Economics: A Very Short IntroductionEconomics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global approach with examples from everyday life, Partha Dasgupta describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. He compares the obstacles facing them, and the processes that shape their lives, their families, and their futures. He shows how economics uncovers these processes, finds explanations for them, and how it forms policies and solutions. Along the way, Dasgupta provides an intelligent and accessible introduction to key economic factors and concepts such as individual choices, national policies, efficiency, equity, development, sustainability, dynamic equilibrium, property rights, markets, and public goods. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable. |
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able adopt agreement annual assets average Becky’s world behaviour beliefs benefits candidates capital capital assets Chapter commodity communities consumption contracts cooperation costs countries course create decline demand desire Desta’s world discount don’t earlier economic economists enables enforced enjoy equal equilibrium estimate example expected explain externalities face factor fertility figure firms future grim growth household human ideal income increase institutions interest investment involves knowledge less living markets matter means measured models natural offer parents party person policies political poor population positive possible problem production productive base purchase rank reason regard relationships rich risks rule saving Science share social society supply suppose Table things trust unit village voting wealth well-being