Economic English

书名页 1

版权页 2

前言 3

CONTENTS 5

CHAPTER 1 Introduction 9

TEXT A Why Study Economics 9

TEXT B What is Economics 14

TEXT C The Uses of Economics 24

CHAPTER 2Basic Concepts of Economics andBasic Problems of Economy 33

TEXT A Macro and Micro Economics 33

TEXT BThe Three Problems of Economic Organization 40

TEXT CMarket , Command, and Mixed Economics 44

CHAPTER 3Markets and Governmentsin a Modern Economy 53

TEXT A The Market Mechanism 53

TEXT BHow a Market Solvesthe Three Economic Problems 60

TEXT C Who Governs the Market 68

CHAPTER 4Basic Elements of Supply and Demand 78

TEXT A Introd uction to Supply and Demand 78

TEXT B Demand 83

TEXT C Supply 91

CHAPTER 5Labor , Land, and Capital 100

TEXT A Labor 100

TEXT B Land , Natural Resources, and Rent 108

TEXT C Capital 114

CHAPTER 6 Business Organization 121

TEXT A The Nature of the Firm 121

TEXT BBig, Small , and Infinitesimal Businesses 127

TEXT CFeatures of a Modern Corporation andAdvantages and Disadvantages of Corporations 133

CHAPTER 7Major Concepts in Macro Economics 138

TEXT A GNP, NNP and GDP 138

TEXT BConsumption, Income , and Saving 144

TEXT CInvestment and Capital Formation 153

CHAPTER 8 Money 160

TEXT A The Essence of Money 160

TEXT B Interest Rates 168

TEXT C Banking and the Supply of Money 175

CHAPTER 9The Federal Reserve System 184

TEXT A Structure of the Fede ral Reserve 184

TEXT B The Fed’s Operations 193

TEXT CInternational Reserve Movementsand Other Activities 204

CHAPTER 10Business Cycles and TheirEffects to the Economy 214

TEXT A Business Cycles 214

TEXT B Unemployment 224

TEXT C Inflation 233

CHAPTER 11Fiscal Policy , Budget , Deficits ,and the Government Debt 247

TEXT A Fiscal Policy 247

TEXT B Fiscal Deficits: Concepts and Trends 257

TEXT C Government Debt 267

CHAPTER 12International Trade and the Theoryof Comparative Advantage 277

TEXT AThe Sources of International Trade 277

TEXT B The Principle of Comparative Advantage 284

TEXT C Protectionism and Free Trade 292

Answer to Exercises 306