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9780199563388

Economics

by ;
  • ISBN13:

    9780199563388

  • ISBN10:

    0199563381

  • Edition: 12th
  • Format: Paperback
  • Copyright: 2011-05-15
  • Publisher: Oxford University Press
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List Price: $101.28

Summary

The 12th edition of this classic text has built upon the success of previous editions but 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 comprehensible 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: - PowerPoint slides with audio commentary - instructor's manual - test bank - figures from the text

Table of Contents


1. Economic Issues and Concepts
2. How Economists Work
PART 1: MARKETS AND CONSUMERS
3. Demand, Supply, and Price
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 Labor Market
12. Capital, Investment, and New Technology
PART 4: GOVERNMENT AND THE MARKET
13. Market Failure
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
27. International Trade

Supplemental Materials

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