This brand new European edition of Principles of Economics develops the well regarded US textbook by Frank and Bernanke to reflect the issues and context of economics in Europe.
Table of contents:
Preface PART 1: Introduction 1 Thinking Like an Economist Appendix A: Working with Equations, Graphs and Tables Appendix B: Elements of Calculus for use in Economics 2 Comparative Advantage: The Basis for Exchange 3 Supply and Demand: An Introduction PART 2: Competition and the Invisible Hand 4 Elasticity 5 Demand: The Benefit Side of the Market 6 Perfectly Competitive Supply: The Cost Side of the Market Appendix: Supply 7 Efficiency and Exchange 8 The Quest for Profit and the Invisible Hand PART 3: Market Imperfections 9 Imperfect Competition and Consequences of Market Power 10 Thinking Strategically: Competition among the Few 11 Externalities and Property Rights: External Costs and Benefits 12 The Economics of Information PART 4: Government in the Economy: Distribution, Regulation and the Provision of Public Goods 13 Labour Markets, Income Distribution, Wealth and Poverty 14 Government in the Market Economy: Regulation and Production of Public Goods and Other Services PART 5: Trade and Integration 16 Trade, Factor Flows and Economic Integration: The Basic Economics of the European Union PART 6: Macroeconomics: Issues and Data 17 Macroeconomics: The Bird’s-Eye View of the Economy 18 Measuring Economic Activity: GDP and Unemployment 19 Measuring the Price Level and Inflation PART 7: The Economy in the Long Run 20 Economic Growth, Productivity, and Living Standards 21 Workers, Wages, and Unemployment in the Modern Economy 22 Saving and Capital Formation 23 Money, Prices, and the European Central Bank 24 Financial Markets and International Capital Flows PART 8: The Economy in the Short Run 25 Short-Term Economic Fluctuations Appendix: The Multiplier in the Basic Keynesian Model 26 Stabilising the Economy: The Role of Fiscal Policy 27 Stabilizing the Economy: The Role of Monetary Policy Appendix: Monetary Policy in the Basic Keynesian Model 28 Inflation and Aggregate Supply Appendix: The Algebra of Aggregate Demand and Aggregate Supply PART 9: The International Economy 29 Exchange Rates and the Open Economy 30 Monetary Union: The Theory of Optimum Currency Areas
Table of contents:
Preface PART 1: Introduction 1 Thinking Like an Economist Appendix A: Working with Equations, Graphs and Tables Appendix B: Elements of Calculus for use in Economics 2 Comparative Advantage: The Basis for Exchange 3 Supply and Demand: An Introduction PART 2: Competition and the Invisible Hand 4 Elasticity 5 Demand: The Benefit Side of the Market 6 Perfectly Competitive Supply: The Cost Side of the Market Appendix: Supply 7 Efficiency and Exchange 8 The Quest for Profit and the Invisible Hand PART 3: Market Imperfections 9 Imperfect Competition and Consequences of Market Power 10 Thinking Strategically: Competition among the Few 11 Externalities and Property Rights: External Costs and Benefits 12 The Economics of Information PART 4: Government in the Economy: Distribution, Regulation and the Provision of Public Goods 13 Labour Markets, Income Distribution, Wealth and Poverty 14 Government in the Market Economy: Regulation and Production of Public Goods and Other Services PART 5: Trade and Integration 16 Trade, Factor Flows and Economic Integration: The Basic Economics of the European Union PART 6: Macroeconomics: Issues and Data 17 Macroeconomics: The Bird’s-Eye View of the Economy 18 Measuring Economic Activity: GDP and Unemployment 19 Measuring the Price Level and Inflation PART 7: The Economy in the Long Run 20 Economic Growth, Productivity, and Living Standards 21 Workers, Wages, and Unemployment in the Modern Economy 22 Saving and Capital Formation 23 Money, Prices, and the European Central Bank 24 Financial Markets and International Capital Flows PART 8: The Economy in the Short Run 25 Short-Term Economic Fluctuations Appendix: The Multiplier in the Basic Keynesian Model 26 Stabilising the Economy: The Role of Fiscal Policy 27 Stabilizing the Economy: The Role of Monetary Policy Appendix: Monetary Policy in the Basic Keynesian Model 28 Inflation and Aggregate Supply Appendix: The Algebra of Aggregate Demand and Aggregate Supply PART 9: The International Economy 29 Exchange Rates and the Open Economy 30 Monetary Union: The Theory of Optimum Currency Areas