Publisher's Synopsis
Economics for Know-It-Alls is a reference guide to help readers understand the social science of economics which is the study of production, distribution, and the consumption of goods and services. This publication covers a wide range of issues related to economics and the economy including the differences between microeconomics and macroeconomics, mathematical economics, national accounting and econometrics. This work also includes information on different fields of economics including economic systems, game theory, financial economics, industrial organization, labour economics, managerial economics, public finance, and the economics of welfare. Economic concepts discussed include supply and demand, prices and quantities and marginalism. This economic publication also discusses different economic types including classical, marxist, neoclassical, and keynesian among other approaches of economic thought. Economics for Know-It-Alls is highly recommended for those who are interested in learning more about economics and its related concepts.