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Product Details:
Language: English
ISBN-10: 1305280598
ISBN-13: 978-1305280595
ISBN-13: 9781305280595
Author: William J. Baumol, Alan S. Blinder
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Table of Content:
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. Securities: Business Finance and the Economy: The Tail that Wags the Dog?
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: The Price System
15. The Shortcomings of Free Markets
16. Externalities, the Environment, and Natural Resources
17. Taxation and Resource Allocation
Part V: THE DISTRIBUTION OF INCOME
18. Pricing the Factors of Production
19. Labor and Entrepreneurship: The Human Inputs
20. Poverty, Inequality, and Discrimination
Part VI: U.S. ECONOMIC LEADERSHIP
21. Is U.S. Economic Leadership Threatened?
Part VII: THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND
22. An Introduction to Macroeconomics
23. The Goals of Macroeconomic Policy
24. Economic Growth: Theory and Policy
25. Aggregate Demand and the Powerful Consumer
26. Demand-Side Equilibrium: Unemployment or Inflation?
27. Bringing in the Supply Side: Unemployment and Inflation?
Part VIII: FISCAL AND MONETARY POLICY
28. Managing Aggregate Demand: Fiscal Policy
29. Money and the Banking System
30. Monetary Policy: Conventional and Unconventional
31. The Financial Crisis and the Great Recession
32. The Debate over Monetary and Fiscal Policy
33. Budget Deficits in the Short and Long Run
34. The Trade-Off between Inflation and Unemployment
Part IX: THE UNITED STATES IN THE WORLD ECONOMY
35. International Trade and Comparative Advantage
36. The International Monetary System: Order or Disorder?
37. Exchange Rates and the Macroeconomy
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