Title
Understanding Capitalism: Competition, Command, And Change
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Understanding Capitalism: Competition, Command, And Change, Third Edition, Is An Introduction To Economics That Explains How Capitalism Works, Why It Sometimes Does Not Work As Well As We Would Like It To, And How Over Time It Not Only Changes But Also Revolutionizes The World Around Us. The Threedimensional Approach Of The Text Focuses On Competition In Markets; Command In Firms, Governments, And International Relations; And Change As A Permanent Feature Of A Capitalist Economy Driven By Technical Innovation And Conflict Over The Distribution Of Income.The Book Covers The Standard Topics Of Supply And Demand, Market Competition, Imperfect Competition, Aggregate Demand, Inflation, And Unemployment. It Emphasizes The Extraordinary Dynamism And Material Productivity Of The Capitalist Economy; The Psychological Foundations Of Human Behavior; The Logic And Limitations Of Adam Smith'S Invisible Hand; Technical Change And The New Informationbased Economy; Global Economic Integration And Its Impact On National Economies; The Impact Of Economic Activity On The Environment; And Inequality Both Within And Among Nations. In Addition, It Provides A Critical Evaluation Of The Tenets Of Neoclassical Economics, A Clear Introduction To Contract Theory, And Material Drawn From New Research In Behavioral, Institutional, And Information Economics.Understanding Capitalism, Third Edition, Is Ideal For Undergraduate Courses In Economics And Political Economy. An Instructor'S Manual Is Available To Adopters.Features Of The Third Editionbloffers A New Chapter On The Behavioral Foundations Of Economics, Showing That The Selfishness Of The Economic Man Leaves Out The Important Role Of Other Social Motives And How Individual Tastes And Values Evolve In Response To Experiencesblincludes A New Chapter That Examines How Economic Success (And Poverty) Are Passed On From Parents To Children And Also Looks At The Increasing Inequality Of Income And Wealth Along Lines Of Race And Genderblpresents A Completely Revised And Expanded Treatment Of The Revolutionary Changes That Have Been Associated With Capitalism Over The Past Three Centuriesblprovides Boxed Treatments Of Issues That Can Serve As The Basis Of Classroom Discussionsbldefines Important Terms In The Margins Throughout The Textblcontains A Section Entitled Sources Of Economic Information That Helps Readers Locate Relevant Outside Data, Both In Print And Online
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- Q: How many pages does the book have? A: The book has six hundred pages. This extensive length allows for a comprehensive exploration of capitalism and its various dimensions.
- Q: What is the binding type of this book? A: The book is paperback bound. This makes it lightweight and easy to carry for students and readers.
- Q: Who is the author of 'Understanding Capitalism'? A: The author is Samuel Bowles. He is known for his contributions to economics and political economy.
- Q: What topics does the book cover? A: The book covers topics like supply and demand, market competition, and income inequality. It provides a thorough introduction to key economic principles.
- Q: What is the size of the book? A: The book measures approximately one point three inches in length, nine point zero two inches in width, and seven point three inches in height. This size makes it suitable for standard bookshelves.
- Q: Is this book suitable for beginners in economics? A: Yes, it is ideal for undergraduate courses in economics. The content is designed to be accessible for those new to the subject.
- Q: How can I use this book in my studies? A: You can use this book as a primary textbook for economics courses. It provides foundational knowledge and critical evaluations necessary for understanding capitalist economies.
- Q: Does the book include an instructor's manual? A: Yes, an instructor's manual is available for adopters. This resource aids educators in guiding discussions and lessons based on the text.
- Q: What age group is this book appropriate for? A: The book is appropriate for college students and adults. It covers complex economic theories that may not be suitable for younger audiences.
- Q: How do I keep this book in good condition? A: To keep the book in good condition, store it in a dry place and avoid direct sunlight. This helps prevent fading and damage to the pages.
- Q: Are there any specific cleaning instructions for the book? A: No specific cleaning instructions are necessary. However, handle it with clean hands to avoid smudges and dirt.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact the seller for a return or exchange. Most sellers have policies in place for such situations.
- Q: Is this book a good choice for someone interested in behavioral economics? A: Yes, the book includes a new chapter on the behavioral foundations of economics. This makes it relevant for those interested in psychological aspects of economic behavior.
- Q: How does this book compare to other economics textbooks? A: This book offers a unique three-dimensional approach, focusing on competition, command, and change. It's distinct in its comprehensive treatment of capitalism's evolution.
- Q: Can I find current economic data in this book? A: Yes, the book contains a section titled 'Sources of Economic Information.' This helps readers locate relevant outside data in print and online.