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Basic Economics: A Common Sense Guide to the Economy
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KRW 56674
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Basic Economics is a citizen's guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations.
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What Stands Out
Product Details
- Bestselling citizen's guide to economics written by economist Thomas Sowell
- Explains general principles underlying different economic systems in readable language
- Shows how to critique economic policies in terms of the incentives they create
- Covers the entire field of economics, including rent control, businesses' rise and fall, and international balance of payments
- Includes a new chapter explaining reasons for large differences of wealth and income between nations
- Provides clear explanations of basic economic principles for the general public
| Publisher | Basic Books |
| Publication date | December 2, 2014 |
| Edition | 5th |
| Language | English |
| Print length | 704 pages |
| ISBN-10 | 9780465060733 |
| Item Weight | 2.31 pounds (1.05 kg) |
| Dimensions | 6.5 x 2.13 x 9.5 inches (16.5 x 5.4 x 24.1 cm) |
Who Should Buy?
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Students of Economics
Ideal for college students aiming to understand fundamental economic principles and theories in a clear and readable format.
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Business Professionals
Beneficial for professionals seeking to apply economic concepts in decision-making and strategic planning within businesses.
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General Readers
Suitable for laypersons interested in gaining a comprehensive understanding of economic concepts without complex jargon.
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Advanced Economists
Not suitable for experts seeking in-depth, technical analysis or advanced economic theories beyond basic concepts.
Product Description
Basic Economics: A Common Sense Guide to the Economy
About This Item
Introducing the Basic Economics Hardcover – December 2, 2014. This comprehensive book, authored by the esteemed Thomas Sowell, is a must-have for anyone seeking a deep understanding of economic concepts and principles. As a Senior Fellow at the Hoover Institution, Stanford University, Thomas Sowell brings a wealth of knowledge and expertise to his writing. With dozens of books under his belt and numerous accolades, including the prestigious National Humanities Medal, Sowell is a trusted authority in the field of economics. Whether you're a beginner looking to grasp the basics or an experienced professional seeking a refresher, Basic Economics is an essential resource.
This hardcover edition provides a thorough overview of key economic concepts, making complex theories accessible and engaging. Inside these pages, you will find a comprehensive exploration of economic principles, analysis, and research. Sowell's clear and concise writing style ensures that even the most complex topics are understandable and relatable. From supply and demand to market structures and policy implications, this book covers it all. Why choose Basic Economics? It is the best choice for those seeking a comprehensive and insightful guide.
This book offers an in-depth understanding of economics, making it suitable for students, researchers, and enthusiasts alike. Whether you need a reference for your economics class or a resource for personal study, Basic Economics delivers all the essential information you need. Gain a solid foundation in economic principles and sharpen your analytical skills with this invaluable resource. Don't miss out on the opportunity to own the Basic Economics Hardcover – December 2, 2014. Order your copy now and unlock the secrets of the economic world.
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Libertarianism Editorial Review
Basic Economics: A Common Sense Guide to the Economy is an essential read that demystifies economic concepts using straightforward language devoid of jargon. Through relatable examples like the impact of minimum wage laws and rent control, Sowell conveys how these policies can lead to unforeseen consequences. The book not only serves as an introductory guide for beginners but also challenges even seasoned thinkers to reconsider their views on economic issues critically. Its new edition features a chapter on global wealth disparities, enhancing understanding of complex topics related to geography and culture. Readers will find it a valuable tool for fostering economic literacy and informed decision-making in various aspects of life.
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Pros
- Offers clear and relatable examples of economic principles.
- Encourages critical thinking about policies and their impacts.
- Accessible to readers with no prior economics knowledge.
- Includes practical insights on global wealth disparities.
- Features a helpful Q&A section for quick refreshers.
Cons
- May leave readers feeling pessimistic about economic prospects.
Product Price History
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KRW 56674
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Features & Benefits
- Bestselling citizen's guide to economics
- Explains general principles of different economic systems
- Critiques economic policies based on incentives rather than goals
- Clear explanations of entire field
- New chapter on differences of wealth and income between nations
- Plain English for the general public
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