Economics  / Michael Parkin (author)

PART I: INTRODUCTION 1. What is Economics? 2. The Economic Problem PART II: HOW MARKETS WORK 3. Demand and Supply 4. Elasticity 5. Efficiency And Equity 6. Government Actions in Markets 7. Global markets in Action PART III: HOUSEHOLDS' CHOICES 8. Utility and Demand 9. Possibilities, Preferences, and Choices PART IV: FIRMS AND MARKETS 10. Organizing Production 11. Output and Costs 12. Perfect Competition 13. Monopoly 14. Monopolistic Competition 15. Oligopoly PART V: MARKET FAILURE AND GOVERNMENT 16. Public Choices, Public Goods, and Healthcare 17. Externalities PART VI: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY 18. Markets for Factors of Production 19. Economic Inequality 20. Uncertainty and Information PART VII: MONITORING MACROECONOMIC PERFORMANCE 21. Monitoring the Value of Production: GDP 22. Monitoring Jobs and Inflation PART VIII: MACROECONOMIC TRENDS 23. Economic Growth 24. Finance, Saving, and Investment 25. Money, the Price Level, and Inflation 26. The Exchange Rate and the Balance of Payments PART IX: MACROECONOMIC FLUCTUATIONS 27. Aggregate Supply and Aggregate Demand 28. Expenditure Multipliers 29. The Business Cycle, Inflation, and Deflation PART X: MACROECONOMIC POLICY 30. Fiscal Policy 31. Monetary Policy