Synopsis
This book provides an introduction to the field of economics, a social science focused on human economic activities. It starts with the basic concepts and principles, and then delves into the different stages of economic development, from the independent household economy to the modern factory system. The author explains how we consume goods and services to satisfy our wants, and how the law of diminishing utility affects our consumption patterns. The book also examines the concepts of value in use and value in exchange, and discusses the law of demand and elasticity of demand. Additionally, it explores the concept of future wants and the relationship between wealth and income, as well as classifying expenditures into necessaries, comforts, and luxuries. This book offers valuable insights into the fundamental principles of economics, making it an ideal resource for students, professionals, or anyone interested in gaining a deeper understanding of this vital field.
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Introduction to Economics (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book provides an introduction to the field of economics, a social science focused on human economic activities. It starts with the basic concepts and principles, and then delves into the different stages of economic development, from the independent household economy to the modern factory system. The author explains how we consume goods and services to satisfy our wants, and how the law of diminishing utility affects our consumption patterns. The book also examines the concepts of value in use and value in exchange, and discusses the law of demand and elasticity of demand. Additionally, it explores the concept of future wants and the relationship between wealth and income, as well as classifying expenditures into necessaries, comforts, and luxuries. This book offers valuable insights into the fundamental principles of economics, making it an ideal resource for students, professionals, or anyone interested in gaining a deeper understanding of this vital field. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330257401_0
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Introduction to Economics Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330257401
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Introduction to Economics Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330257401
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