Economics. A Contemporary Introduction

Аннотация

Economics has a short history but a long past. As a distinct discipline, economics has been studied for only a few hundred years, yet civilizations have confronted the economic problem of scarce resources and unlimited wants for millennia. Economics, the discipline, may be centuries old, but it’s new every day, with fresh evidence that refines and extends economic theory. What could be newer than the financial crisis, the recession, and the policy responses to them? In this edition of Economics: A Contemporary Introduction, I draw on more than three decades of teaching and research experience to convey the vitality, timeliness, and relevance of economics.