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Acknowledgements | ||
Introduction | 1 | |
1 | The Law of Consumer's Demand | 19 |
2 | The Nature of the Firm | 37 |
3 | The Concept of Monopoly and the Measurement of Monopoly Power | 55 |
4 | Monopoly and Resource Allocation | 77 |
5 | Strategic Competition among the Few - Some Recent Developments in the Economics of Industry | 91 |
6 | The Anatomy of Market Failure | 129 |
7 | Diagrammatic Exposition of a Theory of Public Expenditure | 159 |
8 | The Market for 'Lemons': Quality Uncertainty and the Market Mechanism | 175 |
9 | How Important is it to Defeat Inflation? The Evidence | 191 |
10 | The Role of Monetary Policy | 215 |
11 | Inflation and Unemployment | 232 |
12 | Unemployment Policy | 257 |
13 | On Theories of Unemployment | 264 |
14 | Efficiency Wage Models of Unemployment | 280 |
15 | The State of Long-Term Expectation | 293 |
16 | Understanding Business Cycles | 306 |
17 | Real Business Cycles: A New Keynesian Perspective | 328 |
18 | A Monetary and Fiscal Framework for Economic Stability | 345 |
19 | Rational Expectations and the Theory of Economic Policy | 366 |
20 | The Monetarist Controversy, or, Should we Forsake Stabilization Policies? | 383 |
Index | 409 |
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Add Essential Readings In Economics, Intellectual advances in economics often come from debates that have been partly forgotten but which offer context, depth, commitment and clarity to contemporary study. ESSENTIAL READINGS IN ECONOMICS makes available in a single volume some of the seminal, Essential Readings In Economics to your collection on WonderClub |