Understanding Economic Equilibrium

Making Your Way Through an Interdependent World
Erscheinungsjahr 2021
ISBN: 978-1-63742-038-6
Verlag: Business Expert Press

Buch, Englisch, 150 Seiten, Paperback, Format (B × H): 152 mm x 229 mm, Gewicht: 329 g

The world economy is a dynamic process that balances competing interests: those who supply goods and services and those who buy them. Dr. Thomas Cunningham identifies this process as The Equilibrium Principle: a continuous, ubiquitous state that invades, guides, and shapes all economies--national, local, and personal. Understanding Economic Equilibrium will help readers understand the integration of the world's economies and how they affect and are affected by it. The book clarifies complicated economic issues and events, using examples and plain language to provide the knowledge and understanding readers need to improve their personal and business finances. Fact-based and rooted in fundamental economic and historical realities, the book: - Refers to current events, although the principle of equilibrium endures through periods, administrations, and trends
- Enlightens readers on getting and spending, but also on how they are connected with and dependent on the rest of the world
- Reveals counterintuitive realities
- Why full employment creates economic problems
- Why the stock market is volatile when business is good and corporations are profitable
- How the COVID-19 pandemic changed how the world's economies operate and interact.
People are preoccupied with their own finances, personal, and for entrepreneurs, the businesses they have created and are operating. It's difficult to determine where you fit into the broader scheme of buying and selling, spending and saving. Understanding Economic Equilibrium will clarify these relationships at a time when a shrinking and increasingly tumultuous world makes understanding them essential.

Autoren/Hrsg.

Cunningham, Thomas J.

Shaw, Mike

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein

Über Autor(innen)

Mike Shaw has been writing about and for businesses for more than five decades. He has had more than 15,000 articles published, from investigative pieces adapted by 60 Minutes and ABC 20/20, to ghostwritten articles, white papers, blogs, and two books: An Entrepreneurial Adventure on the fiftieth anniversary of Healthdyne Corporation and The Barn at Sandy Creek about the quest to find, move and reconstruct an antique barn to serve as the centerpiece of a family estate. Mike's debut novel, The Musician, published by Blue Room Books, is scheduled for a 2021 debut. Mike holds an M.A. in English from the University of Miami.

John Lewis is a developer, system architect, and computer enthusiast who has, since an early age, been keenly interested in electronics. John is currently a lead member of architecture at AT&T, where over the past 30 years he has received more than 100 U.S. patents on his ideas in the communications field. He attended the State Technical Institute in Memphis, Grantham College of Engineering, and the then Memphis State University.