WebLibNetEconomics
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| Other Authors: | |
| Format: | Book |
| Language: | English |
| Published: |
New York
McGraw-Hill Book Company
1986
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| Edition: | 3rd ed. |
| Subjects: |
Table of Contents:
- P1- Basic economic concepts Economic problems and economic goals Scarcity and choice Specialization, exchange and money emand and supply: the market mechanism The economic role of government Business organization and finance P2- High employment and a stable price lavel Measuring national product and national income Fluctuations in economic activity: unemployment and inflation Explaining unemployment and inflation: aggregate supply and agreegate demand Equilibrium with unemployment: the Keynesian approach P3- Aggregate demand policies Fiscal policy Money and the banking system The federal reserve and monetary policy P4- Great macroeconomic issues of our time Monetary policy and fiscal policy: Key to aggregate demand Fine tuning or stable policy settings Aggregate supply: inflation and unemployment coexist Productivity and growth Fixed or flexible exchange rates P5- Microeconomics: is our output produced efficiently? Demand and supply: the concept of elasticity Demand Costs and perfectly competitive supply: the short run Perfect competition and economic efficiency Monopoly Markets between monopoly and perfect competition P6- Economic efficiency: issues of our time How much should the government regulate business Protecting the environment in a growing economy: how should pollution be limited? Natural resources Public Goods: what should the government provide? What are the gains from international trade International trade: policy debates P7- Microeconomics: how income is distributed Wages in a perfectly competitive economy Wages in imperfectly competitive labour markets Other incomes Government policies to reduce inequality Marxism and marxist economies