IES Management College And Research Centre

A textbook of economic theory,

Stonier, Alfred W.

A textbook of economic theory, Alfred W Stonier and Douglas C. Hague - 5 - Pearson India Education Services Pvt Ltd. Noida c1980 - 724 p. Paper

I: Micro-economic Theory

Demand and Supply
Consumer’s Demand
Indifference Curve Analysis
Revealed Preferences
Equilibrium of the Firm
Competitive Industry
Competitive Equilibrium
Monopoly
Monopolistic Competition
Laws of Returns
Marginal Productivity
Wages
Rent
Interest
Profits
Interrelations between Factors and Markets

II: Macro-economic Theory

General Equilibrium and Employment
Money
Employment and Income
Consumption
Investment
The rate of Interest
The Macro-economic System
Keynes, the ‘Classical’ Economists and the Monetarists
Keynes and the ‘Keynesians’

III: The Theory of Growth

Some Basic Concepts
A Simple Growth Model
Technical Progress and capital Accumulation

This book is for students with little or no previous knowledge of economic theory who intend to study the subject systematically and provides a general introduction to the theory while not including the special problems of international trade, public finance and welfare economics. Some parts of the book will be useful to more advanced students. The changes in this edition concentrate on the developments in macro-economic theory resulting from the interaction recently between the ‘monetarists' and ‘Keynesians', and one chapter now gives an account of ‘monetarism' and the succeeding chapter presents the refinements and extension of Kaynes' own ideas.

9788131717257


Economics

330

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