Title
Understanding Capitalism: Competition, Command, And Change
Delivery time: 8-12 business days (International)
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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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What are the main topics covered in 'Understanding Capitalism'? A: The book covers key topics such as supply and demand, market competition, inflation, unemployment, and the psychological foundations of human behavior, along with a critical evaluation of neoclassical economics.
- Q: Who is the author of 'Understanding Capitalism'? A: 'Understanding Capitalism' is authored by Samuel Bowles, a recognized economist known for his contributions to the understanding of economic systems.
- Q: Is there an instructor's manual available for this book? A: Yes, an instructor's manual is available for adopters of 'Understanding Capitalism', providing additional resources for teaching.
- Q: What is the edition of this book and when was it published? A: 'Understanding Capitalism' is in its third edition, published on March 10, 2005.
- Q: What is the condition of the book? A: The book is listed as being in 'Good' condition, indicating that it has been used but is still in satisfactory shape for reading.
- Q: How many pages does 'Understanding Capitalism' have? A: 'Understanding Capitalism' has a total of 608 pages, providing comprehensive coverage of its subject matter.
- Q: What type of binding does the book have? A: The book is available in paperback binding, making it a flexible and lightweight option for readers.
- Q: What unique features does the third edition include? A: The third edition includes new chapters on behavioral economics, intergenerational economic success, and a revised treatment of capitalism's historical changes, along with boxed discussions and margin definitions.
- Q: What category does 'Understanding Capitalism' fall under? A: 'Understanding Capitalism' is categorized under Free Enterprise & Capitalism, making it suitable for courses in economics and political economy.
- Q: How does the book address issues of inequality? A: The book examines income and wealth inequality, particularly along lines of race and gender, providing insights into the socio-economic dynamics at play.