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List Of Publications In Economics Description: The book is usually considered to be the beginning of modern economics. It begins with a discussion of the Industrial Revolution. Later it critiques the mercantilism and a synthesis of the emerging economic thinking of his time. It is mostly known due to the idea of The Invisible Hand which is an often quoted phrase from the book. Its meaning is that people will unintentionally improve their community through pursuit of their own wants and needs. The Butcher, the Baker, and the Brewer provide goods and services to each other out of self-interest; the unplanned result of this division of labor is a better standard of living for all three. Importance: Topic creator, Breakthrough, Influence, Introduction Description: Das Kapital is a political-economic treatise by Karl Marx. The book is a critical analysis of capitalism and of the political economy practices during his time. Marx bases his work on that of the classical economists like Adam Smith, David Ricardo, and even Benjamin Franklin. However, he applies these authors' ideas critically and carefully, so his book is more a critical synthesis than it follows the lead of any one thinker. Importance: Breakthrough, Influence Description: The General Theory of Employment Interest and Money is generally considered to be the masterwork of the English economist John Maynard Keynes. To a great extent it created the terminology of modern macro-economics. It was published in February 1936. The book ushered in a revolution, referred to as the "Keynesian Revolution", in the way economists and men in public affairs thought about the economy, and especially how they thought about the feasibility and wisdom of public sector management of the aggregate level of demand in the economy. Importance: Topic creator, Breakthrough, Influence - Granger, Clive William James and Engle, R. F. (1987) 'Cointegration and Error Correction: Representation, Estimation and Testing', Econometrica, 55(2), March, pp. 251-276.
- Griliches, Zvi and Intrigilator, M. D. (eds.) (1984) Handbook of Econometrics, Five volumes (Amsterdam: North-Holland).
- Hsaio, C. (1986) Analysis of Panel Data, Econometric Society Monograph.
- Lucas , Robert E. Junior (1976) 'Econometric Policy Evaluation: A Critique', in Brunner, K. and Meltzer, A. H. (eds.) The Phillips Curve and Labour Markets, Journal of Monetary Economics (Supplement), 1(xx), xx, pp. 19-46.
- Dickey, D. A. and Fuller, W. A. (1979) 'Distribution of the Estimators for Autoregressive Time Series with a Unit Root', Journal of the American Statistical Association 74: 427-431.
Tversky, A., and D. Kahneman. 1974. Judgment Under Uncertainty: Heuristics and Biases. Science 185: 1124-31. The pricing of options and corporate liabilities - Fischer Black and Myron Scholes
- "The Pricing of Options and Corporate Liabilities" Journal of Political Economy 81, 1973, 637-654.
Description: The development of the Black-Scholes model for options pricing. Importance: Influence Description: The Theory of Moral Sentiments written by Adam Smith in 1759, is one of the most important works in the theory of capitalism. It provides the ethical, philosophical, psychological and methodological underpinnings to Smith's later works. Importance: Topic creator, Influence Tirole: The theory of Industrial Organisation Shy: Industrial Organization Pepal: Industrial Organisation Churche/Ware: Industrial organisation - a strategic appraoch Sutton: Sunk costs and industry structure The Economics of Welfare Description: Pigou was the one of the most influential economists that dealt with Welfare economics. He developed the idea of Pigovian tax. Importance: Topic creator, Breakthrough, Influence See also External links
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