Book published in January 2021 by World Scientific Publishers.
Summary: Given that there is no shortage of economic theories while economic problems are growing periodically, Conceptual Economics boldly attempts to initiate a new approach by employing conceptual and intuitive tools to examine the intra-relationship between microeconomics and macroeconomics as well as the inter-relationship between economic analysis and other social science studies, especially the relationship with political science. The few intuitive ideas include the separation between ex-ante situations and ex-post outcomes, the difference between endowment differences and unequal outcomes, and the role of economics as a vehicle in the delivery of numerous social and political activities. The discussion extends to cover an analysis on human values and concludes with a recommendation on the functionality of civic capitalism. With intuition and analytical reasoning within economics and with other social sciences, Conceptual Economics can become a new branch in economic study where scholars, analysts and intellectuals could “think outside the box” by liaising a wider economic perspective and/or amalgamating non-economic aspects into their analysis. This shall provide a new dimension to solving human economic problems and possibly area of intellectuality.
- The Making of Conceptual Economics:
- The Ingredients in Economics
- The Liaison Role of Economics
- The Extensity Dimension:
- Intra-Connectedness among Economic Theories
- Economics Science versus Political Science
- Economic Considerations in Government Policies
- The Inter-Disciplinary Relationship
- The Intensity Dimension:
- Measurement of Values in Humanity Sciences
- Endowment and Opportunity: The Origin of Economic Differences
- Crash of Ideologies: Give Economic Performance a Chance