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Economics "Theory and Practice"

Economics "Theory and Practice"

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  • ISBN:9781118233597
  • Editorial: Wiley & Sons Ltd.
  • Fecha de la edición:
  • Número de la edición: 10
  • Encuadernación:
  • Nº Pág.:560
  • Idiomas:Español

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This book provides information about fundamental institutions and relationships that affect quality of life, and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics.

PART ONE Introduction to Economics 1 CHAPTER 1 Introduction to Economics 3 CHAPTER 2 Economic Decision Making and Economic Systems 35 CHAPTER 3 Demand, Supply, and Price Determination 63 PART TWO The Macroeconomy 101 CHAPTER 4 Goals and Problems of the Macroeconomy: Employment, Prices, and Production 103 CHAPTER 5 Foundations of the Macroeconomy 141 CHAPTER 6 The Role of Government in the Macroeconomy 173 CHAPTER 7 Money, Financial Institutions, and the Federal Reserve 203 CHAPTER 8 Money Creation, Monetary Theory, and Monetary Policy 231 CHAPTER 9 Macroeconomic Viewpoints and Models 259 PART THREE The Microeconomy 283 CHAPTER 10 Households and Businesses: An Overview 285 CHAPTER 11 Benefits, Costs, and Maximization 305 CHAPTER 12 Production and the Costs of Production 335 CHAPTER 13 Competition and Market Structures 365 CHAPTER 14 Government and the Markets 405 CHAPTER 15 Labor Markets, Unions, and the Distribution of Income 431 PART FOUR The International Economy 461 CHAPTER 16 International Trade 463 CHAPTER 17 International Finance 485 Glossary 507 Answers to "Test Your Understanding" 517 Index 525

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