Description

Book Synopsis

About our authors

Robin Bade was an undergraduate at the University of Queensland, Australia, where she earned degrees in mathematics and economics. After a spell teaching high school math and physics, she enrolled in the PhD program at the Australian National University, from which she graduated from in 1970. She has held faculty appointments at the University of Edinburgh in Scotland, at Bond University in Australia, and at the Universities of Manitoba, Toronto, and Western Ontario in Canada. Her research on international capital flows appears in the International Economic Review and the Economic Record. Robin first taught the principles of economics course in 1970 and has taught it (alongside intermediate macroeconomics and international trade and finance) most years since then. She developed many of the ideas found in this text while conducting tutorials with her students at the University of Western Ontario.

Michael Parkin studi

Table of Contents
PART 1: INTRODUCTION

  1. Getting Started
  2. The US and Global Economies
  3. The Economic Problem
  4. Demand and Supply
PART 2: A CLOSER LOOK AT MARKETS
  1. Elasticities of Demand and Supply
  2. Efficiency of Fairness and Markets
PART 3: HOW GOVERNMENTS INFLUENCE THE ECONOMY
  1. Government Actions in Markets
  2. Taxes
  3. Global Markets in Action
PART 4: MARKET FAILURES AND PUBLIC POLICY
  1. Externalities
  2. Public Goods and Common Resources
  3. Private Information and Healthcare Markets
PART 5: A CLOSER LOOK AT DECISION MAKERS
  1. Consumer Choice and Demand
  2. Production and Cost
PART 6: PRICES, PROFITS, AND INDUSTRY PERFORMANCE
  1. Perfect Competition
  2. Monopoly
  3. Monopolistic Competition
  4. Oligopoly
PART 7: INCOMES AND INEQUALITY
  1. Markets for Factors of Production
  2. Economic Inequality
PART 8: MONITORING THE MACROECONOMY
  1. GDP: A Measure Of Total Production and Income
  2. Jobs and Unemployment
  3. The CPI and the Cost of Living
PART 9: THE REAL ECONOMY
  1. Potential GDP and the Natural Unemployment Rate
  2. Economic Growth
  3. Finance, Saving, and Investment
PART 10: THE MONEY ECONOMY
  1. The Monetary System
  2. Money, Interest, and Inflation
PART 11: ECONOMIC FLUCTUATIONS
  1. Aggregate Supply and Aggregate Demand
  2. Aggregate Expenditure Multiplier
  3. The Short-Run Policy Tradeoff
PART 12: MACROECONOMIC POLICY
  1. Fiscal Policy
  2. Monetary Policy
  3. International Finance

Foundations of Economics Global Edition

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    A Paperback / softback by Robin Bade, Michael Parkin

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      View other formats and editions of Foundations of Economics Global Edition by Robin Bade

      Publisher: Pearson Education Limited
      Publication Date: 29/06/2022
      ISBN13: 9781292434230, 978-1292434230
      ISBN10: 1292434236
      Also in:
      Business, Finance & Law Economics

      Description

      Book Synopsis

      About our authors

      Robin Bade was an undergraduate at the University of Queensland, Australia, where she earned degrees in mathematics and economics. After a spell teaching high school math and physics, she enrolled in the PhD program at the Australian National University, from which she graduated from in 1970. She has held faculty appointments at the University of Edinburgh in Scotland, at Bond University in Australia, and at the Universities of Manitoba, Toronto, and Western Ontario in Canada. Her research on international capital flows appears in the International Economic Review and the Economic Record. Robin first taught the principles of economics course in 1970 and has taught it (alongside intermediate macroeconomics and international trade and finance) most years since then. She developed many of the ideas found in this text while conducting tutorials with her students at the University of Western Ontario.

      Michael Parkin studi

      Table of Contents
      PART 1: INTRODUCTION

      1. Getting Started
      2. The US and Global Economies
      3. The Economic Problem
      4. Demand and Supply
      PART 2: A CLOSER LOOK AT MARKETS
      1. Elasticities of Demand and Supply
      2. Efficiency of Fairness and Markets
      PART 3: HOW GOVERNMENTS INFLUENCE THE ECONOMY
      1. Government Actions in Markets
      2. Taxes
      3. Global Markets in Action
      PART 4: MARKET FAILURES AND PUBLIC POLICY
      1. Externalities
      2. Public Goods and Common Resources
      3. Private Information and Healthcare Markets
      PART 5: A CLOSER LOOK AT DECISION MAKERS
      1. Consumer Choice and Demand
      2. Production and Cost
      PART 6: PRICES, PROFITS, AND INDUSTRY PERFORMANCE
      1. Perfect Competition
      2. Monopoly
      3. Monopolistic Competition
      4. Oligopoly
      PART 7: INCOMES AND INEQUALITY
      1. Markets for Factors of Production
      2. Economic Inequality
      PART 8: MONITORING THE MACROECONOMY
      1. GDP: A Measure Of Total Production and Income
      2. Jobs and Unemployment
      3. The CPI and the Cost of Living
      PART 9: THE REAL ECONOMY
      1. Potential GDP and the Natural Unemployment Rate
      2. Economic Growth
      3. Finance, Saving, and Investment
      PART 10: THE MONEY ECONOMY
      1. The Monetary System
      2. Money, Interest, and Inflation
      PART 11: ECONOMIC FLUCTUATIONS
      1. Aggregate Supply and Aggregate Demand
      2. Aggregate Expenditure Multiplier
      3. The Short-Run Policy Tradeoff
      PART 12: MACROECONOMIC POLICY
      1. Fiscal Policy
      2. Monetary Policy
      3. International Finance

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