Economics U $ A / Edition 5

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Overview

Revised for this Sixth Edition by Nariman Behravesh of Standard & Poor, Economics U$A approaches economic principles from the ground up, with an emphasis on real-world applications and straightforward exposition.

Author Biography: Edwin Mansfield was a longtime professor of economics at the University of Pennsylvania. His textbooks have been a staple in economics courses at thousands of colleges and universities around the world. Nariman Behravesh is chief international economist and research director at Standard & Poor. A recognized expert on policy analysis, macroeconomics, and econometrics, he has taught graduate and undergraduate economics courses at the University of Pennsylvania, George Washington University, Bryn Mawr College, and Haverford College.

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Editorial Reviews

Booknews
This time-tested text was prepared to combine with a video series of the same title, and although the authors say it can be used independently, it is obvious from the preface that the book and telecourse are intimately linked. Mansfield (U. of Pennsylvania) and Behravesh, with Standard and Poor's, have included case studies that focus on economic events covered in the videos and the chapters follow the sequence of the television program. Topics covered in this series include markets and prices, fiscal policy and national output; inflation; productivity, growth, and technology policy; market demand and price elasticity; pollution and the environment; poverty, income inequality, and discrimination; and international trade. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780393971590
  • Publisher: Norton, W. W. & Company, Inc.
  • Publication date: 1/28/1998
  • Edition description: Older Edition
  • Edition number: 5
  • Pages: 600
  • Product dimensions: 7.13 (w) x 9.25 (h) x 1.04 (d)

Table of Contents

Pt. 1 Introduction to Economics
Prologue 1
Ch. 1 What is Economics? 9
Ch. 2 Markets and Prices 34
Pt. 2 National Income and Output
Ch. 3 National Income and Product 63
Ch. 4 Business Fluctuations and Unemployment 81
Ch. 5 The Determination of National Output and the Keynesian Multiplier 108
Ch. 6 Fiscal Policy and National Output 134
Ch. 7 Inflation 158
Pt. 3 Money, Banking, and Stabilization Policy
Ch. 8 Money and the Banking System 175
Ch. 9 The Federal Reserve and Monetary Policy 197
Ch. 10 Stagflation and Anti-inflationary Measures 215
Ch. 11 Productivity, Growth, and Technology Policy 231
Ch. 12 Deficits, Public Debt, and the Federal Budget 247
Ch. 13 Monetary Policy, Interest Rates, and Economic Activity 267
Ch. 14 Controversies over Stabilization Policy 297
Pt. 4 Economic Decision Making: The Firm, The Consumer, Society
Ch. 15 The Business Firm: Organization, Motivation, and Optimal Input Decisions 321
Ch. 16 Getting behind the Demand and Supply Curves 340
Ch. 17 Market Demand and Price Elasticity 369
Ch. 18 Economic Efficiency, Market Supply, and Perfect Competition 394
Ch. 19 Monopoly and Its Regulation 416
Ch. 20 Monopolistic Competition, Oligopoly, and Antitrust Policy 440
Ch. 21 Pollution and the Environment 463
Pt. 5 The Distribution of Income
Ch. 22 The Supply and Demand for Labor 481
Ch. 23 Interest, Rent, and Profit 502
Ch. 24 Poverty, Income Inequality, and Discrimination 520
Pt. 6 Growth, Government, and International Economics
Ch. 25 Economic Growth 543
Ch. 26 Public Goods and the Role of the Government 564
Ch. 27 International Trade 584
Ch. 28 Exchange Rates and the Balance of Payments 602
Glossary
Photo Credits
Index
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