Principles and Practices of Economics

Author: Li Guozheng
Publisher:
Publish Date: 2006-08-01
Features: This textbook is the basic teaching material for students majoring in economic management and accounting in higher vocational schools to learn fundamental theories and skills of economics. The entire textbook includes demand, supply, and price equilibrium analysis; consumer theory and its applications; rational allocation of factors of production for firms; cost and revenue analysis; market structure and firm equilibrium; distribution theory and its applications; general equilibrium theory and welfare economics; market failures and microeconomic policies; indicators and methods of national income accounting; theories of national income determination and its applications; theories of unemployment and inflation; economic cycles and sustainable development; economic openness and foreign exchange theories; macroeconomic policies and their applications. Comprehensive exercises and assignments are provided at the end of each chapter to meet the needs of vocational ability training and assessment for students.