Economics : (Record no. 12803)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 16063nam a2200337 4500 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9780273651406 |
| Terms of availability | Tshs 34,991/= |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 0273651404 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | Tegeta Center Library |
| Language of cataloging | eng. |
| Description conventions | RDA |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 330 ECO |
| 245 ## - TITLE STATEMENT | |
| Title | Economics : |
| Sub Title | a student's guide |
| Statement of responsibility, etc | / |
| 250 ## - Edition Statement | |
| Edition statement | 5th ed. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | Harlow, England / New York : |
| Name of publisher | Prentice Hall (Financial Times Prentice Hall), |
| Year of publication | c2001 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | xvii, 770 p.: |
| Other physical details | some col.ill.; |
| Dimensions | 26 cm. |
| 500 ## - GENERAL NOTE | |
| General note | Designed as an introductory textbook that bridges advanced secondary education and higher education. It is explicitly tailored for Advanced-level ('A' Level) students, undergraduate introductory economics courses, Higher National Diploma (HND) programs, and professional examinations. |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE | |
| Bibliography, etc | Includes references and index |
| 505 ## - Formatted Contents | |
| Formatted contents note | Economics......Page 1<br/>Contents......Page 5<br/>Preface......Page 15<br/>Syllabus map......Page 16<br/>About the authors......Page 18<br/>Acknowledgements......Page 19<br/>Publishers’ acknowledgements......Page 20<br/>The market system......Page 21<br/>The subject matter of economics......Page 23<br/>Positive and normative statements......Page 25<br/>Scientific method......Page 26<br/>Different answers to the same questions......Page 28<br/>Conclusions......Page 31<br/>Questions......Page 32<br/>Data response B......Page 33<br/>The use and abuse of statistics......Page 36<br/>Indices......Page 39<br/>Statistics......Page 44<br/>Data response A......Page 46<br/>Data response C......Page 47<br/>Wants and needs......Page 49<br/>The factors of production......Page 50<br/>The division of labour......Page 52<br/>Economies of scale......Page 53<br/>New technology......Page 56<br/>Increasing costs and diminishing returns......Page 57<br/>The law of increasing costs......Page 58<br/>International trade......Page 62<br/>Data response A......Page 65<br/>Data response B......Page 66<br/>The price system......Page 67<br/>Demand......Page 68<br/>Supply......Page 71<br/>Equilibrium prices......Page 73<br/>Demand in detail......Page 76<br/>The price system assessed......Page 80<br/>Summary......Page 81<br/>Data response A......Page 82<br/>Data response B......Page 83<br/>Elasticity of demand......Page 84<br/>Price elasticity of demand and the firm’s decision making......Page 86<br/>The calculation of price elasticity of demand......Page 87<br/>Factors determining price elasticity of demand......Page 89<br/>Arc elasticity......Page 91<br/>Point elasticity......Page 92<br/>Income elasticity of demand......Page 93<br/>Cross elasticity of demand......Page 94<br/>Price elasticity of supply......Page 95<br/>Questions......Page 98<br/>Data response B......Page 99<br/>Some important ideas reviewed......Page 100<br/>Changes in market price......Page 101<br/>Government interference withequilibrium prices......Page 104<br/>Taxes and subsidies......Page 109<br/>Problems with demand and supplyanalysis......Page 112<br/>Questions......Page 115<br/>Data response B......Page 116<br/>Types of business organisation......Page 118<br/>Legal forms of firms......Page 120<br/>Costs of production......Page 123<br/>Profits......Page 128<br/>Summary......Page 130<br/>Data response B......Page 131<br/>Profit maximisation......Page 132<br/>Types of competition......Page 133<br/>Alternative objectives......Page 139<br/>Data response B......Page 140<br/>Market failure andgovernment intervention......Page 143<br/>What is a mixed economy?......Page 145<br/>The origins of the mixed economy......Page 147<br/>The allocative role: provision of goods and services......Page 150<br/>The distributive role: transfer payments......Page 152<br/>Criteria for the allocation of resources......Page 153<br/>Summary......Page 155<br/>Data response A......Page 156<br/>Case study 10.1 the growth of public expenditure......Page 157<br/>Reasons for growth in public expenditure......Page 158<br/>Strategies for the control of public expenditure......Page 159<br/>Case study 10.2 reform of the NHS: technical efficiency