Economics

by Paul A. Samuelson, William D. Nordhaus

Overview

Samuelson's text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.

Product Details

ISBN-13:	9780073511290
Publisher:	McGraw Hill LLC
Publication date:	04/08/2009
Edition description:	New Edition
Pages:	744
Product dimensions:	8.20(w) x 10.10(h) x 1.10(d)

About the Author

Mass Institute of Tech

William D. Nordhaus tra i più importanti economisti statunitensi, insegna presso la Yale University.

Table of Contents

	Preface	xvii
	Economics and the Internet	xxiii
Part 1	Basic Concepts	1
Chapter 1	The Fundamentals of Economics	3
Appendix 1	How to Read Graphs	18
Chapter 2	Markets and Government in a Modern Economy	25
Chapter 3	Basic Elements of Supply and Demand	46
Part 2	Microeconomics: Supply, Demand, and Product Markets	65
Chapter 4	Applications of Supply and Demand	67
Chapter 5	Demand and Consumer Behavior	85
Appendix 5	Geometrical Analysis of Consumer Equilibrium	102
Chapter 6	Production and Business Organization	108
Chapter 7	Analysis of Costs	125
Appendix 7	Production, Cost Theory, and Decisions of the Firm	142
Chapter 8	Analysis of Perfectly Competitive Markets	147
Chapter 9	Imperfect Competition and Its Polar Case of Monopoly	166
Chapter 10	Oligopoly and Monopolistic Competition	183
Chapter 11	Uncertainty and Game Theory	203
Part 3	Factor Markets: Labor, Land, and Capital	223
Chapter 12	How Markets Determine Incomes	225
Chapter 13	The Labor Market	243
Chapter 14	Land and Capital	267
Appendix 14	Markets and Economic Efficiency	286
Part 4	Applied Microeconomics: International Trade, Government, and the Environment	295
Chapter 15	Comparative Advantage and Protectionism	297
Chapter 16	Government Taxation and Expenditure	322
Chapter 17	Promoting More Efficient Markets	344
Chapter 18	Protecting the Environment	363
Chapter 19	Efficiency vs. Equality: The Big Trade-off	385
Part 5	Macroeconomics: The Study of Economic Growth and Business Cycles	411
Chapter 20	Overview of Macroeconomics	413
Appendix 20	Macroeconomic Data	432
Chapter 21	Measuring Economic Activity	434
Chapter 22	Consumption and Investment	455
Chapter 23	Business Fluctuations and the Theory of Aggregate Demand	476
Chapter 24	The Multiplier Model	491
Chapter 25	Money, Banking, and Financial Markets	511
Chapter 26	Central Banking and Monetary Policy	541
Part 6	Economic Growth and Macroeconomic Policy	565
Chapter 27	The Process of Economic Growth	567
Chapter 28	The Challenge of Economic Development	591
Chapter 29	Exchange Rates and the International Financial System	612
Chapter 30	Open-Economy Macroeconomics	635
Part 7	Unemployment, Inflation, and Economic Policy	659
Chapter 31	Unemployment and the Foundations of Aggregate Supply	661
Chapter 32	Ensuring Price Stability	683
Chapter 33	The Warring Schools of Macroeconomics	709
Chapter 34	Policies for Growth and Stability	730
	Valediction	754
	Glossary of Terms	756
	Index	779