Basic Economics

Author: Deming
Publisher:
Publish Date: 2005-08-01
Features: This book starts with the behavior of economic entities such as residents and manufacturers, closely linking with real-world economic life, and explains the basic theories, analytical methods, and practical applications of modern economics in an accessible and vivid manner. The book has a complete and clear structure, reflecting both the systematic knowledge of economics and its practicality. The language style is easy to understand, the narrative is concise and lively, and the organization is well-structured. The book is divided into 10 chapters, including an overview, the economic behavior of residents, the economic behavior of manufacturers, market structure and its operation, factor markets and income distribution, market failures and microeconomic policies, the measurement and determination of macroeconomic levels, prices and employment, macroeconomic policies, and open economies. To enhance teaching persuasiveness and engagement, the book extensively uses tables, case studies, and other supplementary teaching materials. Additionally, each chapter is composed of five parts: the main objectives of the chapter, the main text, a summary of the chapter, case studies or background materials for the chapter, and exercises for the chapter. The diverse formats provide readers with a three-dimensional visual experience, making the book rich in information and highly readable. This book is suitable as a general foundational textbook for economics and management majors in applied undergraduate universities, higher vocational colleges, and adult colleges. It can also serve as a primary textbook for non-economics and management majors in universities seeking to elect economics courses, or as a reference book for relevant professionals.