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David K.H. Begg, Gianluigi Vernasca-Economics-McGraw Hill Higher Education (2011)

David K.H. Begg, Gianluigi Vernasca-Economics-McGraw Hill Higher Education

David Begg, Gianluigi Vernasca, Stanley Fischer, Rudiger Dornbusch

  • Page 3 and 4: • David Begg, Gianluigi Vernasca,
  • Page 5: Dedication For Honora, Mary and Rob
  • Page 8 and 9: Detailed Table of Contents Preface
  • Page 10 and 11: 9.6 Entry and potential competition
  • Page 12 and 13: 20.6 The effect of future taxes 20.
  • Page 14 and 15: Preface Economics is much too inter
  • Page 16 and 17: • Research showed Chapter 32 (Mac
  • Page 18 and 19: Application Boosf ng UK labou New L
  • Page 20 and 21: Boxed material The text offers a we
  • Page 22 and 23: Scale economies and the internet Ca
  • Page 24 and 25: 19 Structural solutions to prevent
  • Page 26 and 27: Cl STUDENTS ... Want to get better
  • Page 28 and 29: ft Want an on line, searchable vers
  • Page 30 and 31: EZTest l[Sl Test Bank available in
  • Page 32 and 33: Student-Friendly Guides The Ultimat
  • Page 34 and 35: Gonzalo Varela, University of Susse
  • Page 36: About the authors Professor David B
  • Page 40 and 41: Learning Outcomes By the end of thi
  • Page 42 and 43: 1.1 Economic issues 10 8 6 Q (!) 4
  • Page 44 and 45: ... 1.1 Economic issues fell substa
  • Page 46 and 47: 1.1 Economic issues Table 1.1 World
  • Page 48 and 49: 1.2 Scarcity and the competing use
  • Page 50 and 51: 1.3 The role of the market The role
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    1.4 Positive and normative Cuba +

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    1. 5 Micro and macro The second par

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    Summary However, after the credit c

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    Review questions eventual price of

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    2.1 Economic data Second, the data

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    2.2 Index numbers Table 2.3 Unemplo

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    2.2 Index numbers Table 2.5 CPI wei

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    2.3 Nominal and real variables frli

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    2.5 Economic models ., Economic mo

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    2. 7 Diagrams, lines and equations

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    2. 7 Diagrams, lines and equations

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    2.10 Some popular criticisms of eco

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    Summary Models in economics are so

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    Review questions 5 Plot a scatter d

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    3.2 Demand, supply and equilibrium

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    3.3 Demand and supply curves to the

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    3.3 Demand and supply curves where

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    3.5 Shifts in the demand curve - 14

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    3 .6 Behind the supply curve where

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    3.8 Consumer and producer surplus G

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    3.9 Free markets and price controls

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    3.9 Free markets and price controls

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    3.10 What, how and for whom Finally

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    Review questions Review questions c

  • Page 100:

    Positive microeconomics Positive ec

  • Page 103 and 104:

    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 4 Elasticities of demand an

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    CHAPTER 5 Consumer choice and deman

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    APPENDIX Consumer choice with measu

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    Learning Outcomes By the end of thi

  • Page 161 and 162:

    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 6 Introducing supply decisi

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    CHAPTER 7 Costs and supply Total Ma

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    CHAPTER 7 Costs and supply 50 - Q)

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    CHAPTER 7 Costs and supply the marg

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    CHAPTER 7 Costs and supply Table 7.

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    CHAPTER 7 Costs and supply Table 7.

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    CHAPTER 7 Costs and supply 0 The te

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    CHAPTER 7 Costs and supply fiia Pro

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    CHAPTER 7 Costs and supply Table 7.

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    CHAPTER 7 Costs and supply - Ill 0

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    CHAPTER 7 Costs and supply 0 Defini

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    CHAPTER 7 Costs and supply Globaliz

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    CHAPTER 7 Costs and supply Table 7.

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    CHAPTER 7 Costs and supply • When

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    Learning Outcomes By the end of thi

  • Page 209 and 210:

    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

  • Page 221 and 222:

    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

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    CHAPTER 8 Perfect competition and p

  • Page 235 and 236:

    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 9 Market structure and impe

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    CHAPTER 10 The labour market Table

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    CHAPTER 10 The labour market The mo

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    CHAPTER 10 The labour market output

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    CHAPTER 10 The labour market T_he

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    CHAPTER 10 The labour market Ill ..

