note uses the tools of macroeconomics to study various macroeconomic policy
problems in-depth. The problems range from economic growth in the long run,
to government finances in the intermediate run, and economic stability in
the short run. Many economic models used today are surveyed.
Managerial economics, as the name itself implies, is an
offshoot of two distinct disciplines: Economics and Management. In other words,
it is necessary to understand what these disciplines are, at least in brief, to
understand the nature and scope of managerial economics.This PDF covers the
following topics related to Managerial Economics : Introduction to Managerial
Economics, Theory of Demand, Production Analysis, Cost Theory and Estimation,
Market Structure and Pricing Practices.
Author(s): Ms. Swathi, Assistant Professor, Institute of
covers the following topics: Solow growth model, Ramsey growth model,
Diamond overlapping-generations model Endogenous growth and human capital
models, Empirical growth analyses, Business cycles and RBC models,
Traditional business-cycle models, New Keynesian IS-LM, Phillips curve,
Lucas imperfect-information model, Imperfect competition and sticky prices,
Dynamic pricing models, Unemployment models and Investment theory.
This book explains the following topics:
Credit Markets in Developing Countries, Complete Markets Benchmark, Rural
Financial Intermediaries, Micro Finance, Social Networks and Informal
Institutions, Property Rights and Credit Market, Credit Market Imperfections
and Poverty Traps, Financial Structure in Formal Credit Markets, Interaction
of Formal and Informal Credit Markets.
Author(s): Tridip Ray, Indian
Statistical Institute, New Delhi
This note provides a solid foundation in probability and statistics
for economists and other social scientists. Topics include elements of
probability theory, sampling theory, statistical estimation, and hypothesis
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.
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
audience of this textbook is first-year undergraduates taking courses on the
principles of macroeconomics and microeconomics. This textbook will assist
you in increasing students’ economic literacy both by developing their
aptitude for economic thinking and by presenting key insights about
economics that every educated individual should know.
Author(s): Russell Cooper, European
University Institute and Andrew John, Melbourne Business Schoo
Microeconomics: Markets, Methods and Models provides a concise, yet
complete, coverage of introductory microeconomic theory, application and
policy in a Canadian and global environment. Topics covered includes:
introduction to key ideas, Theories, models and data, The classical
marketplace – demand and supply, Measures of response: elasticities, Welfare
economics and externalities, Individual choice, Firms, investors and capital
markets, Production and cost, Perfect competition, Monopoly , Imperfect
competition, Labour and capital, Human capital and the income distribution,
Government and International trade.
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.