Principles of economics [printed text] / Moore McDowell, Author ; Rodney Thom, Author ; Robert Frank, Author ; Ben Bernanke, Author  . -  2nd European ed. . - Maidenhead : McGraw-Hill Higher Education, 2009 . - xxv, 810p. : ill (col) ; 26 cm.
ISBN : 978-0-07-712169-3

Class number:	330
Abstract:	Avoiding excessive reliance on formal mathematical derivations, this text presents concepts intuitively through examples drawn from familiar contexts. It relies throughout on a shortlist of core principles which it reinforces repeatedly by illustrating and applying each in numerous contexts.
Contents note:	Preface Part 1 Introduction 1. Thinking Like an Economist; 2. Markets, Specialisation and Economic Efficiency; 3. Markets, Supply, Demand and Elasticity Part 2 Competition and the 'Invisible Hand' 4. Demand: the Benefit Side of the Market; 5. Perfectly Competitive Supply: the Cost Side of the Market; 6. Efficiency and Exchange; 7. Profits, Entry and Exit: the Basis for the 'Invisible Hand' Part 3 Market Imperfections (1): Market Power 8. Imperfect Competition and the Consequences of Market Power; 9. Thinking Strategically (1): Interdependence, Decision Making and the Theory of Games; 10. Thinking Strategically (2): Competition Among the Few Part 4 Market Imperfections (2): Externalities, Information, Distribution and the role of the government in a market economy 11. Externalities and Property Rights; 12. The Economies of Information; 13. Labour Markets, Income Distribution, Wealth and Poverty; 14. Government in the Market Economy: Regulation and Production of Public Goods and Other Services Part 5 Macroeconomics: Issues and Data 15. Macroeconomics: the Bird's-Eye View of the Economy; 16. Measuring Economic Activity: Gross Domestic Product; 17. Measuring the Price Level and Inflation; 18. The Labour Market: Wages and Unemployment Part 6 The Economy in the Long Run 19. Economic Growth, Productivity and Living Standards; 20. Capital Markets: Saving, Investment and Capital Formation Part 7 The Economy in the Short Run 21. Short-term Economic Fluctuations; 22. Money and Interest Rates; 23. The IS-LM Nodel; 24. Stabilising the Economy (1): the Role of Fiscal Policy; 25. Stabilising the Economy (2): the Role of Monetary Policy; 26. Aggregate Demand, Aggregate Supply and Inflation; 27. Controlling Inflation Part 8 The International Economy 28. Exchange Rates, Capital Flows amd the Balance of Payments. Index.