Basic economics : a common sense guide to the economy /
Sowell, Thomas,1930-author.
Credo Reference (Firm),distributor.
In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.
Mode of access: World Wide Web.
Includes index.
Includes bibliographical references.
Dedication -- Preface -- Acknowledgements -- Chapter 1. What is economics? -- Part I. Prices and markets: Chapter 2. The role of prices; Chapter 3. Price controls; Chapter 4. An overview -- Part II. Industry and commerce: Chapter 5. The rise and fall of businesses; Chapter 6. The role of profits - and losses; Chapter 7. Big business and government; Chapter 8. An overview -- Part III. Work and pay: Chapter 9. Productivity and pay; Chapter 10. Controlled labor markets; Chapter 11. An overview -- Part IV. Time and risk: Chapter 12. Investment and speculation; Chapter 13. Risks and insurance; Chapter 14. An overview -- Part V. The national economy: Chapter 15. National output; Chapter 16. Money and the banking system; Chapter 17. Government functions; Chapter 18. Government finance; Chapter 19. An overview -- Part VI. The international economy: Chapter 20. International trade; Chapter 21. International transfers of wealth; Chapter 22. An overview -- Part VII. Special economic issues: Chapter 23. Myths about markets; Chapter 24. "Non-economic" values; Chapter 25. The history of economics; Chapter 26. Parting thoughts -- Questions -- Sources.
In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.
Description based on title page of print version.
Economics.


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