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Principles of Economics 2e

Index

Principles of Economics 2eIndex

A
A.W. Phillips 25.3 The Phillips Curve
additional external costs 12.1 The Economics of Pollution
adjustable-rate mortgage (ARM) 22.5 Indexing and Its Limitations
adverse selection of wage cuts argument 21.3 What Causes Changes in Unemployment over the Short Run
Affirmative action 14.5 Employment Discrimination
Age Discrimination in Employment Act 14.5 Employment Discrimination
aggregate demand/aggregate supply (AD/AS) Introduction to Money and Banking
aggregate expenditure function Appendix D The Expenditure-Output Model
aggregate expenditure line Appendix D The Expenditure-Output Model
aggregate expenditure schedule Appendix D The Expenditure-Output Model
Agriculture and Food Research Initiative (AFRI) 13.2 How Governments Can Encourage Innovation
Aid to Families with Dependent Children (AFDC) 15.3 The Safety Net
Alexander Gerschenkron 20.4 Economic Convergence
American Recovery and Reinvestment Act of 2009 25.2 The Building Blocks of Keynesian Analysis
Antitrust Division of the Justice Department 10.2 Oligopoly
antitrust laws 11.1 Corporate Mergers
Asian Financial Crisis 32.5 Balance of Trade Concerns
asset-liability time mismatch 27.3 The Role of Banks
Average total cost 7.3 Costs in the Short Run
average variable cost 7.3 Costs in the Short Run
B
balance sheet 27.3 The Role of Banks
Bank regulation 28.2 Bank Regulation
basic quantity equation of money 28.5 Pitfalls for Monetary Policy
basket of goods and services 22.1 Tracking Inflation
bilateral monopoly 14.4 Bilateral Monopoly
Bipartisan Campaign Reform Act (BCRA) 18.1 Voter Participation and Costs of Elections
budget constraint (or budget line) 6.1 Consumption Choices
budget constraint line 15.2 The Poverty Trap
budget deficit 30.1 Government Spending
budget surplus 30.1 Government Spending
Bureau of Economic Analysis (BEA) 23.1 Measuring Trade Balances
business confidence 24.4 Shifts in Aggregate Demand
C
Celler-Kefauver Act 11.1 Corporate Mergers
certificate of deposit (CD) 17.2 How Households Supply Financial Capital
certificates of deposit (CDs) 27.2 Measuring Money: Currency, M1, and M2
Civil Rights Act of 1964 14.5 Employment Discrimination
Civil Rights Act of 1991 14.5 Employment Discrimination
Clayton Antitrust Act 11.1 Corporate Mergers
coins and currency in circulation 27.2 Measuring Money: Currency, M1, and M2
collusion 10.2 Oligopoly
command-and-control regulation 12.2 Command-and-Control Regulation
Commodity-backed currencies 27.1 Defining Money by Its Functions
common resources 13.3 Public Goods
competitive market 14.5 Employment Discrimination
concentration ratio 11.1 Corporate Mergers
constant returns to scale 7.5 Costs in the Long Run
consumer confidence 24.4 Shifts in Aggregate Demand
consumer equilibrium 6.1 Consumption Choices
corporate income tax 30.2 Taxation
cost-of-living adjustments (COLAs) 22.5 Indexing and Its Limitations
cost-plus regulation 11.3 Regulating Natural Monopolies
County and Municipal Employees (AFSCME) 14.3 Market Power on the Supply Side of Labor Markets: Unions
credit union 27.3 The Role of Banks
cross-price elasticity of demand 5.4 Elasticity in Areas Other Than Price
current account balance 23.1 Measuring Trade Balances
D
demand and supply diagram 3.5 Demand, Supply, and Efficiency
demand curves 11.1 Corporate Mergers
depository institutions 27.3 The Role of Banks
diminishing marginal productivity 7.3 Costs in the Short Run
direct investment 29.4 Exchange Rate Policies
diseconomies of scale 7.5 Costs in the Long Run
disruptive market change 34.5 The Tradeoffs of Trade Policy
double coincidence of wants 27.1 Defining Money by Its Functions
duopoly 10.2 Oligopoly
E
earned income tax credit (EITC) 15.3 The Safety Net
Equal Employment Opportunity Commission (EEOC) 14.5 Employment Discrimination
Equal Pay Act of 1963 14.5 Employment Discrimination
estate and gift tax 30.2 Taxation
excise tax 30.2 Taxation
expenditure-output model Appendix D The Expenditure-Output Model
exports of goods and services as a percentage of GDP 23.2 Trade Balances in Historical and International Context
F
Factor payments 7.3 Costs in the Short Run
Federal Deposit Insurance Corporation (FDIC) 17.2 How Households Supply Financial Capital, 28.2 Bank Regulation
Federal Open Market Committee (FOMC) 28.3 How a Central Bank Executes Monetary Policy
Federal Trade Commission 10.2 Oligopoly
first rule of labor markets 14.1 The Theory of Labor Markets
floating exchange rate 29.4 Exchange Rate Policies
