Outline of Economics (Classic Reprint) - Couverture souple

Emily Greene Balch

 
9781332596690: Outline of Economics (Classic Reprint)

Synopsis

Explore the building blocks of how economies run, from resources to rewards. This clear introduction presents the big ideas behind production, consumption, distribution, and the role of government in shaping markets. It focuses on the questions that drive economic decision making, with practical explanations of why prices, wages, and profits move the way they do.


Structured to help readers grasp both the theory and its real‑world implications, the book summarizes how different factors—labor, capital, land, and enterprise—combine to create goods and services. It also looks at money, credit, and price movements, offering historical context and a steady, accessible pace suitable for learners new to economics.



  • Foundations of production: the roles of land, labor, capital, and enterprise.

  • How consumption and marginal utility guide purchases and production choices.

  • How distribution assigns shares to rent, interest, wages, and profits.

  • The economics of money, credit, prices, and the government's part in economic life.


Ideal for readers beginning an economics study, students, or anyone seeking a solid, neutral overview of key economic ideas and their historical context.

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