Economics: An Introductory Analysis
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Economics

An Introductory Analysis

By Paul A. Samuelson, William D. Nordhaus (Revised by), Williams Norhaus

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Format: Hardback, 832 pages, 16th Revised edition Edition
Other Information: Illustrations (some col.)
Published In: United States, 01 January 1998
For 50 years the world's most recognized economics textbook and reference, "Samuelson" has given "the world a common economic language". Co-authored by Paul Samuelson, the first American to win the Nobel Prize in Economics, this new edition is clear, accurate, and interesting with a practical emphasis on the analytical core of economics, the analysis of market economics (micro) and economic growth (macro)

Table of Contents

Part 1 Basic concepts: the fundamentals of economics; the shifting boundary between markets and government; basic elements of supply and demand. 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 behaviour of perfectly competitive markets; imperfect competition and its polar case monopoly; oligopoly and monopolistic competition; uncertainty and game theory. Part 3 factor markets and the distribution of income: how markets determine incomes; the labour market; land and capital; markets and economic efficiency. Part 4 Economic policies of state and market; government taxation and expenditure; curbing market power; protecting the environment; efficiency versus equality - the big trade off. Part 5 Macroeconomics - the study of growth and business cycles; overview of macroeconomics; measuring economic activity; consumption and investment; business cycles and the theory of aggregate demand; the multiplier model; money and commercial banking; central banking and monetary policy. Part 6 Economic growth and macroeconomic policy: the process of economic growth; the challenge of economic development (moved to integrate with growth theory); unemployment and the foundation of aggregate supply; ensuring price stability; open economy macroeconomics (new chapter); A - foreign trade and economic activity, B - interdependence in the global economy; the Warring schools of macroeconomics; policies for growth and stability. Part 7 International trade and the world economy; international trade and exchange rates; comparative advantage and protectionism; managing the global economy.

EAN: 9780070579477
ISBN: 0070579474
Publisher: McGraw-Hill Inc.,US
Dimensions: 23 x 20 x 3 centimeters (1.70 kg)
Age Range: 15+ years
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