Emphasizes how policy makers need to choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This book presents this strategic choice throughout the range of micro, macro, and international issues. It presents macro theory in the context of the AS/AD framework.
Emphasizes how policy makers need to choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This book presents this strategic choice throughout the range of micro, macro, and international issues. It presents macro theory in the context of the AS/AD framework.
Part 1 BASIC CONCEPTS Chapter 1 Economics: The Core Issues Appendix: Using Graphs Chapter 2 The U.S. Economy: A Global View Chapter 3 Supply and Demand Chapter 4 The Public Sector Part 2 MEASURING MACRO OUTCOMES Chapter 5 National-Income Accounting Chapter 6 Unemployment Chapter 7 Inflation Part 3 CYCLICAL INSTABILITY Chapter 8 The Business Cycle Chapter 9 Aggregate Demand Appendix: The Keynesian Cross Chapter 10 Self-Adjustment or Instability? Part 4 FISCAL POLICY LEVERS Chapter 11 Fiscal Policy Chapter 12 Deficits, Surpluses, and Debts Part 5 MONETARY POLICY OPTIONS Chapter 13 Money and Banks Chapter 14 The Federal Reserve System Chapter 15 Monetary Policy Part 6 SUPPLY-SIDE OPTIONS Chapter 16 Supply-Side Policy: Short-Run Options Chapter 17 Growth and Productivity: Long-Run Possibilities Part 7 POLICY CONSTRAINTS Chapter 18 Global Macro Chapter 19 Theory and Reality Part 8 PRODUCT MARKETS: THE BASICS Chapter 20 The Demand for Goods Appendix: Indifference Curves Chapter 21: The Costs of Production Part 9 MARKET STRUCTURE Chapter 22 The Competitive Firm Chapter 23 Competitive Markets Chapter 24 Monopoly Chapter 25 Oligopoly Chapter 26 Monopolistic Competition Part 10 REGULATORY ISSUES Chapter 27 (De)Regulation of Business Chapter 28 Environmental Protection Chapter 29 The Farm Problem Part 11 FACTOR MARKETS: BASIC THEORY Chapter 30 The Labor Market Chapter 31 Labor Unions Chapter 32 Financial Markets Part 12 DISTRIBUTIONAL ISSUES Chapter 33 Taxes: Equity vs. Efficiency Chapter 34 Transfer Payments: Welfare and Social Security Part 13 INTERNATIONAL ECONOMICS Chapter 35 International Trade Chapter 36 International Finance Glossary Index Student Problem Sets
Part 1 BASIC CONCEPTS Chapter 1 Economics: The Core Issues Appendix: Using Graphs Chapter 2 The U.S. Economy: A Global View Chapter 3 Supply and Demand Chapter 4 The Public Sector Part 2 MEASURING MACRO OUTCOMES Chapter 5 National-Income Accounting Chapter 6 Unemployment Chapter 7 Inflation Part 3 CYCLICAL INSTABILITY Chapter 8 The Business Cycle Chapter 9 Aggregate Demand Appendix: The Keynesian Cross Chapter 10 Self-Adjustment or Instability? Part 4 FISCAL POLICY LEVERS Chapter 11 Fiscal Policy Chapter 12 Deficits, Surpluses, and Debts Part 5 MONETARY POLICY OPTIONS Chapter 13 Money and Banks Chapter 14 The Federal Reserve System Chapter 15 Monetary Policy Part 6 SUPPLY-SIDE OPTIONS Chapter 16 Supply-Side Policy: Short-Run Options Chapter 17 Growth and Productivity: Long-Run Possibilities Part 7 POLICY CONSTRAINTS Chapter 18 Global Macro Chapter 19 Theory and Reality Part 8 PRODUCT MARKETS: THE BASICS Chapter 20 The Demand for Goods Appendix: Indifference Curves Chapter 21: The Costs of Production Part 9 MARKET STRUCTURE Chapter 22 The Competitive Firm Chapter 23 Competitive Markets Chapter 24 Monopoly Chapter 25 Oligopoly Chapter 26 Monopolistic Competition Part 10 REGULATORY ISSUES Chapter 27 (De)Regulation of Business Chapter 28 Environmental Protection Chapter 29 The Farm Problem Part 11 FACTOR MARKETS: BASIC THEORY Chapter 30 The Labor Market Chapter 31 Labor Unions Chapter 32 Financial Markets Part 12 DISTRIBUTIONAL ISSUES Chapter 33 Taxes: Equity vs. Efficiency Chapter 34 Transfer Payments: Welfare and Social Security Part 13 INTERNATIONAL ECONOMICS Chapter 35 International Trade Chapter 36 International Finance Glossary Index Student Problem Sets
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