Economics - Study Guide

Economics - Study Guide

by Roger A. Arnold
     
 

With coverage of macroeconomics, microeconomics, and globalization, this introductory textbook outlines basic principles and controversies in the discipline. Specific chapters discuss topics like supply and demand, prices and unemployment, GDP and real GDP, instability, fiscal policy, taxes and government spending, money and banking, the Federal Reserve system,… See more details below

Overview

With coverage of macroeconomics, microeconomics, and globalization, this introductory textbook outlines basic principles and controversies in the discipline. Specific chapters discuss topics like supply and demand, prices and unemployment, GDP and real GDP, instability, fiscal policy, taxes and government spending, money and banking, the Federal Reserve system, monetary policy, expectations theory, growth, elasticity, consumer choice, production and costs, perfect competition, monopoly, game theory, the labor market, unions, poverty, interest and profit, market failure, international trade, and international finance. Arnold teaches at California State University at San Marcos. Annotation (c)2003 Book News, Inc., Portland, OR

Product Details

ISBN-13:
2900538479393
Publisher:
Cengage Learning
Publication date:
11/28/2010
Edition description:
NE

Table of Contents

AN INTRODUCTION TO ECONOMICS. PART ONE: ECONOMICS: THE SCIENCE OF SCARCITY. 1. What Economics is About. Appendix A: Working with Diagrams. 2. Trade, Tradeoffs, and Economics Systems. 3. Supply, Demand, and Price: The Theory. 4. Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior. MACROECONOMICS. PART TWO: MACROECONOMIC FUNDAMENTALS. 5. Macroeconomic Measurements, Part 1: Prices and Unemployment. 6. Macroeconomic Measurements, Part 2: GDP and Real GDP. PART THREE: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY. 7. Aggregate Demand and Aggregate Supply. 8. The Self-Regulating Economy. 9. Economic Instabilty: A Critique of the Self-Regulating Economy. 10. Fiscal Policy. 11. Taxes, Deficits, Surpluses, and the Public Debt. PART FOUR: MONEY, THE ECONOMY, AND MONETARY POLICY. 12. Money and Banking. 13. The Federal Reserve System. 14. Money and the Economy. 15. Monetary Policy. PART FIVE: EXPECTATIONS AND GROWTH. 16. Expectations Theory and the Economy. 17. Economic Growth: Resources, Technology, and Ideas. MICROECONOMICS. PART SIX: MICROECONOMIC FUNDAMENTALS. 18. Elasticity. 19. The Logic of Consumer Choice. Appendix B: Budget Constraint and Indifference Curve Analysis. 20. The Firm. 21. Production and Costs. PART SEVEN: PRODUCT MARKETS AND POLICIES. 22. Perfect Competition. 23. Monopoly. 24. Monopolistic Competition and Oligopoly. 25. Government and Product Markets: Antitrust and Regulation. 26. Agriculture: Farmers' Problems, Government Policies, and Unintended Effects. PART EIGHT: FACTOR MARKETS AND RELATED ISSUES. 27. Factor Markets: With Emphasis on the Labor Market.28. Wages, Unions, and Labor. 29. The Distribution of Income and Poverty. 30. Interest, Rent, and Profit. PART NINE: MARKET FAILURE AND PUBLIC CHOICE. 31. Market Failure: Externalities, Public Goods, and Asymmetric Information. 32. Public Choice: Economic Theory Applied to Politics. THE WORLD ECONOMY. PART TEN: INTERNATIONAL ECONOMICS: THEORY AND POLICY. 33. International Trade. 34. International Finance. 35. International Economic Development.

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