Economics with Calculus

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Overview

This textbook provides a calculus-based introduction to economics. Students blessed with a working knowledge of the calculus will find that this text facilitates their study of the basic analytical framework of economics. The textbook examines a wide range of micro and macro topics, including prices and markets, equity versus efficiency, Rawls versus Bentham, accounting and the theory of the firm, optimal lot size and just in time, monopoly and competition, exchange rates and the balance of payments, inflation and unemployment, fiscal and monetary policy, IS-LM analysis, aggregate demand and supply, speculation and rational expectations, growth and development, exhaustible resources and over-fishing. While the content is similar to that of conventional introductory economics textbook, the assumption that the reader knows and enjoys the calculus distinguishes this book from the traditional text.
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Product Details

  • ISBN-13: 9789812388254
  • Publisher: World Scientific Publishing Company, Incorporated
  • Publication date: 8/24/2004
  • Pages: 632
  • Product dimensions: 6.08 (w) x 9.36 (h) x 1.43 (d)

Table of Contents

1 Introduction 1
2 Production possibilities 23
3 Supply and demand : where do prices come from? 57
4 Maximizing satisfaction 121
5 The business enterprise : theory of the firm 183
6 Market structure 235
7 Distribution : who gets what? 295
8 Monitoring economic performance 333
9 GDP accounting and the multiplier 399
10 Money, prices and output 441
11 Dynamics, expectations and inflation 497
12 Growth and development 553
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