Economics Theory in Action by Ken Heather

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Item specifics

Condition
Very Good: A book that has been read and does not look new, but is in excellent condition. No ...
ISBN
9780273679844
ISBN-13
9780273679844
ISBN-10
0273679848
Category

About this product

Product Identifiers

Publisher
Pearson Education, The Limited
ISBN-10
0273679848
ISBN-13
9780273679844
eBay Product ID (ePID)
30527485

Product Key Features

Number of Pages
544 Pages
Publication Name
Economics-Theory in Action
Language
English
Subject
Economics / General
Publication Year
2003
Features
Revised
Type
Textbook
Subject Area
Business & Economics
Author
Ken Heather
Format
Trade Paperback

Dimensions

Item Height
0.8 in
Item Weight
31.6 Oz
Item Length
9.8 in
Item Width
7.5 in

Additional Product Features

Edition Number
4
Intended Audience
College Audience
Dewey Edition
21
Illustrated
Yes
Dewey Decimal
330
Edition Description
Revised edition
Table Of Content
List of Applications Preface Approach to the Fourth Edition A Word to the Student A Word to the Instructor Acknowledgements PART I: INTRODUCTORY CONCEPTS 1 Economic Models and Opportunity Cost East European economic reforms: the road to freedom? PART II: MICROECONOMICS 2 Supply, Demand and Elasticity The stock market: a quick way to riches or poverty? 3 Consumer Behaviour: Utility Traffic jams: could European cities import a solution from Singapore 4 Consumer Behaviour: Indifference Analysis The health care systems: is radical treatment needed? 5 Production and Cost Europe's regional problems: why so depressing? 6 Perfect Competition Small: is small beautiful? 7 Monopoly and Monopolistic Competition The price of oil: does OPEC hold the West to ransom? 8 Oligopoly Europe's airline prices: the sky's the limit? 10 Efficiency, Externalities and Public Goods Government expenditure: is the money efficiently spent? 11 Labour Markets Trade unions: labour market manipulators? PART III: MACROECONOMICS 12 National Income Damaging the Earth: how much does it really matter? 13 Keynesianism and Unemployment Unemployment: what can the government do? 14 Investment Saving for the future: how much should we invest 15 Inflation, Aggregate Demand and Supply Beating inflation: is it really worth it? 16 Supply Side Behaviour: Taxation Taxes and benefits: a just and fair society? 17 Supply Side Behaviour: Privatisation Privatisation: a supply side improvement? 18 Money and Banking Running the economy: an independent central bank? PART IV: THE INTERNATIONAL ECONOMY 19 Comparative Advantage and the Balance of Payments Manufacturing trade: not made in Britain? 20 Exchange Rates Giving up sterling: too high a price to pay? 21 Afterword An Overview of the Economic System APPENDICES Appendix 1 Guide to Sources of Information Appendix 2 Sources of Information on Share Prices Appendix 3 Measuring the Distribution of Income: the Gini Coefficient Appendix 4 Derivation of the Demand Curve for Labour Appendix 5 Determination of the Multiplier Glossary Index
Synopsis
This text brings the fascinating subject of economics alive, addressing current and often controversial issues that have a great effect upon us all, for example: why does government worry about inflation? What is a fair wage? Is the Euro a good idea? The state of the Health service, etc. The book adopts a unique case-study approach, to both stimulate and challenge the student. Each of the twenty cases has been carefully chosen to build up an understanding of economic analysis, showing how economic theory relates to the real world. For example Supply, Demand and Elasticity is discussed with the help of the case of 'The stock market: a quick way to riches or poverty' and Oligopoly is covered with the help of the case of 'Europe's airline prices: the sky's the limit?'
LC Classification Number
NB171.5

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