Economics in Life (Second Edition)

Author: Mao Yushi
Publisher:
Publish Date: 2003-05-01
Features: This book consists of 44 topics, each forming a complete system. The author uses experiences that everyone might have to explain basic theories such as national economic accounting, aggregate equilibrium, inflation, price and resource allocation, external effects, and international trade. It particularly emphasizes the discussion of economic systems and transaction costs, paying attention to introducing the cultural, legal, and moral concepts of a market economy, which are the foundation for the observance of market rules. It guides readers to think and analyze, savor the essence, and thus enables them to grasp the economics they can master.

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