The Rough Guide to Economics

The Rough Guide to Economics

by Andrew Mell, Oliver Walker

Paperback

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Product Details

ISBN-13: 9781409363972
Publisher: Apa Publications UK, Ltd.
Publication date: 03/31/2014
Series: Rough Guides Reference Series
Pages: 336
Sales rank: 1,240,500
Product dimensions: 5.00(w) x 7.70(h) x 0.40(d)

About the Author

Rough Guides are written by expert authors who are passionate about both writing and travel. They have detailed knowledge of the areas they write about—having either traveled extensively or lived there—and their expertise shines through on every page. It's priceless information, delivered with wit and insight, providing the down-to-earth, honest read that is the hallmark of Rough Guides.

Table of Contents

Preface v

Acknowledgements vi

Part 1 The basics

1 What is economics? 3

2 The economic mindset: homo economicus vs. behavioural economics 17

Part 2 Markets and competition-the invisible hand

3 Demand 47

4 Production and supply 63

5 Markets, equilibrium, and the welfare theorems 86

Part 3 Market and government failure

6 Externalities and public goods 103

7 Monopoly 123

Part 4 Further topics in microeconomics

8 Game theory and oligopoly 139

9 Information and contracting 161

10 The economics of finance 175

Part 5 Macroeconomics-"the economy"

11 Basics of national income accounting 189

12 Economic growth 205

13 The classical model 220

14 The Great Depression and Keynes 236

15 The Phillips curve, Friedman, and monetarism 257

16 Open-economy macroeconomics 275

Part 6 Hot topics

17 Globalization and international trade 291

18 Development economics 309

19 The financial crisis of 2007-8 322

Part 7 Resources

Books 347

Websites 349

Index 351

Picture credits 362

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