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Economics, 12/E
Richard G. LipseySimon Fraser University
Paul N. CourantUniversity of Michigan
Christopher T.S. RaganMcGill University

ISBN-10: 0201347393
ISBN-13:  9780201347395

Publisher:  Prentice Hall
Copyright:  1999
Format:  Cloth; 840 pp
Published:  07/12/1999
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Description

The goal of this text has always been to provide students with a solid introduction to the economic issues facing the world today, the methods economists use to study those issues, and the policy problems those issues create. Maintaining the earlier editions' comprehensive examination of the subject, this new edition has been streamlined to make the information more accessible to students. This edition includes updated information on employment, unemployment, the impact of technological change, the costs and benefits of foreign investments, Social Security, debts and deficits, and free trade. The authors have also increased their focus on globalization and international economic growth to expand students' understanding of worldwide issues.


Features

  • Extensions offer brief supplemental treatment of covered topics. Pg.___
  • Applications provide examples of how theoretical material relates to the real world. Pg.___
  • Mathematical notes are collected in a separate section at the end of the book. They are provided to serve the growing number of students who have some background in math without putting off those who do not. Pg.___
  • Appendixes contain optional material that augments the text coverage. Pg.___
  • Each chapter includes a summary, list of topics for review, and discussion questions. The questions are designed for class discussions or quizzes. Pg.___


Table of Contents

I. THE NATURE OF ECONOMICS.

 1. The Economic Problem.

 2. Economics as a Social Science.

 3. The Anatomy of a Market Economy.

II. AN INTRODUCTION TO DEMAND AND SUPPLY.

 4. Demand, Supply, and Price.

 5. Elasticity.

 6. Demand and Supply in Action.

III. CONSUMERS AND PRODUCERS.

 7. Consumer Behavior.

 8. Producers and Cost in the Short Run.

 9. Producers and Cost in the Long Run.

IV. PRICING AND MARKET STRUCTURE.

10. Competitive Markets.

11. Monopoly.

12. Imperfect Competition and Strategic Behavior.

13. Economic Efficiency, Economic Regulation, and Antitrust.

14. Inside the Firm.

V. THE MARKET FOR FACTORS OF PRODUCTION.

15. Factor Pricing and Factor Mobility.

16. Labor Markets.

17. Capital and Nonrenewable Resources.

VI. GOVERNMENT IN THE MARKET ECONOMY.

18. Benefits and Costs of Government Intervention.

19. Environmental and Safety Regulation.

20. Taxation and Public Expenditure.

VII. AN INTRODUCTION TO MACROECONOMICS.

21. What Macroeconomics Is All About.

22. The Measurement of National Income.

VIII. NATIONAL INCOME AND FISCAL POLICY.

23. National Income Determination: Part I.

24. National Income Determination: Part II.

25. Output and Prices in the Short Run.

26. Output and Prices in the Long Run.

IX. MONEY, BANKING, AND MONETARY POLICY.

27. The Nature of Money.

28. Money, Output, and Prices.

29. Monetary Policy.

X. MACROECONOMIC PROBLEMS AND POLICIES.

30. Inflation.

31. Unemployment.

32. Government Budget Deficits.

33. Economic Growth.

34. Growth in Developing Countries.

XI. INTERNATIONAL ECONOMICS.

35. The Gains from International Trade.

36. Trade Policy.

37. Exchange Rates and the Balance of Payments.

38. Macroeconomic Policy in an Open Economy.



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MAC Computer Test Bank, 12/E
Lipsey
©2000  |  Prentice Hall  |  Software  |  Out of Stock
ISBN-10: 020145839X  |  ISBN-13: 9780201458398
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Transparency Masters, 12/E
Lipsey
©1999  |  Prentice Hall  |  Paper  |  Instock
ISBN-10: 0201458438  |  ISBN-13: 9780201458435
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