The American Economy
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The American Economy : How it Works and How it Doesn't

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Description

This groundbreaking principles of economics text is devoted to explaining basic economics with an issues and policy focus to undergraduates in survey and other introductory economics courses. It offers the optimal blend of theory, issues, and policy analysis, and covers micro-, macro, and international aspects of America's economy.show more

Product details

  • Paperback | 448 pages
  • 202 x 246 x 26mm | 920.79g
  • Taylor & Francis Inc
  • M.E. Sharpe
  • Armonk, United States
  • English
  • 0765627582
  • 9780765627582
  • 2,207,749

Table of contents

This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.show more