Economic Fundamentals

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. More

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Words: 3,320
Language: English
ISBN: 9781311285119
About Hercules Bantas

Dr Hercules Bantas has been teaching and reading the human sciences for the better part of a decade. It is his opinion that he is too often immersed in some weighty tome or other, the authors of which always use one thousand words where one hundred words would suffice. It was while juggling no less than three weighty tomes by the same author and trying to understand what the fellow was trying to say that the idea of The Reluctant Geek Guides was born. He is well aware that publishing clearly written and unambiguous guides to important ideas in the human sciences is frowned upon in some circles, but he's going to do it anyway. Despite his well documented grumpiness, Hercules claims to like people and can be contacted by email at reluctantgeek[at]iinet.net.au.

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