Essentials of Economics 3rd Edition
Real examples. Real companies. Real business decisions. Many students of first year economics ask themselves “why am I here?” and “will I ever use this?”. Essentials of Economics answers these questions by demonstrating that real businesses use economics to make real decisions every day.
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Microeconomics: case studies and applications 2nd edition is an essential text that supports Cengage Learnings suite of Economics titles. The text contains case studies focusing on current events in economics, a theory refresher for each section, and questions. The case studies are written specifically for students at a level they can easily relate to, and are presented in such a way that the theoretical concept being taught can be applied. They are intended as a students stepping stone to using authentic news articles.
Written by Emeritus Professor LIM Chong-Yah, Founding Chairman of the tripartite National Wages Council (NWC), this unique volume offers readers an insider’s view of the genesis and the evolution of the wage determination mechanism and system in Singapore under the aegis of the NWC. As a tripartite body dealing with wages, wage policies and wage-related matters and promoting Growth with Equity, the NWC played a critical role in transforming industrial relations in Singapore from the then confrontational approach to that of mutual understanding, esprit de corps and social co-partnership. Drawing from his 30-year experience as NWC Chairman (1972-2001), Singapore’s eminent Economics Professor shares with readers the important process and problems of seeking equitable wage increases through tripartite consensus based on a yearly national wage guideline system. The book also chronicles the role of the NWC in crisis management in 1974, 1985 and 1998, and in Economic Restructuring, 1979-1981. The structure and operation of this unique Singapore institution and the interesting problems of securing unanimity of support from the three tripartite partners are revealed in the book. Some important NWC personalities and their concerns and unique contributions are interestingly covered, anecdotally.
Readership: Undergraduates, postgraduates and general public who have a keen interest in labour economics and industrial relations.
The third edition of this bestseller provides students with an in-depth understanding of basic microeconomics and macroeconomic concepts. This revised edition includes new subtopics such as Economic Growth, The Islamic Economy, Keynesian and Classical Demand for Money Market Equilibrium. In addition, authentic case studies have been provided for critical chapters. This edition has been revised thoroughly with new exercises at the end of every chapter.