TY - BOOK AU - Lipsey, Richard G. AU - Chrystal, K. Alec, TI - Economics SN - 9780199563388 AV - HB171 .L715 2007 PY - 2007/// CY - New York PB - Oxford KW - economics N1 - Includes bibliographical references (p. [652]) and index; Economic issues and concepts -- How economists work -- Demand, supply, and price -- Elasticity of demand and supply -- Consumer choice : indifference theory -- the cost structure of firms -- Perfect competition -- Monopoly -- Imperfect competition -- Demand and supply of inputs -- The labour market -- Capital, investment, and new technology -- Market failure -- The role of government -- Macroeconomic issues and measurement -- A basic model of the determination of GDP in the short term -- GDP in an open economy with government -- GDP and the price level in the short run -- GDP and the price level in the long run -- Money and monetary institutions -- The role of money in macroeconomics -- The balance of payments and exchange rates -- Macroeconomic policy in an open economy -- Inflation -- unemployment -- Economic growth -- International trade ER -