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Economics [[electronic resource] /] / John Sloman, Alison Wride, Dean Garratt
| Economics [[electronic resource] /] / John Sloman, Alison Wride, Dean Garratt |
| Autore | Sloman John <1947-> |
| Edizione | [9th ed.] |
| Pubbl/distr/stampa | Harlow, : Pearson, 2015 |
| Descrizione fisica | 1 online resource (xxiv, 833, 18, 3, 23, 33 p.) : col. ill |
| Disciplina | 330 |
| Altri autori (Persone) |
WrideAlison
GarrattDean <1970-> |
| Soggetto topico |
Economics
Macroeconomics Microeconomics |
| ISBN |
9781292064840 (e-book)
9781292064772 (pbk.) |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Contents -- Custom Publishing -- Preface -- Student Resources Flowchart -- Lecturer Resources Flowchart -- Acknowledgements -- Publisher's Acknowledgements -- Part A Introduction -- Why Economics is Good for You -- WHAT IS ECONOMICS? -- PUZZLES AND STORIES -- APPLYING THE PRINCIPLES -- 1 Economics and Economies -- 1.1 WHAT DO ECONOMISTS STUDY? -- BOX 1.1 WHAT'S THE LATEST ECONOMICS NEWS? -- BOX 1.2 LOOKING AT MACROECONOMIC DATA -- BOX 1.3 THE OPPORTUNITY COSTS OF STUDYING -- BOX 1.4 S CARCITY AND ABUNDANCE -- 1.2 DIFFERENT ECONOMIC SYSTEMS -- BOX 1.5 COMMAND ECONOMIES -- BOX 1.6 ADAM SMITH (1723-90) -- 1.3 THE NATURE OF ECONOMIC REASONING -- BOX 1.7 CETERIS PARIBUS -- Part B Foundations of Microeconomics -- 2 Supply and Demand -- 2.1 DEMAND -- BOX 2.1 THE DEMAND FOR LAMB -- 2.2 SUPPLY -- 2.3 PRICE AND OUTPUT DETERMINATION -- BOX 2.2 UK HOUSE PRICES -- BOX 2.3 STOCK MARKET PRICES -- 2.4 THE CONTROL OF PRICES -- BOX 2.4 UNDERGROUND (OR SHADOW) MARKETS -- 3 Markets in Action -- 3.1 ELASTICITY -- BOX 3.1 ADVERTISING AND ITS EFFECT ON DEMAND CURVES -- BOX 3.2 ANY MORE FARES? -- BOX 3.3 USING CALCULUS TO CALCULATE THE PRICE ELASTICITY OF DEMAND -- 3.2 THE TIME DIMENSION -- BOX 3.4 SHORT SELLING -- BOX 3.5 DEALING IN FUTURES MARKETS -- 3.3 INDIRECT TAXES -- BOX 3.6 ASHES TO ASHES? -- 3.4 GOVERNMENT REJECTION OF MARKET ALLOCATION -- 3.5 AGRICULTURE AND AGRICULTURAL POLICY -- BOX 3.7 THE FALLACY OF COMPOSITION -- BOX 3.8 FEED THE WORLD -- Part C Microeconomic Theory -- 4 Background to Demand -- 4.1 MARGINAL UTILITY THEORY -- BOX 4.1 USING CALCULUS TO DERIVE A MARGINAL UTILITY FUNCTION -- BOX 4.2 THE MARGINAL UTILITY REVOLUTION: JEVONS, MENGER, WALRAS -- BOX 4.3 TAKING ACCOUNT OF TIME -- 4.2 INDIFFERENCE ANALYSIS -- BOX 4.4 LOVE AND CARING -- BOX 4.5 CONSUMER THEORY: A FURTHER APPROACH -- 4.3 DEMAND UNDER CONDITIONS OF RISK AND UNCERTAINTY.
