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Books > Business & Economics > Economics > Economic systems
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An Introduction to the Market System (Paperback, illustrated edition)
Loot Price: R1,166
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An Introduction to the Market System (Paperback, illustrated edition)
Expected to ship within 12 - 19 working days
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Designed to meet the special needs and interest level of
non-economics majors at the undergraduate level, this "principles
of economics" textbook makes two important modifications to the
traditional introductory approach. First, the author emphasizes the
operation of the economy as a system, so that contemporary problems
are examined in the broader context of the system that gives rise
to them, which in our case is a "market" system. This emphasis is
particularly important since so many nations are shifting to
market-oriented economies. Second, precisely because economic
theory is important, the author is selective and purposeful in its
inclusion and introduces it only when it contributes positively to
the student's understanding -- not in all its refinements, and not
for its own sake. The overriding objective of this text, therefore,
is to help students understand the economic context in which they
will play out their personal and professional lives, both in the
United States and in the world.
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