The Economic System - Economic Laws, Experiments and Applications (Paperback)

This book provides to the reader a learning tool to apply the economic theory to the solution of the current problems of the socio-economic relationships. The profuse number of diagrams and the examples of economic analysis with real economic data create the basis for students and professionals of the economic activity in order to build up a solid know-how for market analysis and Economics.
The whole economic theory presented in this book covers the connection between social and economic relationships, a logical definition of money compatible with history and modern time trends. In addition there is a clarification of the connection between micro and macro economic variables, compatible with their definition and the mathematical formalization of economic laws.
A whole chapter is dedicated to present the results of all the necessary tests for experimental confirmation of the theoretical elaborations, including a prediction and verification of how the 2008 meltdown of the mortgage market affected the aggregated economy in the following one-year period.