Economics / Edition 15

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Overview

Economics,17e,by Samuelson and Nordhaus,is the classic text which set the standard for principles of economics texts when it was introduced in 1948. This text has been the standard-bearer in principles books for over 50 years,presenting a clear,accurate,and interesting indroduction to economics. Bill Nordhaus is now the primary author of this modern treatment of economics which has been thoroughly updated.
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Product Details

  • ISBN-13: 9780070549814
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 4/1/1995
  • Edition description: Older Edition
  • Edition number: 15
  • Pages: 789
  • Product dimensions: 8.26 (w) x 10.29 (h) x 1.29 (d)

Table of Contents

A Note from the Publisher
A Golden Birthday
Preface
Economics and the Internet
Pt. 1 Basic Concepts 1
Ch. 1 The Fundamentals of Economics 3
App. 1 How to Read Graphs 18
Ch. 2 The Shifting Boundary between Markets and Government 25
Ch. 3 Basic Elements of Supply and Demand 43
Pt. 2 Microeconomics: Supply, Demand, and Product Markets 61
Ch. 4 Applications of Supply and Demand 63
Ch. 5 Demand and Consumer Behavior 80
App. 5 Geometrical Analysis of Consumer Equilibrium 96
Ch. 6 Production and Business Organization 102
Ch. 7 Analysis of Costs 115
App. 7 Production, Cost Theory, and Decisions of the Firm 132
Ch. 8 The Behavior of Perfectly Competitive Markets 137
Ch. 9 Imperfect Competition and Its Polar Case of Monopoly 154
Ch. 10 Oligopoly and Monopolistic Competition 170
Ch. 11 Uncertainty and Game Theory 188
Pt. 3 Factor Markets: Land, Labor, Capital, and Income Distribution 207
Ch. 12 How Markets Determine Incomes 209
Ch. 13 The Labor Market 225
Ch. 14 Land and Capital 248
Ch. 15 Markets and Economic Efficiency 265
Pt. 4 Government's Role in the Economy 279
Ch. 16 Government Taxation and Expenditure 281
Ch. 17 Curbing Market Power 303
Ch. 18 Protecting the Environment 322
Ch. 19 Efficiency vs. Equality: The Big Tradeoff 343
Pt. 5 Macroeconomics: The Study of Growth and Business Cycles 369
Ch. 20 Overview of Macroeconomics 371
Ch. 21 Measuring Economic Activity 390
Ch. 22 Consumption and Investment 411
Ch. 23 Business Cycles and the Theory of Aggregate Demand 432
Ch. 24 The Multiplier Model 446
Ch. 25 Money and Commercial Banking 465
Ch. 26 Central Banking and Monetary Policy 493
Pt. 6 Economic Growth and Macroeconomic Policy 515
Ch. 27 The Process of Economic Growth 517
Ch. 28 The Challenge of Economic Development 538
Ch. 29 Unemployment and the Foundations of Aggregate Supply 557
Ch. 30 Ensuring Price Stability 578
Ch. 31 Open-Economy Macroeconomics 603
Ch. 32 The Warring Schools of Macroeconomics 621
Ch. 33 Policies for Growth and Stability 644
Pt. 7 International Trade and the World Economy 671
Ch. 34 International Trade and Exchange Rates 673
Ch. 35 Comparative Advantage and Protectionism 688
Ch. 36 Managing the Global Economy 712
Valediction 734
Glossary of Terms 737
Index 761
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