Principles of economics / (Record no. 6316)

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003 - CONTROL NUMBER IDENTIFIER
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control field 20240513120640.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 850415s1986 ohua b 001 0 eng
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 85050939
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 0073542857
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780073542850
040 ## - CATALOGING SOURCE
Original cataloging agency BUL
Transcribing agency BUL
Modifying agency BUL
Language of cataloging eng
Description conventions rda
082 00 - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330
Edition number 19
Item number HOL
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Holt, Jeff
245 10 - TITLE STATEMENT
Title Principles of economics /
Statement of responsibility, etc. Jeff Holt
250 ## - EDITION STATEMENT
Edition statement 3rd edition.
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Boston :
Name of publisher, distributor, etc. McGraw-Hill
Date of publication, distribution, etc. c2007.
300 ## - PHYSICAL DESCRIPTION
Extent 1 v. varying pages :
Other physical details ill. ;
Dimensions 28 cm.
500 ## - GENERAL NOTE
General note Contents<br/><br/>Introduction: A Brief History of U.S. Economic Growth<br/>1. From Jamestown to the Present<br/>2. Increases in Per Capita Output<br/>3. Improvements in the Standard of Living<br/>4. Thirty Largest National Economies<br/>5. Questions for Introduction<br/>6. Answers for Introduction<br/><br/>Chapter 1: Scarcity and Choices<br/>1. The Basic Economic Problem - Scarcity<br/>2. Human Wants Are Unlimited<br/>3. Resources Are Limited<br/>4. Categories of Resources<br/>5. Resource Owner Motivation<br/>6. Opportunity Cost<br/>7. Rationing<br/>8. Marginal Benefits and Marginal Costs<br/>9. Scientific Thinking<br/>10. Macroeconomics versus Microeconomics<br/>11. Appendix: Graphs<br/>12. Direct Relationship<br/>13. Inverse Relationship<br/>14. Slope<br/>15. Questions for Chapter 1<br/>16. Answers for Chapter 1<br/>Chapter 2: Trade and Economic Systems<br/>1. Self-sufficiency or Trade<br/>2. Consumer’s Surplus and Producer’s Surplus<br/>3. Externalities<br/>4. The Production Possibilities Frontier<br/>5. Law of Increasing Opportunity Cost<br/>6. Economic Efficiency<br/>7. Economic Growth<br/>8. Economic Systems<br/>9. Capitalist Vision<br/>10. Socialist Vision<br/>11. Three Economic Questions<br/>12. Appendix: A Movement Along a Curve versus a Shift in a Curve<br/>13. Questions for Chapter 2<br/>14. Answers for Chapter 2<br/>Chapter 3: Demand, Supply, and Equilibrium<br/>1. Demand<br/>2. Law of Demand<br/>3. Substitution Effect<br/>4. Income Effect<br/>5. Demand Schedule and Demand Curve<br/>6. Determinants of Demand<br/>7. Change in Demand versus Change in Quantity Demanded<br/>8. Supply<br/>9. Law of Supply<br/>10. Determinant of Supply<br/>11. Change in Supply versus Change in QuantiSupplied<br/>12. Equilibrium: Putting Demand and Supply Together<br/>13. Moving from Disequilibrium to Equilibrium<br/>14. Free Markets and Economic Efficiency I<br/>15. Free Markets and Economic Efficiency II<br/>16. A Change in Equilibrium Price and Quantity<br/>17. Price Controls<br/>18. A Price Ceiling<br/>19. A Price Floor<br/>20. Price Controls and Economic Inefficiency<br/>21. Questions for Chapter 3<br/>22. Answers for Chapter 3<br/>Chapter 4: Inflation and Unemployment<br/>1. Three Macroeconomic Goals<br/>2. Inflation<br/>3. The Price Level, Money, and Production<br/>4. Consumer Price Index<br/>5. Computing the Rate of Inflation<br/>6. Consumer Price Index Table<br/>7. Adjusting Nominal Values to Real Values<br/>8. Unemployment<br/>9. Full Employment<br/>10. Measuring Unemployment<br/>11. Types of Unemployment<br/>12. Frictional Unemployment<br/>13. Structural