Principles of Economics (Part 1) Microeconomics

Author: Carl E. Kays et al.
Publisher:
Publish Date: 2003-05-18
Features: Principles of Economics, co-authored by Professor Carl E. Kays of Wellesley College and Professor Phil of Yale University, is one of the widely adopted economics textbooks in universities across the United States. Over 1 million students in the U.S. have used this textbook. Both authors hold Ph.D. degrees in economics from Harvard University and the Massachusetts Institute of Technology, respectively, and are renowned economists. The book is divided into two volumes, with microeconomics forming the first volume and macroeconomics and international economics comprising the second volume. The second volume consists of 17 chapters, which introduce the fundamental theories of macroeconomics and international economics in extremely simple and easy-to-understand language. It elaborates on the concepts of macroeconomics, macroeconomic analysis, and numerous issues in the world economy using extensive empirical materials and rich illustrations.