TY - BOOK AU - William B Walstad TI - Study guide to accompany McConnell and Brue economics SN - 0072898372 SN - 978007289 AV - HB171.5 PY - 1999/// CY - Boston : PB - Irwin N1 - Includes index ; pt. 1 AN INTRODUCTION TO ECONOMICS AND THE ECONOMY -- The nature and method of economics; the economizing problem; individual markets -- supply and demand; the market system; the US economy -- private and public sectors; the United States in the global economy -- pt. 2 NATIONAL INCOME, EMPLOYMENT AND FISCAL POLICY -- Measuring domestic output, national income and the price level; introduction to economic growth, unemployment and inflation; building the aggregate expenditures model; aggregate expenditures -- the multiplier, net exports and government; aggregate demand and aggregate supply; fiscal policy -- pt. 3 MONEY, BANKING AND MONETARY POLICY – Pt. 4 PROBLEMS AND CONTROVERSIES IN MACROECONOMICS- pt. 5 MICROECONOMICS OF PRODUCT MARKETS -- Demand and supply -- elasticity and government-set prices; consumer behaviour and utility maximization; the costs of production; pure competition; pure monopoly; monopolistic competiton and oligopoly; technology, R & D and efficiency -- 6 MICROECONOMICS OF RESOURCE MARKETS -- The demand for resources; wage determination; rent, interest and profits -- pt. 7 MICROECONOMICS OF GOVERNMENT -- Government and market failure; public choice theory and the economics of taxation -- pt. 8 MICROECONOMIC ISSUES AND POLICIES -- Antitrust, regulation and industrial policy; agriculture -- economics and policy; income inequality and poverty; labour market issues -- unionism, discrimination, immigration; the economics of health care -- pt. 9 INTERNATIONAL ECONOMICS AND THE WORLD ECONOMY -- International trade; exchange rates, balance of payments and trade deficits; the developing economies -- WEB BONUS CHAPTER -- TRANSITION ECONOMIES : RUSSIA AND CHINA [see URL below]. ER -