Principles of Economics (Second Edition)

Author: Wu Hanhong (Compiler)
Publisher:
Publish Date: 2005-06-01
Features: Everyone thinks about economic problems, but economists approach these problems in a unique way. This book introduces the methods economists use to think about issues and how individuals, businesses, and governments make choices under conditions of resource scarcity. It presents the basic theories of Western economics—including macroeconomics and microeconomics—in a simple and clear manner, making it suitable as an introductory textbook for self-study in economics or as a foundational training material. The book introduces the fundamental concepts, principles, and methods of economics in a step-by-step and progressive way, selecting problems frequently encountered in readers' daily lives to analyze and explain them from an economic perspective. It is an excellent textbook.