Economic Principles (1918)

Economic Principles is a book written by Frank Albert Fetter and was first published in 1918. The book is a comprehensive guide to the fundamental principles of economics and covers a wide range of topics related to the subject. The author provides a detailed analysis of the economic system and its workings, including the role of markets, prices, and competition. The book is divided into several sections, each of which focuses on a different aspect of economics. The first section provides an overview of the basic principles of economics, including the concepts of scarcity, choice, and opportunity cost. The second section delves deeper into the concept of demand and supply, exploring the factors that influence them and how they interact to determine prices.The third section of the book discusses different market structures, including perfect competition, monopolistic competition, oligopoly, and monopoly. The author explains the advantages and disadvantages of each market structure and how they affect the economy.The fourth section of the book covers the role of government in the economy, including the different types of government intervention, such as taxation and regulation. The author also discusses the effects of government policies on the economy and how they can be used to address market failures.Overall, Economic Principles is a comprehensive and insightful guide to the fundamental principles of economics. It is a valuable resource for students, academics, and anyone interested in understanding how the economy works.This Book Is In English.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.