Fully updated and revised, thethird edition of this core textbook integrates models with real world examples, so the relevance of the theoretical concept is clear throughout. INDICE: PART I: WHAT IS ECONOMICS?.Intro: The Ordinary Business of Life .First Principles .Economic Models: Trade-offs and Trade .Appendix: Graphs in Economics.PART II: SUPPLY AND DEMAND.Supply and Demand .Price Controls and Quotas: Meddling with Markets .International Trade.Appendix: Consumer and Producer Surplus.PART III: INTRODUCTION TO MACROECONOMICS.Macroeconomics: The Big Picture.Tracking the Macroeconomy.Unemployment and Inflation.PART IV: LONG-RUN ECONOMIC GROWTH.Long-Run Economic Growth.Savings, Investment Spending, and the Financial System.PART V: SHORT-RUN ECONOMIC FLUCTUATIONS.Income and Expenditure.Appendix: Deriving the Multiplier Algebraically.Aggregate Demand and Aggregate Supply.PART VI: STABILIZATION POLICY.Fiscal Policy.Appendix: Taxes and the Multiplier.Money, Banking, and the Federal Reserve System.Monetary Policy.Appendix: Reconciling Two Models of the Interest Rate.Inflation, Disinflation, and Deflation.Crises and Consequences.PART VII: EVENTS AND IDEAS.Events and Ideas.PART VIII: THE OPEN ECONOMY.Open-Economy Macroeconomics.
- ISBN: 978-1-4292-8343-4
- Editorial: MACMILLAN DISTRIBUTION LIMITED
- Encuadernacion: Rústica
- Páginas: 1200
- Fecha Publicación: 25/07/2012
- Nº Volúmenes: 1
- Idioma: Inglés