Economics revision guide
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Bibliographic Information
Economics revision guide
Macmillan, 1994
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Description and Table of Contents
Description
This revision guide summarizes the essential elements of economics theory in a pocket sized book. Written with the needs of students in mind, it indicates relationships between areas of study, and presents the important points with a visual impact, making them easier to remember. The book is a useful aide to pre-examination revision for all students taking courses in introductory economics. It can be used along side any introductory text book including Jack Harvey's "Modern Economics 6th edition".
Table of Contents
PART I INTRODUCTION - What Economics is About - Methods of Allocating Resources - PART II WHAT TO PRODUCE - How Price is Formed in the Free Market - Applications of Demand and Supply Analysis - A Further Look at Demand - PART III HOW TO PRODUCE - THE THEORY OF PRODUCTION - The Firm - The Organisation and Scale of Production - The Distribution of Goods to the Consumer - The Location of Production - Combining the Factors of Production - Deciding the Most Profitable Output - The Supply Curve of Industry Under Perfect Competition - Rewarding the Factors Production: the Marginal Productivity Theory of Distribution - PART IV THE GOVERNMENT AND THE ALLOCATION OF RESOURCES - Market Failure and the Role of Government - Monopoly - Imperfect Competition: Other Forms - Externalities and Cost-benefit Analysis - The Environment: Conservation and Pollution - The Provision of Goods and Services by the Public Sector - PART V REWARDS TO THE DIFFERENT FACTORS OF PRODUCTION - Labour and Wages - Capital and Interest - Land and Rent - Entrepreneurship and Profit - PART IV MONEY AND FINANCIAL INSTITUTIONS - Money and the Rate of Interest - Financial Markets - Clearing Banks - The Bank of England - PART VII THE GOVERNMENT AND THE STABILISATION POLICY - Measuring the Level of Activity: National Income Calculations - Unemployment - The Level of Output and Aggregate Demand: the Keynesian Explanation - Employment and the Price Level - Inflation: Its Effects - Policies to Achieve Price Stability - Economic Growth - Balanced Regional Development - Public Finance - PART VIII INTERNATIONAL TRADE - The Nature of International Trade - The Balance of Payments - Foreign Exchange Rates - The Correction of a Balance-of-Payments Disequilibrium - The European Community - PART IX LOOKING INTO THE FUTURE - The Population of the UK - Current Problems and Policies of the UK
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