Wednesday, May 28, 2014

The rough guide to Economics



As stated in the title, this is not an esay book. This guide gives a comprehensive review on topics inculded in the Advance Level Economics.  

I’m inparticular impressive on the following topics:
l   the exanation on “Positive and normative economics” (p.5)
l   the elaboration on opportunity cost: “Opportunity knocks: accountants vs economists” (p.65)
l   the discussion on What money cannot buy: “The price of everything and the value of nothing” (p.96)
l   the illustration of “The efficient level of pollution” (p.105)



Mell, A & Walker, O. (2014). The rough guide to Economics: from first principles to the financial crisis. NY: Rough Guides Ltd. 

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