Understanding Economic Equilibrium: Making Your Way Through an Interdependent World - Hardcover

Cunningham, Thomas J; Shaw, Mike

Hardcover

ISBN 10: 1637423926 ISBN 13: 9781637423929

Verlag: Business Expert Press, 2021

Inhaltsangabe

Understanding Economic Equilibrium reveals how all markets fit together, and how we as individuals fit into that bigger picture.

Economic agents all over the world are trying to maximize their returns given their efforts, resources, and opportunities. They come together in markets that ultimately allocate goods and services among many competing interests. We can readily see how individual markets behave; it's more difficult, but exponentially more important, to recognize the general equilibrium across all markets. Disturbances in one market have implications for others.

These interrelationships are particularly important to understand when policy changes are being considered where actions in one market will impose changes on other markets, and not always in obvious or pleasant ways. Understanding Economic Equilibrium reveals how all markets fit together, and how we as individuals fit into that bigger picture.

Details zur Ausgabe

• Verlag: Business Expert Press
• Erscheinungsdatum: 2021
• Sprache: Englisch
• ISBN 10: 1637423926
• ISBN 13: 9781637423929
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 222
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar