Economic Literacy Basic Economics with an Attitude

ISBN-10: 1442204222

ISBN-13: 9781442204225

Edition: 3rd 2010

Authors: Frederick Weaver
List price: $19.95
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Description: In its third edition, Economic Literacy Basic Economics with An Attitude, explains the logic, language, and worldview of economic theory, in a continuation of the engaging style that made earlier editions so accessible to the reader. While covering the fundamentals of the discipline, the author also includes a wide range of new material focusing on the structure, causes and results of the Great Recession. From microeconomics and macroeconomics to the composition of international and domestic economies, Economic Literacy also makes the key distinction between economics as an academic discipline and the economy as a practical reality. Never grim, often witty, and frequently insightful into our turbulent financial times, Economic Literacy's third edition is a must for students of economics everywhere.

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Book details

List price: $19.95
Edition: 3rd
Copyright year: 2010
Publisher: Rowman & Littlefield Publishers, Incorporated
Publication date: 9/16/2010
Binding: Paperback
Pages: 290
Size: 6.00" wide x 9.00" long x 1.00" tall
Weight: 1.276
Language: English

List of Figures
List of Tables
Preface
Acknowledgments
Introduction
The Organization of the Book
Microeconomics and the Theory of Markets
Demand and Supply
Demand
Income and Wealth
Prices of Other Goods
Tastes
Expectations
Supply
Prices of Inputs
Technology
Expectations
Market Equilibrium
Elasticity
Sales Taxes
The Theory of the Firm, Market Structures, Factor Markets, and the Distribution of Income
Perfect Competition
Market Failure
Monopoly
Price Discrimination
Monopolistic Competition
Oligopoly
The End of Oligopoly?
Deregulation
The Theory of Factor Pricing
The Distribution of Income
Macroeconomics
The Economy as a Whole: Definitions and Analyses
Why Macroeconomics?
How Gross Is the Gross Domestic Product?
Effective Demand
Households and Consumption
The Business Sector and Investment
The Public Sector
Fiscal Policy, Monetary Policy, Recession and Inflation
Fiscal Policy: Taxing and Spending
Money Is as Money Does
Financial Markets, the Federal Reserve System, and Monetary Policy
Monetary Policy
Business Cycles, Inflation, and Unemployment
Up, Up, Up ...
Down, Down, Down ...
The Tools of Stabilization Policy
A New Dynamic?
Financial Crisis
The Great Recession
International Economics and National Economies
International Economics and Comparative Advantage
The Idea of Comparative Advantage
Exchange Rates and Adjustment Mechanisms
Gold standard
Flexible Exchange Rates
International Investment and the Balance of Payments
Government Policy and the International Economy: Tariffs, Quotas, and Exchange Rates
Free Trade Determining Public Policy
The International Economy: The Rise and Fall of Bretton Woods
The Dollar Exchange Standard, 1944-1971
Transnational Corporations
The Transformation of the International Economy
The End of the Bretton Woods Payments System
The Beginning of a New International Economy
The New International Economy
An Anomaly and a Worry
Some Final Observations
Appendix: Websites of Related Interest
Notes
Index
About the Author
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