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Economics, 12e David Begg

Economics, 12e By David Begg

Economics, 12e by David Begg


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Economics, 12e Summary

Economics, 12e by David Begg

Economics is all around us. It influences our daily lives, our society, political decisions, environmental
concerns and the future we leave for our children. The twelfth edition of Economics by David Begg and
Gianluigi Vernasca is a focused toolkit for studying economics. It enables the reader to understand how
economics underpins the world we live in, by presenting the economic theory in a clear and accessible
way and applying it to real world situations.


This new edition has been revised and updated to include the latest topics and issues, such as the role
of information and the digital economy, immigration, and globalization. This material, combined with a
rich array of pedagogical features, encourages students to understand not only our economic past and
present, but also our changing world and the way in which economics can make sense of it.


Key Features:
New chapters on Globalization, National Sovereignty and the World Economy and Governing
the Market;
Fully updated chapters, including new and expanded material on behavioural economics and
game theory;
A range of pedagogical features, including topical case studies, boxes on economic concepts
and activity applications, which show the relevance and application of the material;
A flexible learning approach allows the reader to learn at their own pace, with end of chapter
questions graded by difficulty and optional math boxes for the technically-minded;
Clean and contemporary design for ease of reading and study;
Connect (R) resources such as application-based activities, interactive graphs, algorithmic
questions and graphing and maths tutorials.


Available with McGraw-Hill Education's Connect (R), the well-established online learning platform, which
features our award-winning adaptive reading experience as well as resources to help faculty and
institutions improve student outcomes and course delivery efficiency.


To learn more, visit mheducation.co.uk/connect


About David Begg

David Begg is Principal of the Tanaka Business School at Imperial College London. He has been a Research Fellow of the Centre for Economic Policy Research (a network of leading European economists) since its inception in 1984. David's research focuses mainly on monetary policy, exchange rates, monetary union, and economic transition. He is a Research Fellow of the Centre for Economic Policy Research. He co-authored several of the CEPR annual reports in the series he helped found: Monitoring the European Central Bank, and Monitoring European Integration. The 1997 MEI Report, EMU: Getting the Endgame Right, changed the policy that the European Union adopted to launch the euro in 1999. He was also founding Managing Editor of Economic Policy, now an official journal of the European Economic Association. Gianluigi Vernasca a Senior Lecturer of Economics at University of Essex. Rudiger Dornbusch. MIT RUDI DORNBUSCH (19422002) was Ford Professor of Economics and International Management at MIT. He did his undergraduate work in Switzerland and held a PhD from the University of Chicago. He taught at Chicago, at Rochester, and from 1975 to 2002 at MIT. His research was primarily in international economics, with a major macroeconomic component. His special research interests included the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility pose for developing economies. He lectured extensively in Europe and in Latin America, where he took an active interest in problems of stabilization policy, and held visiting appointments in Brazil and Argentina. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics. Stanley Fischer i? direttore della Banca di Israele. STANLEY FISCHER is governor of the Bank of Israel. Previously he was vice chairman of Citigroup and president of Citigroup International, and from 1994 to 2002 he was first deputy managing director of the International Monetary Fund. He was an undergraduate at the London School of Economics and has a PhD from MIT. He taught at the University of Chicago while Rudi Dornbusch was a student there, starting a long friendship and collaboration. He was a member of the faculty of the MIT Economics Department from 1973 to 1998. From 1988 to 1990 he was chief economist at the World Bank. His main research interests are economic growth and development; international economics and macroeconomics, particularly inflation and its stabilization; and the economics of transition. http://www.iie.com/fischer

Table of Contents

Part 1: Introduction
1. Economics and the economy
2. Tools of economic analysis


Part 2: Positive Microeconomics
3. Demand, supply and the market
4. Elasticities of demand and supply
5. Consumer choice and demand decisions
6. Choice under uncertainty and behavioural economics
7. Introducing supply decision
8. Production, costs and supply
9. Perfect competition and pure monopoly
10. Market structure and imperfect competition
11. Labour market
12. Factor markets, income distribution, and inequality
13. The economics of information


Part 3: Welfare Economics
14. Welfare economics
15. Government spending and revenue
16. Governing the market


Part 4: Macroeconomics
17. Introduction to macroeconomics
18. Supply-side economics and economic growth
19. Output and aggregate demand
20. Fiscal policy and foreign trade
21. Money, banking and financial markets
22. Money demand, interest rates and monetary transmission
23. Monetary and fiscal policy
24. Aggregate supply, prices and adjustment to shocks
25. Inflation, expectations and credibility
26. Unemployment
27. Exchange rates and the balance of payments
28. Open economy macroeconomics
29. Business cycles


Part 5: The World Economy
30. International Trade
31. Exchange rate regimes
32. Globalization, national sovereignty and the world economy

Additional information

NGR9781526847393
9781526847393
1526847396
Economics, 12e by David Begg
New
Paperback
McGraw-Hill
2020-01-06
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

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