ECONOMICS

CONTENTS

PART 1: INTRODUCTION
1. ECONOMICS AND THE ECONOMY 
2. TOOLS OF ECONOMIC ANALYSIS 
PART 2: POSITIVE MICROECONOMICS
3. DEMAND, SUPPLY AND THE MARKET 
4. ELASTICITIES OF DEMAND AND SUPPLY 
5. CONSUMER CHOICE AND DEMAND DECISIONS 
6. CHOICE UNDER UNCERTAINTY AND BEHAVIOURAL ECONOMICS 
7. INTRODUCING SUPPLY DECISION 
8. PRODUCTION, COSTS AND SUPPLY 
9. PERFECT COMPETITION AND PURE MONOPOLY 
10. MARKET STRUCTURE AND IMPERFECT COMPETITION
11. LABOUR MARKET 
12. FACTOR MARKETS, INCOME DISTRIBUTION, AND INEQUALITY 
13. THE ECONOMICS OF INFORMATION 
PART 3: WELFARE ECONOMICS
14. WELFARE ECONOMICS 
15. GOVERNMENT SPENDING AND REVENUE 
16. GOVERNING THE MARKET 
PART 4: MACROECONOMICS
17. INTRODUCTION TO MACROECONOMICS 
18. SUPPLY-SIDE ECONOMICS AND ECONOMIC GROWTH 
19. OUTPUT AND AGGREGATE DEMAND 
20. FISCAL POLICY AND FOREIGN TRADE 
21. MONEY, BANKING AND FINANCIAL MARKETS 
22. MONEY DEMAND, INTEREST RATES AND MONETARY TRANSMISSION 
23. MONETARY AND FISCAL POLICY 
24. AGGREGATE SUPPLY, PRICES AND ADJUSTMENT TO SHOCKS 
25. INFLATION, EXPECTATIONS AND CREDIBILITY 
26. UNEMPLOYMENT 
27. EXCHANGE RATES AND THE BALANCE OF PAYMENTS 
28. OPEN ECONOMY MACROECONOMICS 
29. BUSINESS CYCLES 
PART 5: THE WORLD ECONOMY
30. INTERNATIONAL TRADE 
31. EXCHANGE RATE REGIMES 
32. GLOBALIZATION, NATIONAL SOVEREIGNTY AND THE WORLD ECONOMY