Understanding Economic Equilibrium : Making Your Way Through an Interdependent World
Language: English
Published by Business Expert Press, 2021
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
AbeBooks seller since August 14, 2006
Condition: New
£ 39.30
Quantity: 2 available
Add to basketItem description from seller
Seller Inventory # 9781637423929
- Title
- Understanding Economic Equilibrium : Making Your Way Through an Interdependent World
- Author
- Thomas J. Cunningham
- Publisher
- Business Expert Press
- Publication year
- 2021
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 1637423926
- ISBN 13
- 9781637423929
- Item weight
- 479 grams
- Dimensions
- 235x157x17 mm
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.
"Synopsis" may belong to another edition of this title.
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