Business Cycle Economics: Understanding Recessions and Depressions from Boom to Bust

Despite more than two centuries of debate, a definitive explanation of the causes of economic cycles still...
¥27,987 JPY
¥27,987 JPY
SKU: 9781440831744
Product Type: Books
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Author: Todd A. Knoop
Format: Hardcover
Language: English
Subtotal: ¥27,987
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Business Cycle Economics: Understanding Recessions and Depressions from Boom to Bust by Knoop, Todd A.

Business Cycle Economics: Understanding Recessions and Depressions from Boom to Bust

¥27,987

Business Cycle Economics: Understanding Recessions and Depressions from Boom to Bust

¥27,987
Author: Todd A. Knoop
Format: Hardcover
Language: English

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.



Author: Todd A. Knoop
Publisher: Praeger
Published: 02/17/2015
Pages: 416
Binding Type: Hardcover
Weight: 1.63lbs
Size: 9.30h x 6.40w x 1.20d
ISBN: 9781440831744


Review Citation(s):
Choice 09/01/2015

About the Author

Todd A. Knoop, PhD, is professor of economics and business at Cornell College, Mount Vernon, IA.


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