An Introduction to the Market System

by Kalman Goldberg

Overview

The overriding objective of this text is to help students understand the economic context in which they play out their personal and professional lives, both in the United States and in the world. It seeks to overcome the indifference of non-economics majors at the college level.

Product Details

ISBN-13:	9781315500997
Publisher:	Taylor & Francis
Publication date:	07/08/2016
Sold by:	Barnes & Noble
Format:	eBook
Pages:	480
File size:	5 MB

About the Author

Kalman Goldberg received his doctorate in economics from Cornell University. He has taught economics at Bradley University for forty-seven years, chaired the department for thirteen years, and achieved the rank of Distinguished Professor of Economics. He was the 1986 Illinois Professor of the Year and one of ten national finalists for the Case/Carnegie Endowment award. For more than forty years, he has taught Bradley’s one semester economics course to students from a variety of disciplines. He served for five years as a member of the Economic Education Committee of the American Economic Association.

Table of Contents

About Economics 1. Economists’ Methods 2. Why Are There Economic Systems? 3. The Emergence of the Market System 4. The Market System ’s Institutions 5. The Perfectly Competitive Market System: What to Produce 6. The Perfectly Competitive Market System: How and For Whom to Produce 7. Other Market Structures: Imperfect Competition 8. Our Labor Markets 9. For Whom Are We Producing? 10. The Role of Government in the Market System 11. World Markets: International Trade 12. Economic Development in the Developing and Transitional Economies 13. Measuring the Nation’s Income and Gross Domestic Product Business Cycles 14. Recessions, Inflation, and Economic Growth 15. Stabilizing the Market Economy: Fiscal Policy 16. Stabilizing the Market Economy: Monetary Policy

Editorial Reviews

More sophisticated in approach and appearance than the average introductory economics textbook, this book begins with economists' methods and the history of the market system, then discusses the market system's institutions; what, how and for whom to produce; the market system in the US; labor markets; income distribution; the role of government in the market system; international trade and economic development in the developing and transitional economies; the problems of instability and economic growth; and monetary policy. Goldberg is Distinguished Professor of Economics at Bradley U. and the author of several book and articles. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews