Modern economics : an introduction for business and professional students / [printed text] / J. Harvey, Author  . -  7th ed. . - London : Macmillan, 1998 . - xvii, 548 p : ill. ; 24cm.
ISBN : 978-0-333-73165-9

Class number:	330
Abstract:	Modern Economics by Jack Harvey has been one of the most successful and best selling economics textbooks of all time. Several generations of students have gained a firm understanding of the subject from this book. The seventh edition has been revised and updated to reflect recent changes and developments in economic theories and policy. It will be particularly suited to the needs of students taking economics as part of professional courses in business studies, accountancy, finance, surveying, insurance, and many other areas. It will also be suitable for other introductory courses in economics, including A level, HND/HNC and non-specialist degree courses, and its clarity of exposition makes it ideal for students working alone on distance-learning programmes.
Contents note:	PART 1 Introduction 1. What Economics is About; 2. Methods of Allocating Resources. PART 2 What to produce 3. How Price is Formed in the Free Market; 4. Applications of Demand and Supply Analysis; 5. A Further Look at Demand. PART 3 How to produce- the theory of production 6. The Firm; 7. The Organisation and Scale of Production; 8. The Distribution of Goods to the Consumer; 9. The Location of Production; 10. Combining the Factors of Production; 11. Deciding on the Most Profitable Output; 12. The Supply Curve of the Industry under Perfect Competition; 13. Rewarding the Factors of Production: The Marginal Productivity Theory of Distribution. PART 4 The government and the allocation of resources 14. Market Failure and the Role of Government; 15. Monopoly; 16. Imperfect Competition: Other Forms; 17. Externalities and Cost-Benefit Analysis; 18. The Environment: Conservation and Pollution; 19. The Provision of Goods and Services by the Public Sector. PART 5 Rewards to the different factors of production 20. Labour and Wages; 21. Capital and Interest; 22. Land and Rent; 23. Entrepreneurship and Profit. PART 6 Money and financial instiutions 24. Money and the Rate of Interest; 25. Financial Markets; 26. Clearing Banks; 27. The Bank of England. PART 7 The government and stabilisation policy 28. Measuring the Level of Activity: National Income Calculations; 29. Unemployment; 30. The Level of Output and Aggregate Demand: the Keynesian Explanation; 31. Employment and the Price Level; 32. Inflation: Its Effects; 33. Policies to Achieve Price Stability; 34. Economic Growth; 35. Balanced Regional Development; 36. Public Finance. PART 8 International trade 37. The Nature of International Trade; 38. The Balance-of-Payments; 39. Foreign Exchange Rates; 40. The Correction of a Balance-of-Payments Disequilibrium; 41. The European Union. PART 9 Looking into the future 42. Current Problems and Policies in the UK and Europe