Principles of economics /
Material type:
TextSeries: McGraw-Hill series in economicsPublication details: New York, NY : McGraw-Hill/Irwin, c2013.Edition: 5th edDescription: xxxii, 763, [36] p. : ill. (some col.) ; 29 cmISBN: - 9780073511405 (alk. paper)
- 0073511404 (alk. paper)
- 330 23
- HB171.5 .F734 2013
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Murang'a University of Technology Library | HB171.5 .F734 2013 (Browse shelf(Opens below)) | Available | 003904 |
Includes index.
Introduction -- Thinking like an economist -- Comparative advantage -- Supply and demand -- Competition and the invisible hand -- Elasticity -- Demand -- Perfectly competitive supply -- Efficiency, exchange, and the invisible hand in action -- Market imperfections -- Monopoly, oligopoly, and monopolistic competition -- Games and strategic behavior -- Externalities and property rights -- The economics of information -- Economics of public policy -- Labor markets, poverty, and income distribution -- The environment, health, and safety -- Public goods and tax policy -- Macroeconomics : data and issues -- Spending, income, and gdp -- Inflation and the price level -- Wages and unemployment -- The economy in the long run -- Economic growth -- Saving, capital formation, and financial markets -- Money, prices, and the financial system -- The economy in the short run -- Short-term economic fluctuations -- Spending, output, and fiscal policy -- Monetary policy and the federal reserve -- Aggregate demand, aggregate supply, and business cycles -- Macroeconomic policy -- The international economy -- Exchange rates, international trade, and capital flows -- Glossary -- Index.
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