Economics: Principles and Policy / Edition 8

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Orlando, FL 1999 Hardcover 8th Edition New Condition Used book, good condition, all pages clean. Quantity Available: 1. Category: Economics; ISBN: 0030259487. ISBN/EAN: ... 9780030259487. Inventory No: 1560747856. Read more Show Less

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Overview

Since introducing the aggregate supply/aggregate demand model as a fundamental tool for learning economics in the first edition of their textbook, William Baumol and Alan Blinder have, for over two decades, led the teaching and learning of economics with their authoritative and timely discussion of the field. Now in its eighth edition, Economics; Principles and Policy, 8/e remains a time-tested tool in teaching and learning the ever-evolving field of economics.

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Editorial Reviews

From the Publisher
"The text is very strong as is. It addresses topics at just the right level of depth/complexity for my students."

"I continue to enjoy using the Baumol and Blinder text. My students find it clear, relevant and accessible."

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Product Details

  • ISBN-13: 9780030259487
  • Publisher: Cengage Learning
  • Publication date: 8/2/1999
  • Edition description: Older Edition
  • Edition number: 8
  • Pages: 816
  • Product dimensions: 8.80 (w) x 11.20 (h) x 1.18 (d)

Meet the Author

William J. Baumol received his BSS at the College of the City of New York and his Ph.D. at the University of London. He is professor of economics at New York University, and senior research economist and professor emeritus at Princeton University. He is a frequent consultant to the management of major firms in a wide variety of industries in the United States and other countries, as well as to a number of governmental agencies. He has been president of the American Economic Association, and three other professional societies. He is an elected member of the National Academy of Sciences, created by the U.S. Congress, and of the American Philosophical Society, founded by Benjamin Franklin. Baumol is the author of more than thirty-five books, and hundreds of journal and newspaper articles that have been translated into more than a dozen languages.

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Table of Contents

PART I. GETTING ACQUAINTED WITH ECONOMICS 1. What Is Economics? 2. The Use and Misuse of Graphs 3. The Economy: Myth and Reality 4. Scarcity and Choice: The Economic Problem 5. Supply and Demand: An Initial Look PART II. THE BUILDING BLOCKS OF DEMAND AND SUPPLY 6. Consumer Choice: Individual and Market Demand 7. Demand and Elasticity 8. Production, Inputs, and Cost: Building Blocks for Supply Analysis 9. Output, Price, and Profit: The Importance of Marginal Analysis PART III. MARKETS, FROM COMPETITION TO MONOPOLY: VIRTUES AND VICES 10. The Firm and The Industry under Perfect Competition 11. The Price System and the Case for Free Markets 12. Monopoly 13. Between Competition and Monopoly 14. The Market Mechanism: Shortcomings and Remedies 15. Microeconomics of Innovation: Prime Engine of Growth 16. Real Firms and Their Financing: Stocks and Bonds PART IV. THE DISTRIBUTION OF INCOME 17. Pricing the Factors of Production 18. Labor: The Human Input 19. Poverty, Inequality, and Discrimination PART V. THE GOVERNMENT AND THE ECONOMY 20. Limiting Market Power: Regulation and Antitrust 21. Taxation and Resource Allocation 22. Externalities, the Environment, and Natural Resources PART VI. THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND 23. The Realm of Macroeconomics 24. The Goals of Macroeconomic Policy 25. Income and Spending: The Powerful Consumer 26. Demand-Side Equilibrium: Unemployment or Inflation? 27. Changes on the Demand Side: Multiplier Analysis 28. Supply-Side Equilibrium: Unemployment and Inflation? PART VII. FISCAL AND MONETARY POLICY 29. Managing Aggregate Demand: Fiscal Policy 30. Money and the Banking System 31. Monetary Policy and the National Economy 32. The Debate Over Monetary Policy 33. Deficits, Monetary Policy, and Growth 34. The Phillips Curve and Economic Growth PART VIII. THE UNITED STATES IN THE WORLD ECONOMY 35. International Trade and Comparative Advantage 36. The International Monetary System: Order or Disorder? 37. Exchange Rates and the Macroeconomy

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