Economic Analysis & Canadian Policy
- 7th Edition - October 22, 2013
- Imprint: Butterworth-Heinemann
- Author: David Stager
- Language: English
- eBook ISBN:9 7 8 - 1 - 4 8 3 1 - 0 0 5 4 - 8
Economic Analysis & Canadian Policy: Seventh Edition deals with concepts and theories in economics and its relation to Canadian economic policies. The major revision in… Read more
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Request a sales quoteEconomic Analysis & Canadian Policy: Seventh Edition deals with concepts and theories in economics and its relation to Canadian economic policies. The major revision in this edition deals with the development of the real sector model for the macroeconomy. The book is divided into two parts. Part I is a general overview of economics and includes topics such as basic economic decisions, economic policies and analysis, supply and demand, market price, and the role of the government in the economy. Part II deals with the Canadian economy - its economic goals, economic growth, and national income; its banking systems; its fiscal policy, public debt, and budget deficit; and international trade policies, patterns, and rationale. Part III covers consumer demand, production costs, supply, market competition, and market structure. Part IV talks about labor market and wages, income distribution in Canada, and regional income disparity. The text is recommended for economists and financial analysts, especially those who would like to study about Canada's economy and its policies.
ContentsPart One Economics and the Market Place 1 Economics: The Analysis of Choice What is Economics? Basic Economic Decisions Economic Systems Appendix: Economics and the Use of Graphs 2 Economic Analysis and Economic Policy Normative and Positive Economics Scientific Method in Economics Difficulties with measurement Some Basic Concepts Microeconomics and Macroeconomics 3 Demand, Supply, and Market Prices Demand for Consumer Goods and Services Total Market Demand Elasticity: Sensitivity to Price Changes Supply of Consumer Goods and Services Price Determined by Supply and Demand Interdependence of Markets Appendix: Further Elasticity Cases 4 Government in the Market Economy Limitations of the Market System Government in the Market Economy Using the Price Mechanism for Public Policies Part Two The Canadian Economy 5 Measuring Canada's Economic Performance Canada's Economic Goals Inflation and Price Stability Unemployment and Full Employment Economic Growth and National Income National Income and Expenditure Accounts Real Income per Capita 6 Aggregate Expenditure and National Income Full Employment in Classical Economics Theory of National Income Determination Consumption Spending Other Spending Components Toward Equilibrium National Income Moving the Equilibrium Level Expenditure Multiplier Acceleration Principle National Income at Full Employment Aggregate Demand Aggregate Supply 7 Money and Banking in Canada What is Money? Canadian Banking System Expansion and Contraction of Bank Deposits Techniques for Regulating the Money Supply 8 Money and National Income Money in Classical Economics Demand for Money Determination of the Interest Rate Money, Interest Rate, and Aggregate Expenditure 9 Fiscal Policy and the Public Debt Inflation-Unemployment Trade-Off Fiscal Policy Budget Deficits Fiscal Policy in Canada Public Debt 10 Monetary Policy and the Foreign Exchange Rate Monetary Policy Foreign Exchange Rates Money Supply and Foreign Exchange Rates Canada's Exchange Rate Policy Canadian Experience with Monetary Policy Appendix: Reforming the International Monetary System 11 Monetary, Fiscal, or Other Policies? Monetary or Fiscal Policy? Labor Supply Policies Prices and Incomes Policies Alternative Proposals 12 Economic Growth and Productivity Economic Growth as a Basic Goal Economic Growth in Canada: Experience and Policies 13 International Trade and the Balance of Payments Canada's Pattern of Foreign Trade Rationale for Trade Restrictions on International Trade Opening the Way for Trade Canada's Tariff Policies Balance of international Payments Balance of Payments Equilibrium 14 Economics of the Public Sector Government Expenditures Taxation Taxation in Canada Fiscal Federalism and Intergovernmental Transfers Part Three Consumers and Producers 15 Consumer Demand Marginal Utility and Consumer Decisions Consumer Surplus Substitution and Income Effects Consumer Expenditure Patterns Appendix: Indifference Analysis of Consumer Decisions 16 Production Costs What Are Costs? Short-Run Production and Costs Long-Run Production and Costs 17 Supply Decisions in Competitive Markets Market Structure Perfect Competition Output and Price under Perfect Competition 18 Monopoly and Imperfect Competition Pure Monopoly Price Discrimination Monopolistic Competition Oligopoly 19 Evaluation of Market Structures Performance of Firms Models of Firms' Behavior: A Critique 20 Industrial Organization and Public Policy Industrial Organization in Canada Type of Firm Public Policy on Industrial Organization Public Policy on Monopoly and Oligopoly Public Control of Natural Monopolies Public Support for Restricted Competition 21 Economics of the Natural Resource Industries Significance of the Natural Resource Industries Agriculture Forestry Fishing Mining Oil and Natural Gas Foreign Ownership and Control of Canadian Industry Part Four Distribution of Incomes 22 Demand for Factor Services Demand for Factor Services: Marginal Productivity Theory Imperfect Competition in the Product Market Profit Maximizing and Cost Minimizing 23 Labor Markets and Wages Wages and Wage Rates Supply of Labor Wage Determination under Perfect Competition Wage Determination under Imperfect Competition Structure of Wages in Canada Appendix: The Labor/Leisure Choice Model 24 Labor Unions and Collective Bargaining Size and Structure of Unions in Canada Union Goals Union Techniques and Tactics Collective Bargaining Procedures Union Effects on Labor Markets Labor Legislation in Canada 25 Rent, Interest, and Profit Rent and Land Interest and Capital Profit and the Entrepreneur 26 Income Distribution in Canada Income Distribution among Productive Factors Personal Distribution of Income Poverty Anti-Poverty Programs and Proposals 27 Regional Income Disparity Regional Income Differences in Canada Policies and Programs to Reduce Regional Disparity Glossary Index
- Edition: 7
- Published: October 22, 2013
- Imprint: Butterworth-Heinemann
- Language: English
- eBook ISBN: 9781483100548
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