Unemployment<br/>14. Natural Unemployment Rate<br/>15. Cyclical Unemployment<br/>16. Appendix: Economic Growth and Job Destruction<br/>17. Appendix: Female Labor Force Participation<br/>18. Questions for Chapter 4<br/>19. Answers for Chapter 4<br/>Chapter 5: Measuring Total Output: GDP<br/>1. Gross Domestic Product<br/>2. Exclusions From GDP<br/>3. Two Measures of Total Output<br/>4. Per Capita Output<br/>5. Per Capita Personal Income - 2004<br/>6. Real GDP<br/>7. Historical Data on Nominal and Real GDP<br/>8. The Business Cycle<br/>9. Appendix: The Three Economic Goals and the U.S. Economy<br/>10. Appendix: Circular Flow Diagram<br/>11. Questions for Chapter 5<br/>12. Answers for Chapter 5<br/>Chapter 6: The Aggregate Market<br/>1. Aggregate Demand<br/>2. Shifts in the Aggregate Demand Curve<br/>3. Aggregate Supply<br/>4. Shifts in the SRAS Curve<br/>5. Short-Run Equilibrium: Putting AD and SRAS Together<br/>6. Changes in AD and SRAS<br/>7. Appendix: Why the Aggregate Demand Curve Slopes Downward<br/>8. Appendix: Why the Short-Run Aggregate Supply Curve Slopes Upward<br/>9. Questions for Chapter 6<br/>10. Answers for Chapter 6<br/>Chapter 7: Classical Economic Theory<br/>1. Adam Smith<br/>2. The Ideal Quantity of Total Output<br/>3. The Self-Regulating Economy<br/>4. Marx’s Criticism of Classical Theory<br/>5. Say’s Law<br/>6. Say’s Law, Savings, and Flexible Interest Rates<br/>7. Say’s Law and Flexible Wages and Prices<br/>8. Natural Real GDP<br/>9. A Recessionary Gap<br/>10. An Inflationary Gap<br/>11. Long-Run Equilibrium<br/>12. Automatically Closing a Recessionary Gap<br/>13. Automatically Closing an Inflationary Gap<br/>14. Long-Run Aggregate Supply<br/>15. Laissez-faire<br/>16. Questions for Chapter 7<br/>17. Answers for Chapter 7<br/>Chapter 8: Keynesian Economic Theory<br/>1. John Maynard Keynes<br/>2. Keynesian Theory and Say’s Law<br/>3. Keynesian Theory and Closing a Recessionary Gap<br/>4. Consumption<br/>5. Marginal Propensity to Consume<br/>6. The 45° Angle Line<br/>7. The Total Expenditures Curve<br/>8. Equilibrium Real GDP<br/>9. Equilibrium Real GDP and the 45° Angle Line<br/>10. A Change in Total Expenditures<br/>11. Formula for Change in Real GDP<br/>12. The Multiplier<br/>13. Questions for Chapter 8<br/>14. Answers for Chapter 8<br/>Chapter 9: Fiscal Policy<br/>1. Keynesian Fiscal Policy<br/>2. Keynesian Fiscal Policy Theory and a Recessionary Gap<br/>3. Keynesian Fiscal Policy Theory and an Inflationary Gap<br/>4. Automatic Stabilizers<br/>5. Potential Problems with Fiscal Policy<br/>6. Supply-side Fiscal Policy<br/>7. The Laffer Curve<br/>8. Supply-side Tax Cuts<br/>9. Appendix: History of the Federal Government’s Budget<br/>10. Questions for Chapter 9<br/>11. Answers for Chapter 9<br/>Chapter 10: Money and Money Creation<br/>1. Money<br/>2. Barter<br/>3. Functions of Money<br/>4. Why Money is Valuable<br/>5. Measuring the Money Supply<br/>6. Checks and Credit Cards<br/>7. Money Creation<br/>8. Required Reserves<br/>9. Reserves<br/>10. Excess Reserves<br/>11. A Simplified Balance Sheet<br/>12. U.S. Government Securities<br/>13. Potential Deposit Multiplier<br/>14. Questions for Chapter 10<br/>15. Answers for Chapter 10<br/>Chapter 11: The Federal Reserve System and Inflation<br/>1. The U.S. Central Bank<br/>2. Functions of the Federal Reserve System<br/>3. Monetary Base and the Money Supply<br/>4. The Actual Money Multiplier<br/>5. Tools for Controlling the Money Supply<br/>6. Open Market Operations<br/>7. Changing the Reserve Requirement<br/>8. Changing the Discount Rate<br/>9. Inflation<br/>10. Effects of Inflation<br/>11. Appendix: The Independence of the Federal Reserve System<br/>12. Appendix: Recent Fed Monetary Policy<br/>13. Questions for Chapter 11<br/>14. Answers for Chapter 11<br/>Chapter 12: Monetary Policy<br/>1. Classical Monetary Theory<br/>2. Velocity of Money<br/>3. Monetarism<br/>4. Keynesian