- 478 pages
- English
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Introduction to Economics
About This Book
Introduction to Economics, Sixth Edition gives a general and nonmathematical introductory approach to the field of economics. The monograph also updates the reader with economic issues over the years and modern economic analysis. The book is divided into seven parts. Part I includes basic topics such as the aim and purpose of economics; production, consumption, and trade; and the factors of production. Part II discusses industrial organization; growth, transformation, and development; localization of industry; and large-scale production. Part III tackles the dynamics of supply and demand, while Part IV talks about the distribution of income, wages, interest, and profit. Part V deals with the national income; expenditure, production, and income in a closed economy; and inflation. Part VI discusses international trade and finance, and Part VII covers the establishment of economic policies and its inherent problems. The text is recommended for economics students who need a good foundation of different principles and concepts in economics as well as their real-world applications.
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Table of contents
- Front Cover
- Introduction to Economics
- Copyright Page
- Table of Contents
- Preface
- List of Figures
- List of Tables
- Part I: Introductory
- Part II: Industrial organization
- Part III: Supply and demand
- Part IV: The distribution of income
- Part V: Income, employment and money
- Part VI: International trade and finance
- Part VII: Economic policy
- Appendix: Sources of British economic statistics
- Index