Publisher's Synopsis
A thoughtful and comprehensive guide to Economics with crystal-clear summaries and explanations
Books in this series are designed for classroom use, summarizing key concepts and presenting review questions with answers and explanations. This new edition:
- Defines economics
- Demonstrates the uses of graphs
- Discusses the law of supply and demand
- Covers macroeconomics topics including national output, inflation, unemployment, aggregate demand and supply, the Keynesian model, monetary policy, and more
- Covers microeconomics topics including monopolies, forces that promote competition, game theory, labor markets and unions, government spending and taxation, and more.