The Business Policy Game or Fundamentals of Economics

The Business Policy Game: An International Simulation: Player's Manual

Author: Richard V Cotter

The Business Policy Game is a general management simulation that provides students with a challenging decision-making exercise. It has been used successfully with groups of upper-class undergraduates and graduate students in business adminstration and in executive development programs. Includes one 31/2 inch diskette.

See also: Java Programming for the Absolute Beginner or Cmmi and Six SIGMA

Fundamentals of Economics

Author: William Boyes

Fundamentals of Economics remains the first brief survey textbook to thoroughly integrate international economic issues while retaining concise coverage of core economic models.

• Fundamental Questions preview key points at the beginning of each chapter, reappear next to the relevant in-text discussion, and form the basis of chapter-ending summaries.
• International topics include the effects of exchange rates on individual markets, price discrimination on an international scale, multinationals, measuring national and international economies, a comparative analysis of different countries' fiscal policies, and international banking.

Table of Contents:

Contents

Note: Each chapter includes a Summary, Key Terms, Exercises, and a Study Guide.

• I. The Price System
• 1. Economics and the World Around You
  The Definition of Economics
  Specialization and Exchange
  Trade

  Appendix to Chapter 1: Working with Graphs: The Production Possibilities Curve

  Reading and Constructing Graphs

  Application: The PPC

  2. Markets and the Market Process

  Allocation Mechanisms

  How Markets Function

  Demand

  Supply

  Equilibrium: Putting Demand and Supply Together

  Alternatives to Market Allocation

  3. Applications of Demand and Supply

  The Market for Low-Carb Foods

  The Labor Market

  Market Intervention: Medical Care, Rent Controls, and Agricultural Price Supports

  II. Consumers, Firms, and Social Issues

  4. The Firm and the Consumer

  Revenue

  How Does a Firm Learn About Its Demand?

  Knowing the Customer

  What's to Come?

  5. Costs and Profit Maximization

  Costs

  Maximizing Profit

  The Profit-Maximizing Rule: MR = MC

  6. Competition and Market Structures

  Characteristics of the Market Structures

  Firm Behavior in the Long Run

  The Benefits of Competition

  7. Competition, Cooperation, and the Government

  Price Strategies for Independent Firms

  Firm Behavior When There Are Few Rivals

  Government and Firms

  8. Social Issues

  The Environment

  Illicit Drugs

  Discrimination

  Minimum Wages

  Income Inequality and Poverty

  III. The National and Global Economies

  9. An Overview of the National and International Economies

  Households

  Business Firms

  The International Sector

  Overview of the U.S. Government

  Linking theSectors

  10. Macroeconomic Measures

  Measures of Output and Income

  Nominal and Real Measures

  Flows of Income and Expenditures

  The Foreign Exchange Market

  The Balance of Payments

  11. Unemployment, Inflation, and Business Cycles

  Business Cycles

  Unemployment

  Inflation

  12. Macroeconomic Equilibrium: Aggregate Demand and Supply

  Aggregate Demand, Aggregate Supply, and Business Cycles

  Factors That Influence Aggregate Demand

  The Aggregate Demand Curve

  Aggregate Supply

  Aggregate Demand and Supply Equilibrium

  13. Fiscal Policy

  Fiscal Policy and Aggregate Demand

  Fiscal Policy in the United States

  Fiscal Policy in Different Countries

  14. Money and Banking

  What is Money?

  Banking

  Banks and the Money Supply

  IV. Macroeconomic Policy

  15. Monetary Policy

  The Federal Reserve System

  Implementing Monetary Policy

  Monetary Policy and Equilibrium Income

  The European Central Bank

  16. Macroeconomic Policy, Business Cycles, and Growth

  The Phillips Curve

  The Role of Expectations

  Sources of Business Cycles

  The Link Between Monetary and Fiscal Policies

  Economic Growth

  17. Issues in International Trade and Finance

  An Overview of World Trade

  International Trade Restrictions

  Exchange Rate Systems and Practices

  18. Globalization

  The Meaning of Globalization

  Globalization Controversy

  Globalization, Economic Growth, and Incomes

  Financial Crises and Globalization