Economics

By:

Michael Parkin

Original language: Inglés Publication details: Addison Wesley E.U.A 1998Edition: 4ta EdiciónDescription: 837 Paginas Ilustración 25 X 20 cmISBN:

201474794

Subject(s):

Economía

LOC classification:

HB171.5 P313

Contents:

Part 1: Introduction Chapter 1: What Is Economics? – p. 7 Chapter 2: Making and Using Graphs – p. 25 Chapter 3: The Economic Problem – p. 41 Part 2: How Markets Work Chapter 4: Demand and Supply – p. 67 Chapter 5: Elasticity – p. 91 Chapter 6: Efficiency – p. 111 Chapter 7: Markets in Action – p. 127 Part 3: A Closer Look at Demand and Supply Chapter 8: Utility and Demand – p. 149 Chapter 9: Possibilities, Preferences, and Choices – p. 173 Chapter 10: Organizing Production – p. 191 Chapter 11: Output and Costs – p. 213 Part 4: Competition Versus Monopoly Chapter 12: Competition – p. 239 Chapter 13: Monopoly – p. 263 Chapter 14: Monopolistic Competition and Oligopoly – p. 285 Part 5: Resource Markets Chapter 15: Demand and Supply in Resource Markets – p. 317 Chapter 16: Labor Markets – p. 341 Chapter 17: Inequality, Redistribution, and Health Care – p. 363 Part 6: Market Failure and Government Chapter 18: Market Failure and Public Choice – p. 389 Chapter 19: Regulation and Antitrust Law – p. 409 Chapter 20: Externalities, the Environment, and Knowledge – p. 429 Chapter 21: Uncertainty and Information – p. 447 Part 7: Macroeconomic Overview Chapter 22: A First Look at Macroeconomics – p. 471 Chapter 23: Measuring GDP, Inflation, and Economic Growth – p. 491 Chapter 24: Aggregate Supply and Aggregate Demand – p. 515 Part 8: Aggregate Supply and Economic Growth Chapter 25: Employment and Unemployment – p. 543 Chapter 26: Capital, Investment, and Saving – p. 565 Chapter 27: Economic Growth – p. 587 Part 9: Aggregate Demand and Inflation Chapter 28: Expenditure Multipliers – p. 615 Chapter 29: Fiscal Policy – p. 641 Chapter 30: Money – p. 665 Chapter 31: Monetary Policy – p. 689 Chapter 32: Inflation – p. 713 Part 10: Stabilization Problems and Policies Chapter 33: The Business Cycle – p. 741 Chapter 34: Macroeconomic Policy Challenges – p. 769 Part 11: The Global Economy Chapter 35: Trading with the World – p. 799 Chapter 36: The Balance of Payments and the Dollar – p. 821

Summary: Part 1 – Introduction Your Economics Course You are living at a time that future historians will call the Information Revolution. We reserve the word “Revolution” for big events that influence all future generations. During the Agricultural Revolution, which occurred 10,000 years ago, people learned to domesticate animals and plant crops. They stopped roaming in search of food and settled in villages and eventually towns and cities, where they developed markets in which to exchange their products. During the Industrial Revolution, which began 240 years ago, people used science to create new technologies. This revolution brought extraordinary wealth for most, but created conditions in which some were left behind. It brought social and political tensions that we still face today. During today’s Information Revolution, people who have the ability and opportunity to embrace new technologies are prospering on an unimaginable scale. But the incomes and living standards of the less educated are falling behind, and social and political tensions are increasing. Today’s revolution has a global dimension. Some of the winners live in previously poor countries in Asia, and some of the losers live in the United States. 🔷 So you are studying economics at an interesting time. Whatever your motivation is for studying economics, my objective is to help you well in your course, to enjoy it, and to develop a deeper understanding of the economic world around you. 🔷 There are three reasons why I hope that we both succeed. First, a decent understanding of economics will help you become a full participant in the Information Revolution. Second, an understanding of economics will help you play a more effective role as a citizen and voter and enable you to add your voice to those who are looking for solutions to our social and political problems. Third, you will enjoy the sheer fun of understanding the forces at play and how they are shaping our world. 🔷 If you do well and find economics interesting, think seriously about majoring in the subject. A degree in economics gives the best training available in problem solving. It opens lots of opportunities to develop careers in business, skills, and opens doors to a wide range of graduate courses, including the MBA, and to a wide range of jobs. You can read more about the benefits of an economics degree in Robert Whaples’s essay in your Study Guide. Economics was born during the Industrial Revolution. We’ll look at its birth and meet its founder, Adam Smith. Then we’ll talk with one of today’s creative economic thinkers, Professor Mancur Olson of the University of Maryland. 🔷 In the next three chapters, we’ll begin to study the science that Adam Smith began. You will encounter the questions, methods, and ideals of economics in Chapter 1. You’ll study the ideas of value about Adam Smith’s key insight: specialization and exchange bring economic growth. In Chapter 2, you have an opportunity to get optional depth and take what we use in economics: the graph tools that we use in economics. But first, let’s meet Adam Smith.

