- Subjects
- Published
-
New York, NY :
DK
2024.
- Language
- English
- Other Authors
- Edition
- First American edition
- Physical Description
- 223 pages : color illustrations ; 24 cm
- Bibliography
- Includes index.
- ISBN
- 9780744098532
- Introduction
- Fundamentals of Economics
- What is economics?
- Scarcity
- Utility
- Rational choice
- Marginalism
- Opportunity cost
- Specialization
- Factors of production
- Transaction costs
- Property rights
- Economic systems
- Markets
- How markets fail
- Microeconomics
- The consumer
- The firm
- Supply and demand
- Elasticity
- Production costs
- Economies of scale and scope
- Markets and industries
- Labor markets
- "Perfect" competition
- Monopolies
- Oligopoly
- Monopolistic competition
- Antitrust laws
- External costs
- Tragedy of the commons
- Public goods
- Asymmetric information
- Incentivizing production
- Time preference
- Economics of information
- Network effects
- Macroeconomics
- The circular flow
- Economic indicators
- Gross domestic product
- Economic growth
- Savings and investments
- Recession
- Inflation
- Unemployment and labor
- The Phillips curve
- Aggregate supply and aggregate demand
- Market equilibrium
- Expectations
- The role of government
- Fiscal policy
- Government borrowing
- Monetary policy
- The role of banks
- The financial sector
- Financial crashes
- Inequality
- Schools of Economic Thought
- Classical and neoclassical economics
- Keynesian economics
- Post-Keynesian economics
- Marxian economics
- Schumpeterian economics
- Institutional economics
- The Austrian School
- Neoliberalism
- Environmental economics
- Well-being economics
- Behavioral economics
- Complexity and chaos
- Feminist economics
- International Trade
- Why do nations trade?
- Balance of trade
- Absolute and comparative advantage
- Trade blocs
- Free trade
- Gravity models
- Trade restrictions
- Trade tariffs
- Development economics
- Trade and development
- Ethical trade
- The foreign sector
- Global trade oragnizations
- Finance
- Money
- Borrowing and saving
- Business investment
- Financial instruments
- Financial markets
- Risk
- Stock prices
- Efficient market hypothesis
- Behavioral finance
- Economic bubbles
- Optimal portfolios
- Bond markets
- Derivatives
- Capital structure
- Private equity and venture capital
- Currency exchanges
- Cryptocurrency
- Index
- Acknowledgments