Understanding Economic Equilibrium Making Your Way Through an Interdependent World.
Economic agents all over the world are trying to maximize their returns given their efforts, resources, and opportunities. They come together in markets that ultimately allocate goods and services among many competing interests. We can readily see how individual markets behave; it's more diffic...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Otros Autores: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
New York :
Business Expert Press,
2021.
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Temas: | |
Acceso en línea: | Texto completo |
Sumario: | Economic agents all over the world are trying to maximize their returns given their efforts, resources, and opportunities. They come together in markets that ultimately allocate goods and services among many competing interests. We can readily see how individual markets behave; it's more difficult, but exponentially more important, to recognize the general equilibrium across all markets. Disturbances in one market have implications for others. These interrelationships are particularly important to understand when policy changes are being considered where actions in one market will impose changes on other markets, and not always in obvious or pleasant ways. Understanding Economic Equilibrium reveals how all markets fit together, and how we as individuals fit into that bigger picture. The authors have prepared a Quick Quiz to Test Your Economics Savvy. But don't be concerned if you don't get a perfect score. You'll find the answers and all the supporting information in Understanding Economic Equilibrium. |
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Notas: | Description based upon print version of record. |
Descripción Física: | 1 online resource (224 p.) |
ISBN: | 1637420390 9781637420393 |