Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a criti

Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a criti

Economics is dominated by model building, therefore a comprehension of how such models work is vital to understanding the discipline. This book provides a criti

This book explains and assesses the ways in which micro, welfare and benefit-cost economists view the world of public policy. In general terms, microeconomic co

During the last two centuries, the way economic science is done has changed radically: it has become a social science based on mathematical models in place of w