject is to have to take on the whole of it at once. It makes study far more accessible and easier to organise if there are subdivisions within a subject that allow it to be tackled one part at a time. This helps to explain the logic of the division of economics into microecon

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Unemployment, Inflation and the Phillips Curverements that can be taken, but the rate of unemployment and the rate of inflation are certainly two of them. Economists and governments may debate much over the appropriate economic policies required for any country, but there is little or no dissension about the fact that low rates of unemployment

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