Author: Mark A. Cunningham
Publisher: Springer
ISBN: 3319106473
Category : Science
Languages : en
Pages : 401
Book Description
In this introductory text, physics concepts are introduced as a means of understanding experimental observations, not as a sequential list of facts to be memorized. The book is structured around the key scientific discoveries that led to much of our current understanding of the universe. Numerous exercises are provided that utilize Mathematica software to help students explore how the language of mathematics is used to describe physical phenomena. Topics requiring quantum mechanics for a more complete explanation are identified but not pursued. In a departure from the traditional methodology and subject matter used in introductory physics texts, this is organized in a manner that will facilitate a guided discovery style of instruction. Students will obtain much more detailed information about fewer topics and will also gain proficiency with Mathematica, a powerful tool with many potential uses in subsequent courses.
Neoclassical Physics
Author: Mark A. Cunningham
Publisher: Springer
ISBN: 3319106473
Category : Science
Languages : en
Pages : 401
Book Description
In this introductory text, physics concepts are introduced as a means of understanding experimental observations, not as a sequential list of facts to be memorized. The book is structured around the key scientific discoveries that led to much of our current understanding of the universe. Numerous exercises are provided that utilize Mathematica software to help students explore how the language of mathematics is used to describe physical phenomena. Topics requiring quantum mechanics for a more complete explanation are identified but not pursued. In a departure from the traditional methodology and subject matter used in introductory physics texts, this is organized in a manner that will facilitate a guided discovery style of instruction. Students will obtain much more detailed information about fewer topics and will also gain proficiency with Mathematica, a powerful tool with many potential uses in subsequent courses.
Publisher: Springer
ISBN: 3319106473
Category : Science
Languages : en
Pages : 401
Book Description
In this introductory text, physics concepts are introduced as a means of understanding experimental observations, not as a sequential list of facts to be memorized. The book is structured around the key scientific discoveries that led to much of our current understanding of the universe. Numerous exercises are provided that utilize Mathematica software to help students explore how the language of mathematics is used to describe physical phenomena. Topics requiring quantum mechanics for a more complete explanation are identified but not pursued. In a departure from the traditional methodology and subject matter used in introductory physics texts, this is organized in a manner that will facilitate a guided discovery style of instruction. Students will obtain much more detailed information about fewer topics and will also gain proficiency with Mathematica, a powerful tool with many potential uses in subsequent courses.
Neoclassical Microeconomic Theory
Author: A. M. Endres
Publisher: Psychology Press
ISBN: 9780415152099
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This work examines the contribution of the Austrian school to our understanding of markets as economic processes.
Publisher: Psychology Press
ISBN: 9780415152099
Category : Business & Economics
Languages : en
Pages : 296
Book Description
This work examines the contribution of the Austrian school to our understanding of markets as economic processes.
Neoclassical Finance
Author: Stephen A. Ross
Publisher: Princeton University Press
ISBN: 1400830206
Category : Business & Economics
Languages : en
Pages : 120
Book Description
Neoclassical Finance provides a concise and powerful account of the underlying principles of modern finance, drawing on a generation of theoretical and empirical advances in the field. Stephen Ross developed the no arbitrage principle, tying asset pricing to the simple proposition that there are no free lunches in financial markets, and jointly with John Cox he developed the related concept of risk-neutral pricing. In this book Ross makes a strong case that these concepts are the fundamental pillars of modern finance and, in particular, of market efficiency. In an efficient market prices reflect the information possessed by the market and, as a consequence, trading schemes using commonly available information to beat the market are doomed to fail. By stark contrast, the currently popular stance offered by behavioral finance, fueled by a number of apparent anomalies in the financial markets, regards market prices as subject to the psychological whims of investors. But without any appeal to psychology, Ross shows that neoclassical theory provides a simple and rich explanation that resolves many of the anomalies on which behavioral finance has been fixated. Based on the inaugural Princeton Lectures in Finance, sponsored by the Bendheim Center for Finance of Princeton University, this elegant book represents a major contribution to the ongoing debate on market efficiency, and serves as a useful primer on the fundamentals of finance for both scholars and practitioners.
Publisher: Princeton University Press
ISBN: 1400830206
Category : Business & Economics
Languages : en
Pages : 120
Book Description
Neoclassical Finance provides a concise and powerful account of the underlying principles of modern finance, drawing on a generation of theoretical and empirical advances in the field. Stephen Ross developed the no arbitrage principle, tying asset pricing to the simple proposition that there are no free lunches in financial markets, and jointly with John Cox he developed the related concept of risk-neutral pricing. In this book Ross makes a strong case that these concepts are the fundamental pillars of modern finance and, in particular, of market efficiency. In an efficient market prices reflect the information possessed by the market and, as a consequence, trading schemes using commonly available information to beat the market are doomed to fail. By stark contrast, the currently popular stance offered by behavioral finance, fueled by a number of apparent anomalies in the financial markets, regards market prices as subject to the psychological whims of investors. But without any appeal to psychology, Ross shows that neoclassical theory provides a simple and rich explanation that resolves many of the anomalies on which behavioral finance has been fixated. Based on the inaugural Princeton Lectures in Finance, sponsored by the Bendheim Center for Finance of Princeton University, this elegant book represents a major contribution to the ongoing debate on market efficiency, and serves as a useful primer on the fundamentals of finance for both scholars and practitioners.
