Study Guide (Revised) for use with The Economy Today

by Schiller, Bradley R.

• ISBN13: 9780072429558
• ISBN10: 0072429550
• Edition: 8th
• Format: Paperback
• Copyright: 2000-04-20
• Publisher: McGraw-Hill/Irwin

Table of Contents

Preface	vii
Acknowledgments	ix
Economics: The Core Issues	1	(18)
The U.S. Economy: A Global View	19	(12)
Supply and Demand	31	(20)
The Public Sector	51	(12)
PART 1 MAJOR PROBLEMS	63	(38)
National-Income Accounting	63	(12)
Unemployment	75	(14)
Inflation	89	(12)
PART 2 CYCLICAL INSTABILITY	101	(42)
The Business Cycle	101	(14)
Aggregate Spending	115	(16)
Self-Adjustment or Instability?	131	(12)
PART 3 FISCAL POLICY OPTIONS	143	(28)
Fiscal Policy	143	(14)
Deficits, Surpluses, and Debts	157	(14)
PART 4 MONETARY POLICY OPTIONS	171	(40)
Money and Banks	171	(14)
The Federal Reserve System	185	(14)
Monetary Policy	199	(12)
PART 5 SUPPLY-SIDE OPTIONS	211	(28)
Supply-Side Policy: Short-Run Options	211	(16)
Growth and Productivity: Long-Run Possibilities	227	(12)
PART 6 CURRENT POLICIES	239	(26)
Global Macro	239	(12)
Theory and Reality	251	(14)
PART 7 PRODUCT MARKETS: THE BASICS	265	(40)
The Demand for Goods	265	(24)
The Costs of Production	289	(16)
PART 8 MARKET STRUCTURE	305	(70)
The Competitive Firm	305	(16)
Competitive Markets	321	(14)
Monopoly	335	(14)
Oligopoly	349	(14)
Monopolistic Competition	363	(12)
PART 9 REGULATORY ISSUES	375	(38)
(De)Regulation of Business	375	(12)
Environmental Protection	387	(16)
The Farm Problem	403	(10)
PART 10 FACTOR MARKETS: BASIC THEORY	413	(42)
The Labor Market	413	(18)
Labor Unions	431	(14)
Uncertainty, Risk, and Financial Markets	445	(10)
PART 11 DISTRIBUTIONAL ISSUES	455	(24)
Taxes: Equity vs. Efficiency	455	(14)
Transfer Payments: Welfare and Social Security	469	(10)
PART 12 INTERNATIONAL ECONOMICS	479
International Trade	479
International Finance	493
The New Capitalist Revolutions: Russia, China, Cuba	507