An Introduction to the Market System

This non-technical introduction to economics is designed specifically to help non-professionals understand the economic setting in which they will play out their lives. It emphasizes the operation of the economy as a system, so that contemporary problems are examined in the broader context of the system that gives rise to them -- increasingly a market-oriented system for many nations.

List of contents

About Economics 1. Economists’ Methods 2. Why Are There Economic Systems? 3. The Emergence of the Market System 4. The Market System ’s Institutions 5. The Perfectly Competitive Market System: What to Produce 6. The Perfectly Competitive Market System: How and For Whom to Produce 7. Other Market Structures: Imperfect Competition 8. Our Labor Markets 9. For Whom Are We Producing? 10. The Role of Government in the Market System 11. World Markets: International Trade 12. Economic Development in the Developing and Transitional Economies 13. Measuring the Nation’s Income and Gross Domestic Product Business Cycles 14. Recessions, Inflation, and Economic Growth 15. Stabilizing the Market Economy: Fiscal Policy 16. Stabilizing the Market Economy: Monetary Policy

About the author

Goldberg, Kalman

Product details

• Authors: Kalman Goldberg, Goldberg Kalman
• Publisher: Taylor and Francis
• Languages: English
• Product format: Hardback
• Released: 31.12.1999
• EAN: 9780765605078
• ISBN: 978-0-7656-0507-8
• No. of pages: 480
• Weight: 453 g
• Subjects: Social sciences, law, business > Business > Economics; USA, BUSINESS & ECONOMICS / Economics / General, United States of America, USA, Economic systems and structures, Economic systems & structures