While neo-classical analysis works well for studying impersonal exchange in markets, it fails to explain why people conduct themselves the way they do in their personal relationships with family, neighbors, and friends. In Humanomics, Nobel Prize-winning economist Vernon L. Smith and his...

1. Introduction to economics for business -- 2. Quantitative analysis for economists -- 3. How markets work -- 4. Costs and revenues -- 5. Different types of market structures -- 6. Business strategy in an economic context -- 7. Government regulation and competition -- 8. The wider role of...

1. On the changing role of prices in transformational growth : rethinking Solow and Kaldor / Edward J. Nell -- 2. On the dismal state of a dismal what? / Heinz D. Kurz -- 3. Alfred Marshall : father of modern economics / Nobuhiro Ito -- 4. Keynes, the dynamic stochastic general equilibrium...