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Title Details:
The Political Economy of Economic Policy
Authors: Mavroudeas, Stavros D.
Subject: LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > TRADE
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > MACROECONOMIC ASPECTS OF INTERNATIONAL TRADE AND FINANCE
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > GLOBALIZATION
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > PUBLIC ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INDUSTRIAL ORGANIZATION > REGULATION AND INDUSTRIAL POLICY
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > ECONOMIC DEVELOPMENT, TECHNOLOGICAL CHANGE, AND GROWTH > DEVELOPMENT PLANNING AND POLICY
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > ECONOMIC SYSTEMS
Keywords:
Economic policy
Fiscal policy
Monetary policy
Industrial policy
External economic policy
Economic planning
Employment policy
Social policy
Classical Political Economy
Marxist Political Economy
Neoclassical Economics
Keynesian Economics
Neoliberalism
New Keynesianism
Description:
Abstract:
Economic policy studies the role and intervention of the state in the economy. This is an issue that the science of the economy faced from its very first steps. However, economic policy was constituted as a distinct scientific field during the interwar period due to particular historical circumstances (the crisis of 1929, prolonged political-economic turmoil, collapse of Classical Liberalism, Soviet economic planning experience, Keynesian interventionism). This book studies the Political Economy of Economic Policy. That is, first, it generally approaches the economy from the point of view of Political Economy (as a social process) and not from that of Economics (as an individual process). Secondly, it embraces the view that economic policy cannot be satisfactorily understood except through a political-economic perspective precisely because of its particular characteristics. This book is written for readers with elementary rather than extensive knowledge of economic analysis. The book is divided into three parts. The first part (Chapters 1 to 4) focuses on the reader gaining a good knowledge of the subject matter, the basic concepts, and the main categories of economic policy (fiscal, monetary, industrial, foreign, economic planning, social, etc.). In the second part (Chapters 5 to 11) the basic categories and tools of economic policy are presented in detail, but at the same time, a special focus is placed on the different views and the confrontations between different schools of economic thought regarding these categories and tools. The third part (Chapters 12 to 15) offers the ‘great view’. That is, it analyses the evolution of economic policy (character, aims, functions, pros and cons etc.) through the debates between the main currents of the science of the economy. It especially analyzes the ‘turbulent’ course and the ups and downs of economic policy in the 20th and 21st centuries.
Linguistic Editors: Kioseoglou, Nerina
Graphic Editors: Meimaroglou, Antonis
Type: Undergraduate textbook
Creation Date: 24-07-2023
Item Details:
ISBN 978-618-228-058-4
License: Attribution - NonCommercial - ShareAlike 4.0 International (CC BY-NC-SA 4.0)
DOI http://dx.doi.org/10.57713/kallipos-292
Handle http://hdl.handle.net/11419/10130
Bibliographic Reference: Mavroudeas, S. (2023). The Political Economy of Economic Policy [Undergraduate textbook]. Kallipos, Open Academic Editions. https://dx.doi.org/10.57713/kallipos-292
Language: Greek
Consists of:
1. The object of economic policy
2. Basic terms of economic policy
3. The economic role of the state in different economic systems
4. Aims and the political-economic dimension of economic policy
5. Fiscal policy
6. Monetary policy
7. External economic policy
8. Industrial policy
9. Social policy
10. Employment policy
11. Economic planning
12. The Tinbergen-Theil approach
13. The Neoliberal critique
14. The compromise of the New Macroeconomic Consensus
15. The Marxist approach
16. Summary: the adventures of economic policy
Number of pages 280
Publication Origin: Kallipos, Open Academic Editions
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