Mastering Economics
5th Edition
Published on 19. October 1999
Book
Paperback/Softback
XVI, 404 pages
978-0-333-77924-8 (ISBN)
Description
The fifth edition of Mastering Economics has been completely revised and updated. It takes the student through the strengths and weaknesses of the market economy, the role of the government in the economy and the UK's relationship with the European Union especially with regard to adopting the single currency. Care has been taken in selecting and explaining such economic theory considered essential to policy decisions. Each chapter is introduced with a summary of objectives and ends with self-test questions with answers given at the end of the book.
More details
Series
Edition
5th ed. 1999
Language
English
Place of publication
London
United Kingdom
Publishing group
Bloomsbury Publishing PLC
Target group
College/higher education
Adult education
Dimensions
Height: 234 mm
Width: 156 mm
Thickness: 23 mm
Weight
641 gr
ISBN-13
978-0-333-77924-8 (9780333779248)
Schweitzer Classification
Other editions
Previous edition
J. Harvey
Mastering Economics
Book
06/1994
4th Edition
Palgrave Macmillan
€12.37
Article exhausted; check for reprint
Person
JACK HARVEY has taught economics at all levels during his long career. His other books include Modern Economics and Urban Land Economics. With his son and daughter he now runs a large dairy and sheep farm in Hampshire.
Content
PART 1: INTRODUCTION.- Solving the Problem of Scarcity.- PART 2: PRIVATE-SECTOR PRODUCTION.- The Operation of the Market Economy.- Demand.- Supply (i) The Structure of Industry.- Supply (ii) Costs and Profitability.- PART 3: FACTORS OF PRODUCTION AND THEIR REWARD.- The Determination of Factor Rewards.- Labour and Wages.- Capital, Land and Entrepreneurship.- PART 4: THE GOVERNMENT AND THE ALLOCATION OF RESOURCES.- Making the Most of Limited Resources.- Monopoly and Imperfect Competition.- The Provision of Goods and Services by the Public Sector.- PART 5: THE ENVIRONMENT.- Externalities and Cost-Benefit Analysis.- Protecting the Environment.- PART 6: MONEY AND FINANCIAL INSTITUTIONS.- Money and Financial Markets.- Clearing Banks.- The Bank of England.- ART 7: THE GOVERNMENT'S OVERALL MANAGEMENT OF THE ECONOMY.- Outline of Government Management Policy.- Measuring the Level of Activity: National Income Calculations.- Unemployment.- The Level of Output and Aggregate Demand: the Keynesian Explanation.- The Relationship of the Price Level and the Level of Employment.- Government Policy to Control Inflation.- Balanced Regional Development.- Economic Growth.- Public Finance.- PART 8: INTERNATIONAL TRADE.- The Nature of International Trade.- Foreign Currency Exchange Rates.- Balance of Payments Stability.- The European Union.