Modern Western Economics Tutorial Exercises and Guidance

Author: Liu Junmin
Publisher:
Publish Date: 2003-04-01
Features: As part of the process of learning Western economics, beginners need to do a lot of exercises to better master the principles of economics and some basic analytical methods. This exercise book provides fundamental practice for mastering the principles and methods of economics. The book is organized in the order of chapters in the designated textbook, with each chapter divided into three parts: content summary, comprehensive exercise set, and exercise answers. Its features include comprehensive content, a large number of exercises, and complete answers. The author, with years of experience in teaching and guiding Western economics tutorials, has compiled this book. It adopts a micro-first, then macro approach to explain the basic theories, main contents, and methods of Western economics in an accessible manner. It introduces concepts such as the theory of equilibrium price, consumer behavior theory, production theory, distribution theory, and the theory of national income determination, as well as analyzing issues like unemployment and inflation coexisting in Western societies, economic growth, business cycles and fluctuations, macroeconomic policies, and national income balance under open economic conditions. The author provides a fair critique and scientific evaluation of Western economic theories, which helps young readers in China understand and assess the basic state of Western economics.