1st Edition

Introduction to the World Economy

By A J Brown Copyright 2003
214 Pages
by Routledge

214 Pages
by Routledge

216 Pages
by Routledge

Well constructed and thoroughly competent" - The Economist "It is refreshingly differentThe new-comer to economics who studies this book should find it an interesting and invigorating task" - Economic Journal This book introduces readers to some of the salient features and problems of the world economy and gives some indication of the main ways in which economists set about the task of... Read more
1. ECONOMIES AND THEIR OUTCOMES What an economy is 2. THE ESSENTIALS OF AN ECONOMY The vital processes, production, consumption, and investment 3. THE FLOWS OF MONEY The circular flow 4. HIGH AND LOW PRODUCTIVITY Farm incomes and decreasing returns 5. WHAT DETERMINES PRICES? The free markets 6. GOOD & POOR LIVINGS Productivity, prices, and incomes 7. HOW ECONOMIES GROW The products of the great Powers 8. THE BALANCE OF OCCUPATIONS Farm population and productivity 9. THE ROOTS OF SPECIALIZATION Degrees of self-sufficiency 10. THE PATTERN OF INTERNATIONAL TRADE The growth of trade 11. THE HAZARDS OF ECONOMIC LIFE Natural causes 12. THE ORGANIZATION OF THE WORLD ECONOMY The end of laissez-faire

Biography

A J Brown