Chapter 1. The essence of market economy
1.1. History of development
1.2. Classification of markets
1.3. Features of markets
1.4. “Invisible hand” of market economy
Chapter 2. Markets instruments. Advantages and disadvantages of market economy
2.1. Merits of market economy
2.2. Demerits of market economy
Chapter 3. Modern market economy. The world crisis and market economy
1.""Bernanke-Four Questions"". Federalreserve.gov. April 14, 2009. http://www.federalreserve.gov.htm. Retrieved May 1, 2010.
2.Brookings - Financial Crisis (PDF). http://www.brookings.edu. Retrieved May 1, 2010.
3.""Declaration of G20"". Whitehouse.gov. http://georgewbush-whitehouse. archives.gov/news/. Retrieved February 27, 2009.
4.""Episode 06292007"". Bill Moyers Journal. PBS. June 29, 2007. Transcript.
5.""Obama-Regulatory Reform Speech June 17, 2009"". Whitehouse.gov. June 18, 2009. http://www.whitehouse.gov/the_press_office/Remarks-of-the-President-on-Regulatory-Reform/. Retrieved May 1, 2010.
6.Cossa, Luigi. An Introduction to the Study of Political Economy, London and New York: Macmillan, 2003, 356p.
7.Ekelund, Robert B., Jr. and Robert F. Hebert A Hist
Показать всеory of Economic Theory and Method. Waveland Press. 5th ed. ISBN `1-57766-486-8.Description, 2007, 423p.
8.Fusfeld, Daniel R. The Age of the Economist, Harper Collins, 7th Ed, 2007, 412p, ISBN 0673468054,
9.Hague, William. William Pitt the Younger Harper Perennial, 2004, ISBN 0007147201
10.Heilbroner, Robert, The Worldly Philosophers, Simon & Schuster 7th Ed. 2009, 506p, ISBN 0-684-86214-X
11.Lahart, Justin (December 24, 2007). ""Egg Cracks Differ In Housing, Finance Shells"". The Wall Street Journal. http://online.wsj.com/article/SB119845906460548071.html. Retrieved July 13, 2008.
12.Macfie, Alec Lawrence, ""The Scottish Tradition in Economic Thought"". Econ Journal Watch 6(3): 389-410. Reprinted from Scottish Journal of Political Economy 2(2): 81-103, 2005, 305p.
13.Markwell, Donald. John Maynard Keynes and International Relations: Economic Paths to War and Peace, Oxford University Press, 2006, 304p.
14.Medema, Steven G., abd Warren J. Samuels,. The History of Economic Thought: A Reader. Routledge. Description & chapter links, pp. vii-ix, 2003.
15.Mochrie, Robert. Justice in Exchange: The Economic Philosophy of John Duns Scotus, 2005, 256р.
16.Nicola, PierCarlo. Mainstream Mathermatical Economics in the 20th Century. Springer, 2009, 305p. ISBN 9783540670841. http://books.google.com/?id? 12.12.10.
17.Pressman, Steven. Fifty Major Economists, Routledge, 2006, ISBN 0415366496
18.Roubini-10 Risks to Global Growth. Forbes. May 27, 2009. http://www.forbes.com/2009/05/27/recession-depression-global-economy-growth-opinions-columnists-nouriel-roubini.html. Retrieved May 1, 2010.
19.Schumpeter, Joseph, History of Economic Analysis, Description. Chapter-preview links for Parts I-V (arrow-page searchable). Routledge Ed. 2007, 1,260 pp. ISBN 0415108926
20.Screpanti, Ernesto, Stefano Zamagni. An Outline of the History of Economic Thought, 2nd ed. Oxford University Press. Description & ch.-preview links, 2005, pp. xi-xviii
21.Spengler, Joseph J., and William R. Allen, ed. Essays in Economic Thought: Aristotle to Marshall+. Rand McNally. 2004, 561p.
22.Spiegel, Henry William, The Growth of Economic Thought, Duke University Press, 3rd Ed. 1999, 532p, ISBN 0822309653
23.Stephen, Leslie, ""Smith, Adam"". Dictionary of National Biography, 1885–1900. London: Smith, Elder & Co. 2005, 245p.
24.Stigler, George J. Essays in the History of Economics. University of Chicago Press. 2005, 605p.
25.This American Life. ""NPR-The Giant Pool of Money-April 2009. Pri.org. http://www.pri.org/business/giant-pool-of-money.html. Retrieved May 1, 2010.
26.Three top economists agree 2009 worst financial crisis since great depression; risks increase if right steps are not taken. (February 29, 2009). Reuters. Retrieved 2009-09-30, from Business Wire News database.
27.World Economic Outlook: Crisis and Recovery, April 2009 (PDF). http://www.imf.org/external/pubs/ft/weo/2009/01/pdf/text.pdf. Retrieved May 1, 2010. Скрыть
In my work has been studied the main definition of market.
- Economics is best described as the study of humans behaving in response to having only limited resources to fulfill unlimited wants and needs.
- Scarcity refers to the limited resources in an economy. Macroeconomics is the study of the economy as a whole. Microeconomics analyzes the individual people and companies that make up the greater economy.
- The Production Possibility Frontier (PPF) allows us to determine how an economy can allocate its resources in order to achieve optimal output. Knowing this will lead countries to specialize and trade products amongst each other rather than each producing all the products it needs.
- Demand and supply refer to the relationship price has with the quantity consumers deman
Показать всеd and the quantity supplied by producers. As price increases, quantity demanded decreases and quantity supplied increases.
- Elasticity tells us how much quantity demanded or supplied changes when there is a change in price. The more the quantity changes, the more elastic the good or service. Products whose quantity supplied or demanded does not change much with a change in price are considered inelastic.
- Utility is the amount of benefit a consumer receives from a given good or service. Economists use utility to determine how an individual can get the most satisfaction out of his or her available resources.
- Market economies are assumed to have many buyers and sellers, high competition and many substitutes. Monopolies characterize industries in which the supplier determines prices and high barriers prevent any competitors from entering the market. Oligopolies are industries with a few interdependent companies. Perfect competition represents an economy with many businesses competing with one another for consumer interest and profits.
Merits of Market economy:
- the market produces a wide variety of goods and services to meet the consumer's wants; Скрыть
за 10 минут
Эта работа вам не подошла?
У наших авторов вы можете заказать любую учебную работу от 200 руб.
Оформите заказ и авторы начнут откликаться уже через 10 минут!
Заказать курсовую работу