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Book Cover
E-book
Author Rinaldi, Gustavo

Title Economics for Policy Makers : a Guide for Non-Economists
Published Milton : Routledge, 2019

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Description 1 online resource (349 pages)
Contents Cover; Half Title; Title; Copyright; Contents; List of figures; List of tables; Foreword; Acknowledgements; Author's note; Microeconomics; Part I Introduction; 1 Economic profit; 1.1 The value of the best foregone alternative: the opportunity cost; 1.2 Sunk costs vs recoverable costs; 1.3 Accounting profit; 1.4 The economic profit: comparing two scenarios; 1.5 Different objectives of the firms; 2 Value added; 2.1 Intermediate consumption and value added; 2.2 Value added and vertical integration; Part II Production and costs; 3 Production and productivity
3.1 Rigid and flexible production techniques3.2 The measurement of efficiency; 3.3 Marginal productivity; 3.4 The cornerstone of industrial negotiations: unit labour cost; 4 Costs; 4.1 Fixed costs and variable costs; 4.2 Marginal and average costs; 4.3 Types of costs; 4.4 The Supply: is the firm ready to sell a certain quantity? At what price?; 4.5 A special cost: the cost of using the market or transaction cost; 5 Economies of scale; 5.1 Reducing the average cost of a firm; 5.2 The causes of economies of scale; 5.3 The limits to economies of scale
5.4 The minimum efficient size and concentrationPart III Customers and competitors; 6 Demand for the products of an industry and of a monopolist; 6.1 An industry and the demand for its product; 6.2 Demand and supply; 6.3 Total revenue and marginal revenue; 6.4 Price-elasticity; 6.5 The effects of income on demand: income-elasticity; 6.6 Price cross-elasticity: complements and substitutes; 7 Market environments; 7.1 Monopoly; 7.2 Perfect competition; 7.3 Oligopoly; 7.4 Monopolistic competition; Macroeconomics; Part IV Introduction to macroeconomics; 8 Key words of national accounts
8.1 Supply (sources) of goods: production (GDP) and imports8.2 Uses of goods: household consumption, private investment, government spending and export; 9 Money and prices; 9.1 Money and other financial assets; 9.2 The demand for and supply of money and the interest rate; 9.3 Money supply and prices; 9.4 Banks are special; 9.5 How much inflation is "too much"?; Part V Foreign economic relations; 10 The foreign trade of goods: exports and imports; 10.1 The quality of goods; 10.2 The (nominal) exchange rate and the exchange rate regimes; 10.3 The real exchange rate
10.4 The determinants of imports10.5 The determinants of exports; 11 Financial movements; 11.1 Main types of financial movements; 11.2 Advantages and disadvantages of foreign portfolio investments; 11.3 Advantages and disadvantages of foreign direct investment (FDI); 11.4 The freedom of movement of capital; 12 International accounts; 12.1 The current account of the balance of payments; 12.2 The capital account of the balance of payments; 12.3 The financial account of the balance of payments; 12.4 The international investment position (IIP); Part VI Fiscal policy
Notes 13 Monetary transfers: taxes, benefits, subsidies and social contributions
Print version record
Subject Economic policy.
Fiscal policy.
Expenditures, Public.
Social policy.
Commerce.
Public Policy
Commerce
public policy.
Commerce
Economic policy
Expenditures, Public
Fiscal policy
Social policy
Form Electronic book
ISBN 9780429754661
0429754663
9780429754654
0429754655