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    CHAPTER 10 The labour market Thus l

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    CHAPTER 10 The labour market Does i

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    CHAPTER 10 The labour market Transf

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    CHAPTER 10 The labour market D_o_

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    CHAPTER 10 The labour market Table

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    CHAPTER 10 The labour market But ex

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    CHAPTER 10 The labour market Table

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    CHAPTER 10 The labour market • In

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    The choice of technique can be exam

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    APPENDIX Isoquants and the choice o

  • Page 291 and 292:

    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

  • Page 303 and 304:

    CHAPTER 11 Factor markets and incom

  • Page 305 and 306:

    CHAPTER 11 Factor markets and incom

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    CHAPTER 11 Factor markets and incom

  • Page 309 and 310:

    CHAPTER 11 Factor markets and incom

  • Page 311 and 312:

    CHAPTER 11 Factor markets and incom

  • Page 313 and 314:

    CHAPTER 12 Risk and information In

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    CHAPTER 12 Risk and information 0 b

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    CHAPTER 12 Risk and information Cho

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    CHAPTER 12 Risk and information wan

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    CHAPTER 12 Risk and information Edu

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    CHAPTER 12 Risk and information 0 W

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    CHAPTER 12 Risk and information Tab

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    CHAPTER 12 Risk and information ...

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    CHAPTER 12 Risk and information It

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    CHAPTER 12 Risk and information of

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    CHAPTER 12 Risk and information Tab

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    CHAPTER 12 Risk and information Lea

  • Page 337 and 338:

    CHAPTER 12 Risk and information Net

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    CHAPTER 12 Risk and information •

  • Page 341 and 342:

    CHAPTER 12 Risk and information mon

  • Page 344 and 345:

    Learning Outcomes By the end of thi

  • Page 346 and 347:

    13. l Equity and efficiency • B .

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    13.2 Perfect competition and Pareto

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    13.3 Distortions and the second-bes

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    13.4 Market failure Suppose, howeve

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    13.5 Externalities In both cases th

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    13.5 Externalities There are many c

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    13.5 Externalities Economists say t

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    13.6 Environmental issues and the e

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    13.6 Environmental issues and the e

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    13.6 Environmental issues and the e

  • Page 366 and 367:

    13.8 Quality, health and safety cos

  • Page 368 and 369:

    Summary Politicians often claim, ri

  • Page 370 and 371:

    Review questions • Incomplete inf

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    Learning Outcomes By the end of thi

  • Page 374 and 375:

    14. l Taxation and government spend

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    14.2 The government in the market e

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    14.2 The government in the market e

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    14. 3 The principles of taxation Ho

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    14. 3 The principles of taxation Ta

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    14.4 Taxation and supply-side econo

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    14.6 Economic sovereignty Tiebout m

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    14.7 Political economy: how governm

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    14.7 Political economy: how governm

  • Page 392 and 393:

    Review questions Review questions c

  • Page 394:

    Macroeconomics Part Four studies th

  • Page 397 and 398:

    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

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    CHAPTER 15 Introduction to macroeco

  • Page 419 and 420:

    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    CHAPTER 16 Output and aggregate dem

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    Learning Outcomes By the end of thi

  • Page 437 and 438:

    CHAPTER 17 Fiscal policy and foreig

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    CHAPTER 17 Fiscal policy and foreig

  • Page 441 and 442:

    CHAPTER 17 Fiscal policy and foreig

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    CHAPTER 17 Fiscal policy and foreig

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    CHAPTER 17 Fiscal policy and foreig

  • Page 447 and 448:

    CHAPTER 17 Fiscal policy and foreig

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    CHAPTER 17 Fiscal policy and foreig

  • Page 451 and 452:

    CHAPTER 17 Fiscal policy and foreig

  • Page 453 and 454:

    CHAPTER 17 Fiscal policy and foreig

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    CHAPTER 17 Fiscal policy and foreig

  • Page 457 and 458:

    Learning Outcomes By the end of thi

  • Page 459 and 460:

    CHAPTER 18 Money and banking A toke

  • Page 461 and 462:

    CHAPTER 18 Money and banking deposi

  • Page 463 and 464:

    CHAPTER 18 Money and banking 0 bad

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    CHAPTER 18 Money and banking 0 bund

  • Page 467 and 468:

    CHAPTER 18 Money and banking a 2009

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    CHAPTER 18 Money and banking as cas

  • Page 471 and 472:

    CHAPTER 18 Money and banking Table

  • Page 473 and 474:

    CHAPTER 18 Money and banking The as

  • Page 475 and 476:

    CHAPTER 18 Money and banking Table

  • Page 477 and 478:

    CHAPTER 18 Money and banking 9 Supp

  • Page 479 and 480:

