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Year: 2,012
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Edition: 3rd
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Pages: 1,200
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Pages In File: 1,158
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Language: English
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Topic: 305
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Library: Avaxhome
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Identifier: 1429251638,9781429251631
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Org File Size: 37,121,085
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Extension: pdf
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Tags:
Финансово-экономические дисциплины
Экономика
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Toc: Cover Page......Page 1 Title Page......Page 5 Copyright......Page 6 Dedication......Page 7 ABOUT THE AUTHORS......Page 9 BRIEF CONTENTS......Page 11 CONTENTS......Page 13 Preface......Page 27 ANY GIVEN SUNDAY......Page 51 The Invisible Hand......Page 52 Good Times, Bad Times......Page 53 In Engine for Discovery......Page 54 COMMON GROUND......Page 55 Principle #1: Choices are necessary because resources are scarce......Page 56 Principle #2: The true cost of something is its opportunity cost......Page 57 Principle #3: “How much” is a decision at the margin......Page 58 Principle #4: People usually respond to incentives, exploiting opportunities to make themselves better off......Page 59 ECONOMICS IN ACTION Boy or Girl? It Depends on the Cost......Page 60 Interaction: How Economies Work......Page 61 Principle #5: There are gains from trade......Page 62 Principle #6: Markets move toward equilibrium......Page 63 Principle #7: Resources should be used efficiently to achieve society’s goals......Page 64 Principle #8: Markets usually lead to efficiency......Page 65 Principle #9: When markets don’t achieve efficiency, government intervention can improve society’s welfare......Page 66 ECONOMICS IN ACTION Restoring Equilibrium on the Freeways......Page 67 Principle #11: Overall spending sometimes gets out of line with the economy’s productive capacity......Page 68 ECONOMICS IN ACTION Adventures in Babysitting......Page 69 BUSINESS CASE: How Priceline.com Revolutionized the Travel Industry......Page 71 FROM KITTY HAWK TO DREAMLINER......Page 75 Models in Economics: Some Important Examples......Page 76 Trade-offs: The production possibility frontier......Page 77 Comparative advantage and gains from trade......Page 83 Comparative advantage and international trade, in reality......Page 86 Transactions: The circular-flow diagram......Page 87 ECONOMICS IN ACTION Rich Nation, Poor Nation......Page 89 Positive versus normative economics......Page 90 When and why economists disagree......Page 91 ECONOMICS