Principles of Western Economics (New Edition)

Author: Zhang Changyu, Han Qi (editors)
Publisher:
Publish Date: 2002-10-01
Features: The book is divided into three parts. The first part covers microeconomics, introducing its fundamental principles such as demand, supply, and equilibrium price theory, consumer theory, production theory, firm theory, distribution theory, and microeconomic policy. The second part covers macroeconomics, similarly introducing its fundamental principles, theories of inflation and unemployment, macroeconomic policy, and theories of economic growth and cyclical fluctuations. The third part is an appendix, which includes a syllabus and exercises added in this revision to make it easier for teachers to prepare lessons. Teachers can tailor their teaching according to the syllabus based on the needs of their students. Among all the theories in this book, emphasis is placed on introducing the basic concepts, theories, and methods of modern Western economics. This book serves as an introductory reader and textbook on the principles of Western economics. Chapters 1 to 7 are written by Zhang Changyu, while Chapters 8 to 14 are written by Han Qi.