    CHAPTER 19 Interest rates and monet

  • Page 481 and 482:

    CHAPTER 19 Interest rates and monet

  • Page 483 and 484:

    CHAPTER 19 Interest rates and monet

  • Page 485 and 486:

    CHAPTER 19 Interest rates and monet

  • Page 487 and 488:

    CHAPTER 19 Interest rates and monet

  • Page 489 and 490:

    CHAPTER 19 Interest rates and monet

  • Page 491 and 492:

    CHAPTER 19 Interest rates and monet

  • Page 493 and 494:

    CHAPTER 19 Interest rates and monet

  • Page 495 and 496:

    CHAPTER 19 Interest rates and monet

  • Page 497 and 498:

    CHAPTER 19 Interest rates and monet

  • Page 499 and 500:

    CHAPTER 19 Interest rates and monet

  • Page 501 and 502:

    CHAPTER 20 Monetary and fiscal poli

  • Page 503 and 504:

    CHAPTER 20 Monetary and fiscal poli

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    CHAPTER 20 Monetary and fiscal poli

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    CHAPTER 20 Monetary and fiscal poli

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    CHAPTER 20 Monetary and fiscal poli

  • Page 511 and 512:

    .. .. .. .. CHAPTER 20 Monetary and

  • Page 513 and 514:

    CHAPTER 20 Monetary and fiscal poli

  • Page 515 and 516:

    CHAPTER 20 Monetary and fiscal poli

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    Learning Outcomes By the end of thi

  • Page 519 and 520:

    CHAPTER 21 Aggregate supply, prices

  • Page 521 and 522:

    CHAPTER 21 Aggregate supply, prices

  • Page 523 and 524:

    CHAPTER 21 Aggregate supply, prices

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    CHAPTER 21 Aggregate supply, prices

  • Page 527 and 528:

    CHAPTER 21 Aggregate supply, prices

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    CHAPTER 21 Aggregate supply, prices

  • Page 531 and 532:

    CHAPTER 21 Aggregate supply, prices

  • Page 533 and 534:

    CHAPTER 21 Aggregate supply, prices

  • Page 535 and 536:

    CHAPTER 21 Aggregate supply, prices

  • Page 537 and 538:

    CHAPTER 21 Aggregate supply, prices

  • Page 539 and 540:

    CHAPTER 22 Inflation, expectations

  • Page 541 and 542:

    CHAPTER 22 Inflation, expectations

  • Page 543 and 544:

    CHAPTER 22 Inflation, expectations

  • Page 545 and 546:

    CHAPTER 22 Inflation, expectations

  • Page 547 and 548:

    CHAPTER 22 Inflation, expectations

  • Page 549 and 550:

    CHAPTER 22 Inflation, expectations

  • Page 551 and 552:

    CHAPTER 22 Inflation, expectations

  • Page 553 and 554:

    CHAPTER 22 Inflation, expectations

  • Page 555 and 556:

    CHAPTER 22 Inflation, expectations

  • Page 557 and 558:

    CHAPTER 22 Inflation, expectations

  • Page 559 and 560:

    CHAPTER 22 Inflation, expectations

  • Page 561 and 562:

    CHAPTER 22 Inflation, expectations

  • Page 563 and 564:

    CHAPTER 22 Inflation, expectations

  • Page 565 and 566:

    CHAPTER 23 Unemployment Table 23.1

  • Page 567 and 568:

    CHAPTER 23 Unemployment Measuring u

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    CHAPTER 23 Unemployment Structural

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    CHAPTER 23 Unemployment 0 You go to

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    CHAPTER 23 Unemployment with estima

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    CHAPTER 23 Unemployment Most empiri

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    CHAPTER 23 Unemployment 0 New Labou

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    .. .. CHAPTER 23 Unemployment How b

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    CHAPTER 23 Unemployment There are o

  • Page 583 and 584:

    CHAPTER 23 Unemployment who have be

  • Page 585 and 586:

    CHAPTER 23 Unemployment Which of th

  • Page 587 and 588:

    CHAPTER 24 Exchange rates and the b

  • Page 589 and 590:

    CHAPTER 24 Exchange rates and the b

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    CHAPTER 24 Exchange rates and the b

  • Page 593 and 594:

    CHAPTER 24 Exchange rates and the b

  • Page 595 and 596:

    CHAPTER 24 Exchange rates and the b

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    CHAPTER 24 Exchange rates and the b

  • Page 599 and 600:

    CHAPTER 24 Exchange rates and the b

  • Page 601 and 602:

