Economics / Edition 18

Economics / Edition 18

by Paul A. Samuelson, William D. Nordhaus
     
 

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… See more details below

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.

Product Details

ISBN-13:
9780072872057
Publisher:
McGraw-Hill Companies, The
Publication date:
07/28/2004
Edition description:
Older Edition
Pages:
800
Product dimensions:
8.30(w) x 9.90(h) x 1.49(d)

Table of Contents

A Note from the Publisher
A Golden Birthday
Preface
Economics and the Internet
Pt. 1Basic Concepts1
Ch. 1The Fundamentals of Economics3
App. 1How to Read Graphs18
Ch. 2The Shifting Boundary between Markets and Government25
Ch. 3Basic Elements of Supply and Demand43
Pt. 2Microeconomics: Supply, Demand, and Product Markets61
Ch. 4Applications of Supply and Demand63
Ch. 5Demand and Consumer Behavior80
App. 5Geometrical Analysis of Consumer Equilibrium96
Ch. 6Production and Business Organization102
Ch. 7Analysis of Costs115
App. 7Production, Cost Theory, and Decisions of the Firm132
Ch. 8The Behavior of Perfectly Competitive Markets137
Ch. 9Imperfect Competition and Its Polar Case of Monopoly154
Ch. 10Oligopoly and Monopolistic Competition170
Ch. 11Uncertainty and Game Theory188
Pt. 3Factor Markets: Land, Labor, Capital, and Income Distribution207
Ch. 12How Markets Determine Incomes209
Ch. 13The Labor Market225
Ch. 14Land and Capital248
Ch. 15Markets and Economic Efficiency265
Pt. 4Government's Role in the Economy279
Ch. 16Government Taxation and Expenditure281
Ch. 17Curbing Market Power303
Ch. 18Protecting the Environment322
Ch. 19Efficiency vs. Equality: The Big Tradeoff343
Pt. 5Macroeconomics: The Study of Growth and Business Cycles369
Ch. 20Overview of Macroeconomics371
Ch. 21Measuring Economic Activity390
Ch. 22Consumption and Investment411
Ch. 23Business Cycles and the Theory of Aggregate Demand432
Ch. 24The Multiplier Model446
Ch. 25Money and Commercial Banking465
Ch. 26Central Banking and Monetary Policy493
Pt. 6Economic Growth and Macroeconomic Policy515
Ch. 27The Process of Economic Growth517
Ch. 28The Challenge of Economic Development538
Ch. 29Unemployment and the Foundations of Aggregate Supply557
Ch. 30Ensuring Price Stability578
Ch. 31Open-Economy Macroeconomics603
Ch. 32The Warring Schools of Macroeconomics621
Ch. 33Policies for Growth and Stability644
Pt. 7International Trade and the World Economy671
Ch. 34International Trade and Exchange Rates673
Ch. 35Comparative Advantage and Protectionism688
Ch. 36Managing the Global Economy712
Valediction734
Glossary of Terms737
Index761

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