This book drills down beneath the macro-picture to explore the decision making processes within firms that drive the growth of an economy but pose challenges for regulators, how trade policy decisions can fail to deliver the best outcomes, and the ethical questions and trade-offs that policymakers face in deciding what sort of society they should foster. It will help you to develop an understanding of the theory of the firm and the working of markets. Armed with these classic microeconomic tools, an exciting analysis unfolds that reveals how global trade and the pursuit of growth creates imbalances that may have caused the 2008 marcoeconomic crisis and may be fuelling increasing inequalities at the mico-level that further destabilise the macroeconomy.
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