Description
Book SynopsisProvides an introduction to the core principles of economics. This book offers explanations making it easy for non-specialist students taking economics for the first time, as part of a degree or professional qualification, to get to grips with the main concepts, theories and applications of macro and micro economics.
Table of ContentsTHE NATURE OF ECONOMICS
1. THE SUBJECT MATTER OF ECONOMICS
PART ONE: MICROECONOMICS
2. DEMAND, SUPPLY AND MARKET EQUILIBRIUM
3. ELASTICITY
4. CONSUMER THEORY
5. PRODUCTION AND COSTS
6. THEORY OF THE FIRM: PERFECT COMPETITION AND MONOPOLY
7. THEORY OF THE FIRM: MONOPOLISTIC COMPETITION AND OLIGOPOLY
8. WAGES, RENT AND PROFIT
9. REGULATION, DEREGULATION AND COMPETITION
10. THE ENVIRONMENT
PART TWO: MACROECONOMICS
11. NATIONAL INCOME AND ITS DETERMINATION
12. PUBLIC EXPENDITURE, TAXATION & FISCAL POLICY
13. MONEY, FINANCIAL INSTITUTIONS AND MONETARY POLOICY
14. EXCHANGE RATES & THE BALANCE OF PAYMENTS
15. UNEMPLOYMENT AND INFLATION
16. INTERNATIONAL TRADE, INTERNATIONAL INSTITUTIONS & GLOBALISATION
17. ECONOMIC INTEGRATION & THE EUROPEAN UNION
18. GROWTH, SUSTAINABLE DEVELOPMENT & THE LESS DEVELOPED COUNTRIES
