This is a list of important publications in economics, organized by field. Buyers bargain for good prices while sellers put forth their best front in Chichicastenango Market, Guatemala. ...

Some reasons why a particular publication might be regarded as important:

• Topic creator – A publication that created a new topic
• Breakthrough – A publication that changed scientific knowledge significantly
• Introduction – A publication that is a good introduction or survey of a topic
• Influence – A publication which has significantly influenced the world
• Latest and greatest – The current most advanced result in a topic

Macroeconomics

Among the most important list of publication in economics are: Macroeconomics is the economics sub-field of study that considers aggregate behavior, and the study of the sum of individual economic decisions. ...

The Wealth of Nations

• Adam Smith
• An Inquiry into the Nature and Causes of the Wealth of Nations, 1776.
• Online version

Description: The book is usually considered to be the beginning of modern economics. It begins with a discussion of the Industrial Revolution. Later it critiques the mercantilism and a synthesis of the emerging economic thinking of his time. It is mostly known due to the idea of The Invisible Hand which is an often quoted phrase from the book. Its meaning is that people will unintentionally improve their community through pursuit of their own wants and needs. The Butcher, the Baker, and the Brewer provide goods and services to each other out of self-interest; the unplanned result of this division of labor is a better standard of living for all three. An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of Adam Smith, published in 1776. ... Adam Smith, FRSE, (baptised June 5, 1723 – July 17, 1790) was a Scottish political economist and moral philosopher. ... Buyers bargain for good prices while sellers put forth their best front in Chichicastenango Market, Guatemala. ... A Watt steam engine in Madrid. ... A painting of a French seaport from 1638, at the height of mercantilism. ... The Invisible Hand has numerous meanings A term began by Adam Smith in Economics Name of a fictional flagship of the capitalist Confederacy of Independent Systems This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

Importance: Topic creator, Breakthrough, Influence, Introduction

Das Kapital

• Karl Marx
• Das Kapital, 1867
• Capital, Volume I: The Process of Production of Capital
• Capital, Volume II: The Process of Circulation of Capital
• Capital, Volume III: The Process of Capitalist Production as a Whole
• Annotations, Explanations and Clarifications to Capital.

Description: Das Kapital is a political-economic treatise by Karl Marx. While not trained as an economist, Marx wrote this critical analysis of capitalism and of the political economy from the perspective of a philosopher. Marx can be seen as the founder of socialism and communism. His ideas basically have proven themselves to be inneffective. High taxes and high governmental influence into almost all areas of life takes away human responsibility and produces extremely high governmental cost. Das Kapital (Capital, in the English translation) is a very lengthy treatise on political economy written by Karl Marx in German. ... Karl Heinrich Marx (May 5, 1818, Trier, Germany – March 14, 1883, London) was an immensely influential German philosopher, political economist, and socialist revolutionary. ... Karl Heinrich Marx (May 5, 1818, Trier, Germany – March 14, 1883, London) was an immensely influential German philosopher, political economist, and socialist revolutionary. ... For other uses, see Capitalism (disambiguation). ... Political economy was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government. ...

Importance: Breakthrough, Influence

General Theory of Employment, Interest and Money

• John Maynard Keynes, General Theory of Employment, Interest and Money, 1936

Description: In this book, Keynes put forward a theory based upon the notion of aggregate demand to explain variations in the overall level of economic activity, such as were observed in the Great Depression. The total income in a society is defined by the sum of consumption and investment; and in a state of unemployment and unused production capacity, one can only enhance employment and total income by first increasing expenditures for either consumption or investment. To meet Wikipedias quality standards and conform with our NPOV policy, this article or section may require cleanup. ... John Maynard Keynes (right) and Harry Dexter White at the Bretton Woods Conference John Maynard Keynes, 1st Baron Keynes, CB (pronounced kānz / kAnze) (June 5, 1883 – April 21, 1946) was a British economist whose ideas had a major impact on modern economic and political theory as well as on... To meet Wikipedias quality standards and conform with our NPOV policy, this article or section may require cleanup. ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... In economics, aggregate demand is the total demand for goods and services in the economy (Y) during a specific time period. ... The Great Depression was a worldwide economic downturn, starting in 1929 and lasting through most of the 1930s. ...

Importance: Topic creator, Breakthrough, Influence

Microeconomics

Microeconomics is one of the main fields of the social science of economics. ...

