Principles of Economics : Global Financial Crisis

by Taylor,John B.

• ISBN13: 9781439078204
• ISBN10: 1439078203
• Edition: 6th
• Format: Hardcover
• Copyright: 2009-06-15
• Publisher: South-Western College/West

Summary

Gain a better understanding of today's global financial crisis, its possible causes and potential consequences with the thoroughly revised PRINCIPLES OF ECONOMICS, 6E: GLOBAL FINANCIAL CRISIS EDITION by economic expert John B. Taylor and Akila Weerapana. Completely updated chapters emphasize the latest developments in monetary policy, economic fluctuations, money and inflation, and capital and financial markets. As former Undersecretary of the Treasury for International Affairs and one of the most respected voices in economics today, author John Taylor provides unique insights and a strong international perspective on today's issues with updated data through the Obama Administration. Clearly written, concise coverage of current economic theories provides refreshing examples, engaging applications, and Aplia homework solution to ensure your understanding of economic developments as they happen.

Table of Contents

Introduction To Economics

The Central Idea

Observing and Explaining the Economy. 2A

Appendix to Chapter 2: Reading, Understanding, and Creating Graphs

The Supply and Demand Model

Subtleties of the Supply and Demand Model: Price Floors, Price Ceilings, and Elasticity

Principles Of Microeconomics

The Demand Curve and the Behavior of Consumers. 5A

Appendix to Chapter 5: Consumer Theory with Indifference Curves

The Supply Curve and the Behavior of Firms

The Interaction of People in Markets

The Economics Of The Firm

Costs and the Changes at Firms over Time. 8A

Appendix to Chapter 8: Producer Theory with Isoquants

The Rise and Fall of Industries

Monopoly

Product Differentiation, Monopolistic Competition, and Oligopoly

Antitrust Policy and Regulation

Markets, Income Distribution, And Public Goods

Labor Markets

Taxes, Transfers, and Income Distribution

Public Goods, Externalities, and Government Behavior

Capital and Financial Markets. 16A

Appendix to Chapter 16: Present Discounted Value

Principles Of Macroeconomics

Macroeconomics: The Big Picture. 17A Appendix to

The Miracle of Compound Growth

Measuring the Production, Income, and Spending of Nations

The Spending Allocation Model

Unemployment and Employment

Productivity and Economic Growth. 21A

Appendix to Chapter 21: Deriving the Growth Accounting Formula

Money and Inflation

Economic Fluctuations And Macroeconomic Policy

The Nature and Causes of Economic Fluctuations. 23A

Appendix to Chapter 23: Deriving the Formula for the Keynesian Multiplier and the Forward-Looking Consumption Model

The Economic Fluctuations Model

Using the Economic Fluctuations Model

Fiscal Policy

Monetary Policy and the Financial Crisis

Trade And Global Markets

Economic Growth and Globalization

The Gains from International Trade

International Trade Policy

Glossary

Index

Credits

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