Book: Microeconomics textbook
This site presents you the basic neoclassical consumer theory and its opposite evolutionary alternative, offering empirical papers, downloadable models and data for broad understanding of consumer behaviour, including the decision to repurchase , to save and to cumulate assets, under the influence of advertising. and leveraging the relationship between prices and quantities. This hyper-textual free book covers most of the issues raised in A-level Economics or Economics 101 and goes well beyond, always avoiding higher mathematics but rather offering computer simulations to drill with.
The theory of the firm begins with a new theory of monopoly, in turn contrasted with the standard one, and develops with a discussion of "competition" in substitute goods, coupled with the possible seller's refusal to sell. Central is here the concept of business routines.
A classification of business costs is offered together with a free software and an easy Excel spreadsheet for marginal and average cost computations.
The production function is explained and criticised for the case of one productive input. In case of two or more productive inputs, the isoquant concept is presented, given a free software and critically evaluated.
The dynamic intersection between demand and supply is presented in a simple simulation model.
Advanced areas, as product differentiation, innovation, and finance, including, insurance, are covered as well.
A special section is devoted to poverty, the differences in consumption and cumulative bundle between the rich and the poor, the reasons for poor to pay more than the rich as well as microfinance and remittances.
Book: Macroeconomics textbook: Macroeconomics for beginners
Students of the first year of economics usually learn the basic functioning of the economy thanks to the "IS-LM model" and its modifications. In this site, you will find an overall introduction to the model, its key basic and advanced concepts, (e.g. consumption, investment, public expenditure, trade balance), a one-page interactive map of their connections, and relevant data from all countries in the world.
In particular, you shall be introduced to all phases of the business cycle (expansion, boom, peak, recession, depression, trough, and recovery).
More advanced features of macro-economy receive wide explanations, like how business cycle fluctuations and financial fragility are linked to labour market and international trade.
Book: Agent-Based Keynesian Macroeconomics: An Evolutionary Model Embedded in an Agent-Based Computer Simulation
Download this free book in PDF format
The paradigm of
social complexity: an alternative way of understanding societies
and their economies
It's not only a great book of more than 1000
pages: it's a full program of activities.
Evolutionary models of industrial dynamics and the problem of space
A lengthy analysis of models with a very relevant discussion about time structures in evolutionary models, methods to analyse their results (differerentiated according to the unit of analysis: a single story, a few stories, a lot of stories) and depict graphically their multi-variate inputs and outputs. How to compare the artificial worlds with the empirical words through stylized facts is addressed. Finally, a section of the dissertation is on how to introduce space in such models (with a comparative analysis of Cartesian and non-Cartesian spaces). Published in 2019 [Italian language]
PDF [2 MB]
Book: The Financial and economic crisis of 2008-2009 and developing countries (by Unctac 2010)
Book: Post Keynesian Econometrics, Microeconomics and the Theory of the Firm
Policies for Climate Change Mitigation
We are seriously concerned with global climate
change, the higher frequency of extreme weather conditions, the
rise of sea level, the acidification of the oceans, the salinisation
of sweet water in small islands, the dramatic reduction in biodiversity,
and ubiquitous pollution. But we are optimist that mitigation is
still possible if the world reacts with extreme energy and cohesion.
This book provides a large array of proposals by
30 economists from developing and developed countries.
High and senior level policymakers (and their staff)
will find fundamental outlines and insights for negotiating and
laying down NAMAs (Nationally Appropriate Mitigation Actions) and
Climate Action Plans at national, sub-national, city and sectoral
Students and engaged citizens - who want their country
make the difference and seize all development opportunities opened
up by green jobs, new business niches, higher quality of life -
will find accessible guidelines.
Presented at a COP15 side-event, updated in 2012,
the book is inspiring top-level and grassroot actions worldwide.
edition (39.37$) and PDF
outline and synthesis
Paris Agreement (commented word by word) and further books