Theory of Games and Economic Behavior

• John Von Neumann and Oskar Morgenstern
• Princeton University Press, 1944

Description: a book by the mathematician John von Neumann and economist Oskar Morgenstern. It contained a mathematical theory of economic and social organization, based on a theory of games of strategy. In 1944 Princeton University Press published Theory of Games and Economic Behavior, a book by the mathematician John von Neumann and economist Oskar Morgenstern. ... John von Neumann in the 1940s. ... Oskar Morgenstern (January 24, 1902 - July 26, 1977) was an German- American economist who, working with John von Neumann, helped found the mathematical field of game theory. ... 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ... Leonhard Euler is considered by many people to be one of the greatest mathematicians of all time A mathematician is a person whose primary area of study and research is mathematics. ... John von Neumann in the 1940s. ... An economist is an individual who studies, develops, and applies theories and concepts from economics, and writes about economic policy. ... Oskar Morgenstern (January 24, 1902 - July 26, 1977) was an German- American economist who, working with John von Neumann, helped found the mathematical field of game theory. ...

This is now a classic work, upon which modern-day game theory is based. Game theory has since been widely used to analyze real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations. It is today established, both throughout the social sciences and in a wide range of other sciences. Game theory is a branch of applied mathematics that studies strategic situations where players choose different actions in an attempt to maximize their returns. ... An Arms Race is a competition between two or more countries for military supremacy. ...

Importance:Topic creator, impact

Econometrics

Econometrics literally means economic measurement. It is a combination of mathematical economics, statistics, economic statistics and economic theory. ...

A New Framework for Testing Rationality and Measuring Aggregate Shocks Using Panel Data

• Davies, A. and Lahiri, K.
• Journal of Econometrics 68: 205-227, 1995.

Description: 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ...

'Cointegration and Error Correction: Representation, Estimation and Testing

• Granger, Clive William James and Engle, R. F.
• Econometrica, 55(2), March, pp. 251-276, 1987.

Description: Sir Clive Granger (born September 4, 1934) is a Welsh-born economist, and Professor Emeritus at the University of California at San Diego, USA. Along with Robert Engle of New York University he shared the 2003 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... Robert F. Engle (born 1942) received the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 2003, sharing the award with Clive Granger, for methods of analyzing economic time series with time-varying volatility (ARCH). He got his Ph. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ...

Importance:

Handbook of Econometrics

• Griliches, Zvi and Intrigilator, M. D. (eds.)
• Handbook of Econometrics, Five volumes (Amsterdam: North-Holland), 1984.

Description: 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ...

Importance:

Analysis of Panel Data

• Hsiao, C.
• Econometric Society Monograph, 1986.

Description: 1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar. ...

Importance:

Distribution of the Estimators for Autoregressive Time Series with a Unit Root

• Dickey, D. A. and Fuller, W. A
• Journal of the American Statistical Association 74: 427-431, 1979.

Description: Describes the Dickey-Fuller test. This page refers to the year 1979. ... In statistics, the Dickey-Fuller test tests whether a unit root is present in an autoregressive model. ...

Importance:

Policy Evaluation: A Critique

• Lucas , Robert E. Junior
• in Brunner, K. and Meltzer, A. H. (eds.) The Phillips Curve and Labour Markets, Journal of Monetary Economics (Supplement), 1(xx), xx, pp. 19-46, 1976.

Description: Robert Emerson Lucas, Jr. ... 1976 (MCMLXXVI) was a leap year starting on Thursday. ...

Importance:

Behavioral Economics

Advances in Behavioral Economics

• Camerer, C., Loewenstein, G., and M. Rabin.
• Princeton (NJ), Princeton University Press, 2003

Description: Definitive one-volume resource on the field. Colin F. Camerer (born 4 December 1959) is a behavioral economist and a professor at the California Institute of Technology (Caltech). ... George Loewenstein is Professor of Economics and Psychology in the Social & Decision Sciences Department at Carnegie Mellon University. ... Matthew Rabin (born December 27, 1963) is Edward G. and Nancy S. Jordan Professor of Economics in the Department of Economics at the University of California -- Berkeley. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

Importance: Introduction

Judgment Under Uncertainty: Heuristics and Biases

• Tversky , A., and D. Kahneman.
• Science 185: 1124-31, 1974

Description: Amos Tversky (March 16, 1937 - June 2, 1996) was a pioneer of cognitive science, a longtime collaborator of Daniel Kahneman, and a key figure in the discovery of systematic human cognitive bias and handling of risk. ... Daniel Kahneman Daniel Kahneman (born March 5, 1934 in Tel Aviv, in the then British Mandate of Palestine, now in Israel), is a key pioneer and theorist of behavioral finance, which integrates economics and cognitive science to explain seemingly irrational risk management behavior in human beings. ... 1974 (MCMLXXIV) was a common year starting on Tuesday (the link is to a full 1974 calendar). ...

