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Synopsis
Understand how markets price goods and allocate resources. This clear, foundational guide explains the ideas behind modern economics in plain language.
In this edition, you’ll see how economists describe productive activity, the flow of goods, and how decisions by individuals shape wealth. It covers topics like demand and value, supply and price, and how capital, labor, and land interact in markets. The book ties theory to real-world issues, showing how changes in demand, supply, and costs influence what people buy and sell.
- Key economic concepts explained in accessible terms
- How prices emerge from supply, demand, and marginal costs
- The roles of capital, labor, and land in production and distribution
- Practical implications for markets, policy, and everyday decisions
Ideal for readers seeking a solid, early foray into economic reasoning and market thinking.
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Economic Principles Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9780656351893
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Economic Principles Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9780656351893
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