Description

Book Synopsis

Daron Acemoglu is the Elizabeth and James Killian Professor of Economics in the Department of Economics at the Massachusetts Institute of Technology. He has received a BA in economics from the University of York, an MSc in mathematical economics and econometrics from the London School of Economics, and a PhD in economics from the London School of Economics.

He is an elected fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. He has received numerous awards and fellowships, including the inaugural T. W. Schultz Prize from the University of Chicago in 2004, the inaugural Sherwin Rosen Award for outstanding contribution to labor economics in 2004, the Distinguished Science Award from the Turkish Sciences Association in 2006, and the John von Neumann Award, Rajk College, Budapest, in 2007.

On 14 October 2024, the Nobel Prize i

Table of Contents

PART I: INTRODUCTION TO ECONOMICS
1. The Principles and Practice of Economics
2. Economic Science: Using Data and Models to Understand the World
3. Optimization: Trying to Do the Best You Can
4. Demand, Supply, and Equilibrium

PART II: FOUNDATIONS OF MICROECONOMICS
5. Consumers and Incentives
6. Sellers and Incentives
7. Perfect Competition and the Invisible Hand
8. Trade
9. Externalities and Public Goods
10. The Government in the Economy: Taxation and Regulation
11. Markets for Factors of Production

PART III: MARKET STRUCTURE
12. Monopoly
13. Game Theory and Strategic Play
14. Oligopoly and Monopolistic Competition

PART IV: EXTENDING THE MICROECONOMIC TOOLBOX
15. Trade-offs Involving Time and Risk
16. The Economics of Information
17. Auctions and Bargaining
18. Social Economics

PART V INTRODUCTION TO MACROECONOMICS
19. The Wealth of Nations: Defining and Measuring MacroeconomicAggregates
20. Aggregate Incomes

PART VI LONG-RUN GROWTH AND DEVELOPMENT
21. Economic Growth
22. Why Isn't the Whole World Developed?

PART VII EQUILIBRIUM IN THE MACROECONOMY
23. Employment and Unemployment
24. Credit Markets
25. The Monetary System

PART VIII SHORT-RUN FLUCTUATIONS AND MACROECONOMIC POLICY
26. Short-Run Fluctuations
27. Countercyclical Macroeconomic Policy

PART IX MACROECONOMIC IN A GLOBAL ECONOMY
28. Macroeconomics and International Trade
29. Open Economy Macroeconomics

Economics Global Edition

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    A Paperback / softback by Daron Acemoglu, David Laibson, John List

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      Publisher: Pearson Education Limited
      Publication Date: 04/10/2021
      ISBN13: 9781292411019, 978-1292411019
      ISBN10: 1292411015
      Also in:
      Business, Finance & Law Economics

      Description

      Book Synopsis

      Daron Acemoglu is the Elizabeth and James Killian Professor of Economics in the Department of Economics at the Massachusetts Institute of Technology. He has received a BA in economics from the University of York, an MSc in mathematical economics and econometrics from the London School of Economics, and a PhD in economics from the London School of Economics.

      He is an elected fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. He has received numerous awards and fellowships, including the inaugural T. W. Schultz Prize from the University of Chicago in 2004, the inaugural Sherwin Rosen Award for outstanding contribution to labor economics in 2004, the Distinguished Science Award from the Turkish Sciences Association in 2006, and the John von Neumann Award, Rajk College, Budapest, in 2007.

      On 14 October 2024, the Nobel Prize i

      Table of Contents

      PART I: INTRODUCTION TO ECONOMICS
      1. The Principles and Practice of Economics
      2. Economic Science: Using Data and Models to Understand the World
      3. Optimization: Trying to Do the Best You Can
      4. Demand, Supply, and Equilibrium

      PART II: FOUNDATIONS OF MICROECONOMICS
      5. Consumers and Incentives
      6. Sellers and Incentives
      7. Perfect Competition and the Invisible Hand
      8. Trade
      9. Externalities and Public Goods
      10. The Government in the Economy: Taxation and Regulation
      11. Markets for Factors of Production

      PART III: MARKET STRUCTURE
      12. Monopoly
      13. Game Theory and Strategic Play
      14. Oligopoly and Monopolistic Competition

      PART IV: EXTENDING THE MICROECONOMIC TOOLBOX
      15. Trade-offs Involving Time and Risk
      16. The Economics of Information
      17. Auctions and Bargaining
      18. Social Economics

      PART V INTRODUCTION TO MACROECONOMICS
      19. The Wealth of Nations: Defining and Measuring MacroeconomicAggregates
      20. Aggregate Incomes

      PART VI LONG-RUN GROWTH AND DEVELOPMENT
      21. Economic Growth
      22. Why Isn't the Whole World Developed?

      PART VII EQUILIBRIUM IN THE MACROECONOMY
      23. Employment and Unemployment
      24. Credit Markets
      25. The Monetary System

      PART VIII SHORT-RUN FLUCTUATIONS AND MACROECONOMIC POLICY
      26. Short-Run Fluctuations
      27. Countercyclical Macroeconomic Policy

      PART IX MACROECONOMIC IN A GLOBAL ECONOMY
      28. Macroeconomics and International Trade
      29. Open Economy Macroeconomics

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