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Book Summary of Economics: The Basics
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 economic slowdown in Japan, it addresses questions such as whether increasing wealth for some always means increasing poverty for others, and whether producing more food for humankind means we drive other species to extinction. Comprehensive and easy to read, it is essential reading for anyone who wants to understand how economics works and why it is important.
Concise Blurb:
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 issues such as:
- Whether economic growth is always bad for the environment
- What impact multinational companies and the WTO haveon developing countries
- How price, markets, supply and demand interact across the world
- How money comes to have worth, and how this can be regulated
- How unemployment affects 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.
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? isbn
9780415314121
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Pages : 231
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