Table of Contents

Table of Contents


  • Preface
    by Alan Dunne, Editor
  • Introduction
    by Donagh Lynch, Director

  • Economic Thought

  • Schools of Macroeconomic Thought
    by Editor's Choice
  • The Rationality of Rational Expectations
    by Cloda Lane
  • Thomas Mun
    by Peter Jensen


  • Microeconomic Theory

  • A Differential Approach to General Equilibrium
    by Alan White
  • Game Theory - An analysis and understanding of decision making
    by Fiona Hayes
  • Indeterminate Bargaining - A hindrance to theory and an indication of reality
    by Mary Wall
  • Nash Equilibrium as an ideal solution concept
    by Diarmuid O'Conghaile

  • Money, Banking & Finance

  • Does Money Matter?
    by Alan Dunne
  • Debates Within Monetarism
    by Ian Rowell
  • Should Ireland Participate in European Monetary Union?
    by Tony Lynch
  • The Economics of an Independent European Central Bank
    by Myles H.Clarke
  • The Destruction of the Second Bank of the US - Rationale and Effects
    by Gareth Davis
  • Stocks, Horses, Chaos and Efficient Markets
    by Donagh Lynch


  • Welfare Economics

  • Welfare Economics: For Light or for Fruit?
    by Justin Morton
  • Welfare Economics: For Light or for Fruit - A reply
    by Ian Cafferky
  • The Importance of Externalities in Resource Allocation
    by Mark Kehoe
  • The Coase Theorem
    by Brendan Fitzpatrick
  • Road Pricing: The Case For and Against
    by Carsten Rolle

  • The Irish Economy

  • Regulation in Ireland in a European Context
    by Martha O'Hagan
  • Social Partnership
    by Muireann Kelliher
  • Emigration from Ireland: Vice or Virtue
    by Patricia Broderick

  • International Economics

  • The Japanese Trade Surplus with the US: Extent, Causes and Implication
    by Olaf Gersemann
  • The Economic Legacy of Ceausescu
    by Nicolas Holman
  • Customs Unions
    by Alexandra Berndt
  • GATT and the EC: The Case of Agriculture
    by Deborah Heaney
  • An Inquiry into the Growth of Nations
    by Cloda Lane