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The instant economist : everything you need to know about how the economy works

Author: Timothy Taylor
Publisher: New York : Plume, ©2012.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists--when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: why do budget deficits matter? What  Read more...
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Document Type: Book
All Authors / Contributors: Timothy Taylor
ISBN: 9780452297524 0452297524
OCLC Number: 727703153
Notes: "A Plume book."
"The great courses" -- Cover.
Description: x, 260 p. : ill. ; 21 cm.
Contents: How economists think --
Division of labor --
Supply and demand --
Price floors and ceilings --
Elasticity --
The labor market and wages --
Financial markets and rates of return --
Personal investing --
From perfect competition to monopoly --
Antitrust and competition policy --
Regulation and deregulation --
Negative externalities and the environment --
Positive externalities and technology --
Public goods --
Poverty and welfare programs --
Inequality --
Imperfect information and insurance --
Corporate and political governance --
Macroeconomics and gross domestic product --
Economic growth --
Unemployment --
Inflation --
The balance of trade --
Aggregate supply and aggregate demand --
The unemployment-inflation trade-off --
Fiscal policy and budget deficits --
Countercyclical fiscal policy --
Budget deficits and national saving --
Money and banking --
The Federal Reserve and its powers --
The conduct of monetary policy --
The gains of international trade --
The debates over protectionism --
Exchange rates --
International financial crashes --
A global economic perspective.
Responsibility: Timothy Taylor.

Abstract:

Tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: Why do budget deficits matter? What exactly does the Federal Reserve do? Does globalization take  Read more...

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