Keith G. Lumsden Economics. - Heriot-Watt University, 2011
1
Economic Concepts, Issues and Tools
Economic Concepts, Issues and Tools
2
Demand
Demand
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Supply
Supply
4
The Market. Economic Efficiency
The Market. Economic Efficiency
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Organisation of Industries
Organisation of Industries
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Public Goods and Externalities. Income Distribution
Public Goods and Externalities. Income Distribution
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International Sector
International Sector
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Potential Output. The Circular Flow of Income
Potential Output. The Circular Flow of Income
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A Simple Model of Income
Determination. Expanded Model of Income
Determination
A Simple Model of Income
Determination. Expanded Model of Income
Determination
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Fiscal Policy. Money, the Central Bank and
Monetary Policy
Fiscal Policy. Money, the Central Bank and
Monetary Policy
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The Quantity Theory and the
Keynesian Theory of Money. Integration of the Real and Monetary Sectors of the Economy
The Quantity Theory and the
Keynesian Theory of Money. Integration of the Real and Monetary Sectors of the Economy
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Inflation and Unemployment. Economics and the World Today
Inflation and Unemployment.