Monetary Theory<br/>5. Failure of the Keynesian Monetary Transmission Mechanism<br/>6. Monetarist Transmission Mechanism<br/>7. Monetary Policy and Closing Gaps<br/>8. Keynesian Theory and the Proper Policies<br/>9. Monetarist Theory and the Proper Policies<br/>10. Appendix: The Great Depression<br/>11. Keynesian Theory of the Great Depression<br/>12. Classical Theory of the Great Depression<br/>13. Questions for Chapter 12<br/>14. Answers for Chapter 12<br/>Chapter 13: Taxes, Deficits, and the National Debt<br/>1. Classifications of Taxes<br/>2. Major Federal Taxes<br/>3. History of the Federal Personal Income Tax<br/>4. Characteristics of a Good Tax<br/>5. Excess Burden<br/>6. Is the Federal Personal Income Tax a Good Tax?<br/>7. What Would Make the Federal Personal Income Tax a Better Tax?<br/>8. The Burden of the Federal Personal Income Tax<br/>9. Major Federal Spending Programs<br/>10. Deficits and the National Debt<br/>11. The Burden of Deficit Spending<br/>12. Questions for Chapter 13<br/>13. Answers for Chapter 13<br/>Chapter 14: Economic Growth<br/>1. Absolute Economic Growth<br/>2. Per Capita Economic Growth<br/>3. Economic Growth in the U.S.<br/>4. Determinants of Economic Growth<br/>5. Governmental Policies and Economic Growth<br/>6. Industrial Policy<br/>7. Theories of Economic Growth<br/>8. Classical Growth Theory<br/>9. Neoclassical Growth Theory<br/>10. New Growth Theory<br/>11. Appendix: New Ideas and Central Planning<br/>12. Appendix: Worries about Future Economic Growth<br/>13. Questions for Chapter 14<br/>14. Answers for Chapter 14<br/>Chapter 15: Less Developed Countries<br/>1. Developed Countries versus Less Developed Countries<br/>2. Common Hardships for LDCs<br/>3. Economic Growth and the Rule of 70<br/>4. The Importance of Economic Growth Rates<br/>5. Economic Freedom and Economic Growth<br/>6. Obstacles to Economic Development<br/>7. Counterproductive Governmental Policies<br/>8. Appendix: Per Capita GDP for Selected Countries<br/>9. Appendix: “The Power of Productivity”<br/>10. Questions for Chapter 15<br/>11. Answers for Chapter 15<br/>Chapter 16: International Trade<br/>1. Some International Trade Facts<br/>2. Why Nations Trade<br/>3. Comparative Advantage Example<br/>4. Trade Restrictions<br/>5. The Effects of a Quota of Zero<br/>6. Gain to Domestic Producers<br/>7. Loss to Domestic Consumers<br/>8. The Politics of Trade Restrictions<br/>9. Arguments for Trade Restrictions<br/>10. The Movement toward Freer Trade<br/>11. Appendix: Comparative Advantage versus Absolute Advantage<br/>12. Appendix: Exchange Rates<br/>13. Questions for Chapter 16<br/>14. Answers for Chapter 16<br/>Chapter 17: Elasticity<br/>1. Elasticity<br/>2. Price Elasticity of Demand<br/>3. Two Extreme Examples<br/>4. Computing Price Elasticity of Demand<br/>5. Price Elasticity of Demand Classifications<br/>6. Price Elasticity of Demand and Total Revenue<br/>7. Determinants of Price Elasticity of Demand<br/>8. Income Elasticity of Demand<br/>9. Normal Goods and Inferior Goods<br/>10. Cross Elasticity of Demand<br/>11. Substitutes and Complements<br/>12. Price Elasticity of Supply<br/>13. The Burden of a Tax and Price Elasticity<br/>14. Questions for Chapter 17<br/>15. Answers for Chapter 17<br/>Chapter 18: Utility<br/>1. Utility<br/>2. Utility is a Subjective Measurement<br/>3. Marginal Utility<br/>4. Law of Diminishing Marginal Utility<br/>5. Diminishing Marginal Utility and Income Distribution<br/>6. Diamond-Water Paradox<br/>7. Utility Maximization<br/>8. Utility Maximization Rules<br/>9. Providing Essential Goods Free of Charge<br/>10. Efficiency: Equating Marginal Benefit and Marginal Cost<br/>11. Appendix: Consumer Behavior, Indifference Curves and Budget Constraints<br/>12. Questions for Chapter 18<br/>13. Answers for Chapter 18<br/>Chapter 19: The Firm<br/>1. Firms and Efficiency<br/>2. Firms and