Many commentators have pointed towards a downturn in the enrolment of students on economics degrees. Part of the explanation for this phenomenon is probably because business studies degrees meet students' requirements for practical understanding more closely. We suggest here that one of the...

The model of perfect competition from the perspective of an active learner. The story told about the competitive process is shown to be problematic when students try to reconstruct it for themselves. In particular it has great potential to generate cognitive dissonance. An alternative approach...

Rival firms produce products with a variety of characteristics. It is typically assumed that consumers purchase those products that most closely match their ideal set of characteristics. Orthodox production theory economics offers no analysis of how to divide limited product development budgets...

It is argued that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with current environmental problems and sustainable development. This book provides an alternative approach. Building on the strengths...