Buy QUALITATIVE ECONOMICS | Management Books
This book provides a new paradigm of economics that is
called Qualitative Economics. The authors take an approach to economics that is
entirely different from the established neo-classical economics paradigm.
Arguing that the basis of neo-classical economic theory with its focus on
perfect information in a balanced equilibrium system of supply and demand is
fundamentally flawed, the authors propose an inclusive philosophical and
scientific perspective to explain economic structures and activities and how best
to understand the dynamics of economics.
Furthermore, the authors argue that a qualitative
approach allows for greater understanding of not only the actors, actions and
situations in economics, but also defines the context in which the more
traditional quantitative and statistical methods are applied. The book
includes case studies to further illustrate the applications of qualitative
economics. Challenging orthodox paradigms and schools of economic thought,
the book proposes a new way of looking at economics, and as such will be of use
to researchers and students of economics, business, social sciences and the
sciences as well as think tanks and advocacy groups interested in heterodox
economics.