Economics U. S. A. / Edition 4

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Economics U$A introduces the reader to economics and how it applies to real world situations. Case studies in each chapter illustrate specific topics such as the savings and loan crisis, economic growth in Asia, deficit cutting, and the shift from communism to capitalism. Find out how environmental issues like global warming affect the economy, how to finance a home and determine mortgage payments, and how the government and the economy influence research, development, and technological innovation.
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Product Details

  • ISBN-13: 9780393966411
  • Publisher: Norton, W. W. & Company, Inc.
  • Publication date: 2/28/1995
  • Edition description: Older Edition
  • Edition number: 4
  • Pages: 648

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
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