The global financial crisis that hit the world economy in 2008-2009 became a valuable test for economics. Various macroeconomic models failed to predict the occurrence of the crisis. Economists try to refine economic theory in order to explain the occurrence of the crisis and prevent such crisis from recurring. Amid these efforts, this book is present, presenting economic theory with a diffe…
Diakui atau tidak, selama ini kecenderungan masyarakat menempatkan laki-laki di dunia publik dan perempuan di dunia domestik terjadi hampir pada setiap peradaban manusia. Perempuan dianggap superior dalam aktivitas rumah tangga (kegiatan domestik), sementara laki-laki dianggap paling bertanggung jawab dalam kegiatan publik. Dengan melihat realitas di atas, meskipun perkembangan keterlibatan per…
The second edition of Behavioral Economics: The Basics summarizes behavioral economics, which uses insights from the social sciences, especially psychology, to explain real-world economic behavior. Behavioral economic insights are routinely used not only to understand the choices people make but also to influence them, whether the aim is to enable citizens to lead healthier and wealthier lives,…
The Informal Economy: Measures, Causes, and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives. Although informal economic activity is widespread all around the world, many issues around its nature and consequences remain largely under-explored or unresolved. Most importantly, the evidence presented in the existin…
Almost all economists, whether classical, neoclassical or Marxist, have failed in their analyses of capitalism to consider the underpinning systems of accounting. This book draws attention to this lacuna, focusing specifically on the concept of capital: a major concept that dominates all teaching and practice in both economics and management. It is argued that while for the practitioners of …