Awards
- Winner of 2015 Outstanding Academic Title 2016
- Winner of 2015 Outstanding Academic Title 2016 (United States)
Overview
Presents the empirical data of business cycles and the theories that economists have developed to explain and prevent them, and considers case studies of recessions and depressions in the United States and internationally. Despite more than two centuries of debate, a definitive explanation of the causes of economic cycles still does not exist. Economists, politicians, and policymakers have argued many well-known theories as to why these peaks and slumps occur, and cyclical recessions and depressions continue in spite of the enormous intellectual reserves working to prevent them. This timely analysis presents a comprehensive overview of global economics, assessing older theories alongside of new ways of thinking to reveal the empirical methods needed to evaluate, forecast, and prevent future crises. Educator and economist Todd Knoop provides explanations of influential macroeconomic theories that have shaped modern economics, such as Keynesian economics, Neoclassical economics, Austrian economics, and New Keynesian economics. In addition, he considers case studies of specific recessions and depressions, beginning with the Great Depression through the East Asian crisis and Great Recession in Japan and culminating with a detailed examination of the European debt crisis and the 2008 global financial crisis. The work concludes with a look at the insights gained from these fiscal events as well as the major questions that still remain unanswered as a result of these crises.
Full Product Details
Author: Todd A. Knoop
Publisher: Bloomsbury Publishing Plc
Imprint: Praeger Publishers Inc
Dimensions:
Width: 15.60cm
, Height: 3.30cm
, Length: 23.50cm
Weight: 0.879kg
ISBN: 9781440831744
ISBN 10: 1440831742
Pages: 416
Publication Date: 17 February 2015
Recommended Age: From 7 to 17 years
Audience:
College/higher education
,
Professional and scholarly
,
Tertiary & Higher Education
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Reviews
There is much to like about this latest book by Knoop (Cornell College, Iowa). It is probably the most comprehensive, thorough, and balanced treatment of a topic that has been hotly debated in the discipline since William Stanley Jevons proposed the sunspot theory in the 1880s. The author delivers on his promise to write a non-technical narrative that is accessible to non-specialist readers. . . . This book will stir students' curiosity and encourage their research. Summing Up: Highly recommended. Upper-division undergraduates through researchers and faculty. - Choice
There is much to like about this latest book by Knoop (Cornell College, Iowa). It is probably the most comprehensive, thorough, and balanced treatment of a topic that has been hotly debated in the discipline since William Stanley Jevons proposed the sunspot theory in the 1880s. The author delivers on his promise to write a non-technical narrative that is accessible to non-specialist readers... This book will stir students' curiosity and encourage their research. Summing Up: Highly recommended. Upper-division undergraduates through researchers and faculty. - Choice
Author Information
Todd A. Knoop, PhD, is professor of economics and business at Cornell College, Mount Vernon, IA.
