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  • © 2019

The Principle of Trading Economics

Authors:

  • Introduces the visual economic landscape of trading economics

  • Reveals realistic realistic economic activities within trading economics

  • Shows how the concept of time is entrenched in trading economics

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Table of contents (26 chapters)

  1. Front Matter

    Pages i-lxxxii
  2. Agent Behavior

    1. Front Matter

      Pages 1-1
    2. Trading Agent

      • Zhenying Wang
      Pages 3-50
    3. Agent Description

      • Zhenying Wang
      Pages 51-83
    4. Trading Process

      • Zhenying Wang
      Pages 85-127
    5. Trading Environment

      • Zhenying Wang
      Pages 129-158
    6. Use of Information

      • Zhenying Wang
      Pages 159-190
    7. Trading Decisions

      • Zhenying Wang
      Pages 191-233
    8. Pricing of Trading

      • Zhenying Wang
      Pages 235-270
    9. Trading Stochastic Equation

      • Zhenying Wang
      Pages 271-286
  3. System Operation

    1. Front Matter

      Pages 287-287
    2. Trading Network

      • Zhenying Wang
      Pages 289-314
    3. Network Compactness

      • Zhenying Wang
      Pages 315-337
    4. Trading Loop

      • Zhenying Wang
      Pages 339-366
    5. Trading Potential

      • Zhenying Wang
      Pages 367-384
    6. State Distribution

      • Zhenying Wang
      Pages 385-411
    7. Trading Network Equation

      • Zhenying Wang
      Pages 413-435
    8. System Equation

      • Zhenying Wang
      Pages 437-461
    9. Economic Growth

      • Zhenying Wang
      Pages 463-507
    10. Price Level

      • Zhenying Wang
      Pages 509-540

About this book

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. 

Authors and Affiliations

  • Shanghai Gold Exchange, Shanghai, China

    Zhenying Wang

About the author

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.


Bibliographic Information

  • Book Title: The Principle of Trading Economics

  • Authors: Zhenying Wang

  • DOI: https://doi.org/10.1007/978-981-15-0379-5

  • Publisher: Springer Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: Springer Nature Singapore Pte Ltd. 2019

  • Hardcover ISBN: 978-981-15-0378-8Published: 09 December 2019

  • Softcover ISBN: 978-981-15-0381-8Published: 10 January 2021

  • eBook ISBN: 978-981-15-0379-5Published: 23 November 2019

  • Edition Number: 1

  • Number of Pages: LXXXII, 808

  • Number of Illustrations: 113 b/w illustrations, 1 illustrations in colour

  • Topics: Macroeconomics/Monetary Economics//Financial Economics, Trade

Buy it now

Buying options

eBook USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 99.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access