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Tables of Contents for Economics
Chapter/Section Title
Page #
Page Count
Preface
xv
Syllabus map
xvi
About the authors
xviii
Acknowledgements
xix
SECTION I The market system
Introduction: what is economics all about?
3
13
Mathematical techniques in economics
16
13
The economic problem: resources, scarcity and choice
29
18
The allocation of resources in competitive markets
47
17
Elasticities of demand and supply
64
16
Markets in movement
80
18
The business organisation, costs and profits
98
14
Market structures
112
13
SECTION II Market failure and government intervention
The mixed economy: market failure vs government failure
125
12
Government intervention in the market
137
18
SECTION III Markets in operation
The market in practice: agriculture, housing and labour
155
18
The leisure industry
173
9
The economics of the environment
182
14
Transport and the economy
196
15
SECTION IV The national economy
What is the macroeconomy?
211
5
Measuring the macroeconomy
216
12
Analysing the macroeconomy
228
10
Managing the macroeconomy: problems and policies
238
21
SECTION V Business economics
The size and growth of firms
259
11
Costs in the short run and the long run
270
9
Competitive supply
279
7
Price and output under imperfect competition
286
18
Aspects of monopoly
304
14
Public ownership, privatisation, regulation and deregulation
318
21
SECTION VI Labour markets and the distribution of income
The pricing of productive factors
339
15
Labour and wages
354
17
An introduction to welfare economics
371
21
Inequality and public policy
392
21
SECTION VII Macroeconomic analysis
Keynesian macroeconomics
413
10
Changes in aggregate demand: consumption, savings and investment
423
16
The Keynesian aggregate model
439
9
The multiplier
448
7
Aggregate demand and supply analysis
455
14
SECTION VIII Managing the economy: issues and policies
Growth and stability
469
11
Money and prices
480
30
Fiscal and monetary policies
510
17
Monetary analysis and income analysis
527
23
The control of inflation
550
16
Unemployment and government policy
566
19
Advanced policy issues
585
21
The gains of international trade
606
16
The balance of payments and exchange rates
622
19
Conflicts between objectives
641
8
SECTION IX The EU and wider perspectives
International institutions
649
13
The European Union
662
30
The developing economies
692
13
Schools of thought and future issues
705
12
Index
717