Economics
David Begg

ISBN: 0077117875,
Division: Higher Education,
Price: £45.99,
Pub Date: FEB-08,

Pages: 752
Edition: 09
Format: Paperback

Availability: Not Yet Published

Description

Economics by Begg, Fischer and Dornbusch is the definitive economics textbook, providing students with the essential coverage for their economic principles course. Thoroughly revised and updated, the new edition features:

  • New Activity Boxes in every chapter, to encourage students to apply their learning in a real-world context
  • New and updated example boxes in every chapter, drawn from companies and products such as easyJet, iPod and Skype and including contemporary topics such as music downloads, Live 8, international trade and house prices
  • Updated economic data in every chapter
  • New review questions that vary in level of difficulty, with answers at the back of the book. These allow flexibility for students at different learning stages, with the opportunity to check understanding as they work through the book
  • New and updated material reflecting recent economic changes on climate change, globalisation and the European union

Features

  • New Activity Boxes in every chapter, to encourage students to apply their learning in a real-world context
  • New examples such as easyJet, iPods, Skype, Yellow Pages and London Underground and topics such as house prices, music downloads, Live Aid and international trade
  • New and updated material reflecting recent economic changes on climate change, globalisation and the European union
    • Author Biography

  • David Begg
    Professor David Begg is Principal of the Tanaka Business School, Imperial College, London.

    		•
    Table of Contents

    Part One: Introduction

    1. Economics and the economy
    2. Tools of economic analysis
    3. Demand, supply and the market

    Part Two: Positive microeconomics

    4. Elasticities of demand and supply
    5. Consumer choice and demand decisions
    6. Introducing supply decisions
    7. Costs and supply
    8. Perfect competition and pure monopoly
    9. Market structure and imperfect competition
    10. The labour market
    11. Different types of labour
    12. Factor markets and income distribution
    13. Risk and information
    14. The information economy

    Part Three: Welfare ecomonics

    15. Welfare economics
    16. Government spending and revenue
    17. Industrial policy and competition policy
    18. Natural monopoly: public or private?

    Part Four: Macroeconomics

    19. Introduction to macroeconomics
    20. Output and aggregate demand
    21. Fiscal policy and foreign trade
    22. Money and banking
    23. Interest rates and monetary transmission
    24. Monetary and fiscal policy
    25. Aggregate supply, prices and adjustment to shocks
    26. Inflation, expectations and credibility
    27. Unemployment
    28. Exchange rates and the balance of payments
    29. Open economy macroeconomics
    30. Economic growth
    31. Business cycles
    32. Macroeconomics: taking stock

    Part Five: The world economy

    33. International trade
    34. Exchange rate regimes
    35. European integration
    36. Poverty, development and globalisation

    Appendix: Answers to review questions
    Glossary
    Index



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