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020 _a9783031761409
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024 7 _a10.1007/978-3-031-76140-9
_2doi
050 4 _aHB139-141
072 7 _aKCA
_2bicssc
072 7 _aBUS021000
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072 7 _aKCA
_2thema
100 1 _aMichaelides, Panayotis G.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_990424
245 1 0 _a21 Equations that Shaped the World Economy
_h[electronic resource] :
_bUnderstanding the Theory Behind the Equations /
_cby Panayotis G. Michaelides.
250 _a1st ed. 2024.
264 1 _aCham :
_bSpringer Nature Switzerland :
_bImprint: Palgrave Macmillan,
_c2024.
300 _aXXIII, 285 p. 1 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _a1. Compound Interest Rate -- 2. The Normal Distribution -- 3. Ordinary Least Squares -- 4. Production Function and TFP -- 5. Profit Rate -- 6. General Equilibrium -- 7. Input Output Analysis -- 8. Break-Even Point -- 9. The Fisher Equation -- 10. Net Present Value -- 11. Income Accounting Identity -- 12. Nash Equilibrium -- 13. CAPM -- 14. Quantity Theory of Money -- 15. Cost Function -- 16. Solow Growth Model -- 17. Philips Curve -- 18. Gravity Equation -- 19. Granger Causality Equation -- 20. Black and Scholes Formula -- 21. Chaos Theory -- 22. Epilogue -- 23. Mathematical Appendix.
520 _a“With clarity and precision, the author demystifies key economic equations, making them accessible to readers of all backgrounds. An invaluable addition to the literature on economic theory!” - Dieter Bögenhold, University of Klagenfurt, Austria “Engaging and informative, this book sheds light on the key equations that have shaped our understanding of the global economy.” - Stéphane Goutte, UMI SOURCE, University Paris-Saclay, France “Brilliantly written and well researched, the author magisterially illustrates the power of equations to critically influence our understanding of economic science!” - John Milios, National Technical University of Athens, Greece “This book offers a comprehensible and insightful exploration of how certain equations have impacted the world economy.” - Antonis Papapantoleon, TU Delft, The Netherlands & NTUA, Greece “A fascinating journey through economic science, illustrating how simple equations shape our understanding of the field.” - Panos Xidonas, ESSCA Grande École, France “The author, one of the leading scholars of his generation, elucidates how simple equation-based models explain our economic reality in this landmark book. A must-read to learn from one of the best!” - Stavroula Yfanti, Queen Mary University of London, United Kingdom This accessible textbook introduces the equations that have defined Economics and shaped the global economy. It not only explains the ideas, concepts, applications and their limitations, but also places them in their broader social and historical contexts. Simple examples and real-world applications are provided. The book is particularly relevant for students looking to deepen their understanding of Economics, Mathematical Economics, and the History of Economic Thought. Panayotis G. Michaelides is a Full Professor at the School of Applied Mathematical and Physical Sciences at the National Technical University of Athens (NTUA), Greece, and a former Research Associate at the London School of Economics (LSE), UK. He is recognized among the top 2% of economists globally (ScholarGPS, 2024).
650 0 _aEconometrics.
_957695
650 0 _aEconomics
_xHistory.
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650 0 _aEconomics.
_958354
650 1 4 _aQuantitative Economics.
_970330
650 2 4 _aEconometrics.
_957695
650 2 4 _aHistory of Economic Thought and Methodology.
_971917
650 2 4 _aEconomics.
_958354
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031761393
776 0 8 _iPrinted edition:
_z9783031761416
776 0 8 _iPrinted edition:
_z9783031761423
856 4 0 _uhttps://doi.org/10.1007/978-3-031-76140-9
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