Reduced Transaction Costs<br/>3. Firms and Team Production<br/>4. Shirking in Team Production<br/>5. The Principal-Agent Problem<br/>6. Business Firms<br/>7. The Chief Goal of Business Firms<br/>8. Legal Types of Business Firms<br/>9. Financing Business Activity<br/>10. The Balance Sheet of a Business Firm<br/>11. Nonprofit Firms<br/>12. Questions for Chapter 19<br/>13. Answers for Chapter 19<br/>Chapter 20: Production and Costs<br/>1. Explicit Costs versus Implicit Costs<br/>2. Accounting Profit versus Economic Profit<br/>3. Sunk Cost<br/>4. Short Run Production versus Long Run Production<br/>5. Marginal Physical Product<br/>6. Law of Diminishing Marginal Returns<br/>7. Diminishing Marginal Returns and Marginal Cost<br/>8. Fixed Costs versus Variable Costs<br/>9. Total Cost<br/>10. Average Costs of Production<br/>11. Cost Curves Graph<br/>12. Appendix: Total Revenue, Total Cost, and Break-Even<br/>13. Questions for Chapter 20<br/>14. Answers for Chapter 20<br/>Chapter 21: Perfect Competition<br/>1. Market Structure and Market Power<br/>2. The Key Characteristic of Perfect Competition<br/>3. The Demand Curve for a Perfect Competitor<br/>4. Profit-Maximization<br/>5. Shutdown Point<br/>6. The Supply Curve for a Perfect Competitor<br/>7. Perfect Competition in the Long Run<br/>8. Perfect Competition and Economic Efficiency<br/>9. Perfect Competition’s Happy Coincidence<br/>10. Perfect Competition and Individual Freedom<br/>11. Appendix: Economic Profit and Loss<br/>12. Appendix: Perfect Competition in the Long Run<br/>13. Questions for Chapter 21<br/>14. Answers for Chapter 21<br/>Chapter 22: Monopoly<br/>1. Monopoly and Market Power<br/>2. Monopoly and Barriers to Entry<br/>3. Demand and Marginal Revenue for a Monopoly<br/>4. Demand Curve and MR Curve for a Monopoly<br/>5. Profit-Maximization<br/>6. Comparing Monopoly to Perfect Competition<br/>7. The Economic Inefficiency of Monopoly<br/>8. Rent Seeking<br/>9. Other Problems with Monopoly<br/>10. Price Discrimination<br/>11. Appendix: Comparing Monopoly to Perfect Competition; Profit<br/>12. Questions for Chapter 22<br/>13. Answers for Chapter 22<br/>Chapter 23: Monopolistic Competition and Oligopoly<br/>1. Monopolistic Competition<br/>2. Product Differentiation<br/>3. Demand and Marginal Revenue for a Monopolistic Competitor<br/>4. Profit-Maximization for a Monopolistic Competitor<br/>5. Comparing Monopolistic Competition to Perfect Competition<br/>6. The Economic Inefficiency of Monopolistic Competition<br/>7. Monopolistic Competition and Profits in the Long Run<br/>8. Oligopoly<br/>9. Theories of Oligopoly Behavior<br/>10. The Economic Inefficiency of Oligopoly<br/>11. Appendix: Game theory<br/>12. Questions for Chapter 23<br/>13. Answers for Chapter 23<br/>Chapter 24: Factor Markets<br/>1. Demand for a Factor<br/>2. Marginal Revenue Product<br/>3. Marginal Factor Cost<br/>4. Profit-Maximization Rule for Employing Factors<br/>5. Demand Curve for a Factor<br/>6. Determinants of Factor Demand<br/>7. Value of the Marginal Product<br/>8. Cost-Minimizing Combination of Factors<br/>9. Elasticity of Demand for Labor<br/>10. Labor Supply Curve for a Perfectly Competitive Employer<br/>11. Labor Supply Curve in a Particular Labor Market<br/>12. Determinants of Labor Supply<br/>13. Differences in Wage Rates<br/>14. Screening Devices<br/>15. Questions for Chapter 24<br/>16. Answers for Chapter 24<br/>Chapter 25: Labor Unions<br/>1. Types of Labor Unions<br/>2. Demand Curve for a Union<br/>3. Union Goals<br/>4. Right-to-work Laws<br/>5. Collective Bargaining<br/>6. Monopsony<br/>7. Profit-Maximization for a Monopsony<br/>8. The Union and the Monopsony<br/>9. Unions and Wages<br/>10. Unions and Productivity<br/>11 Questions for Chapter 25<br/>12. Answers for Chapter 25<br/>Chapter 26: Interest, Present Value, Rent, and Profit<br/>1. The Loanable Funds Market<br/>2. Supply