Tag: global economy

Corporate Power in a Global Economy

By Brian Roach Standard economic theory fails to address the economic and political significance of modern multinational corporations. In this module, explanations of firm growth based on economies of scale and scope are supplemented with a discussion of the transnational mobility and influence of large corporations. The social and environmental responsibilities of multinationals are considered, […]

Revised Economic Thinking for a New World: New Editions of the “In Context” Textbooks

By Pratistha Joshi Rajkarnikar As the world has undergone seismic shifts over the last few years due to the COVID-19 pandemic, rising social and economic inequality and the escalating climate crisis, new approaches to economics are needed to reflect the complexities of this rapidly evolving world.  The latest editions of Microeconomics in Context and Macroeconomics […]