Economics

by
Edition: 17th
Format: Hardcover
Pub. Date: 2000-12-01
Publisher(s): MCGRAW HILL BOOK COMPANY
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Summary

Economics, 17e, by Samuelson and Nordhaus, is the classic text which set the standard for principles of economics texts when it was introduced in 1948. This text has been the standard-bearer in principles books for over 50 years, presenting a clear, accurate, and interesting introduction to economics. Bill Nordhaus is now the primary author of this modern treatment of economics which has been thoroughly updated.

Table of Contents

Preface xvii
Economics and the Internet xxiii
PART ONE BASIC CONCEPTS 1(64)
The Fundamentals of Economics
3(22)
How to Read Graphs
18(7)
Markets and Government in a Modern Economy
25(21)
Basic Elements of Supply and Demand
46(19)
PART TWO MICROECONOMICS: SUPPLY, DEMAND, AND PRODUCT MARKETS 65(158)
Applications of Supply and Demand
67(18)
Demand and Consumer Behavior
85(23)
Geometrical Analysis of Consumer Equilibrium
102(6)
Production and Business Organization
108(17)
Analysis of Costs
125(22)
Production, Cost Theory, and Decisions of the Firm
142(5)
Analysis of Perfectly Competitive Markets
147(19)
Imperfect Competition and Its Polar Case of Monopoly
166(17)
Oligopoly and Monopolistic Competition
183(20)
Uncertainty and Game Theory
203(20)
PART THREE FACTOR MARKETS: LABOR, LAND, AND CAPITAL 223(72)
How Markets Determine Incomes
225(18)
The Labor Market
243(24)
Land and Capital
267(28)
Markets and Economic Efficiency
286(9)
PART FOUR APPLIED MICROECONOMICS: INTERNATIONAL TRADE, GOVERNMENT, AND THE ENVIRONMENT 295(116)
Comparative Advantage and Protectionism
297(25)
Government Taxation and Expenditure
322(22)
Promoting More Efficient Markets
344(19)
Protecting the Environment
363(22)
Efficiency vs. Equality: The Big Trade-off
385(26)
PART FIVE MACROECONOMICS: THE STUDY OF ECONOMIC GROWTH AND BUSINESS CYCLES 411(154)
Overview of Macroeconomics
413(21)
Macroeconomic Data
432(2)
Measuring Economic Activity
434(21)
Consumption and Investment
455(21)
Business Fluctuations and the Theory of Aggregate Demand
476(15)
The Multiplier Model
491(20)
Money, Banking, and Financial Markets
511(30)
Central Banking and Monetary Policy
541(24)
PART SIX ECONOMIC GROWTH AND MACROECONOMIC POLICY 565(94)
The Process of Economic Growth
567(24)
The Challenge of Economic Development
591(21)
Exchange Rates and the International Financial System
612(23)
Open-Economy Macroeconomics
635(24)
PART SEVEN UNEMPLOYMENT, INFLATION, AND ECONOMIC POLICY 659(95)
Unemployment and the Foundations of Aggregate Supply
661(22)
Ensuring Price Stability
683(26)
The Warring Schools of Macroeconomics
709(21)
Policies for Growth and Stability
730(24)
Valediction 754(2)
Glossary of Terms 756(23)
Index 779

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