Economics / Edition 3

Economics / Edition 3

by Joseph E. Stiglitz, John Driffill
     
 

ISBN-10: 0393975843

ISBN-13: 9780393975840

Pub. Date: 01/01/2000

Publisher: Norton, W. W. & Company, Inc.

For the Third Edition, 2001 Nobel laureate Joseph Stiglitz joins forces with new co-author Carl Walsh, who brings both macroeconomic expertise and teaching savvy to the project. Together, Stiglitz and Walsh thoroughly integrate contemporary economics into the traditional curriculum. Since the publication of Economics, Second Edition, in 1997, the explosive…  See more details below

Overview

For the Third Edition, 2001 Nobel laureate Joseph Stiglitz joins forces with new co-author Carl Walsh, who brings both macroeconomic expertise and teaching savvy to the project. Together, Stiglitz and Walsh thoroughly integrate contemporary economics into the traditional curriculum. Since the publication of Economics, Second Edition, in 1997, the explosive development of information technologies has altered the economic landscape in important ways. In Economics, Third Edition, Stiglitz and Walsh embrace the information revolution as an opportunity to revitalize the presentation of economics by linking fundamental concepts and basic models to examples in the "new economy." Supplemented by powerful emedia offerings, outstanding ancillary resources, and comprehensive pedagogy, Economics, Third Edition, promises to be the most complete, authoritative principles package on the market.

Author Biography: Joseph E. Stiglitz is professor of economics, business, and international and public affairs at Columbia University. Known throughout the world for his groundbreaking research, Joseph Stiglitz received the Nobel Prize in Economic Sciences in 2001. Carl E. Walsh is professor of economics at the University of California at Santa Cruz. He is widely known for his research in monetary economics and is the author of a leading graduate text, Monetary Theory and Policy (MIT Press).

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Product Details

ISBN-13:
9780393975840
Publisher:
Norton, W. W. & Company, Inc.
Publication date:
01/01/2000
Pages:
826
Product dimensions:
7.95(w) x 10.00(h) x (d)
Age Range:
18 Years

Table of Contents

Pt. 1Introduction
1The Automobile and Economics1
2Thinking Like an Economist27
3Trade52
4Demand, Supply, and Price71
5Using Demand and Supply96
6Time and Risk122
7The Public Sector143
Pt. 2Perfect Markets
8The Consumption Decision171
9Labor Supply and Savings199
10A Student's Guide to Investing226
11The Firm's Costs250
12Production281
13Competitive Equilibrium309
Pt. 3Imperfect Markets
14Monopolies and Imperfect Competition335
15Oligopolies363
16Government Policies Toward Competition388
17Technological Change411
18Imperfect Information in the Product Market430
19Imperfections in the Labor Market454
20Financing, Controlling, and Managing the Firm475
Pt. 4Policy Issues
21Externalities and the Environment505
22Taxes, Transfers, and Redistribution522
23Public Decision Making543
Pt. 5Full-Employment Macroeconomics
24Macroeconomic Goals and Measures563
25The Full-Employment Model590
26Using the Full-Employment Model617
Pt. 6Unemployment Macroeconomics
27Overview of Unemployment Macroeconomics639
28Aggregate Demand662
29Consumption and Investment690
30Money, Banking, and Credit717
31Monetary Theory746
32Fiscal and Monetary Policy772
Pt. 7Dynamics and Macro Policy
33Inflation: Wage and Price Dynamics791
34Unemployment: Understanding Wage Rigidities821
35Inflation vs. Unemployment: Approaches to Policy843
Pt. 8Issues in Macroeconomic Policy
36Growth and Productivity873
37Deficits and Deficit Reduction903
38Trade Policy924
39Alternative Economic Systems947
40Development971
GlossaryA-1

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