Items related to First Lessons in Political Economy (Classic Reprint)

First Lessons in Political Economy (Classic Reprint) - Softcover

Francis Amasa Walker

 
9781440055331: First Lessons in Political Economy (Classic Reprint)

Synopsis

Learn the basics of wealth and how value shapes differently priced goods and services.

This accessible primer introduces the idea that political economy is the science of wealth and explains what wealth really is. It focuses on clear topics, practical examples, and how teachers can help students grasp important ideas in a classroom setting. The book presents value, cost of production, and the way markets influence prices, all in a way suitable for younger readers.

The work combines core ideas with concrete illustrations drawn from everyday experience, aiming to spark interest in economics while building real skills. It emphasizes step-by-step explanations, repeated key points, and connections between theory and real-world observations.

  • What wealth means and how it relates to value
  • How value helps explain prices and exchange
  • How production costs influence what we pay
  • How geography, resources, and human effort shape different industries

Ideal for readers beginning economics, especially students and curious learners who want a clear, applied introduction.

"synopsis" may belong to another edition of this title.