9780030982385

Principles of Economics

by
  • ISBN13:

    9780030982385

  • ISBN10:

    0030982383

  • Edition: 1st
  • Format: Paperback
  • Copyright: 8/25/1997
  • Publisher: South-Western College Pub
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Summary

His most recent book--"Principles of Economics"--is the most talked about economics text of our time and will likely teach the next generations of undergrads the laws of supply and demand. We're sure his columns for "Fortune" will be as informative and elegant.

Table of Contents

PART I INTRODUCTION 1(59)
Ten Principles of Economics
3(14)
Thinking Like an Economist
17(28)
Interdependence and the Gains from Trade
45(14)
PART II SUPPLY AND DEMAND I: HOW MARKETS WORK 59(72)
The Market Forces of Supply and Demand
61(28)
Elasticity and Its Application
89(22)
Supply, Demand, and Government Policies
111(20)
PART III SUPPLY AND DEMAND II: MARKETS AND WELFARE 131(66)
Consumers, Producers, and the Efficiency of Markets
133(22)
Application: The Costs of Taxation
155(18)
Application: International Trade
173(24)
PART IV THE ECONOMICS OF THE PUBLIC SECTOR 197(64)
Externalities
199(20)
Public Goods and Common Resources
219(18)
The Design of the Tax System
237(24)
PART V FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY 261(120)
The Costs of Production
263(20)
Firms in Competitive Markets
283(20)
Monopoly
303(34)
Oligopoly
337(26)
Monopolistic Competition
363(18)
PART VI THE ECONOMICS OF LABOR MARKETS 381(64)
The Markets for the Factors of Production
383(18)
Earnings and Discrimination
401(20)
The Distribution of Income
421(24)
PART VII ADVANCED TOPIC 445(30)
The Theory of Consumer Choice
447(28)
PART VIII THE DATA OF MACROECONOMICS 475(38)
Measuring a Nation's Income
477(18)
Measuring the Cost of Living
495(18)
PART IX THE REAL ECONOMY IN THE LONG RUN 513(76)
Production and Growth
515(26)
Saving, Investment, and the Financial System
541(24)
The Natural Rate of Unemployment
565(24)
PART X MONEY AND PRICES IN THE LONG RUN 589(46)
The Monetary System
591(18)
Inflation: Its Causes and Costs
609(26)
PART XI THE MACROECONOMICS OF OPEN ECONOMIES 635(44)
Open-Economy Macroeconomics: Basic Concepts
637(22)
A Macroeconomic Theory of the Open Economy
659(20)
PART XII SHORT-RUN ECONOMIC FLUCTUATIONS 679(78)
Aggregate Demand and Aggregate Supply
681(26)
The Influence of Monetary and Fiscal Policy on Aggregate Demand
707(26)
The Short-Run Tradeoff between Inflation and Unemployment
733(24)
PART XIII FINAL THOUGHTS 757(20)
Five Debates over Macroeconomic Policy
759(18)
Glossary 777(6)
Credits 783(2)
Index 785

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