Many standard economics texts are so large that unless they will be used for two semesters, more than half their material goes unused. Oftentimes, they also come with a generous supply of supplementary materials, which further raise their costs. As an alternative to the steep prices and vast amount of material of these texts, the all-inclusive Basic Principles of Economics is more reasonable both in size and price.

Basic Principles of Economics is designed to fulfill the requirements of a one-semester introduction to the fundamentals of the discipline of economics. In contrast to the renowned aridity of many introductory economics texts, the ideas in this book are expressed simply and often with humor, but without any loss of rigor. Hugh Dawes, an economics professor at Borough of Manhattan Community College (part of the CUNY system), has been using the foundational materials from Basic Principles of Economics in his introductory micro- and macroeconomics courses for well over 25 years, so the content has been thoroughly classroom-tested.

Despite its compact size, Basic Principles gives depth and color to its subject by providing brief commentary on the history and nature of capitalism, socialism, and mixed economies. In addition to the primary text for an introductory course, it can also make an excellent supplement for more advanced courses in microeconomics and macroeconomics. It will also meet a demand in trade markets and reference libraries.

Features

• Designed as the primary text for a one-semester introduction to economics (high school or college), or a supplement to more advanced courses
• More compact but as complete as many introductory economics texts
• Ideas presented in simple language but with no loss of rigor
• Explores the full scope of the discipline
• Concepts enriched by frequent practical examples using historical figures as well as fictional characters and countries
• Four main parts: general concepts and principles; microeconomics; macroeconomics; and global economics