» Từ khóa: understanding economics

Chapter 6 - Monopoly and imperfect competition. In this chapter you will: Consider the demand conditions faced by monopolists, monopolistic competitors, and oligopolists; see how monopolists, monopolistic competitors, and oligopolists maximize profits; learn about nonprice competition, and the arguments over industrial concentration.

 37 p hce 28/04/2016 221 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Imperfect competition, Monopolist’s demand

Chapter 7 - Wages, rent, interest, and profit. In this chapter you will consider how businesses choose the profit-maximizing amount of a resource they use when they are price-takers in the product markets in which they sell their products; look at the case where businesses are price-makers in their product markets and analyze the factors that change resource demand and affect the price elasticity of resource demand;...

 34 p hce 28/04/2016 410 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Demand for resources, Competitive labour market

In this chapter you will: Learn about Gross Domestic Product (GDP) and the two approaches to calculating it, consider real GDP and per capita GDP and their possible uses and limitations when comparing living standards in different years or different countries, analyze other economic measures developed from the national income accounts.

 33 p hce 28/04/2016 428 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, National income accounts, Gross Domestic Product

Chapter 5 - Perfect competition. In this chapter you will: Consider the four market structures, and the main differences among them; learn about the profit-maximizing rule and how perfectly competitors use it in the short run; examine how perfect competitive markets adjust in the long run, and the benefits they provide to consumers.

 26 p hce 28/04/2016 377 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Perfect competition, Market structures

In this chapter, you will: Learn about Canada’s foreign trade, trade relationships, and trading patterns; analyze the case for trade, based on absolute and comparative advantage; examine the impact of trade protection and the arguments for and against it; Learn about Canada’s trade policies from its beginnings as a country of recent international trade arrangements.

 34 p hce 28/04/2016 420 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Foreign trade, Canada’s trade patterns

Chapter 13 provides knowledge of money. In this chapter, you will: Examine the functions of money, its components, and the various definitions of money; learn about the demand for and supply of money and about equilibrium in the money market; see how money is created and consider the money multiplier.

 33 p hce 28/04/2016 421 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Functions of money, Money supply

Chapter 8 - Income distribution. In this chapter you will: Learn about the distribution of income among Canadian households, how this distribution is measured, and the factors underlying the distribution; consider the causes of poverty and the way poverty is measured; analyze the effectiveness of government intervention to change the distribution of income.

 22 p hce 28/04/2016 420 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Income distribution, Income inequality

Chapter 10 - Inflation and unemployment. In this chapter you will learn about inflation, how it is measured, and its effect on nominal and real incomes. This chapter also examine the official unemployment rate, the different types of unemployment, and the definition of full employment.

 30 p hce 28/04/2016 436 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Consumer price index, Inflation’s effects

Chapter 14 - Monetary policy. In this chapter, you will: Learn about the Bank of Canada and its functions, analyze the tools the Bank of Canada uses to conduct monetary policy, examine the tradeoff between inflation and unemployment.

 37 p hce 28/04/2016 425 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Monetary policy, Expansionary monetary policy

In this chapter, you will: Learn about expansionary and contractionary fiscal policies, which are used by governments seeking economic stability; analyze the multiplier effect of fiscal policy, as determined by the marginal propensities to consumer and withdraw; consider budget surpluses and deficits and their impact on public debt and public debt charges.

 45 p hce 28/04/2016 406 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Fiscal policy, Stabilization policies

Chapter 15 - The foreign sector. In this chapter, you will: Be introduced to the balance-of-payments accounts, which include the current account and the capital account; learn about exchange rates and how they are determined; examine exchange rate systems and their evolution.

 44 p hce 28/04/2016 383 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, The foreign sector, Balance of payments accounts

Chapter 17 - Economic growth. When you finish this chapter, you should: Learn about economic growth, its resources, and its impact; examine economic development, its dynamics, the vicious circle of poverty, and the strategies used to break the circle.

 30 p hce 28/04/2016 436 2 Download

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Economic growth, Growth strategies