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Document Type: | Book |
---|---|
All Authors / Contributors: |
William J Baumol; Alan S Blinder |
ISBN: | 0324221150 9780324221152 9780324537017 0324537018 032432345X 9780324323450 |
OCLC Number: | 62547615 |
Description: | xxvii, 505 pages : illustrations (chiefly color) ; 28 cm |
Contents: | Part I. Getting Acquainted with Economics -- 1. What Is Economics? -- 2. The Economy: Myth and Reality -- 3. The Fundamental Economic Problem: Scarcity and Choice -- 4. Supply and Demand: An Initial Look -- Part II. The Building Blocks of Demand and Supply -- 5. Consumer Choice: Individual and Market Demand -- 6. Demand and Elasticity -- 7. Production, Inputs, and Cost: Building Blocks for Supply Analysis -- 8. Output, Price, and Profit: The Importance of Marginal Analysis -- 9. Investing in Business: Stocks and Bonds -- Part III. Markets and the Price System -- 10. The Firm and the Industry under Perfect Competition -- 11. Monopoly -- 12. Between Competition and Monopoly -- 13. Limiting Market Power: Regulation and Antitrust -- Part IV. The Virtues and Limitations of Markets -- 14. The Case for Free Markets I. The Price System -- 15. The Shortcomings of Free Markets -- 16. The Case for Free Markets II. Innovation and Growth -- 17. Externalities, the Environment and Natural Resources -- 18. Taxation and Resource Allocation -- Part V. The Distribution of Income -- 19. Pricing the Factors of Production -- 20. Labor: The Human Input -- 21. Poverty, Inequality, and Discrimination -- Part VI. The United States in the World Economy -- 22. International Trade and Comparative Advantage. |
Responsibility: | William J. Baumol, Alan S. Blinder. |
More information: |
Abstract:
Uses the aggregate supply/ aggregate demand model as a fundamental tool for learning macroeconomics. This book presents complicated concepts in a straightforward manner and uses timely economic data. It uses puzzles, issues, and examples to provide a balance of theory to application.
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