Economics /

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Previous ed.: 2004.
Includes bibliographical references and index.
1. Economic Issues and Concepts; 2. How Economists Work; PART 1: MARKETS AND CONSUMERS; 3. Demand, Supply, and Price; 4. Elasticity of Demand and Supply; 5. Consumer choice: Indifference Theory; PART 2: MARKETS AND FIRMS; 6. The Cost Structure of Firms; 7. Perfect Competition; 8. Monopoly; 9. Imperfect Competition; PART 3: MARKETS FOR INPUTS; 10. Demand and Supply of Inputs; 11. The Labour Market; 12. Capital, Investment, and New Technology; PART 4: GOVERNMENT AND THE MARKET; 13. Market Failure; 14. The Role of Government; PART 5: MACROECONOMICS: ISSUES AND FRAMEWORK; 15. Macroeconomic Issues and Measurement; 16. A Basic Model of the Determination of GDP in the Short Term; 17. GDP in an Open Economy with Government; 18. GDP and the Price Level in the Short Run; 19. GDP and the Price Level in the Long Run; PART 6: MACROECONOMIC POLICY IN A MONETARY ECONOMY; 20. Money and Monetary Institutions; 21. The Role of Money in Macroeconomics; 22. The Balance of Payments and Exchange Rates; 23. Macroeconomic Policy in an Open Economy; PART 7: GLOBAL ECONOMIC ISSUES; 24. Inflation; 25. Unemployment; 26. Economic Growth; 27. International Trade

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