Microeconomics /
William Boyes, Michael Melvin.
- 8th edition.
- Australia ; Mason, OH : South-Western Cengage Learning, c2011.
- xxxi, (various paging) : col. ill. ; 26 cm.
Contents;
Part 1: Introduction to the price system 1. Economics: The world around you 2. Choice, opportunity costs, and specialization 3. Markets, demand and supply,and the price system 4. The market system and the private and public sector
Part 2: Macroeconomic basics 5. National income accounting 6. An introduction to the foreign exchange market and the balance of payments 7. Unemployment and inflation 8. Macroeconomic equilibrium: Aggregate demand and supply 9. Aggregate expenditures 10. Income and expenditure
Part 3: Macroeconomic policy 11. Fiscal policy 12. Money and banking 13. Monetary policy 14. Macroeconomic policy: Tradeoffs, expectations, credibility, and sources of business cycles 15. Macroeconomic viewpoints: New Keynesian,monetarist, and new classical. 16. Economic growth 17. Development economies 18. Globalization
Part 4: Product market basics 19. Elasticity: Demand and supply 20. Consumer choices 21. Supply: The costs of doing business
Part 5: Product markets 22. Profit maximization 23. Perfect competition 24. Monopoly 25. Monopolistic competition and oligopoly 26. Antitrust and regulation 27. Government and market failures
Part 6: Resource markets 28. Resource markets 29. The labor market 30. Capital markets 31. The land market and natural resources
Part 7: Current issues involving the public sector and the market economy 32. Aging, social security, and health care 33. Income distribution, poverty, and government policy
Part 8: Issues in international trade and finance 34. World trade equilibrium 35. International trade restrictions 36. Exchange rates and financial links between countries