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9780199586547

Foundations of Economics

by
  • ISBN13:

    9780199586547

  • ISBN10:

    0199586543

  • Edition: 2nd
  • Format: Paperback
  • Copyright: 2011-05-19
  • Publisher: Oxford University Press
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List Price: $69.33

Summary

Building upon the success of the first edition,Foundations of Economicsis the ideal text for students taking their first course in economics. Assuming no prior knowledge, it introduces students to both microeconomic and macroeconomic principles. Its student-friendly approach is reflected by the topical real-world examples applying theory to practice and the step-by-step explanations of the key concepts. Online Resource Centre For lecturers: - Instructor manual - PowerPoints - MCQ test bank - Questions directly linked to chapters in the book and news stories - VLE cartridge. For students: - Walk-throughs of key concepts with screen grabs and audio - Self-test questions - Links to news stories with commentary from the author - An author blog - Weblinks and hints for research - Updated RSS international news feeds.

Table of Contents


Part 1: Microeconomics
1. What is economics?
2. The production possibility frontier
3. Demand
4. The elasticity of demand
5. Supply
6. Market equilibrium
7. The free market system: advantages and disadvantages
8. Intervening in the market system (now including integration and competition policy)
9. Costs: short run and long run
10. Revenues, cost and profit
11. Perfect competition
12. Monopoly
13. Oligopoly
14. Monopolistic competition and non-price competition
15. Barriers to entry and price discrimination
16. Business objectives
17. The labour market
Part 2: Macroeconomics
18. Introduction to macroeconomics
19. Equilibrium in the economy
20. National income and the standard of living
21. Economic growth and the economic cycle
22. Aggregate demand, aggregate supply and the price level
23. Consumption
24. Investment
25. Fiscal policy
26. Unemployment
27. Money and monetary policy
28. Inflation
29. International trade, balance of payments and protectionism
30. Exchange rates

Supplemental Materials

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