of Loanable Funds<br/>3. Private Demand for Loanable Funds<br/>4. Changes in the Demand for Loanable Funds<br/>5. Interest Rates Vary<br/>6. Real Interest Rate<br/>7. Present Value<br/>8. Economic Rent<br/>9. Economic Profit<br/>10. Profit as a Signal<br/>11. Appendix: Present Value Table<br/>12. Questions for Chapter 26<br/>13. Answers for Chapter 26<br/>Chapter 27: Market Failure<br/>1. Economic Efficiency Rule<br/>2. Externalities<br/>3. Private Market Equilibrium<br/>4. External Benefit<br/>5. External Cost<br/>6. Controlling Externalities<br/>7. Internalizing Externalities<br/>8. Government Regulation of Externalities<br/>9. Pollution Control<br/>10. Public Goods<br/>11. Other Causes of Market Failure<br/>12. Questions for Chapter 27<br/>13. Answers for Chapter 27<br/>Chapter 28: Public Choice and Government Failure<br/>1. Government Failure<br/>2. Voters<br/>3. Low Voter Turnover<br/>4. Rational Ignorance<br/>5. Candidates and the Median Voter Model<br/>6. Elected Officials<br/>7. Elected Officials and Short Run Focus<br/>8. Elected Officials and Special-Interest Groups<br/>9. The Influence of Special-Interest Groups<br/>10. A Congressional District as a Special-Interest Group<br/>11. Government Bureaus<br/>12. Other Sources of Government Failure<br/>13. Questions for Chapter 28<br/>14. Answers for Chapter 28<br/>Chapter 29: Government Regulation of Business<br/>1. Attributes of Private Markets<br/>2. Government Regulation of Natural Monopoly<br/>3. Deadweight Loss of Unregulated Natural Monopoly<br/>4. Problems with Regulating Natural Monopoly<br/>5. Public Interest Theory of Regulation<br/>6. Capture Theory of Regulation<br/>7. Public Choice Theory of Regulation<br/>8. Costs of Regulations<br/>9. Deregulation<br/>10. Appendix: Antitrust Law<br/>11. Questions for Chapter 29<br/>12. Answers for Chapter 29<br/>Chapter 30: Agriculture<br/>1. Resources Devoted to Agriculture<br/>2. Good News about U.S. Agriculture<br/>3. The Long Run Problem for Farmers<br/>4. The Short Run Problem for Farmers<br/>5. Traditional Farm Policies<br/>6. The FAIR Act of 1996<br/>7. The Farm Security and Rural Investment Act of 2002<br/>8. Appendix: Some Comments on the Government’s Agricultural Policies<br/>9. Questions for Chapter 30<br/>10. Answers for Chapter 30<br/>Chapter 31: The Distribution of Income and Poverty<br/>1. Some Income Distribution Facts<br/>2. Economic Mobility<br/>3. The Lorenz Curve<br/>4. Overstating the Degree of Income Inequality<br/>5. Distribution of Wealth<br/>6. Overstating the Inequality in Wealth Distribution<br/>7. Causes of Continuing Income Inequality<br/>8. Standards of Income Distribution<br/>9. Income Redistribution<br/>10. Ideal Income Redistribution<br/>11. Actual Income Redistribution<br/>12. Negative Income Tax<br/>13. Poverty<br/>14. Poverty and Economic Mobility<br/>15. Appendix: Four Keys to Achieving Financial Security<br/>16. Questions for Chapter 31<br/>17. Answers for Chapter 31
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc. note Includes Index
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics.
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
a 7
b cbc
c orignew
d 3
e ocip
f 19
g y-gencatlg
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Book Closed Access
Edition 3rd edition
Classification part 330
Item part 1
Call number prefix HOL
Call number suffix 330 HOL
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Source of acquisition Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type Inventory number
    Dewey Decimal Classification     Engineering Library Engineering Library 09/16/2021 Donation   330 HOL 1 BUML24050897 09/16/2021 1 09/16/2021 Book Open Access  
    Dewey Decimal Classification     Science and Education Library Science and Education Library 03/15/2022 Donation   330 HOL 1 NAGL22030872 03/15/2022 1 03/15/2022 Book Open Access 0018064