Principles of Modern Western Economics

Author: Li Shanmin
Publisher:
Publish Date: 2003-09-01
Features: Principles of Western Economics (2nd Edition) is suitable as a teaching material for faculty and students of economics and business management majors in colleges and universities, as well as a learning reference for a broad range of economic workers and business managers. This book was first published in March 1996 and was well-received by readers due to its fresh content. Based on recent changes in this discipline, the author has revised the book, now in its second edition. The book comprehensively and systematically introduces microeconomic theory and macroeconomic theory in Western economics. The content features the following: When introducing economic theories in Western economics, it strives to present them in an accessible manner, deriving key conclusions to deepen readers' understanding of the fundamental principles of Western economics. Tailored to the characteristics of business and management majors, the analysis of microeconomic theory is strengthened with a focus on consumer behavior theory, producer behavior theory, and market theory. In the macroeconomics section, the analysis of macroeconomic policy is enhanced to provide readers with a solid foundation for studying business and management knowledge. The discussions are concise and to the point, with review questions at the end of each chapter and answers to the calculation sections. This book is suitable as a teaching material for faculty and students of economics and business management majors in colleges and universities, as well as a learning reference for a broad range of economic workers and business managers.