Mastering economics [printed text] / J. Harvey, Author  . -  5th ed. . - Basingstoke : Macmillan, 2000 . - xvi, 404 p ; 24 cm.
ISBN : 978-0-333-77924-8
Completely revised and updated, this text takes the student through the strengths and weaknesses of the market economy, the role of the government in the economy and the UK's relationship with the European Union.

Class number:	330
Abstract:	The fifth edition of Mastering Economics has been completely revised and updated. It takes the student through the strengths and weaknesses of the market economy, the role of the government in the economy and the UK's relationship with the European Union especially with regard to adopting the single currency. Care has been taken in selecting and explaining such economic theory considered essential to policy decisions. Each chapter is introduced with a summary of objectives and ends with self-test questions with answers given at the end of the book.
Contents note:	Part 1: Introduction 1. Solving the Problem of Scarcity Part 2: Private-Sector Production 2. The Operation of the Market; 3. Demand; 4. Supply: (i) The Structure of Industry Supply; 5. Supply: (ii) Costs and Profitability Part 3: Factors of Production and their reward 6. The Determination of Factor Rewards; 7. Labour and Wages; 8. Capital, Land and Entrepreneurship Part 4: The Government and the Allocation of Resources 9. Making the Most of Limited Resources; 10. Monopoly and Imperfect Competition; 11. The Provision of Goods and Services by the Public Sector Part 5: The Environment 12. Externalities and Cost-Benefit Analysis; 13. Protecting the Environment Part 6: Money and Financial Institutions 14. Money and Financial Markets; 15. Clearing Banks; 16. The Bank of England Part 7: The Government's Overall Management of the Economy 17. Outline of Government Management Policy; 18. Measuring the Level of Activity: National Income Calculations; 19. Unemployment; 20. The Level of Output and Aggregate Demand: the Keynesian approach to ful employment; 21. The Relationship of the Price Level and the Level of Employment; 22. Government Policy to Control Inflation; 23. Balanced Regional Development; 24. Growth; 25. Public Finance Part 8: International Trade 26. The Nature of International Trade; 27. Foreign Currency Exchange Rates; 28. Balance of Payments Stability; 29. The European Union Answers to the self-test questions; Index.