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In the sixties, students drifted away from economics in search of "relevance." Today we do not have to go around telling students that economics is relevant -- our rising enrollments show that they already know it is. Our job now is not to disappoint them. They come to our principles courses with simple, practical concerns and questions. We must be equipped to address those concerns and questions. That is what this book is all about. - Preface.
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Subjects
Economic conditions, Economics, Économie politique, Economie politique, Conditions economiquesPlaces
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Basic economics
1984, Holt, Rinehart and Winston of Canada
in English
- 2nd Canadian ed. --
0039216713 9780039216719
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Basic economics
1981, Holt, Rinehart and Winston of Canada
in English
- 1st Canadian ed.
0039201236 9780039201234
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Book Details
Table of Contents
Part one : An overview of the market economy.
What economics is all about
Appendix : Working with graphs
The price system and the market economy
Supply and demand : the basics
The role of government in the economy
Part two : National income, inflation, and unemployment.
The circular flow of income and product
Measuring national income and product
Economic growth and living standards
The determinants of planned expenditure
The multiplier theory of national income determination
Fiscal policy and the multiplier theory
Appendix : An algebraic approach to income determination and the multiplier
The banking system and the supply of money
The demand for money and the money market
The interaction of money and the multiplier
Appendix : The elementary algebra of money and income determination
Unemployment and inflation : the problem and some traditional answers
A closer look at unemployment
A closer look at inflation
Appendix : Inflation and the money market
The future of stabilization policy
Part three : the theory of prices and markets.
Supply and demand : building on the basics
The logic of consumer choice
Appendix : An introduction to indifference curves
Advertising and the consumer
The nature of the firm
The theory of cost
Cost and production problems of business management
The firm as price taker : supply under perfect competition
Agricultural markets : competition in action
Monopoly and imperfect competition
Government policy toward monopoly
Government as regulator and producer
Part four : Factor markets and income distribution.
Factor markets and marginal productivity theory
Labor unions and collective bargaining
Rent, interest, and profits
The problem of poverty
Part five : The economics of life on a small planet.
The economics of pollution
Population, resources, and the economic future
Economic development in a world of scarcity
Part six : International economics.
International trade and comparative advantages
The balance of payments and the international monetary system
Part seven : Economic systems compared.
Capitalism versus socialism
The Soviet economy
Glossary
Suggestions for further reading
Edition Notes
Bibliography: p. [617]-619.
Includes index.
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