Economics: Principles, problems, and policies

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ISBN: 9780070449138 | 0070449139
Cover: Hardcover
Copyright: 1/1/1978

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Supplemental Materials

Preface
Acknowledgments
Suggested One-Semester and One-Quarter Course
Outlines
An Introduction to Economics and the Economy
The Nature and Method of Economics	p. 1
The Economizing Problem	p. 19
Pure Capitalism and the Circular Flow	p. 35
Understanding Individual Markets: Supply and Demand	p. 47
The Private Sectors and the Market System	p. 67
The Public Sector	p. 88
National Income, Employment, and Fiscal Policy
Measuring Domestic Output, National Income, and the Price Level	p. 105
Macroeconomic Instability: Unemployment and Inflation	p. 129
Aggregate Demand and Aggregate Supply	p. 151
Classical and Keynesian Theories of Employment	p. 171
Equilibrium Domestic Output in the Keynesian Model	p. 196
Fiscal Policy	p. 221
Money, Banking, and Monetary Policy
Money and Banking	p. 243
How Banks Create Money	p. 264
The Federal Reserve Banks and Monetary Policy	p. 281
Problems and Controversies in Macroeconomics
Alternative Views: Monetarism and Rational Expectations	p. 305
The Inflation-Unemployment Relationship	p. 324
Budget Deficits and the Public Debt	p. 349
Economic Growth	p. 365
Microeconomics of Product and Resource Markets
Demand and Supply: Elasticities and Applications	p. 383
Consumer Behavior and Utility Maximization	p. 402
The Costs of Production	p. 418
Price and Output Determination: Pure Competition	p. 438
Price and Output Determination: Pure Monopoly	p. 465
Price and Output Determination: Monopolistic Competition	p. 485
Price and Output Determination: Oligopoly	p. 498
Production and the Demand for Resources	p. 518
The Pricing and Employment of Resources: Wage Determination	p. 533
The Pricing and Employment of Resources: Rent, Interest, and Profits	p. 553
General Equilibrium: The Market System and Its Operation	p. 567
Government and Current Economic Problems
Government and Market Failure: Public Goods, the Environment, and Information Problems	p. 579
Public Choice Theory and Taxation	p. 599
Antitrust and Regulation	p. 619
Agriculture: Economics and Policy	p. 638
Income Inequality and Poverty	p. 654
Labor Market Issues: Unionism, Discrimination, and Immigration	p. 672
International Economics and the World Economy
International Trade: Comparative Advantage and Protectionism	p. 697
Exchange Rates, the Balance of Payments, and Trade Deficits	p. 720
Growth and the Less Developed Countries	p. 745
The Soviet Economy in Transition	p. 765
Glossary	p. G1
Index	p. I1
Table of Contents provided by Blackwell. All Rights Reserved.

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Economics: Principles, problems, and policies

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