BOX 4.6 PROBLEMS WITH INSURANCE MARKETS -- 4.4 BEHAVIOURAL ECONOMICS -- BOX 4.7 NUDGING PEOPLE -- BOX 4.8 IS ECONOMICS THE STUDY OF SELFISH BEHAVIOUR? -- 5 Background to Supply -- 5.1 THE SHORT-RUN THEORY OF PRODUCTION -- BOX 5.1 MALTHUS AND THE DISMAL SCIENCE OF ECONOMICS -- BOX 5.2 DIMINISHING RETURNS IN THE BREAD SHOP -- BOX 5.3 THE RELATIONSHIP BETWEEN AVERAGES AND MARGINALS -- BOX 5.4 THE RELATIONSHIP BETWEEN TPP , MPP AND APP -- 5.2 COSTS IN THE SHORT RUN -- BOX 5.5 THE FALLACY OF USING HISTORIC COSTS -- BOX 5.6 COST CURVES IN PRACTICE -- 5.3 THE LONG-RUN THEORY OF PRODUCTION -- BOX 5.7 THE COBB-DOUGLAS PRODUCTION FUNCTION -- 5.4 COSTS IN THE LONG RUN -- BOX 5.8 MINIMUM EFFICIENT SCALE -- 5.5 REVENUE -- 5.6 PROFIT MAXIMISATION -- BOX 5.9 USING CALCULUS TO FIND THE MAXIMUM PROFIT OUTPUT -- BOX 5.10 THE LOGIC OF LOGISTICS -- 6 Profit Maximising under Perfect Competition and Monopoly -- 6.1 ALTERNATIVE MARKET STRUCTURES -- 6.2 PERFECT COMPETITION -- BOX 6.1 CONCENTRATION RATIOS -- BOX 6.2 IS PERFECT BEST? -- BOX 6.3 E-COMMERCE AND MARKET STRUCTURE -- 6.3 MONOPOLY -- BOX 6.4 BREAKING SKY'S MONOPOLY ON LIVE FOOTBALL COVERAGE -- BOX 6.5 X INEFFICIENCY -- BOX 6.6 CUT-THROAT COMPETITION -- 6.4 THE THEORY OF CONTESTABLE MARKETS -- BOX 6.7 AIRLINE DEREGULATION IN THE USA AND EUROPE -- 7 Profit Maximising under Imperfect Competition -- 7.1 MONOPOLISTIC COMPETITION -- BOX 7.1 SELLING ICE CREAM AS A STUDENT -- 7.2 OLIGOPOLY -- BOX 7.2 INCREASING CONCENTRATION -- BOX 7.3 OPEC -- BOX 7.4 BUYING POWER -- 7.3 GAME THEORY -- BOX 7.5 THE PRISONERS' DILEMMA -- 7.4 PRICE DISCRIMINATION -- BOX 7.6 WHAT'S THE TRAIN FARE TO LONDON? -- BOX 7.7 PEAK-LOAD PRICING -- BOX 7.8 JUST THE TICKET? -- 8 Alternative Theories of the Firm -- 8.1 PROBLEMS WITH TRADITIONAL THEORY -- BOX 8.1 WHAT DO YOU MAXIMISE? -- 8.2 BEHAVIOURAL THEORIES -- BOX 8.2 THE US SUB-PRIME HOUSING CRISIS. 8.3 ALTERNATIVE MAXIMISING THEORIES -- BOX 8.3 WHEN IS A THEORY NOT A THEORY? -- BOX 8.4 ENRON -- BOX 8.5 MERGER ACTIVITY -- 8.4 MULTIPLE AIMS -- BOX 8.6 STAKEHOLDER POWER? -- 8.5 PRICING IN PRACTICE -- BOX 8.7 HOW DO COMPANIES SET PRICES? -- BOX 8.8 HOW FIRMS INCREASE PROFITS BY UNDERSTANDING 'IRRATIONAL' CONSUMERS -- 9 The Theory of Distribution of Income -- 9.1 WAGE DETERMINATION UNDER PERFECT COMPETITION -- BOX 9.1 LABOUR AS A FACTOR OF PRODUCTION -- BOX 9.2 USING INDIFFERENCE CURVE ANALYSIS TO DERIVE THE INDIVIDUAL'S SUPPLY CURVE OF LABOUR -- BOX 9.3 I MMIGRATION AND THE UK LABOUR MARKET -- 9.2 WAGE DETERMINATION IN IMPERFECT MARKETS -- BOX 9.4 LIFE AT THE MILL -- BOX 9.5 THE RISE AND DECLINE OF THE LABOUR MOVEMENT IN THE UK -- BOX 9.6 HOW USEFUL IS MARGINAL PRODUCTIVITY THEORY? -- BOX 9.7 EQUAL PAY FOR EQUAL WORK? -- BOX 9.8 FLEXIBLE LABOUR MARKETS AND THE FLEXIBLE FIRM -- BOX 9.9 BEHAVIOUR AT WORK -- 9.3 CAPITAL AND PROFIT -- BOX 9.10 STOCKS AND FLOWS -- 9.4 LAND AND RENT -- BOX 9.11 THE ECONOMICS OF NON-RENEWABLE RESOURCES -- Part D Microeconomic Policy -- 10 Inequality, Poverty and Policies to Redistribute Income -- 10.1 INEQUALITY AND POVERTY -- BOX 10.1 POVERTY IN THE PAST -- BOX 10.2 MINIMUM WAGE LEGISLATION -- 10.2 TAXES, BENEFITS AND THE REDISTRIBUTION OF INCOME -- BOX 10.3 THE LAFFER CURVE -- BOX 10.4 TAX CUTS AND INCENTIVES -- BOX 10.5 UK TAX CREDITS -- BOX 10.6 REDUCING INEQUALITY -- BOX 10.7 WHAT THE FUTURE HOLDS -- 11 Markets, Efficiency and the Public Interest -- 11.1 EFFICIENCY UNDER PERFECT COMPETITION -- 11.2 THE CASE FOR GOVERNMENT INTERVENTION -- BOX 11.1 THE POLICE AS A PUBLIC SERVICE -- BOX 11.2 A COMMONS SOLUTION -- BOX 11.3 SHOULD HEALTH-CARE PROVISION BE LEFT TO THE MARKET? -- 11.3 FORMS OF GOVERNMENT INTERVENTION -- BOX 11.4 DEADWEIGHT LOSS FROM TAXES ON GOODS AND SERVICES. BOX 11.5 PUTTING THE 'PERSONAL' INTO PUBLIC SERVICES -- 11.4 COST-BENEFIT ANALYSIS -- BOX 11.6 WHAT PRICE A HUMAN LIFE? -- BOX 11.7 HS2: IS IT REALLY WORTH IT? -- 11.5 GOVERNMENT FAILURE AND THE CASE FOR THE MARKET -- BOX 11.8 MISES, HAYEK AND THE MONT PELERIN SOCIETY -- 12 Environmental Policy -- 12.1 ECONOMICS OF THE ENVIRONMENT -- BOX 12.1 A STERN WARNING -- 12.2 POLICIES TO TACKLE POLLUTION AND ITS EFFECTS -- BOX 12.2 GREEN TAXES -- BOX 12.3 ARE WE ALL GREEN NOW? -- BOX 12.4 INTERNATIONAL CO-ORDINATION ON CLIMATE CHANGE -- BOX 12.5 TRADING OUR WAY OUT OF CLIMATE CHANGE -- 12.3 THE ECONOMICS OF TRAFFIC CONGESTION -- 12.4 URBAN TRANSPORT POLICIES -- BOX 12.6 RESTRICTING CAR ACCESS TO ATHENS -- BOX 12.7 ROAD PRICING IN SINGAPORE -- BOX 12.8 THE ECONOMY AND THE ENVIRONMENT -- 13 Government Policy towards Business -- 13.1 COMPETITION POLICY -- BOX 13.1 SQUEAKY CLEAN COMPETITION? -- BOX 13.2 MORE THAN A COINCIDENCE? -- BOX 13.3 BUY NOW, PAY (A GREAT DEAL MORE) LATER -- 13.2 PRIVATISATION AND REGULATION -- BOX 13.4 SELLING POWER TO THE PEOPLE -- Part E Foundations of Macroeconomics -- 14 The National Economy -- 14.1 THE SCOPE OF MACROECONOMICS -- 14.2 THE CIRCULAR FLOW OF INCOME -- 14.3 MEASURING NATIONAL INCOME AND OUTPUT -- BOX 14.1 WHICH COUNTRY IS BETTER OFF? -- BOX 14.2 CAN GDP MEASURE NATIONAL HAPPINESS? -- 14.4 SHORT-TERM ECONOMIC GROWTH AND THE BUSINESS CYCLE -- BOX 14.3 OUTPUT GAPS -- BOX 14.4 IS STABILITY ALWAYS DESIRABLE? -- 14.5 LONG-TERM ECONOMIC GROWTH -- BOX 14.5 THEORIES OF GROWTH -- BOX 14.6 THE COSTS OF ECONOMIC GROWTH -- APPENDIX: CALCULATING GDP -- 15 Macroeconomic Issues and Analysis: An Overview -- 15.1 THE KEY ISSUES: A RECAP -- 15.2 UNEMPLOYMENT -- BOX 15.1 THE COSTS OF UNEMPLOYMENT -- 15.3 AGGREGATE DEMAND AND SUPPLY AND THE LEVEL OF PRICES -- 15.4 INFLATION -- BOX 15.2 COST-PUSH ILLUSION -- BOX 15.3 INFLATION OR DEFLATION?. BOX 15.4 THE PHILLIPS CURVE -- 15.5 THE BALANCE OF PAYMENTS AND EXCHANGE RATES -- BOX 15.5 DEALING IN FOREIGN EXCHANGE -- 16 Macroeconomic Issues, Debates and Controversies -- 16.1 THE MACROECONOMIC ENVIRONMENT AND DEBATES -- 16.2 SETTING THE SCENE: FOUR KEY CONTROVERSIES -- 16.3 CLASSICAL MACROECONOMICS -- BOX 16.1 BALANCE THE BUDGET AT ALL COSTS -- BOX 16.2 THE CROWDING-OUT EFFECT -- 16.4 THE KEYNESIAN REVOLUTION -- BOX 16.3 WILL WAGE CUTS CURE UNEMPLOYMENT? -- 16.5 THE RISE OF THE MONETARIST AND NEW CLASSICAL SCHOOLS -- 16.6 THE KEYNESIAN RESPONSE -- 16.7 AN EMERGING CONSENSUS UP TO THE CRISIS OF 2008 -- 16.8 THE FINANCIAL CRISIS AND THE SEARCH FOR A NEW CONSENSUS -- BOX 16.4 THE PARADOX OF THRIFT -- Part F Macroeconomic Models, Theories and Policy -- 17 Short-run Macroeconomic Equilibrium -- 17.1 BACKGROUND TO THE THEORY -- BOX 17.1 USING CALCULUS TO DERIVE THE MPC -- BOX 17.2 THE HOUSEHOLD SECTOR BALANCE SHEETS -- BOX 17.3 SENTIMENT AND SPENDING -- 17.2 THE DETERMINATION OF NATIONAL INCOME -- BOX 17.4 DERIVING THE MULTIPLIER FORMULA -- 17.3 THE SIMPLE KEYNESIAN ANALYSIS OF UNEMPLOYMENT AND INFLATION -- 17.4 THE KEYNESIAN ANALYSIS OF THE BUSINESS CYCLE -- BOX 17.5 HAS THERE BEEN AN ACCELERATOR EFFECT IN THE UK? -- 18 Banking, Money and Interest Rates -- 18.1 THE MEANING AND FUNCTIONS OF MONEY -- BOX 18.1 MONEY SUPPLY, NATIONAL INCOME AND NATIONAL WEALTH -- 18.2 THE FINANCIAL SYSTEM -- BOX 18.2 THE GROWTH OF BANKS' BALANCE SHEETS -- BOX 18.3 THE RISE OF SECURITISATION -- 18.3 THE SUPPLY OF MONEY -- BOX 18.4 UK AND EUROZONE MONETARY AGGREGATES -- BOX 18.5 CALCULATING THE MONEY MULTIPLIER -- BOX 18.6 CREDIT, THE MONEY SUPPLY AND MINSKY'S FINANCIAL INSTABILITY HYPOTHESIS -- 18.4 THE DEMAND FOR MONEY -- 18.5 EQUILIBRIUM -- 19 The Relationship between the Money and Goods Markets -- 19.1 THE EFFECTS OF MONETARY CHANGES ON NATIONAL INCOME. BOX 19.1 CHOOSING THE EXCHANGE RATE OR THE MONEY SUPPLY. |
