This note explains the
following topics: Simple Representative Agent Models, Growth With
Overlapping Generations, Neoclassical Growth and Dynamic Programming,
Endogenous Growth , Choice Under Uncertainty, Consumption and Asset Pricing,
Search, Money and Unemployment, Overlapping Generations Models of Money, A
System of National Accounts, Variants of GDP, The goods market, Financial
markets, Demand for money and bonds , Equilibrium in the money market, Price
of bonds and interest rate, The IS-LM model, The labor market, The three
markets jointly: AS and AD , Phillips curve and the open economy.
Economics is the study of choices made under constraints,
usually the constraints of budgets, prices, and input costs. Topics covered
include consumer demand, production, exchange, the price system, resource
allocation, and government intervention.
is becoming a highly developed and highly mathematicized array of its own
sub disciplines, as it should be, as economies are becoming increasingly
complex, and scientific economic analyses require progressively thorough
knowledge of solid quantitative methods. This book thus provides recent
insight on some key issues in econometric theory and applications.
This book covers the following topics: The
Nature and Scope of Economics, The Characteristics of the Present Economic
System, The Evolution of Economic Society, The Evolution of Economic
Society, The Economic Development of the United States, Elementary Concepts,
Monopoly, Business Organization and International Trade.
Author(s): Richard Theodore Ely, Thomas Sewall Adams, Max
Otto Lorenz, Young, Allyn Abbott
This book covers the following topics:
Economic Rationality, Development of Economic Thought, Business Ethics,
Subjectivity of Understanding, Subjectivity of Literature, Ethics of Care
and Ethics in the Economy.
This note covers the following topics:
The AD Curve and the IS-LM Model, The IS-LM Model and the AD curve,The Money
Market, The AS Curve and the Labour Market, The Open Economy, Macroeconomic
Political Economy (1848) by John Stuart Mill was arguably the most
important economics or political economy textbook of the mid nineteenth
century. It was revised until its seventh edition in 1871, shortly before
Mill's death in 1873, and republished in numerous other editions. Beside
discussing descriptive issues such as which nations tended to benefit more
in a system of trade based on comparative advantage, the work also
discussed normative issues such as ideal systems of political economy,
critiquing proposed systems such as communism and socialism.