Economics demystified
Untangle the complexities of economics with this easy-to-use self-teaching guide. The book walks you step-by-step through the fundamentals of this often confounding subject. It covers all the basics in plain language, including consumer behaviour, the realities of supply and demand, factors that lea...
| Otros Autores: | , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
New York :
McGraw-Hill
[2012]
|
| Edición: | 1st edition |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629421806719 |
Tabla de Contenidos:
- Intro
- Contents
- Introduction
- Chapter 1 Introduction to Economics
- Scarcity
- Four Economic Resources
- Opportunity Cost
- Rational Decision Making
- Marginal Analysis
- Economic Models
- Appendix: Math and Graph Review
- Chapter 2 Utility and Consumer Choice
- Utility Functions and Preferences
- Principle of Diminishing Marginal Utility
- Budget Constraints
- Constrained Utility Maximization
- Spending the Marginal Dollar
- Chapter 3 Demand
- The Law of Demand
- Demand Curves
- Determinants of Demand
- Price Elasticity of Demand
- Cross-Price and Income Elasticities of Demand
- Chapter 4 Production and Cost
- The Inputs Used in Production-Fixed and Variable
- The Short Run and the Long Run
- Short-Run Production
- Diminishing Marginal Product
- Costs in the Short Run
- Increasing Marginal Cost
- Chapter 5 Supply
- The Marginal Cost Curve
- The Law of Supply
- Supply Curves
- Determinants of Supply
- The Price Elasticity of Supply
- Chapter 6 Market Equilibrium
- Competitive Markets
- Equilibrium
- Changes to Equilibrium
- Efficiency in Competitive Markets
- Price Controls
- Excise Taxes
- Chapter 7 Perfect Competition
- Key Assumptions of Perfect Competition
- Revenue and Costs
- Profit Maximization, Mathematically
- Accounting Profit and Economic Profit
- Profit Maximization, Graphically
- Economic Profit and Loss in the Short Run
- Long-Run Adjustments
- Efficiency
- Chapter 8 Monopoly
- Key Assumptions
- Demand, Marginal Revenue, and Elasticity
- Profit Maximization
- Deadweight Loss
- Government Regulation
- Price Discrimination
- Appendix
- Chapter 9 Imperfect Competition: Monopolistic Competition and Oligopoly
- Key Assumptions of Monopolistic Competition
- Short-Run Equilibrium in Monopolistic Competition
- Long-Run Equilibrium in Monopolistic Competition
- Oligopoly.
- Key Assumptions of Oligopoly
- Game Theory
- Chapter 10 Factor Markets
- The Choice Between Labor and Leisure
- An Individual's Labor Supply
- Labor Demand
- How Wages Are Determined
- Least-Cost Hiring of Two Inputs
- Chapter 11 Introduction to Macroeconomics
- A Model of the Economy as a Whole: The Circular Flow Diagram
- Measuring the State of the Economy
- Counting GDP: The Expenditures Approach
- Counting GDP: The Income Approach
- GNP Versus GDP-What's the Difference?
- Chapter 12 Unemployment
- What is Unemployment?
- The Labor Force
- Measuring Unemployment
- Two Types of Unemployment
- The Idea of Full Employment
- Underemployment and Discouraged Workers
- Theories of Unemployment
- Chapter 13 Inflation
- Introduction to Inflation
- The Consumer Price Index
- Real and Nominal Dollars
- The Consequences of Inflation
- Deflation Versus Disinflation
- Employment and Inflation
- Chapter 14 The Model of Aggregate Demand and Aggregate Supply
- Real GDP and Nominal GDP
- Understanding the Model of Aggregate Demand and Aggregate Supply
- Aggregate Demand (AD)
- Aggregate Supply (SRAS and LRAS)
- Equilibrium in the Macroeconomy
- Economic Growth
- Chapter 15 Money and the Money Market
- The Functions and Types of Money
- The Money Supply
- Fractional Reserves
- The Role of a Central Bank
- The Money Market
- Chapter 16 Fiscal Policy and Monetary Policy
- The Interest Rate
- The Classical Theory of Economics
- Keynesian Theory
- Fiscal Policy
- Difficulties with Fiscal Policy
- Monetary Policy
- Problems with Fiscal and Monetary Policy
- Applying Policy Actions to Economic Fluctuations
- Chapter 17 The Global Economy
- Production Possibilities
- Comparative Advantage and Gains from Trade
- Foreign Exchange Markets
- Currency Appreciation and Depreciation.
- How Do Exchange Rates Affect Aggregate Demand?
- Balance of Payments
- Foreign Currency and Economic Policy
- Trade Barriers
- Chapter 18 Public Goods and the Environment
- Private and Public Goods
- Providing Public Goods
- Positive Externalities
- Negative Externalities
- Government Remedies for Externalities
- How Can Economics Reduce Pollution?
- Chapter 19 Health Economics and the Market for Health Insurance
- Introduction to Health Economics
- Healthcare Markets
- The Market for Insurance
- Healthcare Policy Reform
- Chapter 20 Economic Research
- Introduction to Research in Economics
- The Research Process
- Final Exam
- Answers to Quizzes and Final Exam
- Index.
