Economics
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Bibliographic Information
Economics
Oxford University Press, c2011
12th ed
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Note
Includes index
Description and Table of Contents
Description
The twelfth edition of this classic text has built upon the success of previous editions and has been thoroughly updated and revised to give students a deeper understanding and appreciation of the core principles of Economics. Suitable for beginners, Economics is accessible but has a rigour that will stretch readers to achieve their full potential. In-depth explanations of key theoretical concepts are balanced with a wide range of real-world examples to help students understand and apply their knowledge. Online Resource Centre For students: - Self-test questions - Economics in the news - Interactive chapters - Web links - Flashcard glossary - Authors' blog For lecturers: - Animated PowerPoint slides - Instructor's manual - Test bank - Figures from the text
Table of Contents
- PART 1: MARKETS AND CONSUMERS
- 1. Economic Issues and Concepts
- 2. How Economists Work
- 3. Demand and Supply
- 4. Elasticity of Demand and Supply
- 5. Consumer Choice: Indifference Theory
- PART 2: MARKETS AND FIRMS
- 6. The Cost Structure of Firms
- 7. Perfect Competition
- 8. Monopoly
- 9. Imperfect Competition
- PART 3: MARKETS FOR INPUTS
- 10. Demand and Supply of Inputs
- 11. The Labour Market
- 12. Capital, Investment, and New Technology
- PART 4: GOVERNMENT AND THE MARKET
- 13. Successes and Failures of Markets
- 14. The Role of Government
- PART 5: MACROECONOMICS: ISSUES AND FRAMEWORK
- 15. Macroeconomic Issues and Measurement
- 16. A Basic Model of the Determination of GDP in the Short Term
- 17. GDP in an Open Economy with Government
- 18. GDP and the Price Level in the Short Run
- 19. GDP and the Price Level in the Long Run
- PART 6: MACROECONOMIC POLICY IN A MONETARY ECONOMY
- 20. Money and Monetary Institutions
- 21. The Role of Money in Macroeconomics
- 22. The Balance of Payments and Exchange Rates
- 23. Macroeconomic Policy in an Open Economy
- PART 7: GLOBAL ECONOMIC ISSUES
- 24. Inflation
- 25. Unemployment
- 26. Economic Growth and Sustainability
- 27. International Trade
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