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Understanding the Market Economy






Pub Date: 
Publisher:  Oxford University Press, Incorporated
Summary: This book offers a rigorous and comprehensive analysis of the workings of a planned economy versus that of a market economy. The authors expound the principles of market economics in the context of the main problems facing economies in transition from a centrally planned to a market structure: privatization, the role of money, environmental policy, and international trade. Real-life experiences, rather than formal eq...uations, are employed to emphasize vital points, making the book accessible to the reader without formal training in economics. Though the focus is on Central and Eastern Europe, the discussion is relevant to the privatization process in market economies and serves as a useful introduction to general economic principles.

Isachsen, Arne J. is the author of Understanding the Market Economy, published 1992 under ISBN 9780198773573 and 0198773579. Two Understanding the Market Economy textbooks are available for sale on ValoreBooks.com, one used from the cheapest price of $8.26, or buy new starting at $107.99.
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ISBN-13: 9780198773573

ISBN: 0198773579

Pub Date:
Publisher: Oxford University Press, Incorporated
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