Economic theory is always controversial. Policy proposals to manage, organise or regulate economic activity invariably advantage some people to the detriment of others. To be 'economically literate' is to be able to compare alternative policy prescriptions to make explicit the theoretical logic which justifies such differential advantage.
Understanding Economics is unique in analysing a comprehensive spectrum of economic theory, highlighting the ideological and political dimension which gives theoretical interpretations relevance and significance. The original style and format allows the reader to readily identify significant theoretical differences, allowing alternative understandings to be compared and contrasted.
- ISBN10 0745308937
- ISBN13 9780745308937
- Publish Date 20 April 1995
- Publish Status Out of Stock
- Out of Print 30 August 2023
- Publish Country GB
- Imprint Pluto Press
- Format Paperback (UK Trade)
- Pages 208
- Language English