Essentials of economics

Bibliographic Information

Essentials of economics

Paul R. Gregory

(Addison-Wesley series in economics)

Addison-Wesley, c2002

5th ed

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Note

Includes index

Description and Table of Contents

Description

Essentials of Economics offers brief yet balanced coverage of basic microeconomic and macroeconomic principles. Designed for the one-semester course, the fifth edition provides students with a practical view of economic theories through thoroughly updated real-world examples, applications, and data. Gregory explores numerous modern topics in a non-technical manner, including modern industrial organization, information economics, public choice and adaptive and rational expectations. Coverage of modern microeconomics sets the stage for a discussion of macroeconomics, providing a logical sequence that parallels how the field evolved.

Table of Contents

I. INTRODUCTION TO ECONOMICS. 1. Scarcity, Choice, and Opportunity Costs. 2. How a Market Economy Works: The Price System. 3. Market Demand, Supply, and Elasticity. 4. The Economics of Information. II. ESSENTIALS OF MICROECONOMICS. 5. Costs and Productivity. 6. Competitive Markets. 7. Monopoly and Oligopoly. III. MICROFOUNDATION OF MACROECONOMICS. 8. The Labor Market: Employment, Unemployment, and Wages. 9. Saving, Investment, and Interest Rates. 10. Government Spending, Taxation, and Deficits. IV. ESSENTIALS OF MACROECONOMICS. 11. Macroeconomic Issues: Economic Growth and the Business Cycle. 12. Aggregate Supply and Aggregate Demand. 13. Money and Banking. 14. Inflation and Unemployment. 15. Stabilization. V. INTERNATIONAL ECONOMICS. 16. International Trade and Globalization. 17. The International Monetary System.

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Details

  • NCID
    BA56889472
  • ISBN
    • 0321088212
  • LCCN
    01040000
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Boston ; Tokyo
  • Pages/Volumes
    xiv, 322 p.
  • Size
    24 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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