Introductory economics
Author(s)
Bibliographic Information
Introductory economics
Macmillan, 1992
- : pbk
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Note
Includes index
Description and Table of Contents
Description
Clear, easy to read and up to date, Introductory Economics offers a comprehensive text for A-level, A/S and a wide range of other introductory courses. Bringing to the subject a degree of clarity and explanation that has been much needed, this book takes an approach suited to today's courses and teaching methods. *Clear and precise definitions of key concepts. *Thorough treatment of all topics supported by case studies relevant data and diagrams. *Guides students through the pitfalls of Economics, clarifying points of confusion which arise in examinations. *Short questions provide checks on understanding and progress throughout the text. *Focuses on relevance of topics to the real world, and introduces students to the economist's perspective on everyday events. *Provides the most up to date information available, particularly on economic policy. *Ideal for a wide range of introductory courses.
Table of Contents
List of Figures - List of Tables - Preface - Acknowledgements - Glossary - What is Economics? - The Tools of Economic Analysis - Demand, Supply and Market Price - The Price Mechanism and Market Failure - Some Applications of Price Theory - The Basis of Demand - The Laws of Returns - Costs and Revenue - The Finance of Industry - Perfect Competition - Monopoly - Price Discrimination - Imperfect Competition - Labour - Enterprise - Land and Capital - The Distribution of Factor Incomes - National Income and its Measurement - The Determination of National Income - National Income Determination: The Four Sector Economy - Investment - Aggregate Demand and Aggregate Supply - Money and the Creation of Bank Deposits - The Monetary Sector - Monetary Control - Interest Rates - Measuring Changes in the Value of Money - Inflation - Rational Expectations in Economices - International Trade - Free Trade and Protection - The Balance of Payments - Exchange Rate Systems - Europe's Economic Community - Public Finance and Taxation - Stabilisation Policy - Supply-Side Policies in the UK - Development and the Problems of the Less Developed Countries - Index
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