and transactions costs......Page 160<br/>How to pay for the service?......Page 161<br/>Case study 10.3 markets in education: allocative efficiency......Page 164<br/>Case study 10.4 monopoly and privatised industries......Page 166<br/>Case study 10.5 regional problems......Page 167<br/>Summary......Page 171<br/>Markets in operation......Page 173<br/>Case study 11.1 agricultural prices......Page 175<br/>Features of the agriculture industry......Page 177<br/>Recent developments in policy......Page 178<br/>A comparison of three policies......Page 179<br/>Case study 11.2 the housing market......Page 181<br/>The public sector......Page 183<br/>The owner occupied sector......Page 185<br/>Case study 11.3 minimum wage legislation......Page 190<br/>Summary......Page 192<br/>The meaning of leisure......Page 193<br/>Travel and tourism......Page 196<br/>Some economic aspects of the English Premier League......Page 197<br/>Summary......Page 199<br/>Data response A......Page 200<br/>An introduction to the environment......Page 202<br/>Policies to deal with the environment......Page 203<br/>Pollution characteristics......Page 205<br/>Case study 13.1 global warming......Page 207<br/>Policies......Page 209<br/>Case study 13.2 ozone depletion......Page 212<br/>ase study 13.3 rubbish and recycling......Page 213<br/>Policy......Page 214<br/>Questions......Page 215<br/>Case study 14.1 road congestion......Page 216<br/>Case study 14.2 privatising a loss-makingmonopoly......Page 220<br/>Privatisation......Page 222<br/>Alternative methods of privatisation......Page 223<br/>Case study 14.3 air transport......Page 224<br/>Case study 14.4 the channel crossing: intermodal competition......Page 227<br/>Summary......Page 228<br/>The national economy......Page 229<br/>Pre-Keynesian attitudes......Page 231<br/>Macroeconomics......Page 232<br/>Questions......Page 234<br/>Data response A......Page 235<br/>The four macroeconomic policy targets......Page 236<br/>The circular flow of national income......Page 237<br/>The components of national income......Page 238<br/>National income accounts......Page 239<br/>Growth......Page 242<br/>Conclusion......Page 245<br/>Data response A......Page 246<br/>The aggregate demand and supply curve approach......Page 248<br/>The derivation of the aggregate supply curve......Page 251<br/>Conclusion......Page 254<br/>Questions......Page 255<br/>Data response A......Page 256<br/>The major objectives of government policy......Page 258<br/>1945 to the early 1970s......Page 259<br/>1974–1982......Page 261<br/>1982–1996......Page 269<br/>1997 onwards......Page 271<br/>International interdependence and ‘globalisation’......Page 272<br/>Questions......Page 274<br/>Data response A......Page 275<br/>Business economics......Page 277<br/>The size of firms......Page 279<br/>The growth of firms......Page 280<br/>The continuation of the small business......Page 284<br/>Questions......Page 285<br/>Data response B......Page 286<br/>Average costs in the short run......Page 290<br/>Average costs in the long run......Page 292<br/>The mathematics of marginal cost......Page 295<br/>Conclusion......Page 296<br/>Summary......Page 297<br/>Data response B......Page 298<br/>The best profit output......Page 299<br/>The supply curve......Page 301<br/>The optimality of perfect competition......Page 302<br/>Data response A......Page 304<br/>Data response B......Page 305<br/>Perfect and imperfect competition......Page 306<br/>Profit-maximising techniques......Page 307<br/>The equilibrium of the monopolist......Page 312<br/>The equilibrium of the monopolistically competitive firm......Page 313<br/>Oligopolistic competition......Page 315<br/>Managerial and behavioural theories revisited......Page 318<br/>Contestable markets......Page 319<br/>Summary......Page 320<br/>Data response B......Page 321<br/>Governments and monopoly......Page 324<br/>Pricing problems......Page 328<br/>Discriminating monopoly......Page 329<br/>Monopoly assessed......Page 331<br/>Summary......Page 333<br/>Data response B......Page 334<br/>Introduction......Page 338<br/>Reasons for nationalisation......Page 339<br/>Case study 24.2 problems of nationalised industry control......Page 341<br/>Methods of privatisation......Page 345<br/>Vertical disintegration......Page 346<br/>Competition and new technology......Page 349<br/>Case study 24.5the regulation of privatised industries......Page 351<br/>Case study 24.6 is privatisation a success?......Page 353<br/>Summary......Page 355<br/>Labour markets and thedistribution of income......Page 357<br/>Marginal distribution theory......Page 359<br/>Resources and costs......Page 365<br/>Production in the long run......Page 367<br/>Summary......Page 370<br/>Data