Macroeconomics / Edition 11

by Richard G. Lipsey, Paul N. Courant

Overview

The goal of this book has always been to provide readers with a solid introduction to the economic issues facing the world today, using the methods economists use to study those issues, and the policy problems that those issues create. This revision includes updated information on such key issues as health care, distribution of income, unemployment, labor, and monetary policy. The authors have also greatly increased the focus on the international economy and economic growth.

Product Details

ISBN-13:	9780673994783
Publisher:	Addison-Wesley Educational Publishers, Inc.
Publication date:	01/28/1996
Edition description:	Older Edition
Pages:	800
Product dimensions:	8.27(w) x 10.24(h) x (d)

Table of Contents

I. THE NATURE OF ECONOMICS.

1. The Economic Problem.
2. Economics as a Social Science.
3. The Anatomy of a Market Economy.
4. Demand, Supply, and Price.
5. Elasticity.

VII. AN INTRODUCTION TO MACROECONOMICS.

21. What Macroeconomics Is All About.
22. The Measurement of National Income.

VIII. NATIONAL INCOME AND FISCAL POLICY.

23. National Income Determination- Part 1.
24. National Income Determination- Part 2.
25. Output and Prices in the Short Run.
26. Output and Prices in the Long Run.

IX. MONEY, BANKING, AND MONETARY POLICY.

27. The Nature of Money and Monetary Institutions.
28. Money, Output, and Prices.
29. Monetary Policy.

X. MACROECONOMIC PROBLEMS AND POLICIES.

30. Inflation.
31. Unemployment.
32. Government Debt and Deficits.
33. Economic Growth.
34. Growth in the Developing Countries.

XII. INTERNATIONAL ECONOMICS.

35. The Gains from International Trade.
36. Trade Policy.
37. Exchange Rates and the Balance of Payments.
38 Macroeconomic Policy in an Open Economy.

Editorial Reviews

Why are there no taxes in Kathmandu? Why is rent in Manhattan so high? And who really pays taxes? These and many other questions about economics of interest to a lay audience form the basis of this excellent set, which is tailor-made for public and high school libraries. The staff editors do not provide an academic treatise on the complex, technical details of economic theory or principles. Instead, they focus on translating economics into an easily understood language, making this work highly useful for students--especially at the high school level. The six volumes cover money, banking, and finance; the citizen and the economy; business operations; the U.S. economy and the world; economic theory; and economic history. With the exception of Volume 5 (on economic theory), the volumes contain numerous well-organized chapters that adequately cover the topic. Volume 5 is arranged as an A-Z encyclopedia of shorter articles about fundamental concepts in economics and can be used as both a reference to the other volumes and a stand-alone reference. Numerous charts, diagrams, figures, and glossy photos are used to clarify concepts, and the set's glossary, reading list, and index are re-produced in each of the six volumes, making for easier cross-referencing. With the ever-changing nature of finance law and regulations, this well-prepared reference set will need regular updates, but it remains the resource of choice on economics for its targeted audience.--Dale Farris, Groves, TX Copyright 2000 Cahners Business Information.\

Library Journal

An introduction to issues, methods, and policy problems in economics. Part I discusses comparative economic systems. Part II deals with demand and supply, and applies the tools of price determination and elasticity to case studies. Part III presents foundations of supply and demand and consumer behavior, and includes material on the derivation of demand curves using indifference curves. Features highlighted key concepts, chapter summaries, questions, and applications boxes. This 11th edition focuses on globalization, and addresses transitional economies in Eastern Europe. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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