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Foundations of Economics


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Table of Contents

1 What is economics?
Part 1 Microeconomics
2 Demand
3 Supply and market equilibrium
4 Elasticities of demand and supply
5 Costs, supply and perfect competition
6 Imperfect competition
7 Input markets: labour
8 Other input markets and income distribution
9 Governing the market
Part 2 Macroeconomics
10 The income and output of nations
11 Short-run fluctuations in income and output
12 Interest rates, money and inflation
13 Aggregate supply, inflation and unemployment
14 Exchange rates and the balance of payments
15 The global economy
16 European integration

About the Author

David Begg is Principal of the Tanaka Business School at Imperial College London. He has been a Research Fellow of the Centre for Economic Policy Research (a network of leading European economists) since its inception in 1984. David's research focuses mainly on monetary policy, exchange rates, monetary union, and economic transition. He is a Research Fellow of the Centre for Economic Policy Research. He co-authored several of the CEPR annual reports in the series he helped found: Monitoring the European Central Bank, and Monitoring European Integration. The 1997 MEI Report, EMU: Getting the Endgame Right, changed the policy that the European Union adopted to launch the euro in 1999. He was also founding Managing Editor of Economic Policy, now an official journal of the European Economic Association.

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