Could the theory be revised and presented in a different manner? How can basic economic theory be used to help explain the past failures in understanding transition problems and to avoid future mistakes? This volume is a "must read" for all who teach economics or apply economics to the real world.
|Publisher:||Taylor & Francis|
|Edition description:||New Edition|
|Product dimensions:||6.00(w) x 9.00(h) x 0.68(d)|
Table of Contents
List of Tables, Boxes, Graphs; Introduction; 1. The Basic Market Mechanism; 2. Firms and the Markets They Operate In; 3. The Factors of Production; 4. The Role of Government; 5. Measuring Economic Activity: The Key to Understanding; 6. Macroeconomics; 7. Monetary Policy and Its Prerequisites; 8. Foreign Exchange Rates and Exchange Rate Crises; 9. Transition in the Context of the International Financial System; 10. The Consequences for Open-Economy Macroeconomics; 11. Benevolent and Malevolent Markets; 12. Japan: The First Demographic Transition; 13. Conclusion; Notes; Index; About the Authors