Economics : the basics
This textbook presents the basics of economics with the intention of developing students' economic literacy and focusing on translating economics into an easily understood language. Economics is the social science that studies the production, distribution, and consumption of goods and services....
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Book |
| Published: |
Boston :
McGraw-Hill Irwin,
©2009.
|
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This textbook presents the basics of economics with the intention of developing students' economic literacy and focusing on translating economics into an easily understood language. Economics is the social science that studies the production, distribution, and consumption of goods and services. In addition to presenting the basic tools of economics, this volume covers the fundamentals of the markets and the 21st century global market economy. In a market, buyers and sellers come together -- not necessarily in the same place -- to voluntarily exchange goods and services for money. The author also demonstrates the ways in which the possibilities of today's economy are expanding. He explains why businesses are limited in what they can produce by technology and by their past investments in factories, processes, and materials and why whole countries remain poor and thus limited in their economic capabilities |
|---|---|
| Physical Description: | xxi, 481 [42] p. : col. ill. ; 26 cm. |
| Bibliography: | Includes index. |
| ISBN: | 9780073523118 |