Economics, Descriptive and Theoretical

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Excerpt from Economics, Descriptive and Theoretical: Part I. Descriptive, Part II. Theoretical This book is intended for the highest form in schools, and also for undergraduates and other adult students who want to read a simple text-book giving a brief outline of the whole subject, before they proceed to the more elaborate treatment of such writers as Professor Marshall and Mr. J. A. Hobson. It is hoped that it may be useful to students who select Political Economy as one of the subjects for the Oxford or Cambridge Higher Local Examinations, and for the Examination of the Society of Arts and similar bodies. It also contains a certain amount of material not usually found even in more detailed text-books of economics, which makes it specially suitable for use in girls' schools, particularly those which propose to develop the scientific study of housekeeping, and of the economic relations between the household and society, on the methods which have been adopted in King's College for Women, where both the authors are lecturers. The adolescent mind finds always a special fascination in tracing the development of principles which connect together the many facts accumulated at the earlier stages of education. Economics therefore should have a definite place in the education of adolescents (both boys and girls), and it is the hope of the authors of this book that they may pave the way to the wider study of economics in schools and colleges. The teaching of elementary economics is passing through a change which resembles in some aspects the changes in the elementary text-books of other sciences, notably chemistry. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.