000 01752nam a22001817a 4500
999 _c1525
_d1525
020 _a0070455902
022 _a 9780070455900
050 _aHB171.5
100 _aWilliam B. Walstad
110 _aRobert C. Bingham
245 _aStudy guide to accompany McConnell and Brue twelfth edition economics/
_cWilliam B. Walstad, Robert C. Bingham.
250 _a12th ed.
260 _aNew York :
_bMcGraw-Hill,
_c©1993.
300 _axii, 509 pages ;
_bill.
_c 26 cm
505 _aThe nature and method of economics; the economizing problem; pure capitalism and the circular flow; understanding individual markets - supply and demand; the private sectors and the market system; the public sector; measuring national output, national income and the price level; macroeconomic instability - unemployment and inflation; aggregate demand and aggregate supply; classical and Keynesian theories of unemployment; equilibrium domestic output in the Keynesian model; fiscal policy; money and banking; how banks create money; the Federal Reserve Banks and monetary policy; alternative views - monetarism and rational expectations; the inflation-unemployment relationship; budget deficits and the public debt; economic growth; demand, supply and elasticity; consumer behaviour and utility maximization; the costs of production; price and output determination - pure competition, pure monopoly, monopolistic competition; oligopoly; production and the demand for economic resources; the pricing and employment of resources - wage determinaiton, rent, interest and profits; general equilibrium - the market system and its operation; government and current economic problems; international economics and the world economy.
700 _aRobert C. Bingham
942 _cBK