| Record Nr. | UNINA-9910154781503321 |
Sloman John <1947->
|
||
| Harlow, : Pearson, 2015 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
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Essentials of economics / / John Sloman, Dean Garratt
| Essentials of economics / / John Sloman, Dean Garratt |
| Autore | Sloman John <1947-> |
| Edizione | [Seventh edition.] |
| Pubbl/distr/stampa | Harlow, England : , : Pearson, , [2016] |
| Descrizione fisica | 1 online resource (475 ages) : color illustrations, photographs |
| Disciplina | 330 |
| Collana | Always learning |
| Soggetto topico | Economics |
| ISBN | 1-292-08232-1 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Title Page -- Copyright Page -- About the authors -- Brief contents -- Detailed contents -- Custom publishing -- Student and lecturer resources -- Preface -- Acknowledgements -- Publisher's acknowledgements -- Part A INTRODUCTION -- 1 Economic issues -- 1.1 Engaging with economics -- An island economy -- Economic puzzles and issues -- 1.2 The economic problem -- The problem of scarcity -- Demand and supply -- 1.3 Dividing up the subject -- Macroeconomics -- Microeconomics -- 1.4 Modelling economic relationships -- The production possibility curve -- The circular flow of goods and incomes -- Techniques of analysis -- 1.5 Economic systems -- The command economy -- The free-market economy -- The mixed market economy -- chapter 1 Boxes -- 1.1 Macroeconomic issues: An historical perspective -- 1.2 The opportunity costs of studying economics: What are you sacrificing? -- 1.3 Command economies: Rise and fall of planning -- 1.4 Affording the mixed economy: The sovereign debt crisis of the early 2010s -- Part B MICROECONOMICS -- 2 Markets, demand and supply -- 2.1 Demand -- The relationship between demand and price -- The demand curve -- Other determinants of demand -- Movements along and shifts in the demand curve -- Utility and the demand curve -- 2.2 Supply -- Supply and price -- The supply curve -- Other determinants of supply -- Movements along and shifts in the supply curve -- 2.3 The determination of price -- Equilibrium price and output -- Movement to a new equilibrium -- 2.4 The free-market economy -- Advantages of a free-market economy -- Problems with a free-market economy -- 2.5 Behavioural economics -- What is behavioural economics? -- Explaining 'irrational' consumer choices -- Relevance to economic policy -- Chapter 2 Boxes -- 2.1 Satisfaction and the rational consumer: Consumer surplus and 'benefit drivers'.
2.2 UK house prices: From raising the roof to falling through the floor -- 2.3 Stock market prices: Demand and supply in action -- 2.4 Commodity prices: Riding the commodities Big Dipper? -- 2.5 Nudging people: How to change behaviour -- 3 Markets in action -- 3.1 Price elasticity of demand -- Measuring the price elasticity of demand -- Interpreting the figure for elasticity -- Determinants of price elasticity of demand -- 3.2 Price elasticity of demand and consumer expenditure -- 3.3 Price elasticity of supply (Pe) -- The determinants of price elasticity of supply -- 3.4 Other elasticities -- Income elasticity of demand -- Cross-price elasticity of demand -- 3.5 Markets and adjustment over time -- Short-run and long-run adjustment -- Price expectations and speculation -- 3.6 Uncertainty and risk -- Responding to risk and uncertainty -- 3.7 Markets where prices are controlled -- Setting a minimum (high) price -- Setting a maximum (low) price -- Chapter 3 Boxes -- 3.1 The measurement of elasticity -- 3.2 Advertising and its effect on demand curves: How to increase sales and price -- 3.3 Short selling: Gambling on a fall in share prices -- 3.4 Problems with insurance markets: Adverse selection and moral hazard -- 3.5 Agriculture and minimum prices: A problem of surpluses -- 3.6 The effect of imposing taxes on goods: Who ends up paying? -- 4 The supply decision -- 4.1 Production and costs: short run -- Short-run and long-run changes in production -- Production in the short run: the law of diminishing returns -- Measuring costs of production -- Costs and output -- 4.2 Production and costs: long run -- The scale of production -- Long-run average cost -- The relationship between long-run and short-run average cost curves -- Long-run cost curves in practice -- Postscript: decision making in different time periods -- 4.3 Revenue. Total, average and marginal revenue -- Average and marginal revenue curves when price is not affected by the firm's output -- Average and marginal revenue curves when price varies with output -- Shifts in revenue curves -- 4.4 Profit maximisation -- Some qualifications -- 4.5 Problems with traditional theory -- Explaining actual producer behaviour -- Chapter 4 Boxes -- 4.1 Diminishing returns in the bread shop: Is the baker using his loaf? -- 4.2 Malthus and the dismal science of economics: Population growth + diminishing returns = starvation -- 4.3 The relationship between averages and marginals -- 4.4 Costs and the economic vulnerability of firms: -- The behaviour of costs and firms' financial well-being -- 4.5 Minimum efficient scale: The extent of economies of scale in practice -- 4.6 The logic of logistics: Driving up profits -- 5 Market structures -- 5.1 The degree of competition -- 5.2 Perfect competition -- Assumptions -- The short-run equilibrium of the firm -- The short-run supply curve -- The long-run equilibrium of the firm -- 5.3 Monopoly -- What is a monopoly? -- Barriers to entry -- Equilibrium price and output -- Monopoly versus perfect competition: which best serves the public interest? -- Potential competition or potential monopoly? The theory of contestable markets -- 5.4 Monopolistic competition -- Assumptions -- Equilibrium of the firm -- Non-price competition -- Monopolistic competition and the public interest -- 5.5 Oligopoly -- The two key features of oligopoly -- Competition and collusion -- Collusive oligopoly -- Non-collusive oligopoly: the breakdown of collusion -- Non-collusive oligopoly: assumptions about rivals' behaviour -- Oligopoly and the consumer -- 5.6 Game theory -- Single-move games -- Multi-move games -- 5.7 Price discrimination -- Advantages to the firm -- Price discrimination and the consumer. Chapter 5 Boxes -- 5.1 E-commerce: A return of power to the people? -- 5.2 Breaking sky's monopoly on live premier league football: The sky is the limit for the English Premier League -- 5.3 OPEC - the rise and fall and rise again of a cartel: The history of the world's most famous cartel -- 5.4 The power of oligopoly: Energising competition in the UK energy sector -- 5.5 The prisoners' dilemma -- 5.6 Profit-maximising prices