ABSTRACT

First published in 1977, this is an applied economics text, in which the basic theory of any introductory economics couurse is applied to a whole range of UK macro- and micro-economic policy issues. The book is designed specifically for first and second year university students, with the aim of demonstrating the  relevance of theory to policy, how theory  can be applied to policy problems and, in the process, to improve their understanding of the theory itself.

part |1 pages

Part I METHODOLOGY

part |1 pages

Part II MACRO-ECONOMIC POLICY

chapter 4|9 pages

Unemployment

chapter 5|18 pages

Inflation

chapter 6|15 pages

The Balance of Payments

chapter 7|11 pages

Economic Growth

part |1 pages

Part III MICRO-ECONOMIC POLICY

chapter 9|8 pages

Large Firms, Mergers and Public Policy

chapter 10|9 pages

Monopoly, Mergers and Public Policy

chapter 12|10 pages

Subsidy Policy and the Regions

chapter 13|7 pages

Subsidy Policy and Lame Ducks