The Evolution of Economies
Author: Patrick Spread
Publisher: Routledge
ISBN: 1317303318
Category : Business & Economics
Languages : en
Pages : 349
Book Description
It is clear even to casual observation that economies evolve from year to year and over centuries. Yet mainstream economic theory assumes that economies always move towards equilibrium. One consequence of this is that mainstream theory is unable to deal with economic history. The Evolution of Economies provides a clear account of how economies evolve under a process of support-bargaining and money-bargaining. Both support-bargaining and money-bargaining are situation-related - people determine their interests and actions by reference to their present circumstances. This gives the bargaining system a natural evolutionary dynamic. Societies evolve from situation to situation. Historical change follows this evolutionary course. A central chapter of the book applies the new theory in a re-evaluation of the industrial revolution in Britain, showing how specialist money-bargaining agencies, in the form of companies, evolved profitable formats and displaced landowners as the leading sources of employment and economic necessities. Companies took advantage of the evolution of technology to establish effective formats. The book also seeks to establish how it came about that a ‘mainstream’ theory was developed that is so wildly at odds with the observable features of economic history and economic exchange. Theory-making is described as a process of ‘intellectual support-bargaining’ in which theory is shaped to the interests of its makers. The work of major classical and neoclassical economists is contested as incompatible with the idea of an evolving money-bargaining system. The book reviews attempts to derive an evolutionary economic theory from Darwin’s theory of evolution by natural selection. Neoclassical economic theory has had enormous influence on the governance of societies, principally through its theoretical endorsement of the benefits of ‘free markets’. An evolutionary account of economic processes should change the basis of debate. The theory presented here will be of interest immediately to all economists, whether evolutionary, heterodox or neoclassical. It will facilitate the work of economic historians, who complain that current theory gives no guidance for their historical investigations. Beyond the confines of professional theory-making, many will find it a revelatory response to questions that have hitherto gone unanswered.
Publisher: Routledge
ISBN: 1317303318
Category : Business & Economics
Languages : en
Pages : 349
Book Description
It is clear even to casual observation that economies evolve from year to year and over centuries. Yet mainstream economic theory assumes that economies always move towards equilibrium. One consequence of this is that mainstream theory is unable to deal with economic history. The Evolution of Economies provides a clear account of how economies evolve under a process of support-bargaining and money-bargaining. Both support-bargaining and money-bargaining are situation-related - people determine their interests and actions by reference to their present circumstances. This gives the bargaining system a natural evolutionary dynamic. Societies evolve from situation to situation. Historical change follows this evolutionary course. A central chapter of the book applies the new theory in a re-evaluation of the industrial revolution in Britain, showing how specialist money-bargaining agencies, in the form of companies, evolved profitable formats and displaced landowners as the leading sources of employment and economic necessities. Companies took advantage of the evolution of technology to establish effective formats. The book also seeks to establish how it came about that a ‘mainstream’ theory was developed that is so wildly at odds with the observable features of economic history and economic exchange. Theory-making is described as a process of ‘intellectual support-bargaining’ in which theory is shaped to the interests of its makers. The work of major classical and neoclassical economists is contested as incompatible with the idea of an evolving money-bargaining system. The book reviews attempts to derive an evolutionary economic theory from Darwin’s theory of evolution by natural selection. Neoclassical economic theory has had enormous influence on the governance of societies, principally through its theoretical endorsement of the benefits of ‘free markets’. An evolutionary account of economic processes should change the basis of debate. The theory presented here will be of interest immediately to all economists, whether evolutionary, heterodox or neoclassical. It will facilitate the work of economic historians, who complain that current theory gives no guidance for their historical investigations. Beyond the confines of professional theory-making, many will find it a revelatory response to questions that have hitherto gone unanswered.
