Economics (Barron's Business Review Series)
Barron'sBusiness Review Booksmake fine supplements to college textbooks. They are also popular as main texts in adult education courses and business brush-up programs. This new edition ofEconomicsdefines and distinguishes between macroeconomics and microeconomics. It discusses the law of supply and demand, which is fundamental to understanding economic principles. A Macroeconomics section covers national output, inflation, types and costs of unemployment, aggregate demand and supply, the Keynesian model, fiscal and monetary policy, open-market macroeconomics, and more. Microeconomics topics covered include monopolies, forces that promote competition, game theory, labor markets and unions, economic profits, government spending and taxation, and more. This book contains question-and-answer sections in each chapter.FIFTH EDITION