response A......Page 371<br/>Data response B......Page 372<br/>The determination of the wage rate and level of employment......Page 374<br/>The supply of labour......Page 375<br/>Trade unions and wages......Page 378<br/>Monopsony in labour markets......Page 382<br/>Differentials and disequilibriums......Page 383<br/>Questions......Page 386<br/>Data response A......Page 387<br/>Data response B......Page 388<br/>Partial and general equilibrium......Page 391<br/>The Pareto criterion......Page 393<br/>Allocative efficiency......Page 394<br/>Efficiency and the free market......Page 395<br/>Pareto efficiency and perfect competition......Page 396<br/>The welfare significance of equilibrium in a perfect market......Page 398<br/>Imperfect competition......Page 401<br/>Externalities......Page 402<br/>Public goods......Page 406<br/>Public goods, efficiency and valuation......Page 407<br/>Summary......Page 409<br/>Questions......Page 410<br/>Data response A......Page 411<br/>The distribution of income and wealth......Page 412<br/>Understanding the tax–benefit system......Page 415<br/>Case study 28.1 what makes a good tax?......Page 419<br/>Case study 28.2 the shift to expenditure taxation......Page 420<br/>Case study 28.3 direct taxes: a disincentive to work?......Page 423<br/>Tax reform......Page 426<br/>Case study 28.4 local taxation and autonomy......Page 428<br/>Summary......Page 429<br/>Macroeconomic analysis......Page 431<br/>The Keynesian revolution......Page 433<br/>Macroeconomics......Page 434<br/>The fundamental ideas of Keynes......Page 436<br/>Keynesian recession and depression......Page 437<br/>Questions......Page 441<br/>Data response B......Page 442<br/>Income and consumption......Page 443<br/>Determinants of consumption......Page 447<br/>Savings......Page 448<br/>Determinants of investment......Page 450<br/>Conclusion......Page 453<br/>Appendix: the accelerator......Page 455<br/>Data response A......Page 457<br/>Data response B......Page 458<br/>Goods and money......Page 459<br/>Withdrawals and injections......Page 460<br/>The ‘hydraulic’ Keynesian model – an overview......Page 461<br/>A model of the economy......Page 463<br/>Summary......Page 465<br/>Data response A......Page 466<br/>The multiplier......Page 468<br/>The operation of the multiplier......Page 469<br/>The multiplier formula......Page 470<br/>Equilibrium and the multiplier......Page 471<br/>Questions......Page 473<br/>Data response B......Page 474<br/>The aggregate demand and supply curve approach......Page 475<br/>A neo-classical view......Page 479<br/>Summary......Page 481<br/>Data response A......Page 482<br/>Data response B......Page 483<br/>Managing the economy:issues and policies......Page 487<br/>Economic growth......Page 489<br/>Factors influencing growth......Page 491<br/>People and growth......Page 494<br/>The problems of the UK economy......Page 497<br/>Summary......Page 498<br/>Data response B......Page 499<br/>The development of money......Page 500<br/>Credit creation......Page 501<br/>The functions and attributes of money......Page 503<br/>Measuring the money supply......Page 506<br/>The quantity equation of money......Page 509<br/>The concept of the general price level......Page 511<br/>Alternative measures of inflation......Page 515<br/>International comparisons......Page 516<br/>Financial institutions......Page 517<br/>Commercial banks......Page 518<br/>Money markets......Page 522<br/>Central banking......Page 525<br/>Summary......Page 526<br/>Data response A......Page 528<br/>Fiscal policy......Page 530<br/>The development of monetary policy......Page 534<br/>The stages of monetary policy......Page 535<br/>The weapons of monetary policy......Page 536<br/>Problems of monetary policy......Page 539<br/>The independence of the Bank of England......Page 541<br/>Questions......Page 542<br/>Data response B......Page 543<br/>Monetarists and Keynesians......Page 547<br/>Money and national income......Page 549<br/>Liquidity preference......Page 552<br/>Monetarist theory of the demand for money......Page 555<br/>The determination of aggregate real income......Page 559<br/>Recession or the natural rate of unemployment?......Page 562<br/>Summary......Page 566<br/>Questions......Page 567<br/>Data response B......Page 568<br/>The costs of inflation......Page 570<br/>The Phillips curve......Page 571<br/>The causes of inflation......Page 575<br/>The control of inflation......Page 579<br/>Questions......Page 583<br/>Data response B......Page 584<br/>Employment and unemployment......Page 586<br/>Vacancies and unemployment......Page 589<br/>Types of unemployment......Page 590<br/>Regional unemployment......Page 592<br/>The control of unemployment: the supply side