Modern economics an introduction
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Other Authors: | |
Format: | Book |
Published: |
Hampshire
Palgrave Macmillan
2007.
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Edition: | 8th ed. |
Subjects: |
Table of Contents:
- Methods of allocating resources Price formation in the free market economy Application of demand and supply analysis The firm The organization and scale of production The distribution of goods to the consumer The location of production Combining the factors of production Deciding on the most profitable output Supply curve of the industry under perfect competition market Rewarding the factors of production: the marginal productivity theory of distribution Government and the allocation of resources Market failure and the role of government Monopoly Imperfect competition and other forms Externalities and cost benefit analysis Environment: conservation, pollution and road traffic Provision of goods and services by the public sector Factors of production and their rewards Labour and wages Capital and Interest Land and rent Enterpreneurship and profit Money and financial institutions Money and the rate of interest Financial markets Clearing banks Bank of England Government and stabilization policy International trade Looking into the future Public finance Economic growth