Economy, Society, and Public Policy is a new way to learn economics. It is designed for students studying social sciences and other disciplines who want to understand how the economy works and how it can be made to work better. By addressing problems like inequality, climate crisis and financial instability, ESPP introduces economics as policy-oriented yet also quantitative and analytical.
Social interactions (modelled using simple game theory) and incomplete information (modelled using a series of principal-agent problems) are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a role.
The insights of diverse schools of thought - from Marx and the classical economists to Hayek and Schumpeter - play an integral part in the book.
