000 02087nam a2200217 4500
005 20251003143447.0
020 _a9780073523118
_cTZS 10,000/=
040 _aMCCL
_beng.
_eAACR 2end rev.ed.
082 _a330 MAN
100 _aMandel Michael J.
245 _aEconomics : the basics
_c/ Michael J. Mandel
260 _aBoston :
_bMcGraw-Hill Irwin,
_c©2009.
300 _axxi, 481 [42] p. :
_bcol. ill. ;
_c26 cm.
504 _aIncludes index.
505 _aIntroduction Demand and supply : the basics of the market economy Market equilibrium and shifts How businesses work Competition and market power Government and the economy The first step into macroeconomics Inflation Growth Business cycles, unemployment, and inflation FIscal policy The financial markets The international trade Technological change Economics of the labor market The distribution of income Delving deeper into microeconomics Delving deeper into macroeconomics Economics of retirement and health care Economics of energy, the environment, and global climate change
520 _aThis textbook presents the basics of economics with the intention of developing students' economic literacy and focusing on translating economics into an easily understood language. Economics is the social science that studies the production, distribution, and consumption of goods and services. In addition to presenting the basic tools of economics, this volume covers the fundamentals of the markets and the 21st century global market economy. In a market, buyers and sellers come together -- not necessarily in the same place -- to voluntarily exchange goods and services for money. The author also demonstrates the ways in which the possibilities of today's economy are expanding. He explains why businesses are limited in what they can produce by technology and by their past investments in factories, processes, and materials and why whole countries remain poor and thus limited in their economic capabilities
546 _aeng.
650 _aEconomics
700 _aMandel Michael J
942 _cBK
999 _c11744
_d11744