view......Page 597<br/>The control of unemployment: neo-Keynesian views......Page 600<br/>Summary......Page 601<br/>Data response B......Page 602<br/>The philosophy behind neo-classical economics......Page 605<br/>Demand and marginal utility......Page 606<br/>Case study 40.1 acid rain......Page 609<br/>Cost–benefit analysis......Page 612<br/>Appendix: Indifference curve analysis......Page 617<br/>Applications of indifference curve analysis......Page 620<br/>Revealed preference theory......Page 623<br/>Data response A......Page 624<br/>Data response B......Page 625<br/>The theory of comparative advantage......Page 626<br/>Comparative advantage: a model......Page 627<br/>Comparative advantage and exchange rates......Page 631<br/>Extending the theory......Page 632<br/>Limitations of comparative advantage......Page 634<br/>Protectionism considered......Page 636<br/>Conclusion......Page 638<br/>Questions......Page 639<br/>Data response A......Page 640<br/>The pattern of the UK’s overseas trade......Page 642<br/>The balance of payments......Page 645<br/>The problems of a surplus......Page 647<br/>Deficit problems......Page 648<br/>Exchange rates......Page 650<br/>The exchange rate debate......Page 652<br/>Fixed exchange rates......Page 653<br/>The equilibrium exchange rate......Page 654<br/>The Asian crisis......Page 655<br/>Recent UK developments......Page 656<br/>Data response A......Page 658<br/>Data response B......Page 659<br/>The lessons of history......Page 661<br/>Summary......Page 664<br/>Questions......Page 665<br/>The EU and widerperspectives......Page 667<br/>The International Monetary Fund......Page 669<br/>The break-up of the Bretton Woods System......Page 671<br/>Eurocurrencies......Page 674<br/>The General Agreement on Tariffs and Trade (GATT) and its successor, the WorldTrade Organisation (WTO)......Page 675<br/>Other international institutions......Page 677<br/>Questions......Page 679<br/>Data response A......Page 680<br/>Websites......Page 681<br/>Introduction......Page 682<br/>The economics of integration......Page 683<br/>Economic and Monetary Union......Page 688<br/>Regional problems and policy in the EU......Page 698<br/>Employment and social policy in the EU......Page 701<br/>EU enlargement......Page 703<br/>Summary......Page 706<br/>Data response A......Page 707<br/>Websites......Page 711<br/>Development economics......Page 712<br/>Population and development......Page 714<br/>Technological issues......Page 716<br/>Trade issues......Page 717<br/>The debt problem of developing countries......Page 719<br/>What is necessary for development?......Page 721<br/>Conclusion......Page 722<br/>Data response A......Page 723<br/>Introduction......Page 725<br/>Political economy......Page 726<br/>The Austrian school......Page 727<br/>Post-Keynesian economics......Page 728<br/>Marxist economics......Page 729<br/>Where are we now?......Page 732<br/>Future issues......Page 733<br/>Questions......Page 735<br/>Data response B......Page 736<br/>Index......Page 737 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The new edition of this well-respected textbook is written in a student-friendly manner, combining the strengths of traditional economics texts with modern, active learning methods |
| 546 ## - LANGUAGE NOTE | |
| Language note | eng |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Economics |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Economics |
| Form subdivision | Study and teaching (Higher) |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Microeconomics |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Macroeconomics |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Economic conditions |
| Geographic subdivision | Great Britain |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Economics |
| Form subdivision | Handbooks, manuals, etc |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Beardshaw, John |
| Titles and other words associated with a name | (Author) |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Brewster, David |
| Titles and other words associated with a name | (Author) |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Cormack, Paul |
| Titles and other words associated with a name | (Author) |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ross, Andrew |
| Titles and other words associated with a name | (Author) |
| 942 ## - ADDED ENTRY ELEMENTS | |
| Item type | Book |
| Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Full call number | Accession Number | Copy number | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mzumbe University-Tegeta Center Library | Mzumbe University-Tegeta Center Library | 31/07/2026 | 330 ECO | T0000152 | 1 | 13/07/2026 | Book |