Western Economics

Author: Sun Jianzhong
Publisher:
Publish Date: 2002-01-01
Features: This book summarizes the complex theories of Western economics into two key points: microeconomics demonstrates Adam Smith's "invisible hand" principle, while macroeconomics argues how aggregate supply and aggregate demand achieve equilibrium at full employment. Using the market as the main thread, the book systematically and clearly introduces the main content of Western economics. Rich charts and concise, highly organized explanations make the book both rigorous and innovative, as well as easily accessible and understandable for readers. This book can serve as a textbook for introductory economics courses in higher education institutions and is also suitable for reference use by a broad range of economic professionals.