Principles of Contemporary Western Economics

Author: Ding Bing
Publisher:
Publish Date: 2004-02-01
Features: This book primarily elaborates on the principles of contemporary Western economics. The entire book is divided into two parts: Microeconomics and Macroeconomics. Its content includes: the general theory of supply and demand, consumption theory, production theory, cost and profit maximization, market theory, distribution theory, general equilibrium and Pareto optimality, national income analysis, macroeconomic employment theory and economic equilibrium, macroeconomic policies, inflation and unemployment, economic fluctuations and growth, and more. Currently, our country is in a new era of socialist modernization. To adapt to the requirements of this new era, our education needs to be oriented towards modernization, the world, and the future. Therefore, we should adopt a serious attitude towards Western academic thought, including Western economics. However, Western economics differs fundamentally from Marxist economics in principle, which raises the question of how to guide our evaluation of Western economics with Marxist principles, to assess it realistically and make it serve China's economic construction.