Economics, private and public choice /
Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incenti...
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| Format: | eBook |
| Language: | English |
| Published: |
New York :
Academic Press,
[1976]
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | Economics: Private and Public Choice is an aid for students and general readers to develop a sound economic reasoning. The book discusses several ways to economic thinking including six guideposts as follows: (i) scarce goods have costs; (ii) Decision-makers economize in their choices; (iii) Incentives are important; (iv) Decision-makers are dependent on information scarcity; (v) Economic actions can have secondary effects; and (vi) Economic thinking is scientific. The book explains the Keynesian view of money, employment, and inflation, as well as the monetarist view on the proper macropolicy. |
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| Physical Description: | 1 online resource (xxi, 656 pages) : illustrations |
| Bibliography: | Includes bibliographical references (pages 631-637) and index. |
| ISBN: | 9781483264301 1483264300 |