Assuming no prior knowledge, the second edition of Foundations of Economics introduces students to both microeconomic and macroeconomic principles. This is the ideal text for foundation degrees and non-specialist courses for first year undergraduates.does. the. multiplier. work? Imagine that a government decides to spend Ap1 million on new schools and hospitals. ... and services: Marginal propensity to _ Change in consumer spending domestically consume domestically Change in incomeanbsp;...
|Title||:||Foundations of Economics|
|Publisher||:||Oxford University Press - 2011-03-24|