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Basic theories of economics and their explanation

Basic Theories of Economics: Review and Explanation "offers readers a fascinating immersion in the world of economic theories, presented in an accessible and understandable way. This literature is intended to clarify the complex concepts of economic science and show their application in practice.

1. Overview of theories: The book gives an overview of basic theories of economics ranging from classical schools of thought such as mercantilism and physiocracy to modern alternative approaches such as behavioral economics and new institutional economics.

2. Explanation of concepts: The authors try to present complex economic concepts in such a way that they are available even to readers without special education in economics. Illustrations, real-life examples, and analogies help illustrate and understand key ideas.

3. Practical application: The book addresses not only the theoretical aspects of economic theories, but also their application in the real world. Readers will learn the consequences of certain economic policies and how they affect the life of society.

4. Reading Guidelines: At the conclusion of each chapter, recommendations are offered for further reading so that readers can deepen their knowledge in the fields of economic science of interest to them.

"Basic Theories of Economics: Review and Explanation" is a wonderful choice for anyone who wants to understand how the world of economics functions and what principles underlie it.