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.
Ideal for readers beginning economics, especially students and curious learners who want a clear, applied introduction.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book explores the fundamental principles of economics, a discipline that concerns itself with wealth and how it is produced, distributed, and consumed. The author begins by defining wealth as any object that has value and can be exchanged for labor or other goods. The author then delves into the concept of value, explaining that it is determined by the usefulness of an object and the difficulty in obtaining it. The book highlights the role of land, labor, and capital in the production of wealth, emphasizing that the availability of these resources is limited and can lead to diminishing returns in agriculture. The author explores the complex relationship between the production of goods and the distribution of wealth, arguing that the desire for wealth is not inherently negative but can drive individuals to contribute to society through innovation and economic growth. Ultimately, the book provides a comprehensive understanding of the forces that shape economic outcomes, offering valuable insights for anyone seeking to navigate the complexities of the modern economy. 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 # 9781440055331_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781440055331
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781440055331
Quantity: 15 available