This book is devoted to establishing a completely new concept within economics referred to as "trading economics" which is a reconstructed economic system in theory that seeks perfect harmony between micro and macro elements in a structured way, hence making the economic theory a rigorous system supported by internal logical continuity. Representing a revolution of the existing theoretical framework, trading economics has changed the logic of mainstream economics. Specifically, it deduces the "macro whole" from the "micro individuals", and it introduces a systematic and comprehensive analysis…mehr
This book is devoted to establishing a completely new concept within economics referred to as "trading economics" which is a reconstructed economic system in theory that seeks perfect harmony between micro and macro elements in a structured way, hence making the economic theory a rigorous system supported by internal logical continuity. Representing a revolution of the existing theoretical framework, trading economics has changed the logic of mainstream economics. Specifically, it deduces the "macro whole" from the "micro individuals", and it introduces a systematic and comprehensive analysis approach. It stresses that within an interconnected world, the interaction between trading agents is the fundamental driving force behind the operation, development and evolution of the economic system.
Mr. Wang Zhenying is the Director General of Research and Statistics Department, the People's Bank of China (PBC) Shanghai Head Office. The positions he held include Deputy Director General of Financial Market Department, PBC Shanghai Head Office, and Director of Macroeconomic Analysis Division, Research and Statistics Department, PBC, etc. From 1991 to 1994, he studied at Population Research Institute, Renmin University of China, majoring in statistics, and got PhD Degree in 1994. From 1988 to 1991, he studied at Department of mathematics, Sichuan University, majoring in applied mathematics, and got Master degree in 1991. From 1979 to 1983, he studied at Xinxiang Normal College (later renamed Henan Normal University), majoring in mathematics, and got Bachelor degree in 1983. In 1996, he was at Florida International University as a senior visiting scholar for one year, devoted to the research of economic theory.
