Description

Book Synopsis

About our author

Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.

Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price

Table of Contents
PART 1: INTRODUCTION

  1. What is Economics?
  2. The Economic Problem
PART 2: HOW MARKETS WORK
  1. Demand and Supply
  2. Elasticity
  3. Efficiency And Equity
  4. Government Actions in Markets
  5. Global Markets in Action
PART 3: HOUSEHOLDS' CHOICES
  1. Utility and Demand
  2. Possibilities, Preferences, and Choices
PART 4: FIRMS AND MARKETS
  1. Organizing Production
  2. Output and Costs
  3. Perfect Competition
  4. Monopoly
  5. Monopolistic Competition
  6. Oligopoly
PART 5: MARKET FAILURE AND GOVERNMENT
  1. Public Choices, Public Goods, and Healthcare
  2. Externalities
PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY
  1. Markets for Factors of Production
  2. Economic Inequality
  3. Uncertainty and Information
PART 7: MONITORING MACROECONOMIC PERFORMANCE
  1. Monitoring the Value of Production: GDP
  2. Monitoring Jobs and Inflation
PART 8: MACROECONOMIC TRENDS
  1. Economic Growth
  2. Finance, Saving, and Investment
  3. Money, the Price Level, and Inflation
  4. The Exchange Rate and the Balance of Payments
PART 9: MACROECONOMIC FLUCTUATIONS
  1. Aggregate Supply and Aggregate Demand
  2. Expenditure Multipliers
  3. The Business Cycle, Inflation, and Deflation
PART 10: MACROECONOMIC POLICY
  1. Fiscal Policy
  2. Monetary Policy

Microeconomics GE

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A Paperback / softback by Michael Parkin

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    View other formats and editions of Microeconomics GE by Michael Parkin

    Publisher: Pearson Education Limited
    Publication Date: 07/04/2022
    ISBN13: 9781292434599, 978-1292434599
    ISBN10: 1292434597
    Also in:
    Business, Finance & Law Economics

    Description

    Book Synopsis

    About our author

    Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.

    Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price

    Table of Contents
    PART 1: INTRODUCTION

    1. What is Economics?
    2. The Economic Problem
    PART 2: HOW MARKETS WORK
    1. Demand and Supply
    2. Elasticity
    3. Efficiency And Equity
    4. Government Actions in Markets
    5. Global Markets in Action
    PART 3: HOUSEHOLDS' CHOICES
    1. Utility and Demand
    2. Possibilities, Preferences, and Choices
    PART 4: FIRMS AND MARKETS
    1. Organizing Production
    2. Output and Costs
    3. Perfect Competition
    4. Monopoly
    5. Monopolistic Competition
    6. Oligopoly
    PART 5: MARKET FAILURE AND GOVERNMENT
    1. Public Choices, Public Goods, and Healthcare
    2. Externalities
    PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY
    1. Markets for Factors of Production
    2. Economic Inequality
    3. Uncertainty and Information
    PART 7: MONITORING MACROECONOMIC PERFORMANCE
    1. Monitoring the Value of Production: GDP
    2. Monitoring Jobs and Inflation
    PART 8: MACROECONOMIC TRENDS
    1. Economic Growth
    2. Finance, Saving, and Investment
    3. Money, the Price Level, and Inflation
    4. The Exchange Rate and the Balance of Payments
    PART 9: MACROECONOMIC FLUCTUATIONS
    1. Aggregate Supply and Aggregate Demand
    2. Expenditure Multipliers
    3. The Business Cycle, Inflation, and Deflation
    PART 10: MACROECONOMIC POLICY
    1. Fiscal Policy
    2. Monetary Policy

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