Economics Problem Solver (Problem Solvers Solution Guides)

ISBN: 0878915249

Author: Rycroft, Robert S.

Condition: Used

Each Problem Solver is an insightful and essential study and solution guide chock-full of clear, concise problem-solving gems. All your questions can be found in one convenient source from one of the most trusted names in reference solution guides. More useful, more practical, and more informative, these study aids are the best review books and textbook companions available. Nothing remotely as comprehensive or as helpful exists in their subject anywhere. Perfect for undergraduate and graduate studies.Here in this highly useful reference is the finest overview of economics currently available, with hundreds of economics problems that cover everything from fundamental economic concepts to the capitalist economy and business cycles. Each problem is clearly solved with step-by-step detailed solutions.DETAILS- The PROBLEM SOLVERS are unique - the ultimate in study guides.- They are ideal for helping students cope with the toughest subjects.- They greatly simplify study and learning tasks.- They enable students to come to grips with difficult problems by showing them the way, step-by-step, toward solving problems. As a result, they save hours of frustration and time spent on groping for answers and understanding.- They cover material ranging from the elementary to the advanced in each subject.- They work exceptionally well with any text in its field.- PROBLEM SOLVERS are available in 41 subjects.- Each PROBLEM SOLVER is prepared by supremely knowledgeable experts.- Most are over 1000 pages.- PROBLEM SOLVERS are not meant to be read cover to cover. They offer whatever may be needed at a given time. An excellent index helps to locate specific problems rapidly.TABLE OF CONTENTSIntroductionChapter 1: Fundamental Economic ConceptsThe Method of EconomicsScarcityResourcesThe Production-Possibilities CurveResources and ProductionShort Answer Questions for ReviewChapter 2: The Capitalist EconomyEssential CharacteristicsSpecializationUse of MoneyUse of Capital GoodsThe Circular Flow ModelShort Answer Questions for ReviewChapter 3: Business OrganizationThe Sole ProprietorshipThe PartnershipThe CorporationShort Answer Questions for ReviewChapter 4: National Income and Price IndicesPurposeDefining Gross National ProductOther AccountsCalculating National Product and IncomeReal vs. Monetary MeasurementLimitationsShort Answer Questions for ReviewChapter 5: Consumption, Savings, and InvestmentThe Consumption and Savings FunctionsThe Marginal Propensity to ConsumeThe Average Propensity to ConsumeThe Investment FunctionShort Answer Questions for ReviewChapter 6: Income Determination: The Simple Multiplier TheoryEquilibrium Income DeterminationLeakage-Injections Approach to EquilibriumMultiplier AnalysisDisequilibrium NNP AnalysisShort Answer Questions for ReviewChapter 7: Fiscal Policy and ThriftinessBudgetary Expenditure PatternsBalancing the BudgetThe Public DebtFiscal Policy and TaxationThe Paradox of ThriftThe Deflationary GapStabilizing and Destabilizing FactorsShort Answer Questions for ReviewChapter 8: TaxationBasic ConceptsRate StructureIncidenceCorporate TaxationTax SubsidiesExternalitiesShort Answer Questions for ReviewChapter 9: Business CyclesDefinitionMeasurementRole of InvestmentThe AcceleratorAlternative TheoriesShort Answer Questions for ReviewChapter 10: Inflation and UnemploymentInflation, Deflation, and StagflationUnemploymentInflation vs. Unemployment: The Phillips CurveThe Government, Firm and Individual: Fighting InflationInflation and Interest RatesThe Federal Reserve and the Money SupplyMilton Friedman and MonetarismShort Answer Questions for ReviewChapter 11: MoneyNature and FunctionTypes of MoneyThe Supply of MoneyThe Demand for MoneyThe Value of MoneyIS-LM AnalysisShort Answer Questions for ReviewChapter 12: The Banking SystemInstitutionsThe Balance SheetFractional Reserve BankingMultiple Deposit CreationShort Answer Quest