Western Economics

Author: Li Suping, Editor-in-Chief
Publisher:
Publish Date: 2006-08-01
Features: Western Economics is a fundamental discipline within the field of economics. As a comprehensive economic theory system, the core content of this book is composed of two parts: First, microeconomics, which aims at optimizing resource allocation and focuses on price determination, studies the formation of equilibrium prices, elasticity theory, consumer behavior, firm behavior, market structure, income distribution, etc. Second, macroeconomics, which aims at fully utilizing resources and focuses on the determination and changes in national income, studies the determination of equilibrium income, macroeconomic policies, inflation and unemployment, economic growth and business cycles, etc. This book is primarily aimed at vocational and technical college students and can also serve as a reference for self-learners. Breaking the limitation of overly theoretical economic textbooks in the past, this book incorporates new knowledge from contemporary economic development. It systematically and accurately explains Western economic theories while emphasizing the practicality of knowledge, the conciseness of content, and the rigor of structure. With the help of case studies, it highlights the timeliness and interesting features, adapting to the needs of cultivating applied talents in the 21st century.