Principles of Economics: Scarcity and Social Provisioning (3rd Ed.)
About This Book
1.1 – Introduction to Welcome to Economics Understanding Economies The image above is of a shipping yard. You may never have visited one, but they’re everywhere. They’re part of the vast network of economic relationships that take from us our time and our energy, but also deliver to us our sustenance and enjoyment. The 21st century world economy is truly a marvel, generating in 2020 about 85,110,000,000 US dollars of output, according to the World Bank. Despite this material prosperity, the worl
| Category | business |
|---|---|
| Subject | Economics |
| Year | 2023 |
| Authors | |
| Chapters | 58 |
| Word Count | |
| Price | |
| License | Creative Commons - Attribution - https://creativecommons.org/licenses/by/4.0/ |
Chapters
- 1.2 – What is Economics?
- 1.3 – Microeconomics and Macroeconomics
- 1.4 – Basic Features of Capitalism
- 1.5 – The Rise of Globalization
- 2.1 – Introduction to Choice in a World of Scarcity
- 2.4 – The Production Possibilities Frontier and Social Choices
- 2.5 – Confronting Objections to the Orthodox Economic Approach
- 4.2 – An Introduction to Ontology
- 4.3 – An Introduction to Epistemology
- 4.4 – An Introduction to Axiology
- 5.3 – Adjusting Nominal Values to Real Values
- 8.2 – Tracking Inflation
- 8.4 – How the U.S. and Other Countries Experience Inflation
- 8.6 – Indexing and Its Limitations
- 9.3 – Trade Balances in Historical and International Context
- 10.1 – Introduction to the Aggregate Demand–Aggregate Supply Model
- 10.3 – Shifts in Aggregate Supply and Demand
- 11.1 – Introduction to Orthodox Macroeconomic Perspectives
- 11.3 – Orthodox Economics and The Neoclassical (New-Keynesian) Synthesis
- 12.1 – Introduction to a Heterodox Macroeconomic Perspective
- 12.2 – A Review of the Orthodox Wage and Price Adjustment Story
- 12.3 – A Heterodox Macroeconomic Perspective
- 13.1 – Introduction to Macroeconomic Viability and the Corn Model
- 13.3 – The Corn Model: Simple Reproduction
- 13.4 – The Corn Model: Production with a Surplus
- 14.1 – Introduction to The Surplus and the Price Level
- 14.3 – Intersectoral Struggles over the Surplus
- 14.6 – Price Cyclicality, WW II to 1983
- 15.4 – Federal Deficits and the National Debt
- 16.1 – Introduction to Financial Markets
- 17.1 – Introduction to Money and Banking
- 19.3 – How Government Borrowing Affects Investment and the Trade Balance
- 20.2 – Money’s Origin Stories
- 20.3 – Money and the Macroeconomy
- 20.4 – Micro Monetary Systems: A Comparison of Design Features
- 26.1 – Introduction to An Institutional Analysis of Modern Consumption
- 26.3 – Conspicuous Consumption
- 26.5 – Conclusion
- 27.1 – Introduction to Cost Assumptions for Profit Maximizing Firms
- 27.2 – Explicit and Implicit Costs, and Accounting and Economic Profit
- 32.3 – Costing and Going Concerns
- 33.1 – Introduction to the Megacorp
- 33.2 – The Imperatives of Technology
- 33.3 – Business Models, Plural: Aims and Methods of the Megacorp
- 33.5 – The High Price of College Textbooks
- 35.5 – The Social Waste of Capitalism
- 36.1 – Introduction to Environmental Protection and Negative Externalities
- 36.7 – The Tradeoff between Economic Output and Environmental Protection
- 37.3 – How Governments Can Encourage Innovation
- 38.2 – Drawing the Poverty Line
- 38.4 – The Safety Net
- 39.1 – Introduction to the Orthodox Theory of Labor Markets
- 39.5 – Bilateral Monopoly
- 40.1 – Introduction to Heterodox Perspectives on Work and Income
- 40.2 – Labor Productivity and Income, Post-WWII
- 43.4 – Intra-industry Trade between Similar Economies
- 44.3 – Demand and Supply Shifts in Foreign Exchange Markets
- 46.1 – Introduction to Globalization and Trade from a Pluralistic Perspective