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Principles of Economics By Richard G. Lipsey

Principles of Economics
by Richard G. Lipsey

In Stock
£4.49
This text provides the student with a thorough grounding in all the theoretical components of a first course in economics, supported with world-wide case studies. Learning aids such as chapter summaries, topics for review and discussion questions all help to guide the student through.
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Principles of Economics Summary


Principles of Economics by Richard G. Lipsey

This edition has been rewritten to take account of the latest international developments and the core material revised to ensure students have the best possible account of both theory and practice of the subject. The book provides the student with a thorough grounding in all the theoretical components of a first course in economics, supported with world-wide case studies. Learning aids such as chapter summaries, topics for review, discussion questions and a glossary of economic terms all help to guide the student through the course, whilst a lively four-colour text design, and over three hundred annotated figures present information in a stimulating format. A range of ancillary products to accompany the text includes a test bank of revision questions, instructor's manual and set of overhead transparency masters.

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Table of Contents


How to Use This Book; Economic Issues and Concepts; Methods; Part I: Introduction to the market economy; Dem and, Supply and Price; Elasticity of Demand and Supply; Price Theory in Action; Part II: Consumers and producers; What Determines Demand? I: Marginal Utility Theory; What Determines Demand? II: Indifference Theory; Firms, cost, and profits; Perfect Competition; Monopoly; Imperfect Competition; Risk and Uncertainty; Consumer and Producer Theory in Action; Part III: How income is earned; How Income is Generated; The Income of Labour; Capital, Land, and Natural Resources; Factor Market Theory in Action; Part IV: The government in the economy; Market Success and Market Failure; Government Success and Government Failure; Part V: Modelling the economy as a whole; Macroeconomics and Measurement; A Basic Model of the Determination of GDP; GDP in an Open Economy With Government; GDP and the Price Level in the Short Run; GDP and the Price Level in the Long Run; Part VI: Macro policy in a monetary economy; Macro Policy in a Monetary Economy; The Role of Money in Macroeconomics; Monetary and Fiscal Policy and the Business Cycle; The Balance of Payments and Exchange Rates; Macroeconomic Policy in an Open Economy; Part VII: Global economic issues; Inflation; Employment and Unemployment; Economic Growth; Growth in Developing Countries; International Trade; Global Macroeconomics in Action.

Additional information

GOR010193731
Principles of Economics by Richard G. Lipsey
Richard G. Lipsey
Used - Very Good
Hardback
Oxford University Press
1999-05-01
656
019877589X
9780198775898
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.