An introduction to economic analysis of a modern mixed economy, including the roles of government. The microeconomics part analyzes individual consumers and producers and the market price system. The macroeconomics part examines the functioning of the economy as a whole, including determination of national income, price level, interest rates, money supply, and balance of payments.
An introduction to economic analysis of a modern mixed economy, including the roles of government. The microeconomics part analyzes individual consumers and producers and the market price system. The macroeconomics part examines the functioning of the economy as a whole, including determination of national income, price level, interest rates, money supply, and balance of payments.
