MANKIW, N. GREGORY TAYLOR, MARK P.

ECONOMICS - 4th ed. - Delhi Cengage 2017 - 805p.

https://www.cengage.co.in/category/higher-education/business-economics/economics/economic-principles/economics-5r

Now firmly established as one of the leading economics principles texts in the UK and Europe, this exciting new fourth edition of Economics by N. Gregory Mankiw (Harvard University) and Mark P. Taylor (Washington University), has been fully updated. New topics have been added in including theories on, for example, Marxist and Feminist theories on labour giving wider context to economic issues. A new chapter on Issues in Financial markets has been added covering the financial crisis and its causes and the final chapter has been updated to reflect the post-crisis world and how theories of the crisis have emerged.

Part 1 Introduction to Economics

1 What is economics?

2 Thinking like an economist

Part 2 Supply and Demand: How markets work

3 The market forces of supply and demand

4 Elasticity and its applications

5 Background to demand: Consumer choices

6 Background to supply: Firms in competitive markets

Part 3 Markets, efficiency and welfare

7 Consumers, producers and the efficiency of markets

8 Supply, demand and government policies

Part 4 The economics of the public sector

9 The tax system

Part 5 Inefficient market allocations

10 Public goods, common resources and merit goods

11 Market failure and externalities

12 Information and behavioural economics

Part 6 Firm behaviour and market structures

13 Firms’ production decisions

14 Market structures I: Monopoly

15 Market structures II: Monopolistic competition

16 Market structures III: Oligopoly

Part 7 Factor markets

17 The economics of factor markets

Part 8 Inequality

18 Income inequality and poverty

Part 9 Trade

19 Interdependence and the gains from trade

Macroeconomics prologue

Part 10 The data of macroeconomics

20 Measuring a nation’s well-being

21 Measuring the cost of living

Part 11 The real economy in the long run

22 Production and growth

23 Unemployment

Part 12 Interest rates, money and prices in the long run

24 Saving, investment and the financial system

25 The basic tools of finance

26 Issues in Financial Markets

27 The monetary system

28 Money growth and inflation

Part 13 The macroeconomics of open economies

29 Open-economy macroeconomics: Basic concepts

30 A macroeconomic theory of the open economy

Part 14 Short-run economic fluctuations

31 Business cycles

32 Keynesian economics and IS-LM analysis

33 Aggregate demand and aggregate supply

34 The influence of monetary and fiscal policy on aggregate demand

35 The short-run trade-off between inflation and unemployment

36 Supply-side policies

Part 15 International macroeconomics

37 Common currency areas and European monetary union

38 The financial crisis and sovereign debt

List of formulas

9789353501334


Economics
Supply and demand
Economy

330 MAN/E