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Foundations of Real-World Economics

What Every Economics Student Needs to Know

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  • 396 pages
  • 14 hours of reading

More about the book

The book critically examines the limitations of traditional economic models, particularly the oversimplifications of perfect competition. It delves into the complexities of oligopolies and analyzes the actual effects of the minimum wage, highlighting how influential institutions create distortions in mainstream economic theories. This edition offers a more nuanced understanding of real-world economics, challenging readers to reconsider established beliefs and explore the intricacies of economic dynamics.

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Foundations of Real-World Economics, John Komlos

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Released
2023
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(Hardcover)
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