This book employs a computable general equilibrium (CGE) model - a widely used economic model which uses actual data to provide economic analysis and policy assessment - and applies it to economic data on Singapore’s tourism industry. The authors set out to demonstrate how a novice modeller...

1. Patents and Economics -- 2. Logic, Politics and Economics: a brief history of political economy -- 3. Statistical Sophistry -- 4. A Critical Assessment of Different Schools of Economic Thought -- 5. A New Theory on Business Cycle and Economic Growth -- 6. A New Patent System to Usher In an...