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David Colander's highly original and thought provoking book considers ongoing changes in graduate European economics education. Following up on his earlier classic studies of US graduate economic education, he studies the 'economist production function' in which universities take student 'raw material' and transform it into economists, in doing so he provides insight into economists and economics.He argues that until recently Europe had a different 'economist production function' than did the US; thus European economists were different from their US counterparts. However, this is now changing, and Colander suggests that the changes are not necessarily for the best. Specifically, he suggests that in their attempt to catch up with US programs, European economics is undermining some of their strengths - strengths that could allow them to leapfrog US economics in the future, and be the center of 21st century economics. Student views on the ongoing changes and ensuing difficulties are reported via surveys of, and interviews with, students in global European graduate programs. The conclusion draws broad policy implications from the study, and suggests a radically different market approach to funding economic research that Colander argues will help avoid the pitfalls into which European economics is now falling.This unique and path-breaking book will prove essential reading for economists, as well as academics, students and researchers with a special interest in economics education, the methodology of economics, or the history of economic thought.

Economics --- Europe --- Economists --- Study and teaching (Graduate) --- AA / International- internationaal --- 330.08 --- 658.334 --- -Economists --- -330.092 --- Social scientists --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economisten. --- Beroepsvorming en -oriëntatie. Menselijke investeringen. Menselijk kapitaal. --- 330.092 --- Economisten --- Beroepsvorming en -oriëntatie. Menselijke investeringen. Menselijk kapitaal --- Economics - Study and teaching (Graduate) - Europe --- Economists - Europe

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Economics. --- AA / International- internationaal --- 08 --- 330.00 --- 012 --- Biografieën en memoires. --- Economische en sociale theorieën: algemeenheden. --- Individuele bibliografieën van auteurs --- Economics --- Economic theory --- Political economy --- Social sciences --- Economic man --- Biografieën en memoires --- Economische en sociale theorieën: algemeenheden

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Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

Macroeconomics --- Equilibrium (Economics) --- Mathematical models. --- -Equilibrium (Economics) --- -339.015195 --- Disequilibrium (Economics) --- Economic equilibrium --- General equilibrium (Economics) --- Partial equilibrium (Economics) --- Economics --- Stagnation (Economics) --- Statics and dynamics (Social sciences) --- Mathematical models --- -Electronic information resources --- Electronic information resources --- E-books --- Equilibrium (Economics). --- DGE (Economics) --- DSGE (Economics) --- Dynamic stochastic general equilibrium (Economics) --- SDGE (Economic theory) --- Business, Economy and Management --- Macroeconomics - Mathematical models.

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Competition --- Monopolies --- Neoclassical school of economics --- Rent --- 330.00 --- 330.48 --- 338.011 --- AA / International- internationaal --- Ground-rent --- Payment --- Landlord and tenant --- Real property --- Cambridge school of economics --- Marshallian economics --- Classical school of economics --- Schools of economics --- Combinations in restraint of trade --- Commercial corners --- Corners, Commercial --- Engrossing --- Forestalling --- Commercial crimes --- Trade regulation --- Monopolistic competition --- Monopsonies --- Restraint of trade --- Trusts, Industrial --- Congresses --- Economische en sociale theorieën: algemeenheden --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten --- Rentetheorie. Wet van de toenemende en afnemende rendementen --- Law and legislation --- Conferences - Meetings --- Economics

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Economics --- Study and teaching.