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Principles of Economics - Mahmoud Hussein Al-Wadi (2020)

Principles of Economics - Mahmoud Hussein Al-Wadi (2020)

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Economics is undoubtedly one of the most important branches of human knowledge, directly related to human economic behavior towards scarce and limited productive resources, in order to meet and satisfy unlimited human needs. It is self-evident that economics is merely a tool used by humans to help improve and develop their livelihoods for the better and to distribute their economic resources optimally, all in order to achieve a level of economic well-being that ensures a decent living.

This book primarily aims to present to university and institute students in particular, and to esteemed readers in general, the most important basic concepts in economic knowledge in a style that we have tried, as much as possible, to be easy and simple. This helps the reader understand the economic phenomena around them, enabling them to analyze these phenomena with sound scientific and economic analysis.

We have strived to make this book comprehensive, covering all aspects of the fundamentals of economics to be a sufficient and exhaustive reference for the student and the novice reader. For this purpose, we have divided the book into two parts:

  • Part One: Covers the aspect related to microeconomic analysis, starting with general economic concepts and an introduction to the subject, then addressing other basic topics such as supply and demand, consumer behavior theory, production and cost theory, market structures, investment, and so on.
  • Part Two: We have tried to cover everything related to macroeconomic analysis, such as studying the gross national income and its measurement methods, how to achieve equilibrium in the national income, in addition to some basic concepts in money, banking, economic development, and international trade.

Book Details:

  • Number of Pages: 382
  • Year of Publication: 2020
  • Cover Type: Cardboard
  • Edition: 3
  • Print Color: Black
  • Dimensions (cm): 17x24
  • Weight (kg): 0.720
  • Barcode: 9789957066307
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