内容

目次

Part 1 Basic concepts: the fundamentals of economics; the shiftingboundary between markets and government; basic elements of supply anddemand. Part 2 Microeconomics: supply, demand, and product markets;applications of supply and demand; demand and consumer behaviour;production and business organization; analysis of costs; the behaviourof perfectly competitive markets; imperfect competition and its polarcase monopoly; oligopoly and monopolistic competition; uncertainty andgame theory. Part 3 factor markets and the distribution of income: howmarkets determine incomes; the labour market; land and capital; marketsand economic efficiency. Part 4 Economic policies of state and market;government taxation and expenditure; curbing market power; protectingthe environment; efficiency versus equality - the big trade off. Part 5Macroeconomics - the study of growth and business cycles; overview ofmacroeconomics; measuring economic activity; consumption andinvestment; business cycles and the theory of aggregate demand; themultiplier model; money and commercial banking; central banking andmonetary policy. Part 6 Economic growth and macroeconomic policy: theprocess of economic growth; the challenge of economic development(moved to integrate with growth theory); unemployment and thefoundation of aggregate supply; ensuring price stability; open economymacroeconomics (new chapter); A - foreign trade and economic activity,B - interdependence in the global economy; the Warring schools ofmacroeconomics; policies for growth and stability. Part 7 Internationaltrade and the world economy; international trade and exchange rates;comparative advantage and protectionism; managing the global economy.