Economics Principles and Policy

ISBN-10: 0538453672
ISBN-13: 9780538453677
Edition: 12th 2012
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List Price: $369.95
Edition: 12th
Copyright Year: 2012
Publisher: Cengage South-Western
Publication Date: 6/13/2011
Binding: Hardcover
Pages: 880
Size: 9.00" wide x 11.50" long x 1.50" tall
Weight: 4.664
Language: English

Alan S. Blinder earned his B.A. at Princeton University, his M.A. at the London School of Economics and Ph.D. at MIT. He teaches at Princeton University and is the author of the best seller, After the Music Stopped, about the financial crisis and its aftermath. Dr. Blinder served on President Clinton's first Council of Economic Advisers and then as vice chairman of the Federal Reserve Board, thereby playing a role in formulating both the fiscal and monetary policies of the 1990s. Dr. Blinder, now a regular columnist for THE WALL STREET JOURNAL, has written newspaper and magazine columns on economic policy for more than thirty years. He is a past Vice President and a Distinguished Fellow of the American Economic Association.

Getting Acquainted with Economics
What Is Economics?
The Economy: Myth and Reality
The Fundamental Economic Problem: Scarcity and Choice
Supply and Demand: An Initial Look
The Building Blocks of Demand and Supply
Consumer Choice: Individual and Market Demand
Demand and Elasticity
Production, Inputs, and Cost: Building Blocks for Supply Analysis
Output, Price, and Profit: The Importance of Marginal Analysis
Securities: Business Finance and the Economy: The Tail that Wags the Dog?
Markets and The Price System
The Firm and the Industry under Perfect Competition
Between Competition and Monopoly
Limiting Market Power: Regulation and Antitrust
The Virtues and Limitations of Markets
The Case for Free Markets: The Price System
The Shortcomings of Free Markets
The Market�s Prime Achievement: Innovation and Growth
Externalities, the Environment, and Natural Resources
Taxation and Resource Allocation
The Distribution of Income
Pricing the Factors of Production
Labor and Entrepreneurship: The Human Inputs
Poverty, Inequality, and Discrimination
The Macroeconomy: Aggregate Supply and Demand
An Introduction to Macroeconomics
The Goals of Macroeconomic Policy
Economic Growth: Theory and Policy
Aggregate Demand and the Powerful Consumer
Demand-Side Equilibrium: Unemployment or Inflation?
Bringing in the Supply Side: Unemployment and Inflation?
Fiscal and Monetary Policy
Managing Aggregate Demand: Fiscal Policy
Money and the Banking System
Monetary Policy: Conventional and Unconventional
The Financial Crisis and the Great Recession
The Debate over Monetary and Fiscal Policy
Budget Deficits in the Short and Long Run
The Trade-Off between Inflation and Unemployment
The United States in The World Economy
International Trade and Comparative Advantage
The International Monetary System: Order or Disorder?
Exchange Rates and the Macroeconomy

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