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Political Economy
Paperback
EconomicsGeneral Political Science
ISBN13: 9780631233343
Publisher: John Wiley & Sons
Published: Oct 14 2003
Pages: 448
Weight: 1.75
Height: 1.30 Width: 6.78 Depth: 9.68
Language: English
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.
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