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Economics for Policy Makers : a Guide for Non-Economists.

Author: Gustavo Rinaldi
Publisher: Milton : Routledge, 2019.
Edition/Format:   eBook : Document : EnglishView all editions and formats
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Rinaldi, Gustavo.
Economics for Policy Makers : A Guide for Non-Economists.
Milton : Routledge, ©2019
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Gustavo Rinaldi
ISBN: 9780429754661 0429754663 9780429754654 0429754655
OCLC Number: 1097983217
Notes: 13 Monetary transfers: taxes, benefits, subsidies and social contributions
Description: 1 online resource (349 pages)
Contents: Cover; Half Title; Title; Copyright; Contents; List of figures; List of tables; Foreword; Acknowledgements; Author's note; Microeconomics; Part I Introduction; 1 Economic profit; 1.1 The value of the best foregone alternative: the opportunity cost; 1.2 Sunk costs vs recoverable costs; 1.3 Accounting profit; 1.4 The economic profit: comparing two scenarios; 1.5 Different objectives of the firms; 2 Value added; 2.1 Intermediate consumption and value added; 2.2 Value added and vertical integration; Part II Production and costs; 3 Production and productivity 3.1 Rigid and flexible production techniques3.2 The measurement of efficiency; 3.3 Marginal productivity; 3.4 The cornerstone of industrial negotiations: unit labour cost; 4 Costs; 4.1 Fixed costs and variable costs; 4.2 Marginal and average costs; 4.3 Types of costs; 4.4 The Supply: is the firm ready to sell a certain quantity? At what price?; 4.5 A special cost: the cost of using the market or transaction cost; 5 Economies of scale; 5.1 Reducing the average cost of a firm; 5.2 The causes of economies of scale; 5.3 The limits to economies of scale 5.4 The minimum efficient size and concentrationPart III Customers and competitors; 6 Demand for the products of an industry and of a monopolist; 6.1 An industry and the demand for its product; 6.2 Demand and supply; 6.3 Total revenue and marginal revenue; 6.4 Price-elasticity; 6.5 The effects of income on demand: income-elasticity; 6.6 Price cross-elasticity: complements and substitutes; 7 Market environments; 7.1 Monopoly; 7.2 Perfect competition; 7.3 Oligopoly; 7.4 Monopolistic competition; Macroeconomics; Part IV Introduction to macroeconomics; 8 Key words of national accounts 8.1 Supply (sources) of goods: production (GDP) and imports8.2 Uses of goods: household consumption, private investment, government spending and export; 9 Money and prices; 9.1 Money and other financial assets; 9.2 The demand for and supply of money and the interest rate; 9.3 Money supply and prices; 9.4 Banks are special; 9.5 How much inflation is "too much"?; Part V Foreign economic relations; 10 The foreign trade of goods: exports and imports; 10.1 The quality of goods; 10.2 The (nominal) exchange rate and the exchange rate regimes; 10.3 The real exchange rate 10.4 The determinants of imports10.5 The determinants of exports; 11 Financial movements; 11.1 Main types of financial movements; 11.2 Advantages and disadvantages of foreign portfolio investments; 11.3 Advantages and disadvantages of foreign direct investment (FDI); 11.4 The freedom of movement of capital; 12 International accounts; 12.1 The current account of the balance of payments; 12.2 The capital account of the balance of payments; 12.3 The financial account of the balance of payments; 12.4 The international investment position (IIP); Part VI Fiscal policy

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"This exceptionally useful book does exactly what the title claims: it explains economics simply, in words and graphs. Those without much, if any, training in the subject who find themselves having Read more...

 
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