Description
This comprehensive introduction to economics explores the core principles, theories, and practices that shape economic systems. The book delves into the fundamental issues of scarcity and choice, offering an in-depth analysis of economic activities such as production, exchange, and consumption. Topics include the nature of economics as a science and art, micro- and macroeconomics, and the roles of different economic sectors. It also contrasts positive and normative economics and presents various methods of economic analysis. Designed for students and those seeking a clear understanding of economics, this book serves as a foundational guide for further study in the field.