Economics /
Michael Parkin.
- Boston : Addison-Wesley, c2010.
- xxxvii, 780 p. : ill. (some col.) ; 29 cm.
Includes bibliographical references and index.
What is economics? -- The economic problem -- How markets work -- Demand and supply -- Elasticity -- Efficiency and equity -- Government actions in markets -- Global markets -- Households' choice -- Utility and demand -- Possibilities, preferences, and choices -- Firms and markets -- Organizing production -- Output and costs -- Perfect competition -- Monopoly -- Monopolistic competition -- Oligopoly -- Market failure and government -- Externalities -- Public goods and common resources -- Factor markets, inequality, and uncertainty -- Markets for factors of production -- Economic inequality -- Uncertainty and information -- Monitoring macroeconomic trends and fluctuations -- Measuring gdp and economic growth -- Monitoring jobs and inflation -- Macroeconomic trends -- Economic growth -- Finance, saving, and investment -- Money, the price level, and inflation -- The exchange rate and the balance of payments -- Macroeconomic fluctuations -- Aggregate supply and aggregate demand -- Expenditure multipliers: the keynesian model -- U.s. inflation, unemployment, and business cycles -- Macroeconomic policy -- Fiscal policy -- Monetary policy.