Importance:

Prospect Theory: An Analysis of Decision Under Risk

• Kahneman, D., and A. Tversky.
• Econometrica 47: 263-91, 1979.

Description: In this article, Prospect theory, a descriptive theory of [[decision theory|choices under uncertainty], is introduced, bringing together ideas from psychology (framing and probability weighting) and economics (expected utility). Daniel Kahneman Daniel Kahneman (born March 5, 1934 in Tel Aviv, in the then British Mandate of Palestine, now in Israel), is a key pioneer and theorist of behavioral finance, which integrates economics and cognitive science to explain seemingly irrational risk management behavior in human beings. ... Amos Tversky (March 16, 1937 - June 2, 1996) was a pioneer of cognitive science, a longtime collaborator of Daniel Kahneman, and a key figure in the discovery of systematic human cognitive bias and handling of risk. ... This page refers to the year 1979. ... The prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979. ... The term framing can have several possible meanings: framing (telecommunication), where it relates to synchronization framing (economics), where it relates to rational choice theory framing (World Wide Web), where it relates to the use of multiple panes within a web page framing (communication theory), where it relates to the contextual... The expected utility hypothesis is the hypothesis in economics that the utility of an agent facing uncertainty is calculated by considering utility in each possible state and constructing a weighted average. ...

Importance: Topic maker, breakthrough.

Experimental economics

Experimental economics is the use of experimental methods to evaluate theoretical predictions of economic behaviour. ...

Behavioral Game Theory

• Camerer, C.F.
• Princeton (NJ), Princeton University Press, 2003.

Description: A new and insightfull handbook for advanced experimental and behavioral economics students. 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

Importance: Introduction

The Handbook of Experimental Economics

• Kagel, J. H. and Roth, A. E. (eds.)
• Princeton (NJ), Princeton University Press, 1995.

Description: The most influential experimental economics handbook. 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ...

Importance: Introduction, Influence

Finance

Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. ...

Capital asset pricing model

• William Forsyth Sharpe
• "Capital asset prices: A theory of market equilibrium under conditions of risk", Journal of Finance, 19 (3), 1964, 425-442

Description: Development of the Capital asset pricing model used to determine appropriate prices for assets. William Forsyth Sharpe (born June 16, 1934) is Professor of Finance, Emeritus at Stanford Universitys Graduate School of Business and the winner of the 1990 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ... 1964 (MCMLXIV) was a leap year starting on Wednesday (the link is to a full 1964 calendar). ... The capital asset pricing model (CAPM) is used in finance to determine a theoretically appropriate required rate of return (and thus the price if expected cash flows can be estimated) of an asset, if that asset is to be added to an already well-diversified portfolio, given that assets... In business and accounting an asset is anything owned which can produce future economic benefit, whether in possession or by right to take possession, by a person or a group acting together, e. ...

Importance: Topic creator, Influence

The pricing of options and corporate liabilities

• Fischer Black and Myron Scholes
• "The Pricing of Options and Corporate Liabilities" Journal of Political Economy 81, 1973, 637-654.

Description: It developed the Black-Scholes model for determining the price of options, in particular stock options. The use of the Black-Scholes formula has become pervasive in financial markets, and has been extended by numerous refinements. Fischer Black (1938 - August 30, 1995) was an American economist, best known as one of the authors of the famous Black-Scholes equation. ... Myron S. Scholes (born July 1, 1941) is one of the authors of the famous Black-Scholes equation. ... 1973 (MCMLXXIII) was a common year starting on Monday. ... The Black-Scholes model, often simply called Black-Scholes, is a model of the varying price over time of financial instruments, and in particular stocks. ... A stock option is a specific type of option with a stock as the underlying instrument (the security that the value of the option is based on). ... In finance, financial markets facilitate: The raising of capital (in the capital markets); The transfer of risk (in the derivatives markets); and International trade (in the currency markets). ...

Importance: Breakthrough, Influence

Political economy

Political economy was the original term for the study of production, the acts of buying and selling, and their relationships to laws, customs and government. ...

