TAILIEUCHUNG - Principles of macroeconomics

PRINCIPLES OF MACROECONOMICS, Sixth Edition, became a best seller after its introduction and continues to be the most popular and widely used text in the economics classroom. | ầ IN THIS CHAPTER YOU WILL . . . Learn that economics is about the allocation of scarce resources Examine some of the tradeoffs that people face Learn the meaning of opportunity cost See how to use marginal reasoning when making decisions TEN PRINCIPLES OF ECONOMICS Discuss how incentives affect people s behavior The word economy comes from the Greek word for one who manages a household. At first this origin might seem peculiar. But in fact households and economies have much in common. A household faces many decisions. It must decide which members of the household do which tasks and what each member gets in return Who cooks dinner Who does the laundry Who gets the extra dessert at dinner Who gets to choose what TV show to watch In short the household must allocate its scarce resources among its various members taking into account each member s abilities efforts and desires. Like a household a society faces many decisions. A society must decide what jobs will be done and who will do them. It needs some people to grow food other people to make clothing and still others to design computer software. Once society has allocated people as well as land buildings and machines to various jobs Consider why trade among people or nations can be good for everyone Discuss why markets are a good but not perfect way to allocate resources Learn what determines some trends in the overall economy 3 4 PART ONE INTRODUCTION scarcity the limited nature of society s resources economics the study of how society manages its scarce resources it must also allocate the output of goods and services that they produce. It must decide who will eat caviar and who will eat potatoes. It must decide who will drive a Porsche and who will take the bus. The management of society s resources is important because resources are scarce. Scarcity means that society has limited resources and therefore cannot produce all the goods and services people wish to have. Just as a household cannot give every member .

• Quản trị kinh doanh
• Principles of macroeconomics
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• business strategy
• Macroeconomics principles
• Macroeconomics policy
• An introduction to macroeconomics
• Aggregate demand
• The powerful consumer
• Supply and demand
• Principles of economics
• Lecture Principles of economics
• Open economy macroeconomics
• Economy macroeconomics
• Closed economy
• Open economy
• Macroeconomics principles and policy
• The banking system
• Budget deficits
• International trade
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• Ten Principles of Economics
• Th inking Like an Economist
• Interdependence and the Gains from Trade
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• The real economy
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• The great recession
• Exchange rates
• Method of economic
• Supply applications
• Introduction to macroeconomics
• Equilibrium output
• Fiscal policy
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• Principles of microeconomics
• Economic models
• Science of macroeconomics
• Tools of microeconomics
• Microeconomic transactions
• Data of macroeconomics
• Aggregate supply
• The open economy
• The macroeconomy
• Financial crises
• Developing economies
• Alternative views
• Natural rate of unemployment
• Consumer price index
• National income
• Agriculture sector
• Agricultural policies