Contemporary Principles of Western Economics (4th Edition) [Capital University of Economics and Business Press]

Author: Ding Bing
Publisher:
Publish Date: 1988-08-18
Features: This textbook is designed for university teachers and students to study contemporary Western economic theories. 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 affecting the economic development of Western capitalism. It describes the emergence, evolution, and impact of various economic doctrines, as well as their general limitations on economic development. 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 covers macroeconomics, introducing theories such as national income analysis, employment theory and economic equilibrium, macroeconomic policies, inflation and unemployment, and economic fluctuations and growth. Target Audience: University teachers and students of economics and management, as well as theoretical researchers.