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THE ECONOMY TODAY
This fifth edition of The Economy Today responds fully to these challenges. Both the appeal and the shortcomings of central planning are vividly assessed in a new chapter on the collapse of communism. Market and command economies are compared throughout the text, in areas as diverse as commodity pricing, labor relations, environmental protection, and trade.These perspectives are reinforced with a basic issue that recurs through the entire text, namely, the alternate risks of market failure and government failure. This same theme is apparent in the new chapter on financial markets, which focuses on the economic functions of stock, bond, and futures markets.
The Economy Today doesn't just follow the headlines. Pedagogy changes as well. We all try to make every lecture a little better, every test a bit more discriminating. The fifth edition strives for the same kinds of improvement.The Economy Today seeks to make the study of economics as dynamic and exciting as the world economy itself.
10000274 | 330 SCH e 5th | RLC MM (Rak Buku Wajib) | Available |
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