Economics: A Concise Introduction

The book begins with three comprehensive chapters on: > Business Finance.> International Economics (macroeconomics).> Microeconomics (national economics).Next come chapters on economic models and methodologies that are new, or not found in most books on economics: > Time stepping models of national economies.> The Liquid Money Supply and Interest Sensitive Expenditure curves, using the equations for these to show that increasing official interest rates increase inflation, as intuition suggests.> Input-output analysis, a matrix model of the business sector.> An 'inverted' supply and demand model for manufactured products (the original model applying to commodities).> Three chapters on globalization and other key current issue