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      Book

      Principles of Economics in a Nutshell
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      Book

      Principles of Economics in a Nutshell

      DOI link for Principles of Economics in a Nutshell

      Principles of Economics in a Nutshell book

      Principles of Economics in a Nutshell

      DOI link for Principles of Economics in a Nutshell

      Principles of Economics in a Nutshell book

      ByLorenzo Garbo, Dorene Isenberg, Nicholas Reksten
      Edition 1st Edition
      First Published 2020
      eBook Published 30 April 2020
      Pub. Location London
      Imprint Routledge
      DOI https://doi.org/10.4324/9780429316739
      Pages 162
      eBook ISBN 9780429316739
      Subjects Economics, Finance, Business & Industry
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      Garbo, L., Isenberg, D., & Reksten, N. (2020). Principles of Economics in a Nutshell (1st ed.). Routledge. https://doi.org/10.4324/9780429316739

      ABSTRACT

      Principles of Economics in a Nutshell provides a succinct overview of contemporary economic theory. This key text introduces economics as a social science, presenting the discipline as an evolving field shaped within historical context rather than a fixed set of ideas.

      Chapters on microeconomics introduce concepts of scarcity and tradeoffs, market analysis (the Marshallian cross of supply and demand) and the theory of the firm and market structure. Chapters on macroeconomics begin with an explanation of national income accounting, followed by discussions of macroeconomic theory in the goods market and in the money market from both a Keynesian and Classical view. The text concludes with examples of how to expand upon core material, introducing the perspectives of feminist and ecological economics.

      This book will be of great importance to students new to economics and is ideal for use on single-semester Principles courses or as a primer on economics courses in other settings. The text is fully supported by online resources, which include a set of analytical questions and suggestions for further reading for each chapter.

      TABLE OF CONTENTS

      chapter 1|17 pages

      More than just the stock market

      Introduction to economics

      chapter 2|10 pages

      Not in the Garden of Eden

      Scarcity and tradeoffs

      chapter 3|28 pages

      Led by an invisible hand

      The market

      chapter 4|22 pages

      Inside the magic box

      Productivity, costs, and profit maximization

      chapter 5|19 pages

      Understanding the wealth of nations

      National income accounting

      chapter 6|23 pages

      In the short run we are alive

      Macroeconomic theory and policy: the goods market

      chapter 7|14 pages

      Money changes everything

      Macroeconomic theory and policy: the money market

      chapter 8|10 pages

      The embedded economy

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