ISBN-10:
0133872270
ISBN-13:
2900133872278
Pub. Date:
02/04/2015
Publisher:
Pearson
Economics / Edition 12

Economics / Edition 12

by Michael Parkin
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  • Product Details

    ISBN-13: 2900133872278
    Publisher: Pearson
    Publication date: 02/04/2015
    Edition description: New Edition
    Pages: 864
    Product dimensions: 6.50(w) x 1.50(h) x 9.50(d)

    About the Author

    Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.

    Professor Parkin’s research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Professor Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.

    Table of Contents

    I. THE SCOPE OF ECONOMICS.

    1. What Is Economics?
    2. Making and Using Graphs.
    3. The Economic Problem.

    II. How Markets Work.

    4. Demand and Supply.
    5. Elasticity.
    6. Efficiency and Equity.
    7. Markets in Action.

    III. HOUSEHOLDS' CHOICES.

    8. Utility and Demand.
    9. Possibilities, Preferences, and Choices.

    IV. FIRMS AND MARKETS.

    10. Organizing Production.
    11. Output and Costs.
    12. Perfect Competition.
    13. Monopoly.
    14. Monopolistic Competition and Oligopoly.

    V. RESOURCE MARKETS.

    15. Demand and Supply in Resource Markets.
    16. Labor Markets.
    17. Inequality, Redistribution, and Health Care.

    VI. MARKET FAILURE AND GOVERNMENT.

    18. Market Failure and Public Choice.
    19. Regulation and Antitrust Law.
    20. Externalities, The Environment, and Knowledge.
    21. Uncertainty and Information.

    VII. THE THEMES OF MACROECONOMICS.

    22. A First Look at Macroeconomics.
    23. Measuring GDP, Economic Growth, and Inflation.
    24. Measuring Employment and Unemployment.
    25. Aggregate Supplyand Aggregate Demand.

    VIII. Aggregate Supply and Economic Growth.

    26. The Economy at Full Employment.
    27. Capital, Investment, and Saving.
    28. Economic Growth.

    IX. AGGREGATE DEMAND AND INFLATION.

    29. Expenditure Multipliers.
    30. Fiscal Policy.
    31. Money.
    32. Monetary Policy.
    33. Inflation.

    X. Stabilization Problems and Policies.

    34. The Business Cycle.
    35. Macroeconomic Policy Challenges.

    XI. THE GLOBAL ECONOMY.

    36. Trading with the World.
    37. International Finance

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