TAILIEUCHUNG - Ebook Economics principles and policy (11th edition): Part 2

(BQ) Part 2 book "Economics principles and policy" has contents: Pricing the factors of production; poverty, inequality, and discrimination; an introduction to macroeconomics; aggregate demand and the powerful consumer; money and the banking system; budget deficits in the short and long run,.and other contents. | Find more at Part The Distribution of Income I n Part 5, we examine how a market economy distributes its income, using the price mechanism, with the prices of the inputs to the production process determined by supply and demand; that is, we investigate what determines the share of total output that goes to workers, to landowners, to investors, etc. We will see that the market assigns a central role to the marginal productivity of each of these recipients—how much of a marginal contribution each makes to the economy’s total output. In Chapter 19, we will study the payments made for the use of capital (interest), land (rent), and the reward to entrepreneurs (profits). Because most people earn their incomes primarily from wages and salaries, and because these payments constitute nearly threequarters of . national income, our analysis of the payments to labor (wages) merits a separate chapter (Chapter 20). In Chapter 21, we turn to some important problems in the distribution of income—poverty, inequality, and discrimination. C H A P T E R S 19

• Kinh tế học
• Economics principles and policy
• Economics principles
• Aggregate demand
• The powerful consumer
• The banking system
• Budget deficits
• Monetary policy
• Principles of economics
• Lecture Principles of economics
• Macroeconomic policy
• Debate over macroeconomic policy
• Stabilize the economy
• Stabilization policy
• Demand shocks
• Aggregate inflation shock
• The economy
• Investing in business
• Between competition
• The industry under perfect competition
• Resource allocation
• Public goods
• Tax policy
• Government decisions
• Market imperfections
• The international economy
• Fiscal policy
• Short run equilibrium
• Central bank
• Central banking system
• Federal reserve
• Economic principles
• Economic policies
• Lecture Economics
• Economics of agriculture
• Economics of farm policy
• Farm policy
• Theory of liquidity preference
• Liquidity preference
• Money market
• Policy decisions
• Health care delivery
• Alternative coverage scheme
• Policy implications
• Health maintenance organization