and output for a third-degree price discriminating firm: Identifying different prices in different markets -- 6 Wages and the distribution of income -- 6.1 Wage determination in a perfect market -- Perfect labour markets -- The supply of labour -- The demand for labour: the marginal productivity theory -- Wages and profits under perfect competition -- 6.2 Wage determination in imperfect markets -- Firms with power -- The role of trade unions -- Bilateral monopoly -- The efficiency wage hypothesis -- 6.3 Inequality -- Types of inequality -- Measuring the size distribution of income -- The functional distribution of income -- The distribution of wealth -- Causes of inequality -- 6.4 The redistribution of income -- Taxation -- Benefits -- The tax/benefit system and the problem of disincentives: the 'poverty trap' -- Chapter 6 Boxes -- 6.1 Labour market trends: Patterns in employment -- 6.2 Wages under bilateral monopoly: All to play for? -- 6.3 Equal pay for equal work? Wage inequalities between men and women -- 6.4 Minimum wage legislation: A way of helping the poor? -- 6.5 Inequality and economic growth: Macroeconomic implications of income inequality -- 6.6 UK tax credits: An escape from the poverty trap? -- 7 Market failures and government policy -- 7.1 Social efficiency -- 7.2 Market failures: externalities and public goods -- Externalities -- Public goods -- 7.3 Market failures: monopoly power. Deadweight loss under monopoly -- Conclusions -- 7.4 other market failures -- Ignorance and uncertainty -- Protecting people's interests -- The principal-agent problem -- Immobility of factors and time lags in response -- Macroeconomic goals -- How far can economists go in advising governments? -- 7.5 Government intervention: taxes and subsidies -- The use of taxes and subsidies -- Advantages of taxes and subsidies -- Disadvantages of taxes and subsidies -- 7.6 Government intervention: laws and regulation -- Laws prohibiting or regulating undesirable structures or behaviour -- Regulatory bodies -- 7.7 other forms of government intervention -- Changes in property rights -- Provision of information -- The direct provision of goods and services -- Nationalisation and privatisation -- 7.8 More or less intervention? -- Drawbacks of government intervention -- Advantages of the free market -- Should there be more or less intervention in the market? -- 7.9 The environment: a case study in market failure -- The environmental problem -- Market failures -- Policy alternatives -- How much can we rely on governments? -- Chapter 7 Boxes -- 7.1 The tragedy of the commons: The depletion of common resources -- 7.2 Should health-care provision be left to the market? A case of multiple market failures -- 7.3 Green taxes: Their growing popularity in the industrialised world -- 7.4 Trading our way out of climate change: The EU carbon trading system -- 7.5 The problem of urban traffic congestion: Does Singapore have the answer? -- Part C MACROECONOMICS -- 8 Aggregate demand and the national economy -- 8.1 Introduction to macroeconomics -- Key macroeconomic issues -- Government macroeconomic policy -- 8.2 The circular flow of income model -- The inner flow, withdrawals and injections -- The relationship between withdrawals and injections. The circular flow of income and the key macroeconomic objectives. |
| Record Nr. | UNINA-9910154957103321 |
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Sloman John <1947->
|
||
| Harlow, England : , : Pearson, , [2016] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||