Author: MOHD SHAHIDAN SHAARI, NOORAZEELA ZAINOL ABIDIN, NOR HIDAYAH HARUN, NOR FADZILAH ZAINAL
Size: 6 inch x 9 inch
Economics is a concise and straightforward introduction specially for non-economics students, and it was prepared to assist new economics learners and also for those who require an understanding of the basic economic principles. This book was purposely designed to explain economics knowledge through theoretical application that uses simple language and punctuated with current statistics and comprehensible examples. The book comprises two branches: Microeconomics focuses on the decisions made by individual economic agents within the economy; like households, firms, and government, while Macroeconomics looks at the economy as a whole. The book consists of 10 chapters.The first 6 chapters provide the students to view economics from the micro perspective and the remaining chapters are from a macroeconomics perspective. Microeconomics chapters include topics on Fundamental Economics, Demand and Supply, Market Equilibrium, Theory and Cost of Production, and Market Structures such as perfect competition, monopoly, monopolistic, and oligopoly. Macroeconomics focuses on broad chapters, such as business cycle, national income accounting, unemployment, and inflation. Readers can be assured of completing this book with a clear grasp on both branches of economics. Besides, each chapter is accompanied by a set of exercise that include structured and multiple choice questions to strengthen students understandings on this subject.