Macroeconomics : private and public choice /
Clasificación: | Libro Electrónico |
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Autores principales: | , , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
New York :
Academic Press,
[1980]
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Edición: | 2d edition. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Front Cover; Macroeconomics: Private and Public Choice; Copyright Page; Table of Contents; PREFACE; ACKNOWLEDGMENTS; PART ONE: THE ECONOMIC WAY OF THINKING- AN INTRODUCTION; CHAPTER 1. THE ECONOMIC APPROACH; WHAT IS ECONOMICS ABOUT?; THE ECONOMIC WAY OF THINKING; POSITIVE ECONOMICS; NORMATIVE ECONOMICS; PITFALLS OF POSITIVE ECONOMICS; WHAT DO ECONOMISTS DO?; CHAPTER 2. SOME TOOLS OF THE ECONOMIST; OPPORTUNITY COST IS THE HIGHEST VALUED OPPORTUNITY LOST; THE PRODUCTION POSSIBILITIES CURVE; TRADE TIPS AND COMPARATIVE ADVANTAGE.
- Three economizing decisions facing all nations: what, how, and for whom?two methods of makingdecisions-the market andgovernment planning; chapter 3. supply, demand, and the market process; scarcity necessitates rationing; consumer choice and the law of demand; producer choice and the law of supply; markets and the coordination of supply and demand; shifts in demand and advice on how to pass your first economics exam; shifts in supply; time and the adjustment process; repealing the laws of supply and demand; the communicating, coordinating, and motivating functions of the market.
- Chapter 4. a bird's-eye view of the public sectorideal economic efficiency; why might the invisible hand fail?; government-a potential vehicle for gain; redistribution-dividing the economic pie; the market and the public sector-two methods of economic organization; conflicts between good economics and good politics; chapter 5. taxes and government spending; what do federal, state, and local governments buy?; how big is government?; the growth of government; taxes to pay for agrowing government; politics, tax incidence, and the structure of taxes; who pays the tax bill?
- The taxes paid in other countriestaxes and politics-a final word; part two: macroeconomics; chapter 6. taking the nation's economic pulse; the concept of the gnp; the circular flow of expenditures and resource costs; two ways of measuring gnp; the expenditure approach; the resourse cost-income approach; gross national product or gross national cost?; five problems with gnp as a measuring rod; what gnp does not measure; the great contribution of gnp; other related income measures; the real income-real output link; chapter 7. unemployment, inflation, and business cycles.
- Micro- and macroeconomicsswings in the economic pendulum; three different views of the business cycle; employment fluctuations in a dynamic economy; what is full employment?; a closer look at the employment statistics; the economics of inflation; the cost of inflation; chapter 8. aggregate equilibrium and a simple keynesian model; tools of the modern keynesian analysis; saving, investment, and the circular flow analysis; keynes and the view of classical economists; the determinants of consumption; the determinants of investment; equilibrium and the keynesian model.