Assuming no prior knowledge of economics, this exciting new text focuses on the basic principles of micro and macroeconomics, giving the reader the tools to analyse any economic situation. The book is filled with topical examples that bring the subject to life, helping to show the relevance ofeconomics to real life situations such as why house prices are so high in the UK or the benefits of spending an extra hour on your assignment.This book will give the reader a solid foundation in order to understand the business environment or it can serve as the building blocks for further study in economics and business. The content is broken into short bite sized units and the theory is illustrated throughout with topical examples andshort case studies. There are a variety of pedagogical features throughout that allow readers to reflect on their learning and apply their understanding.ONLINE RESOURCE CENTREl For lecturers: PowerPoint slides, instructor/solutions manual and a multiple-choice test bank.For students: answers to review questions, self testing, web links and case study support.
After completing this text, students will have the foundational knowledge of how the economy works and can apply it to their lives going forward. MyLabTM Economics not included.
The book covers all the main economic concepts and addresses in detail three main areas: * consumption and choice * production and markets * government and the State.
This volume explains the relevance of economics for fulfilling the cultural mandate set forth in the first two chapters of Genesis, by demonstrating how economics can help us in our task to be fruitful and multiply and have dominion over ...
This is the ideal text for foundation degrees and non-specialist courses for first year undergraduates.
THE FIRST GERMAN edition of this book appeared in 1940. Since then the book has gone through five more editions and has been translated into Spanish and Italian. The present English translation is based on the sixth German edition.
This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science.
Foundations of Economics
This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models.
They want to understand the economic principles that can help them navigate these forces and guide their decisions. Foundations of Economics is our attempt to satisfy this want"--
NATIONAL ACCOUNTING and input-output dynamics are suggested to be extended to include also the production prices and production of human capital and of human time, by using a method of calculation indicated in detail in the book.