    CHAPTER 24 Exchange rates and the b

  • Page 603 and 604:

    CHAPTER 24 Exchange rates and the b

  • Page 605 and 606:

    CHAPTER 24 Exchange rates and the b

  • Page 607 and 608:

    CHAPTER 24 Exchange rates and the b

  • Page 609 and 610:

    CHAPTER 25 Open economy macroeconom

  • Page 611 and 612:

    CHAPTER 25 Open economy macroeconom

  • Page 613 and 614:

    CHAPTER 25 Open economy macroeconom

  • Page 615 and 616:

    CHAPTER 25 Open economy macroeconom

  • Page 617 and 618:

    CHAPTER 25 Open economy macroeconom

  • Page 619 and 620:

    CHAPTER 25 Open economy macroeconom

  • Page 621 and 622:

    CHAPTER 25 Open economy macroeconom

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    CHAPTER 25 Open economy macroeconom

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    CHAPTER 25 Open economy macroeconom

  • Page 627 and 628:

    CHAPTER 25 Open economy macroeconom

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    Learning Outcomes By the end of thi

  • Page 631 and 632:

    CHAPTER 26 Economic growth Converse

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    CHAPTER 26 Economic growth Renewabl

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    CHAPTER 26 Economic growth Research

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    CHAPTER 26 Economic growth >... c 0

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    CHAPTER 26 Economic growth Suppose

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    CHAPTER 26 Economic growth Why was

  • Page 643 and 644:

    CHAPTER 26 Economic growth 0 With t

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    CHAPTER 26 Economic growth Crafts d

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    CHAPTER 26 Economic growth The zero

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    CHAPTER 26 Economic growth 6 Common

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    CHAPTER 27 Business cycles lulled i

  • Page 653 and 654:

    CHAPTER 27 Business cycles This the

  • Page 655 and 656:

    CHAPTER 27 Business cycles 0 Questi

  • Page 657 and 658:

    CHAPTER 27 Business cycles The mult

  • Page 659 and 660:

    CHAPTER 27 Business cycles that dem

  • Page 661 and 662:

    CHAPTER 27 Business cycles lntertem

  • Page 663 and 664:

    CHAPTER 27 Business cycles -1 -2 -3

  • Page 665 and 666:

    CHAPTER 27 Business cycles the cris

  • Page 667 and 668:

    CHAPTER 27 Business cycles 11 Suppo

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    Learning Outcomes By the end of thi

  • Page 672 and 673:

    28. l Trade patterns Table 28.2 Exp

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    28.2 Comparative advantage World tr

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    28.2 Comparative advantage Table 28

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    28.2 Comparative advantage loss of

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    28.3 Intra-industry trade Figure 28

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    28.3 Intra-industry trade Refrigera

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    28.4 The economics of tariffs SS Q)

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    28.5 Good and bad arguments for tar

  • Page 688 and 689:

    28.5 Good and bad arguments for tar

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    28.5 Good and bad arguments for tar

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    28. 7 Other trade policies probably

  • Page 694 and 695:

    Review questions • Countries make

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    Learning Outcomes By the end of thi

  • Page 698 and 699:

    29 . 1 The gold standard The gold s

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    29.3 Floating exchange rates mid-l

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    29.5 Fixed vs floating Capital cont

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    29.5 Fixed vs floating Financial di

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    29.6 Antecedents of the eurozone If

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    29.6 Antecedents of the eurozone Ta

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    29.6 Antecedents of the eurozone po

  • Page 712 and 713:

    29. 7 The economics of the euro Thi

  • Page 714 and 715:

    29. 7 The economics of the euro The

  • Page 716 and 717:

    Summary lower imports shift the IS1

  • Page 718:

    Review questions 3 What are the adv

  • Page 721 and 722:

    Answers to activity questions (b) B

  • Page 723 and 724:

    Answers to activity questions (b) (

  • Page 725 and 726:

    Answers to activity questions Activ

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    Glossary Chosen bundle the point at

  • Page 729 and 730:

    Glossary Exogenous variables those

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    Glossary International value of the

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    Glossary Monopolistic competition a

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    Glossary Real GNP adjusts for infla

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    Glossary Trade policy policy that a

  • Page 739 and 740:

    Index Bertrand model Nash equilibri

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    Index demand - cont. income elastic

  • Page 743 and 744:

    Index fiscal drag inflation 516 tax

  • Page 745 and 746:

    Index information - cont. quality 3

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    Index median voters government spen

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    Index policy mix, fiscal/monetary 4

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    Index signalling, higher education

  • Page 753:

    Index utility maximization and choi

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