Basic Economics

Author: Chen Liangzheng
Publisher:
Publish Date: 2004-07-01
Features: This book primarily introduces the fundamental knowledge and basic principles of Western economics, including microeconomics and macroeconomics. The main content includes: demand, supply, and equilibrium price; consumer behavior theory; production theory; cost and revenue; firm equilibrium theory; distribution theory; market failure and government intervention; national income accounting; national income determination theory; unemployment and inflation; business cycles and economic growth; macroeconomic policies; macroeconomics in an open economy. Each chapter is followed by a summary, discussion questions, and practice exercises to facilitate self-study. This book is suitable for faculty and students of vocational and technical colleges in finance and economics, as well as for other reference purposes.