Introductory Economics

In: Springer eBook Collection

Abstract

List of Figures -- List of Tables -- Preface -- Acknowledgements -- Glossary -- What is Economics? -- The Tools of Economic Analysis -- Demand, Supply and Market Price -- The Price Mechanism and Market Failure -- Some Applications of Price Theory -- The Basis of Demand -- The Laws of Returns -- Costs and Revenue -- The Finance of Industry -- Perfect Competition -- Monopoly Price Discrimination -- Imperfect Competition -- Labour Enterprise -- Land and Capital -- The Distribution of Factor Incomes -- National Income and its Measurement -- The Determination of National Income -- National Income Determination: The Four Sector Economy Investment -- Aggregate Demand and Aggregate Supply -- Money and the Creation of Bank Deposits -- The Monetary Sector -- Monetary Control Interest -- Rates Measuring Changes -- in the Value of Money Inflation -- Rational Expectations in Economices -- International Trade -- Free Trade and Protection -- The Balance of Payments -- Exchange Rate -- Systems Europe's Economic Community -- Public Finance and Taxation -- Stabilisation Policy -- Supply-Side Policies in the UK -- Development and the Problems of the Less Developed Countries -- Index.