Economic Fundamentals
By Hercules Bantas
- Release Date: 2014-02-04
- Genre: Economics
Description
As any student of economics knows, the flow of money is only a part of the story of the science of economics. This study guide explains, in clear and easy to understand terms, some of the more complex concepts that make up the foundation of economic theory. It makes clear concepts such as scarcity, factors of production, the production possibility frontier, marginal costs and benefits, and comparative and absolute advantage.
