Microeconomics

Author: Chen Rongyao
Publisher:
Publish Date: 2002-09-01
Features: A nation cannot do without economic scientific thinking, just as it cannot do without economic activities. The study and research of economic science, as well as the explanation and guidance of economic theory on economic activities, hold special significance and value for the long-term progress and prosperity of a nation. Economics is, in essence, the study of comparison between cost and utility, exploring how to achieve the largest returns with the least input, thereby meeting the ever-growing material and cultural needs of people. Economics is also a "dull science," as its deductive process is highly abstract and rationalized. Modern economics not only employs a large number of graphs and mathematical formulas but also rarely uses vivid emotional descriptions and subjective value judgments, making it easy for people to feel overwhelmed by its "dullness" and turn away.