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Economics

Arthur O'Sullivan

Publication Data

Contents

Introduction : what is economics?
The key principles of economics
Exchange and markets
Supply, demand, and market equilibrium
Elasticity : a measure of responsiveness
Consumer choice
Market efficiency and government intervention
Imperfect information : adverse selection and moral hazard
Environmental policy
Public goods and public choice
Production technology and cost
Perfect competition
Monopoly and price discrimination
Oligopoly and strategic behavior
Market structure and public policy
The labor market and the distribution of income
Beyond perfect competition : unions, monopsony, and imperfect information
Measuring a nation's production and income
Unemployment and inflation
The economy at full employment
Why do economies grow?
Aggregate demand and aggregate supply
Fiscal policy
The income-expenditure model
Investment and financial intermediation
Money and the banking system
The federal reserve and monetary policy
From the short run to the long run
The dynamics of inflation and unemployment
Current issues in macroeconomic policy
International trade and public policy
The world of international finance.

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Catalogue Data

ISBD

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Economics by Arthur O'Sullivan. ISBN 013223565X. Published by Pearson Prentice Hall in 2008. Publication and catalogue information, links to buy online and reader comments.

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