Contemporary Western Economics Principles - (4th Edition)

Author: Ding Bing
Publisher:
Publish Date: 2004-02-01
Features: This textbook is designed for university and college teachers and students to study contemporary Western economic theory. Based on long-term theoretical research and teaching practice, the author provides an in-depth yet accessible explanation of theories that have influenced or are currently impacting the economic development of Western capitalism. It outlines the emergence, evolution, and effects of various economic doctrines, as well as their limitations. The book is divided into two parts. The first part covers microeconomics, introducing theories such as supply and demand theory, consumer theory, production theory, market theory, general equilibrium and Paretoefficiency theory, and distribution theory. The second part focuses on macroeconomics, covering theories including national income analysis, employment theory and economic equilibrium, macroeconomic policies, inflation and unemployment, and economic fluctuations and growth. Target Audience: University and college students and teachers in economics and management, as well as theoretical researchers.