Instant Economist Everything You Need to Know about How the Economy Works

Name: Instant Economist Everything You Need to Know about How the Economy Works
Availability: InStock
ISBN: 9780452297524

ISBN-10: 0452297524

ISBN-13: 9780452297524

Edition: 2012

Authors: Timothy Taylor

List price: $18.00

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Description:

The Only Economics Book You Will Ever Need. Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists-when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: * Why do budget deficits matter? * What exactly does the Federal Reserve do? * Does globalization take jobs away from American workers? * Why is health insurance so costly? The Instant Economistoffers the knowledge and sophistication to understand the issues- so you can…

Book details

List price: $18.00
Copyright year: 2012
Publisher: Penguin Publishing Group
Publication date: 1/31/2012
Binding: Paperback
Pages: 272
Size: 5.35" wide x 7.99" long x 0.63" tall
Weight: 0.440
Language: English



Introduction



How Economists Think



Division of Labor



Supply and Demand



Price Floors and Ceilings



Elasticity



The Labor Market and Wages



Financial Markets and Rates of Return



Personal Investing



From Perfect Competition to Monopoly



Antitrust and Competition Policy



Regulation and Deregulation



Negative Externalities and the Environment



Positive Externalities and Technology



Public Goods



Poverty and Welfare Programs



Inequality



Imperfect Information and Insurance



Corporate and Political Governance



Macroeconomics and Gross Domestic Product



Economic Growth



Unemployment



Inflation



The Balance of Trade



Aggregate Supply and Aggregate Demand



The Unemployment-Inflation Trade-off



Fiscal Policy and Budget Deficits



Countercyclical Fiscal Policy



Budget Deficits and National Saving



Money and Banking



The Federal Reserve and Its Powers



The Conduct of Monetary Policy



The Gains of International Trade



The Debates over Protectionism



Exchange Rates



International Financial Crashes



A Global Economic Perspective


References


Index