Elements of Economics (Classic Reprint)

Excerpt from Elements of Economics<br><br>This book is designed to be an introduction to the science of economics. Technical discussions and difficult terminology have been avoided. The author has endeavored to write a book of practical value to the student, but is convinced that any practical work must be founded upon sound theory.<br><br>There are many economic questions upon which there may be differences of opinion. Both sides of most disputed questions are given. Students should be encouraged to draw their own conclusions after weighing the evidence.<br><br>While the experience of most teachers of economics has convinced them that one book should be followed as a guide, students should read references in other works. Fortunately there are many excellent books - perhaps too difficult in parts for the beginner - containing many chapters that can be read with profit by even an immature student. Among many works suitable for reference purposes the following are especially recommended: Bulloch, Introduction to the Study of Economics; Carver, Principles of Political Economy; Ely, Outlines of Economics; Fetter, Principles of Economics; Seager, Introduction to Economics; and Turner, Introduction to Economics.<br><br>Grateful acknowledgment is made to the publishers and authors of copyrighted books for permission to use selections.<br><br>About the Publisher<br><br>Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com<br><br>This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.