Holdings
Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Libro	CI Gustavo A. Madero Sala General	Colección General	HB171.5 P313 1998	EJ.1	Available		0114H

Editorial ‏ : ‎ Addison Wesley
Fecha de publicación ‏ : ‎ 30 noviembre 1997
Idioma ‏ : ‎ Inglés
ISBN-10 ‏ : ‎ 0201316900
ISBN-13 ‏ : ‎ 978-0201316902
Peso del producto ‏ : ‎ 885 g
Dimensiones ‏ : ‎ 1.91 x 20.96 x 26.67 cm

Part 1: Introduction

Chapter 1: What Is Economics? – p. 7

Chapter 2: Making and Using Graphs – p. 25

Chapter 3: The Economic Problem – p. 41

Part 2: How Markets Work

Chapter 4: Demand and Supply – p. 67

Chapter 5: Elasticity – p. 91

Chapter 6: Efficiency – p. 111

Chapter 7: Markets in Action – p. 127

Part 3: A Closer Look at Demand and Supply

Chapter 8: Utility and Demand – p. 149

Chapter 9: Possibilities, Preferences, and Choices – p. 173

Chapter 10: Organizing Production – p. 191

Chapter 11: Output and Costs – p. 213

Part 4: Competition Versus Monopoly

Chapter 12: Competition – p. 239

Chapter 13: Monopoly – p. 263

Chapter 14: Monopolistic Competition and Oligopoly – p. 285

Part 5: Resource Markets

Chapter 15: Demand and Supply in Resource Markets – p. 317

Chapter 16: Labor Markets – p. 341

Chapter 17: Inequality, Redistribution, and Health Care – p. 363

Part 6: Market Failure and Government

Chapter 18: Market Failure and Public Choice – p. 389

Chapter 19: Regulation and Antitrust Law – p. 409

Chapter 20: Externalities, the Environment, and Knowledge – p. 429

Chapter 21: Uncertainty and Information – p. 447

Part 7: Macroeconomic Overview

Chapter 22: A First Look at Macroeconomics – p. 471

Chapter 23: Measuring GDP, Inflation, and Economic Growth – p. 491

Chapter 24: Aggregate Supply and Aggregate Demand – p. 515

Part 8: Aggregate Supply and Economic Growth

Chapter 25: Employment and Unemployment – p. 543

Chapter 26: Capital, Investment, and Saving – p. 565

Chapter 27: Economic Growth – p. 587

Part 9: Aggregate Demand and Inflation

Chapter 28: Expenditure Multipliers – p. 615

Chapter 29: Fiscal Policy – p. 641

Chapter 30: Money – p. 665

Chapter 31: Monetary Policy – p. 689

Chapter 32: Inflation – p. 713

Part 10: Stabilization Problems and Policies

Chapter 33: The Business Cycle – p. 741

Chapter 34: Macroeconomic Policy Challenges – p. 769

Part 11: The Global Economy

Chapter 35: Trading with the World – p. 799

Chapter 36: The Balance of Payments and the Dollar – p. 821

Part 1 – Introduction

Your Economics Course

You are living at a time that future historians will call the Information Revolution. We reserve the word “Revolution” for big events that influence all future generations.

During the Agricultural Revolution, which occurred 10,000 years ago, people learned to domesticate animals and plant crops. They stopped roaming in search of food and settled in villages and eventually towns and cities, where they developed markets in which to exchange their products.

During the Industrial Revolution, which began 240 years ago, people used science to create new technologies.

This revolution brought extraordinary wealth for most, but created conditions in which some were left behind. It brought social and political tensions that we still face today.

During today’s Information Revolution, people who have the ability and opportunity to embrace new technologies are prospering on an unimaginable scale. But the incomes and living standards of the less educated are falling behind, and social and political tensions are increasing. Today’s revolution has a global dimension. Some of the winners live in previously poor countries in Asia, and some of the losers live in the United States. 🔷

So you are studying economics at an interesting time. Whatever your motivation is for studying economics, my objective is to help you well in your course, to enjoy it, and to develop a deeper understanding of the economic world around you. 🔷

There are three reasons why I hope that we both succeed. First, a decent understanding of economics will help you become a full participant in the Information Revolution.
Second, an understanding of economics will help you play a more effective role as a citizen and voter and enable you to add your voice to those who are looking for solutions to our social and political problems. Third, you will enjoy the sheer fun of understanding the forces at play and how they are shaping our world. 🔷

If you do well and find economics interesting, think seriously about majoring in the subject. A degree in economics gives the best training available in problem solving. It opens lots of opportunities to develop careers in business, skills, and opens doors to a wide range of graduate courses, including the MBA, and to a wide range of jobs. You can read more about the benefits of an economics degree in Robert Whaples’s essay in your Study Guide.

Economics was born during the Industrial Revolution. We’ll look at its birth and meet its founder, Adam Smith. Then we’ll talk with one of today’s creative economic thinkers, Professor Mancur Olson of the University of Maryland. 🔷

In the next three chapters, we’ll begin to study the science that Adam Smith began. You will encounter the questions, methods, and ideals of economics in Chapter 1. You’ll study the ideas of value about Adam Smith’s key insight: specialization and exchange bring economic growth. In Chapter 2, you have an opportunity to get optional depth and take what we use in economics: the graph tools that we use in economics. But first, let’s meet Adam Smith.