An Introduction to the Market System
The overriding objective of this text is to help students understand the economic context in which they play out their personal and professional lives, both in the United States and in the world. It seeks to overcome the indifference of non-economics majors at the college level.
- Paperback | 480 pages
- 152.7 x 228.3 x 31.8mm | 885.81g
- 01 Feb 2000
- Taylor & Francis Ltd
- London, United Kingdom
- figures, tables, index
Back cover copy
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.