| Edition |
5th ed
|
| Publication |
Great Britain, Pearson Education Ltd., 1991.
|
| Description |
iv, 764pPurple Spine
|
| Summary/Abstract |
This is a comprehensive, accessible and flexible coursebook for students of economics. It contains both economic theory and applied economics. It is both a textbook and workbook for teachers and students with provision of online support.
|
| Contents |
Basic concepts and techniques
-The basic economic problem
-The function of an economy
-Economic data
Markets
-Demand curve
-Supply curve
-Price determination
-Interrelationships between markets
-Price elasticity of demand
-Elasticities
-Normal and inferior goods
-Indirect taxes and subsidies
Efficiency and market failure
-Markets and resource allocation
-Economic efficiency and market failure
-Externalities
-Public and merit goods
-Market stabilisation
-Government failure
The national economy
-National economic performance
-Circular flow of income
-Consumption and saving
-Investment
-Government spending, exports and imports
-Aggregate demand
-Aggregate supply
-Equilibrium output
-Economic growth
-Economic growth and welfare
-Economics of happiness
-Unemployment
-Inflation
-Balance of payments
-Fiscal policy
-Supply side policies
-Monetary policy
-Exchange rate policy
-Free market and mixed economics
Business economics
-Production
-Costs
-Revenues
-Profit
-Objectives of firms
-Market structure
-Perfect competition
-Monopoly
-Monopolistic competition
-Oligopoly
-The kinked demand curve thoery of Oligopoly
-Game theory
-Theory of contestable markets
-Other theories of the firm
Welfare economics
-Economic efficiency
-Competition and efficiency
-Monopoly and efficiency
-Growth of firms, mergers and efficiency
-Public versus private sector provision
-Environmental market failure
-Cost-benefit analysis
Labour markets
-Demand for labour
-Supply for labour
-Wage determination
-Trade unions
-Labour market failure
-Equality and equity
-Redistribution of income and wealth
Work, leisure and transport
-Work and leisure
-Leisure
-Functional distribution of income and economic rent
-Population trends and pensions
-Transport
-Transport sector
-Transport and market failure
-Congestion road pricing
-Public and private sectors
-Transport policy
Macroeconomics and Government policy
-Business cycle
-Taxation
-Government spending
-Unemployment and the Phillips cycle
-Fiscal policy and demand management
-Supply side policy issues
-Money, its supply and demand
-The rate of interest
-The quantity theory of money
-The operation and limitations of monetary policy
-Limits of government policy
The international economy
-Globalisation
-World trade
-Trade policy
-Balance of payments issues
-Government policy, the balance of payments and exchange rates
-Exchange rate determination
-Exchange rate systems
-Advantages and disadvantages of exchange rate systems
-Common markets
-Trading blocs and economic integration
-Multinational companies
Labour markets
-First world and the Third world
-Economic development
-Population, migration and the environment
-Development strategies
-Third world trade
-World capital flows
Effective study
Assessment
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| Standard Number |
1405892353 Pb.
|