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Principles of Economics

by:
ISBN: 9780030982385 | 0030982383
Edition: 1st
Format: Paperback
Publisher: South-Western College Pub
Pub. Date: 8/25/1997

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SummaryTable of Contents
His most recent book--"Principles of Economics"--is the most talked about economics text of our time and will likely teach the next generations of undergrads the laws of supply and demand. We're sure his columns for "Fortune" will be as informative and elegant.
PART I INTRODUCTION1(59)
Ten Principles of Economics
3(14)
Thinking Like an Economist
17(28)
... MORE
Interdependence and the Gains from Trade
45(14)
PART II SUPPLY AND DEMAND I: HOW MARKETS WORK59(72)
The Market Forces of Supply and Demand
61(28)
Elasticity and Its Application
89(22)
Supply, Demand, and Government Policies
111(20)
PART III SUPPLY AND DEMAND II: MARKETS AND WELFARE131(66)
Consumers, Producers, and the Efficiency of Markets
133(22)
Application: The Costs of Taxation
155(18)
Application: International Trade
173(24)
PART IV THE ECONOMICS OF THE PUBLIC SECTOR197(64)
Externalities
199(20)
Public Goods and Common Resources
219(18)
The Design of the Tax System
237(24)
PART V FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY261(120)
The Costs of Production
263(20)
Firms in Competitive Markets
283(20)
Monopoly
303(34)
Oligopoly
337(26)
Monopolistic Competition
363(18)
PART VI THE ECONOMICS OF LABOR MARKETS381(64)
The Markets for the Factors of Production
383(18)
Earnings and Discrimination
401(20)
The Distribution of Income
421(24)
PART VII ADVANCED TOPIC445(30)
The Theory of Consumer Choice
447(28)
PART VIII THE DATA OF MACROECONOMICS475(38)
Measuring a Nation's Income
477(18)
Measuring the Cost of Living
495(18)
PART IX THE REAL ECONOMY IN THE LONG RUN513(76)
Production and Growth
515(26)
Saving, Investment, and the Financial System
541(24)
The Natural Rate of Unemployment
565(24)
PART X MONEY AND PRICES IN THE LONG RUN589(46)
The Monetary System
591(18)
Inflation: Its Causes and Costs
609(26)
PART XI THE MACROECONOMICS OF OPEN ECONOMIES635(44)
Open-Economy Macroeconomics: Basic Concepts
637(22)
A Macroeconomic Theory of the Open Economy
659(20)
PART XII SHORT-RUN ECONOMIC FLUCTUATIONS679(78)
Aggregate Demand and Aggregate Supply
681(26)
The Influence of Monetary and Fiscal Policy on Aggregate Demand
707(26)
The Short-Run Tradeoff between Inflation and Unemployment
733(24)
PART XIII FINAL THOUGHTS757(20)
Five Debates over Macroeconomic Policy
759(18)
Glossary777(6)
Credits783(2)
Index785

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