Essential readings in economics
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Bibliographic Information
Essential readings in economics
Macmillan, 1995
- : pbk
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Includes bibliographical references and index
Description and Table of Contents
Description
Intellectual advances in economics often come from debates that have been long forgotten but which offer context, depth and clarity to contemporary study. Essential Readings in Economics makes available in a single volume some of the seminal papers in the areas of microeconomics and macroeconomics for intermediate courses in economic principles. The readings are organised in two groups: Microeconomics and Macroeconomics. Part 1 looks at topics ranging from 'The Theory of Demand' and 'The Firm and Supply' to 'The Economics of Uncertainty and Information'. In Part 2 the wide ranging debates over the last 55 years are illustrated with contributions from Keynes, Friedman, Phillips and other leading Economists. This vigorous and accessible collection of readings is intended to supplement and extend the understanding students could obtain from conventional introductory textbooks.
Table of Contents
- PART 1: MICROECONOMICS Introduction.- Theory of Consumer Demand Value and Capital, Chapter 2
- J.R. Hicks.- Theory of the Firm and Supply The Nature of the Firm
- R.H. Coase.- The Concept of Monopoly and the Measurement of Monopoly Power
- A. Lerner.- Monopoly and Resource Allocation
- A. Harberger.- Strategic Competition Among the Few. Some Recent Developments in the Economics of Industry
- J. Vickers.- General Equilibrium and Welfare The Anatomy of Market Failure
- F. Bator.- Diagrammatic Exposition of A Theory of Public Expenditure
- P.A. Samuelson.- Economics of Mecahnism
- G. Akerlof.- PART 2: MACROECONOMICS Inflation and Unemployment How Important Is It To Defeat Inflation? The Evidence
- R. Bootle.- The Role of Monetary Policy
- M.Friedman.- Inflation and Unemployment
- J. Tobin.- The Nature of Unemployment Unemployment Policy
- R.E. Lucas Jr.- On Theories of Unemployment
- R.M. Solow.- Efficiency Wage Models of Unemployment
- J. Yellen.- The Business Cycle The General Theory of Employment, Interest and Money
- J.M. Keynes.- Understanding Business Cycles
- R.E. Lucas Jr.- Real Business Cycles: A Keynesian Perspective
- N.G. Mankiw.- Control of Macroeconomic Fluctuations A Monetary and Fiscal Framework for Economic Stability
- M. Friedman.- Rational Expectations and the Theory of Economic Policy
- T.J. Sargent & N. Wallace.- The Monetarist Controversy....
- F. Modigliani.
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