Economics / Edition 12

Economics / Edition 12

by Richard G. Lipsey, Paul N. Courant, Christopher T.S. Ragan
     
 

This thoroughly revised edition provides a complete, balanced introduction to economics and to the most important issues facing the world's economies at the turn of the millennium. In addition to fine-tuning and streamlining the prose and the overall presentation, the authors have comprehensively updated the text and the applications to reflect recent economic… See more details below

Overview

This thoroughly revised edition provides a complete, balanced introduction to economics and to the most important issues facing the world's economies at the turn of the millennium. In addition to fine-tuning and streamlining the prose and the overall presentation, the authors have comprehensively updated the text and the applications to reflect recent economic developments and topics of current interest. Students in particular will find the Study Guide, with its practice questions, exercises, and problems, to be an excellent source of study support and extra review material. It is available in both a one- and a two-volume edition.

Product Details

ISBN-13:
9780201347395
Publisher:
Pearson
Publication date:
07/12/1999
Series:
Addison-Wesley Series in Economics
Edition description:
Older Edition
Pages:
840
Product dimensions:
8.31(w) x 10.32(h) x 1.40(d)

Table of Contents

Detailed Contents
To the Instructor
Possible Outline for a One-Semester
Course in Economics
Acknowledgments
To the Student
Pt. 1The Nature of Economics1
1The Economic Problem3
2Economics as a Social Science26
Appendix to Chapter 2 An Introduction to Graphics40
3The Anatomy of a Market Economy49
Pt. 2An Introduction to Demand and Supply67
4Demand, Supply, and Price69
5Elasticity88
Appendix to Chapter 5 More Details About Elasticity108
6Demand and Supply in Action113
Pt. 3Consumers and Producers137
7Consumer Behavior139
Appendix to Chapter 7 Indifference Curves155
8Production and Cost in the Short Run166
9Production and Cost in the Long Run186
Appendix to Chapter 9 Isoquant Analysis200
Pt. 4Markets, Pricing, and Efficiency207
10Competitive Markets209
11Monopoly231
12Imperfect Competition250
13Economic Efficiency and Public Policy274
14Inside the Firm299
Pt. 5The Markets for Factors of Production316
15Factor Pricing and Factor Mobility317
16Labor Markets338
17Capital and Nonrenewable Resources362
Pt. 6Government in the Market Economy379
18Costs and Benefits of Government Intervention381
19Environmental and Safety Regulation405
20Taxation and Public Expenditure423
Pt. 7An Introduction to Macroeconomics441
21What Macroeconomics Is All About443
22The Measurement of National Income466
Pt. 8National Income and Fiscal Policy483
23National Income Determination - Part 1485
24National Income Determination - Part 2509
Appendix to Chapter 24 An Algebraic Exposition of the Income-Expenditure Model528
25Output and Prices in the Short Run530
26Output and Prices in the Long Run549
Pt. 9Money, Banking, and Monetary Policy573
27The Nature of Money and Monetary Institutions575
28Money, Output, and Prices602
Appendix to Chapter 28 Interest Rates and the Slope of the AD Curve624
29Monetary Policy626
Pt. 10Macroeconomic Problems and Policies647
30Inflation649
31Unemployment675
32Government Debt and Deficits696
33Economic Growth720
34Growth in the Developing Countries745
Pt. 11International Economics761
35The Gains from Trade763
36Trade Policy777
37Exchange Rates and the Balance of Payments799
38Macroeconomic Policy in an Open Economy827
Mathematical NotesM-1
Time Line of Great EconomistsT-1
GlossaryG-1
IndexI-1

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