Current Developments in Economics

It is a great frustration for students of economics that the most topical and innovative areas are often beyond their reach and not featured in the basic economics textbooks. Current Developments in Economics is a new text that concentrates on these important and interesting developments rather than covering the areas of economic theory that are commonplace elsewhere. Key topics at the cutting edge of economics, such as new trade theory, new theories of economic growth, the basis of game theory, contestable markets, new theories of unemployment and economic theories of politics, are all fully explained and discussed in an accessible and user-friendly style. In addition, the author covers issues such as the methodology of economics and the history of economic thought.