Economics USA

XXIV, 726 S.

zahlr. Ill. u. graph. Darst.

In title of previous edition, the symbol "$" appears for letter "S" in acronym USA

Includes bibliographical references and index

PrefaceIntroduction to economics -- What is economics? -- Markets and prices -- Economic decision making : the firm, the consumer, and society -- The business firm: organization, motivation, and optimal input decisions -- Getting behind the demand and supply curves -- Market demand and price elasticity -- Economic ef? ciency, market supply, and perfect competition -- Monopoly and its regulation -- Monopolistic competition, oligopoly, and antitrust policy -- Pollution and the environment -- The distribution of income and the role of government in markets -- The supply and demand for labor -- Interest, rent, and pro? -- Poverty, income inequality, and discrimination -- Economic growth -- Public goods and the role of the government -- National income and output -- National income and product -- Business fluctuations and unemployment -- The determination of national output and the keynesian multiplier -- Fiscal policy and national output -- In? ation -- Money and the banking system -- The federal reserve and monetary policy -- Supply shocks and in? ation -- Productivity, growth, and technology policy -- Surpluses, de? cits, public debt, and the federal budget -- Monetary policy, interest rates, and economic activity -- Controversies over stabilization policy -- Monetarists versus keynesians : the central debate of the 1960s and 1970s -- International economics -- International trade -- Exchange rates and the balance of payments -- Glossary -- Photo credits -- Index.

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