Engaging authors, unbiased presentations of essential ideas, and a knack for revealing the 'invisible hand' of economics at work inform the thoroughly updated new edition of Modern Principles, drawing on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life. INDICE: The Big Ideas.The Power of Trade and Comparative Advantage.PART I:SUPPLY AND DEMAND.Supply and Demand.Equilibrium: How Supply and Demand Determine Prices .Price Ceilings and Price Floors .PART II: ECONOMIC GROWTH.GDP and The Measurement of Progress.The Wealth of Nations and Economic Growth.Appendix: The Magic of Compound Growth: Using a Spreadsheet.Growth, Capital Accumulation and the Economics of Ideas: Catching Up vs. The Cutting Edge.Appendix: Excellent Growth.Savings, Investment, and the Financial System.Appendix: Bond Pricing and Arbitrage.Stock Markets and Personal Finance .PART III: BUSINESS FLUCTUATIONS.Unemployment and Labour Force Participation.Inflation and the QuantityTheory of Money.Appendix: Get Real! An Excellent Adventure.Business Fluctuations: Aggregate Demand and Supply .Transmission and Amplification Mechanisms.Appendix: Business Fluctuations and the Solow Model.PART IV: MACROECONOMIC POLICY AND INSTITUTIONS.The Federal Reserve System and Open Market Operations.Appendix: The Money Multiplier Process in Detail.Monetary Policy.The Federal Budget: Taxes and Spending.Fiscal Policy.PART V: INTERNATIONAL ECONOMICS.International Trade.International Finance.Political Economy and Public Choice .
- ISBN: 978-1-4292-8954-2
- Editorial: W.H. Freeman
- Encuadernacion: Rústica
- Páginas: 512
- Fecha Publicación: 11/05/2012
- Nº Volúmenes: 1
- Idioma: Desconocido