E-Book Overview
<EM>Economics: The Basics provides a fascinating introduction to the key issues in contemporary economics. With case studies ranging from the coffee plantations of El Salvador to the international oil industry and the economic slowdown in Japan, it addresses fundamental questions such as: *Must increasing wealth for some mean increasing poverty for others? *Does producing more food for humankind mean we drive other species to extinction? *Is it true that, if we buy less coffee, farm incomes from Brazil to Kenya take a beating? *Is granting people property rights the best way to preserve fish and wildlife stocks? *Do we really have to choose between low unemployment and low inflation? Comprehensive and easy to read, this accessible guidebook is essential reading for anyone who wants to understand how economics works and why it is important.
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ECONOMICS T H E B AS I C S
Economics: The Basics provides a fascinating introduction to the key issues in contemporary economics. Comprehensive and easy to read, it covers major microeconomic and macroeconomic aspects including: ● ● ● ● ● ●
demand, supply and price theory; monopoly and competition; inflation and unemployment; money, banking and government policies; international trade; developmental and environmental issues.
Through case studies ranging from the coffee plantations of El Salvador to the international oil industry and the economic slowdown in Japan, this book addresses the fundamental theoretical and practical issues in economics. This accessible guidebook is essential reading for anyone who wants to understand how economics works and why it is important. Tony Cleaver is Vice-Master of Grey College and lecturer in the Department of Economics and Finance at the University of Durham, UK.
© 2004 Tony Cleaver
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