Book details
Economics: Principles in Action
Description
Economics: Principles in Action by Arthur O'Sullivan is a comprehensive guide to the fundamental concepts of economics. The book is designed to provide students with a clear understanding of economic principles and how they apply to real-world situations. It covers a wide range of topics including supply and demand, market structures, fiscal policy, monetary policy, international trade, and economic development. The text combines theoretical models with practical examples to help readers grasp the complexities of economic systems and the forces that shape them. It also emphasizes the role of economic decision-making by individuals, businesses, and governments and the impact of those decisions on economic outcomes. The book aims to equip students with the analytical tools necessary to understand economic issues and to encourage critical thinking about the economic challenges facing society.
Age
14-18
Text complexity
advanced
Length
96 pages
Why to read
- Comprehensive Understanding: 'Economics: Principles in Action' provides a thorough introduction to the fundamental concepts of economics, allowing readers to gain a comprehensive understanding of both micro and macroeconomic principles and how they apply to real-world situations.
- Practical Application: The book is known for its ability to translate complex economic theories into practical applications, helping readers to understand how economic decisions affect their daily lives and the world around them.
- Educational Foundation: For students and educators, this book serves as an excellent educational resource that aligns with many economics curricula, offering clear explanations, relevant examples, and end-of-chapter questions that reinforce learning and critical thinking skills.
- Authoritative Insight: Authored by Arthur O'Sullivan, an esteemed economist, the book provides authoritative insights into economic concepts, backed by current research and examples, making it a reliable source for anyone looking to deepen their knowledge of economics.