Economics

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McGraw-Hill Higher Education, 2009 - Počet stran: 744
Samuelson's text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.
 

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Obsah

Capital Interest and Profits
283
Compromises in Taxation Federal Taxation 314 The Individual Income Tax Social Insurance Taxes
284
Present Value for Perpetuities General Formula for Reading and Internet Websites 321 Questions for Discussion 321
321
Determination of Interest and the Return on Capital The Distribution of Income and Wealth 324
330
Government Taxation and Expenditure 303 Summary 336 Concepts for Review 337 Further
338
ECONOMIC GROWTH
365
Macroeconomic Data for the United States
385
Analysis of Comparative Advantage 344 America Measuring Economic Activity
386

Capital and Private Property
34
Market Command and Mixed Economies 8 Discussion 43
43
Basic Elements of Supply and Demand
45
Curve Shifts in Supply
53
The ProductionPossibility Frontier 18 Production Equilibrium with Supply and Demand Curves 54 Effect
59
SUPPLY DEMAND
63
Demand and Consumer Behavior
84
Geometrical Analysis of Consumer Equilibrium
101
Price Elasticity of Demand 65 Calculating Elasticities Summary to Appendix 106 Concepts
106
Production and Business Organization
107
Chapter 5
114
Choice and Utility Theory 84 Marginal Utility and Discussion 124
124
Analysis of Costs
126
Effect Income Effect From Individual to Average Cost 129 Average or Unit Cost Average
135
Chapter 31
136
Production Cost Theory and Decisions of the Firm
144
Imperfect Competition and Monopoly
169
A Numerical Production Function 144 The Law of The Concept of Marginal Revenue 177 Price Quantity
183
Competition among the Few
187
Supply Where Marginal Cost Equals Price Total Cost Measures of Market Power The Nature
189
ShortRun and LongRun Equilibrium 155
195
Evaluating the Market Mechanism 160 The Concept Activity 201 Why Regulate Industry? Containing
209
Economics of Uncertainty
211
LABOR LAND AND CAPITAL
227
The Labor Market
248
Compensating Wage Differentials
256
Reading and Internet Websites 225 Questions for for Discrimination Statistical Discrimination
263
Land Natural Resources and the Environment
267
Factor Incomes vs Personal Incomes Resource Categories 268 Fixed Land and Rents 269
269
Role of Government Wealth 231 Rent as Return to Fixed Factors Taxing Land
275
The Demand for Factors of Production 236 Factor Government Programs Private Approaches Climate
281
SupplyandDemand Analysis of Trade and Tariffs 350 and Capital Formation Government Purchases
404
Consumption and Investment
408
to Consume The Marginal Propensity to Save Brief Review of Definitions National Consumption
420
Aggregate Supply
426
Business Cycles and Aggregate Demand
428
The Theory of Aggregate Demand 432 The Monetary Policy and the Economy 475
433
Money and the Financial System
453
Monetary Policy and the Economy
475
Output Determined by Total Expenditures 437 How the Central Bank Determines ShortTerm Interest
481
Reading and Internet Websites 451 Questions
489
of Exchange and the Velocity of Money The Quantity Theory of Prices Modern Monetarism
495
GROWTH DEVELOPMENT AND THE GLOBAL
499
The Stock Market 465 Economic Growth 501 The LongTerm Significance of Growth
501
The Challenge of Economic Development
521
Intervention Flexible Exchange Rates 559 Todays
523
Exchange Rates and the International Financial System
543
OpenEconomy Macroeconomics
564
Alternative Models for Development 533 Transmission Mechanism in an Open Economy 571
571
Dragons The Rise of China Socialism 535 The Economic Growth in the Open Economy 574 Saving
578
Exchange Rates and the International Summary 583 Concepts for Review 585 Further
585
UNEMPLOYMENT INFLATION
587
Reading and Internet Websites 628 Questions for Discussion 629
589
B Unemployment 594 Actual Structural and Cyclical Budgets The Economics of the Debt and Deficits 633 The Short
598
Inflation
609
Frontiers of Macroeconomics
630
A Definition and Impact of Inflation 609 The Interaction of Monetary and Fiscal Policies 643 Demand Management The FiscalMonetary Mix
648
Glossary of Terms
654
Index
677
Fiscal Federalism 309 Federal Expenditures State and Services 340 Diversity in Natural Resources
691
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