April 2016
Intermediate to advanced
548 pages
19h 23m
English
Content preview from Ecological Sustainability
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336 Ecological Sustainability
fallible humans operate economies). Perhaps economics should be viewed
more from a social science viewpoint. This approach is, in fact, taken in
the text Complex Adaptive Systems: An Introduction to Computational Models of
Social Life by Miller and Page (2008). The role of CASs in economics is treated
in this interesting text, but unfortunately, there is a dearth of mathematical
detail in describing various models.
7.2 Basic Economics; Steady-State S&D
One of the most fundamental concepts in neoclassical economic (NCE) the-
ory are the “laws” of supply, demand, and supply and demand. These “laws”
descr
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