Foundations Of Economics by Yanis Varoufakis

An accessible introduction to economic theory that builds from basic principles to show how households, firms, markets and governments interact. It explains core concepts—scarcity, choice, supply and demand, equilibrium—while introducing game theory, welfare analysis, monetary and macroeconomic issues, and the role of institutions. The book combines intuitive examples, simple mathematics and diagrams to reveal the assumptions behind standard models, offers a critical perspective on orthodox economics, and emphasizes how foundational ideas shape policy and real-world economic outcomes.

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