Copyright © 2003 by Dan Usher
Editor(s): Dan Usher
Published Online: 17 DEC 2007
Print ISBN: 9780631233336
Online ISBN: 9780470752210
About this Book
This thought-provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods; the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas and patents; and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism; and the mutual dependence of markets, voting, public administration and law.
- Relies largely on stories and paradigms to convey important economic concepts.
- Explains basic economic concepts from a political perspective and explores political topics from an economic perspective.
- Covers topics such as the price mechanism, demand and supply curves, redistribution of income, anarchy, voting and public administration.