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Economics /

Lipsey, Richard G., 1928-,

Economics / [Richard G.] Lipsey & [K. Alec] Chrystal. - 11th edition - xix, 665 pages : color illustrations ; 26 cm

Includes bibliographical references (page [652]) and index.

Economic issues and concepts -- How economists work -- Demand, supply, and price -- Elasticity of demand and supply -- Consumer choice : indifference theory -- the cost structure of firms -- Perfect competition -- Monopoly -- Imperfect competition -- Demand and supply of inputs -- The labour market -- Capital, investment, and new technology -- Market failure -- The role of government -- Macroeconomic issues and measurement -- A basic model of the determination of GDP in the short term -- GDP in an open economy with government -- GDP and the price level in the short run -- GDP and the price level in the long run -- Money and monetary institutions -- The role of money in macroeconomics -- The balance of payments and exchange rates -- Macroeconomic policy in an open economy -- Inflation -- unemployment -- Economic growth -- International trade.

9780199286416


Economics.

330 / C.L.E