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Economics

Economics - 5th edition

ISBN13: 978-0764147609

Cover of Economics 5TH 12 (ISBN 978-0764147609)
ISBN13: 978-0764147609
ISBN10: 0764147609 Edition: 5TH 12
Copyright: 2012
Publisher: Barron's Educational Series
Published: 2012
International: No

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Economics - 5TH 12 edition

ISBN13: 978-0764147609

Walter J. Wessels

ISBN13: 978-0764147609
ISBN10: 0764147609 Edition: 5TH 12
Copyright: 2012
Publisher: Barron's Educational Series
Published: 2012
International: No
Summary

Books inBarron's Business Review Seriesare intended mainly for classroom use. They define and explain terms, summarize key concepts, and present review questions with answers and explanations. This updated edition defines and distinguishes between macroeconomics and microeconomics. It demonstrates the uses of graphs and discusses the law of supply and demand, which is fundamental to understanding economic principles. A Macroeconomics section covers topics that include national output, inflation, types and costs of unemployment, aggregate demand and supply, the Keynesian model, fiscal and monetary policy, open-market macroeconomics, and more. Microeconomics topics covered include monopolies, forces that promote competition, game theory, labor markets and unions, economic profits, government spending and taxation, and more.

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