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The economy (Record no. 561213)

MARC details
000 -LEADER
fixed length control field 01475 a2200181 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780198810247
040 ## - CATALOGING SOURCE
Transcribing agency IIT Kanpur
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 330
Item number E74
245 ## - TITLE STATEMENT
Title The economy
Remainder of title economics for a changing world
Statement of responsibility, etc CORE team
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher Oxford University Press
Year of publication 2017
Place of publication Oxford
300 ## - PHYSICAL DESCRIPTION
Number of Pages xxiii, 1126p
520 ## - SUMMARY, ETC.
Summary, etc The Economy begins with social interactions using elementary game theory and institutions modelled as rules of the game. This provides the basis for a modern treatment of markets including price-making as well as price-taking, the exercise of power, and the importance of social norms and adjustment to disequilibria.<br/><br/>Introducing labour and credit markets with incomplete contracts allows a consistent treatment of aggregate employment and fluctuations without the need for ad hoc sticky price and wage assumptions. Banks create money by extending credit and a central bank seeks to implement a target inflation rate.<br/><br/>Growth and instability are illustrated from the Great Depression, through the post-war golden age of capitalism through to the financial crisis and ensuing uncertainties. Students acquire an understanding of the past and current evolution of the economy in its social and environmental context, equipping them to marshal evidence and articulate positions about contemporary policy issues.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Economics -- Textbooks
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term International economic relations
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name CORE team
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Collection code Home library Current library Date acquired Source of acquisition Cost, normal purchase price Full call number Accession Number Cost, replacement price Koha item type
        General Stacks PK Kelkar Library, IIT Kanpur PK Kelkar Library, IIT Kanpur 06/03/2020 7 2650.02 330 E74 A185279 3897.09 Books

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