Western Economics Tutorial

Author: Liu Junmin
Publisher:
Publish Date: 2003-04-01
Features: As part of the process of learning Western economics, beginners need to do a lot of exercises to better grasp the principles of economics and some basic analytical methods. This exercise book provides fundamental practice for mastering the principles and methods of economics. The book is organized in the order of chapters from the designated textbook, with each chapter divided into three parts: content summary, comprehensive exercise set, and exercise answers. Its features include comprehensive content, a large number of questions, and complete answers. The author, with years of experience in teaching and guiding Western economics tutorials, has compiled this book. It adopts a micro-first, then macro approach to explain the basic theories, main content, and methods of Western economics in an accessible manner. It covers topics such as the theory of equilibrium price, consumer behavior theory, production theory, distribution theory, and the theory of national income determination. It also introduces and analyzes phenomena such as unemployment and inflation coexisting in Western societies, economic growth, business cycles and fluctuations, macroeconomic policies, and national income balance under open economic conditions. The author provides a fair critique and scientific evaluation of Western economic theories, which helps young readers in China understand and assess the basic state of Western economics.