Author(s): Brian Duignan (ed)
Series: Economics: Taking the Mystery out of Money
Publisher: Britannica Educational Publishing, Rosen Educational Services
Year: 2013
Language: English
Pages: 142
City: New York
Contents......Page 5
Introduction......Page 8
Chapter 1: Nature and Scope of Economics......Page 16
Market......Page 20
The Unintended Effects of Markets......Page 21
Construction of a System......Page 22
Marxism......Page 24
The Marginalists......Page 27
The Critics......Page 30
Keynesian Economics......Page 33
Developments After World War II......Page 35
Econometrics......Page 37
Chapter 3: Methods of Economics......Page 39
Methods of Inference......Page 41
Testing Theories......Page 42
Macroeconomics......Page 50
Theory of Choice......Page 45
Theory of Allocation......Page 48
Neoclassical Economics......Page 52
Monetarism......Page 53
Money......Page 56
Growth and Development......Page 58
Public Finance......Page 60
International Economics......Page 63
Labour......Page 64
Industrial Organization......Page 66
Antitrust Law......Page 68
Law and Economics......Page 69
Information Economics......Page 72
Financial Economics......Page 73
Other Fields......Page 74
Chapter 5: Premarket Economic Systems......Page 79
Prehistoric and Preliterate Economic Systems......Page 83
Centralized States......Page 85
Preconditions for Market Society......Page 88
Feudalism......Page 92
From Mercantilism to Commercial Capitalism......Page 93
From Commercial to Industrial Capitalism......Page 97
Factory System......Page 102
From Industrial to State Capitalism......Page 103
The Unreliability of Growth......Page 108
The Quality of Growth......Page 110
Equity......Page 111
Distribution of Wealth and Income......Page 113
Corrective Measures......Page 114
Chapter 8: Centrally Planned Systems......Page 118
Soviet Planning......Page 121
Mikhail Gorbachev......Page 125
Problems with Socialism......Page 126
Conclusion......Page 129
Glossary......Page 131
Bibliography......Page 134
Index......Page 137
Back Cover......Page 142