The Theory of Moral Sentiments

• Adam Smith
• The Theory of Moral Sentiments, 1759.
• Online version

Description: The Theory of Moral Sentiments written by Adam Smith in 1759, is one of the most important works in the theory of capitalism. It provides the ethical, philosophical, psychological and methodological underpinnings to Smith's later works. The Theory of Moral Sentiments written by Adam Smith in 1759, was one of the most important works in the theory of capitalism. ... Adam Smith, FRSE, (baptised June 5, 1723 – July 17, 1790) was a Scottish political economist and moral philosopher. ... The Theory of Moral Sentiments written by Adam Smith in 1759, was one of the most important works in the theory of capitalism. ... 1759 was a common year starting on Monday (see link for calendar). ...

Importance: Topic creator, Influence

Neuroeconomics

Neuroeconomics combines neuroscience, economics, and psychology to study how we make choices. ...

Decisions, Uncertainty, and the Brain: The Science of Neuroeconomics

• Glimcher, Paul
• MIT Press, 2003

Description: First book length treatment of the field. 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

Socioeconomics

Socioeconomics is the study of the social and economic impacts of any product or service offering, market intervention or other activity on an economy as a whole and on the companies, organisation and individuals who are its main economic actors. ...

Green economics

See Green economics: References. Green economics loosely defines a theory of economics by which an economy is considered to be a component of the ecosystem in which it resides. ... Green economics loosely defines a theory of economics by which an economy is considered to be a component of the ecosystem in which it resides. ...

Consumer theory

Consumer theory is a theory of economics. ...

Production theory

In microeconomics, production is the act of making things, in particular the act of making products that will be traded or sold commercially. ...

Industrial organization

Industrial organization is the field of economics that studies the behavior of firms, the structure of markets and of their interactions. ...

The theory of Industrial Organisation

• Tirole, Jean

Description: Jean Tirole (born 9 August 1953) is a notable contemporary french economist, author of many works in economics, scientific director of the Industrial Economics Institute in Toulouse. ...

Importance:

Industrial Organization

• Shy

Description:

Importance:

Industrial Organisation

• Pepal

Description:

Importance:

Industrial organisation - a strategic approach

• Churche/Ware

Sunk costs and industry structure

• Sutton

Description:

Importance:

Managerial economics

• Png, Ivan (2002), Managerial Economics, 2nd edition, Malden, MA: Blackwell.
• Png, Ivan (2005), Managerial Economics, Asia-Pacific edition, Singapore: Pearson Education Asia.

Managerial economics (also called business economics), is a branch of economics that applies microeconomic analysis to specific business decisions. ...

Labour economics

Labour economics seeks to understand the functioning of the market for labour. ...

Development economics

• Development macroeconomics - Pierre-Richard Agénor and Peter J. Montiel.

Description: Widely used text book. Development economics is a branch of economics that deals with the study of macroeconomic causes of long term economic growth, and microeconomica; the incentive issues of individual households and firms, especially in developing countries. ...

Importance: Introduction

Welfare economics

Welfare economics is a branch of economics that uses microeconomic techniques to simultaneously determine the allocational efficiency of a macroeconomy and the income distribution consequences associated with it. ...

The Economics of Welfare

• Arthur Cecil Pigou
• The Economics of Welfare, 4th ed. 1932
• The Economics of Welfare

Description: Pigou was the one of the most influential economists that dealt with Welfare economics. He developed the idea of Pigovian tax. Arthur Cecil Pigou (November 18, 1877 – March 7, 1959) was an English economist, known for his work in many fields and particularly in welfare economics. ... Welfare economics is a branch of economics that uses microeconomic techniques to simultaneously determine the allocational efficiency of a macroeconomy and the income distribution consequences associated with it. ... Social cost, in economics, is the total of all the costs associated with an economic activity. ...

Importance: Topic creator, Breakthrough, Influence

Transport economics

Transport economics is a cross-disciplinary study linking civil engineering and economics. ...

Health economics

Health economics is a branch of economics concerned with issues related to scarcity in the health markets. ...

The Economics of Health and Health Care

• Folland S., Goodman AC. and Stano M.
• (4th edition). New Jersey: Prentice Hall, 2001.

Description: The standard health economics textbook in most leading universities. It assumes some background knowledge in economics. 2001: A Space Odyssey. ...

Importance: Introduction

Handbook of Health Economics

• Culyer AJ. and Newhouse JP. (eds)
• Volumes 1A and 1B. Elsevier: Amsterdam, 2000.

Description: The most comprehensive available collection of essays on contemporary health economics. Advanced readers will appreciate its mathematical rigor. Those who are seeking research or dissertation topics should find this two-volume set to be an invaluable resource. This article is about the year 2000. ...

Importance:

See also

• List of publications in science

This is a list of important publications in different fields of science. ...

External links

• Some essays in economics
• Timeline of Important Publications in Economics