Engaging authors, unbiased presentations of essential ideas, and a knack for revealing the 'invisible hand' of economics at work inform the thoroughly updated new edition of Modern Principles, drawing on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life. INDICE: The Big Ideas.The Power of Trade and Comparative Advantage.PART I:SUPPLY AND DEMAND .Supply and Demand.Equilibrium: How Supply and Demand Determine Prices.Elasticity and its Applications.Appendix: Other Types of Elasticities.Appendix: Elasticities with Excel.Taxes and Subsidies.PART II: THE PRICE SYSTEM.The Price System: Signals, Speculation and Prediction .Price Ceilings and Price Floors.International Trade.Externalities: When Prices Send the Wrong Signals.PART III: FIRMS AND FACTOR MARKETS.Costs.Appendix: Using Excel to GraphCost Curves.Competition and the Invisible Hand.Monopoly.Price Discrimination.Appendix: Solving Price Discrimination Problems with Excel.Cartels, Oligopolies, and Monopolistic Competition.The Economics of Network Goods: Competing for Monopoly.Labor Markets.PART IV: GOVERNMENT.Public Goods and the Tragedy of theCommons.Appendix: The Tragedy of the Commons: How Fast?.Political Economy andPublic Choice .Economics, Ethics and Public Policy.PART V: DECISION MAKING FOR BUSINESSES, INVESTORS, AND CONSUMERS.Managing Incentives .Stock Markets and Personal Finance.Consumer Choice.PART VI: ECONOMIC GROWTH.GDP and The Measurement of Progress.The Wealth of Nations and Economic Growth.Appendix: The Magic of Compound Growth: Using a Spreadsheet.Growth, Capital Accumulation and the Economics of Ideas: Catching Up vs. The Cutting Edge.Appendix: Excellent Growth.Savings, Investment, and the Financial System.Appendix: Bond Pricing and Arbitrage.PART VII: BUSINESS FLUCTUATIONS.Unemployment and Labor Force Participation.Inflation and the Quantity Theory of Money.Appendix: Get Real! An ExcellentAdventure.Business Fluctuations: Aggregate Demand and Supply .Transmission and Amplification Mechanisms.Appendix: Business Fluctuations and the Solow Model.PART VIII: MACROECONOMIC POLICY AND INSTITUTIONS.The Federal Reserve System and Open Market Operations.Appendix: The Money Multiplier Process in Detail.Monetary Policy.The Federal Budget: Taxes and Spending.Fiscal Policy.PART IX: INTERNATIONAL ECONOMICS.International Finance .
- ISBN: 978-1-4641-2874-5
- Editorial: Palgrave Macmillan
- Encuadernacion: Cartoné
- Páginas: 800
- Fecha Publicación: 25/06/2012
- Nº Volúmenes: 1
- Idioma: Desconocido