Against Mechanism
Author: Philip Mirowski
Publisher: Rowman & Littlefield Publishers
ISBN: 0742569616
Category : Business & Economics
Languages : en
Pages : 263
Book Description
'...the history of economic theory at its best.'-EASTERN ECONOMIC JOURNAL
Publisher: Rowman & Littlefield Publishers
ISBN: 0742569616
Category : Business & Economics
Languages : en
Pages : 263
Book Description
'...the history of economic theory at its best.'-EASTERN ECONOMIC JOURNAL
Energy Research Abstracts
Radical Economics
Author: Bruce Roberts
Publisher: Springer Science & Business Media
ISBN: 9401129649
Category : Business & Economics
Languages : en
Pages : 257
Book Description
Publisher: Springer Science & Business Media
ISBN: 9401129649
Category : Business & Economics
Languages : en
Pages : 257
Book Description
21st Century Economics: A Reference Handbook
Author: Rhona C. Free
Publisher: SAGE Publications
ISBN: 145226631X
Category : Business & Economics
Languages : en
Pages : 1038
Book Description
Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is a must-have reference resource. Key Features Provides highly readable summaries of theory and models in key areas of micro and macroeconomics, helpful for students trying to get a "big picture" sense of the field Includes introductions to relevant theory as well as empirical evidence, useful for readers interested in learning about economic analysis of an issue as well for students embarking on research projects Features chapters focused on cutting-edge topics with appeal for economists seeking to learn about extensions of analysis into new areas as well as new approaches Presents models in graphical format and summarizes empirical evidence in ways that do not require much background in statistics or econometrics, so as to maximize accessibility to students
Publisher: SAGE Publications
ISBN: 145226631X
Category : Business & Economics
Languages : en
Pages : 1038
Book Description
Interest in economics is at an all-time high. Among the challenges facing the nation is an economy with rapidly rising unemployment, failures of major businesses and industries, and continued dependence on oil with its wildly fluctuating price. Economists have dealt with such questions for generations, but they have taken on new meaning and significance. Tackling these questions and encompassing analysis of traditional economic theory and topics as well as those that economists have only more recently addressed, 21st Century Economics: A Reference Handbook is a must-have reference resource. Key Features Provides highly readable summaries of theory and models in key areas of micro and macroeconomics, helpful for students trying to get a "big picture" sense of the field Includes introductions to relevant theory as well as empirical evidence, useful for readers interested in learning about economic analysis of an issue as well for students embarking on research projects Features chapters focused on cutting-edge topics with appeal for economists seeking to learn about extensions of analysis into new areas as well as new approaches Presents models in graphical format and summarizes empirical evidence in ways that do not require much background in statistics or econometrics, so as to maximize accessibility to students
Contemporary Islamic Finance
Author: Karen Hunt-Ahmed
Publisher: John Wiley & Sons
ISBN: 1118240332
Category : Business & Economics
Languages : en
Pages : 400
Book Description
A comprehensive look at the innovations, applications, and best practices of Islamic finance Islamic-compliant finance is transacted in every major world financial center, and the need for information on the topic in light of its global reach has grown exponentially. As an expert in this field, author Karen Hunt-Ahmed understands the intricacies of this area of the capital markets. Now, along with the help of a number of experienced contributors, she skillfully addresses Islamic finance from the perspective of practitioners, examining issues in wealth management, contract law, private equity, asset management, and much more. Engaging and accessible, Contemporary Islamic Finance skillfully explains the practices and innovations of Islamic finance in everything from banking and real estate to private equity, asset management, and many other areas. It is intended to be the go-to resource for both Muslims as well as non-Muslims with an interest in the subject. Divided into three comprehensive parts, it will put you in a better position to understand, and excel at, this important endeavor. Introduces you to the history, legal structures, and basic financial contracts in the industry Highlights the various issues facing contemporary Islamic finance practitioners, and details their significance in the contemporary financial and cultural environment Includes case studies of United States-based transactions and related challenges and successes Filled with in-depth insights and expert advice, this detailed analysis of Contemporary Islamic Finance will help you gain a firm understanding of how effective this proven approach can be.
Publisher: John Wiley & Sons
ISBN: 1118240332
Category : Business & Economics
Languages : en
Pages : 400
Book Description
A comprehensive look at the innovations, applications, and best practices of Islamic finance Islamic-compliant finance is transacted in every major world financial center, and the need for information on the topic in light of its global reach has grown exponentially. As an expert in this field, author Karen Hunt-Ahmed understands the intricacies of this area of the capital markets. Now, along with the help of a number of experienced contributors, she skillfully addresses Islamic finance from the perspective of practitioners, examining issues in wealth management, contract law, private equity, asset management, and much more. Engaging and accessible, Contemporary Islamic Finance skillfully explains the practices and innovations of Islamic finance in everything from banking and real estate to private equity, asset management, and many other areas. It is intended to be the go-to resource for both Muslims as well as non-Muslims with an interest in the subject. Divided into three comprehensive parts, it will put you in a better position to understand, and excel at, this important endeavor. Introduces you to the history, legal structures, and basic financial contracts in the industry Highlights the various issues facing contemporary Islamic finance practitioners, and details their significance in the contemporary financial and cultural environment Includes case studies of United States-based transactions and related challenges and successes Filled with in-depth insights and expert advice, this detailed analysis of Contemporary Islamic Finance will help you gain a firm understanding of how effective this proven approach can be.
Science, Rationality, and Neoclassical Economics
Author: L. D. Keita
Publisher: University of Delaware Press
ISBN: 9780874134100
Category : Business & Economics
Languages : en
Pages : 204
Book Description
This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.
Publisher: University of Delaware Press
ISBN: 9780874134100
Category : Business & Economics
Languages : en
Pages : 204
Book Description
This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.