Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin’s research on macroeconomics, monetary economics, and international economics has resulted in over 160
publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Michael Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.
Parkin, Economics, 10/e
Brief Table of Contents
1. What is Economics
2. The Economic Problem
3. Demand and Supply
4. Elasticity
5. Efficiency and Equity
6. Government Actions in Markets
7. Global Markets in Action
8. Utility and Demand
9. Possibilities, Preferences, and Choices
10. Organizing Production
11. Output and Costs
12. Perfect Competition
13. Monopoly
14. Monopolistic Competition
15. Oligopoly
16. Public Choices and Public Goods
17. Economics of the Environment
18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information
21. Measuring GDP and Economic Growth
22. Monitoring Jobs and Inflation
23. Economic Growth
24. Finance, Saving, and Investment
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments
27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers: The Keynesian Model
29. U.S. Inflation, Unemployment, and Business Cycle
30. Fiscal Policy
31. Monetary Policy
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