Elementary Economics from the Higher Standpoint - Hardcover

Elementary Economics from the Higher Standpoint Book by R M Goodwin

Hardcover. Zustand: Good. Immediate dispatch from Somerset. Nice book in good condition. Pages in great condition. Hardcover. English. Pub Year 1970, See images for condition. About the book >.>.> Elementary Economics from the Higher Standpoint by R. M. Goodwin is designed to make contemporary economic analysis accessible to non-mathematicians. Employing an intricate geometrical analogy, the book examines the interplay of two goods, two prices, wages, and profits to resolve the economic problem. Through this examination, Goodwin clarifies the analytic concepts essential for understanding the challenges and behaviours of both industrialised and industrialising economies. The objective is not to provide direct, actionable results but to illuminate the conceptual frameworks underpinning modern economics, including their specific structures, limitations, and the potential pitfalls associated with their application.The book primarily targets students and places significant emphasis on clarifying foundational economic concepts, facilitating early engagement with dynamics. Goodwin meticulously outlines the similarities and contrasts between planned and market economies, offering insights into the different operational paradigms. Additionally, the treatment of the labour theory of value is juxtaposed with alternative economic perspectives, further enriching the reader's understanding.Throughout, the extreme simplicity of the model enables a comprehensive explanation of economic interactions, as opposed to fragmentary analysis. This approach not only helps demystify economic principles but also allows students to grasp the broader implications of economic theory in real-world contexts. Overall, Elementary Economics from the Higher Standpoint serves as a valuable resource for those looking to deepen their understanding of economics without requiring advanced mathematical expertise. (LL). Artikel-Nr. Batch-FM769-G-15270

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