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Mastering Economics (5th Edition)

Author(s):
Publisher:

Red Globe Press

Pages: 420
Series:

Macmillan Master Series

Downloads:

Flyer

Further Actions:

Recommend to library

AVAILABLE FORMATS

Paperback - 9780333779248

19 October 1999

$38.99

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The fifth edition of Mastering Economics has been completely revised and updated. It takes the student through the strengths and weaknesses of the market economy, the role of the government in the economy and the UK's...

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The fifth edition of Mastering Economics has been completely revised and updated. It takes the student through the strengths and weaknesses of the market economy, the role of the government in the economy and the UK's relationship with the European Union especially with regard to adopting the single currency. Care has been taken in selecting and explaining such economic theory considered essential to policy decisions. Each chapter is introduced with a summary of objectives and ends with self-test questions with answers given at the end of the book.

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Completely revised and updated to reflect changes and developments in economic theories and policies
Accessible to a wide readership

PART 1: INTRODUCTION
Solving the Problem of Scarcity
PART 2: PRIVATE-SECTOR PRODUCTION
The Operation of the Market Economy
Demand
Supply (i) The Structure of Industry
Supply (ii) Costs and Profitability
PART 3: FACTORS OF PRODUCTION AND THEIR REWARD
The Determination of Factor Rewards
Labour and Wages
Capital, Land and Entrepreneurship
PART 4: THE GOVERNMENT AND THE ALLOCATION OF RESOURCES
Making the Most of Limited Resources
Monopoly and Imperfect Competition
The Provision of Goods and Services by the Public Sector
PART 5: THE ENVIRONMENT
Externalities and Cost-Benefit Analysis
Protecting the Environment
PART 6: MONEY AND FINANCIAL INSTITUTIONS
Money and Financial Markets
Clearing Banks
The Bank of England
ART 7: THE GOVERNMENT'S OVERALL MANAGEMENT OF THE ECONOMY
Outline of Government Management Policy
Measuring the Level of Activity: National Income Calculations
Unemployment
The Level of Output and Aggregate Demand: the Keynesian Explanation
The Relationship of the Price Level and the Level of Employment
Government Policy to Control Inflation
Balanced Regional Development
Economic Growth
Public Finance
PART 8: INTERNATIONAL TRADE
The Nature of International Trade
Foreign Currency Exchange Rates
Balance of Payments Stability
The European Union.

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JACK HARVEY has taught economics at all levels during his long career. His other books include Modern Economics and Urban Land Economics. With his son and daughter he now runs a large dairy and sheep farm in Hampshire.

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JACK HARVEY has taught economics at all levels during his long career. His other books include Modern Economics and Urban Land Economics. With his son and daughter he now runs a large dairy and sheep farm in Hampshire.

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