Foreign direct investment (FDI) 29.1 How the Foreign Exchange Market Works
free rider 13.3 Public Goods
G
game theory 10.2 Oligopoly
I
immigrants 14.6 Immigration
income elasticity of demand 5.4 Elasticity in Areas Other Than Price
indifference curve Appendix B Indifference Curves
individual income tax 30.2 Taxation
inflation targeting 28.5 Pitfalls for Monetary Policy
initial public offering (IPO) 17.1 How Businesses Raise Financial Capital
Interest and dividends 7.3 Costs in the Short Run
international capital flows 29.4 Exchange Rate Policies
international externalities 12.5 International Environmental Issues
international financial flows 29.4 Exchange Rate Policies
International Trade Commission (ITC) 18.3 Flaws in the Democratic System of Government
intertemporal decision making 4.2 Demand and Supply in Financial Markets
L
labor-leisure budget constraint 15.2 The Poverty Trap
labor-leisure diagram Appendix B Indifference Curves
Law of Diminishing Marginal Product 7.2 Production in the Short Run
law of diminishing returns 20.4 Economic Convergence
lender of last resort 28.2 Bank Regulation
leviathan effect 7.5 Costs in the Long Run
long-run average cost (LRAC) curve 7.5 Costs in the Long Run
M
marginal propensity to consume (MPC) Appendix D The Expenditure-Output Model
marginal propensity to import (MPI) Appendix D The Expenditure-Output Model
marginal propensity to save (MPS) Appendix D The Expenditure-Output Model
marginal rate of substitution Appendix B Indifference Curves
marginal tax rates 30.2 Taxation
Marginal utility per dollar 6.1 Consumption Choices
market share 11.1 Corporate Mergers
marketable permit program 12.3 Market-Oriented Environmental Tools
maximizing utility 6.1 Consumption Choices
merchandise trade balance 23.1 Measuring Trade Balances
merged currency 29.4 Exchange Rate Policies
Michael S. Clune 14.6 Immigration
money multiplier formula 27.4 How Banks Create Money
N
National Academy of Engineers 13.2 How Governments Can Encourage Innovation
National Academy of Scientists 13.2 How Governments Can Encourage Innovation
National Association of Insurance Commissioners 16.2 Insurance and Imperfect Information
National Bureau of Economic Research 32.5 Balance of Trade Concerns
National Bureau of Economic Research (NBER) 19.3 Tracking Real GDP over Time
National Credit Union Administration (NCUA) 28.2 Bank Regulation
National Institutes of Health 13.2 How Governments Can Encourage Innovation
National Labor-Management Relations Act 14.3 Market Power on the Supply Side of Labor Markets: Unions
national saving and investment identity 23.4 The National Saving and Investment Identity
National Venture Capital Association 17.1 How Businesses Raise Financial Capital
Natural Resources (Land and Raw Materials) 7.2 Production in the Short Run
negative externalities 18.2 Special Interest Politics
negative externality 12.1 The Economics of Pollution
non-rival 13.3 Public Goods
nonexcludable 13.3 Public Goods
P
Patient Protection and Affordable Care Act (PPACA) 16.2 Insurance and Imperfect Information
Patient Protection and Affordable Care Act (PPACA) Introduction to Information, Risk, and Insurance
payment system 27.3 The Role of Banks
payroll tax 30.2 Taxation
Per capita GDP 22.1 Tracking Inflation
percentage change 22.1 Tracking Inflation
Perfectly Competitive Labor Market 14.1 The Theory of Labor Markets
perfectly elastic 10.1 Monopolistic Competition
Pew Research Center for People and the Press 3.3 Changes in Equilibrium Price and Quantity: The Four-Step Process
pork-barrel spending 18.2 Special Interest Politics
positive externality 12.1 The Economics of Pollution
poverty trap 15.2 The Poverty Trap
present discounted value (PDV) Appendix C Present Discounted Value
price cap regulation 11.3 Regulating Natural Monopolies
prisoner’s dilemma 10.2 Oligopoly
product differentiation 10.1 Monopolistic Competition
production possibilities frontier (PPF) 2.2 The Production Possibilities Frontier and Social Choices
production technologies 7.5 Costs in the Long Run
profit-maximizing 10.1 Monopolistic Competition
profits 10.2 Oligopoly
progressive tax 30.2 Taxation
proportional tax 30.2 Taxation
public good 13.3 Public Goods
R
Raw materials prices 7.3 Costs in the Short Run
regressive tax 30.2 Taxation
S
safety net 15.3 The Safety Net
Sebastian Edwards 32.5 Balance of Trade Concerns
Securitization 27.3 The Role of Banks
Sherman Antitrust Act 11.1 Corporate Mergers
short run aggregate supply (SRAS) curve 24.2 Building a Model of Aggregate Demand and Aggregate Supply
short-run average cost (SRAC) curves 7.5 Costs in the Long Run
Social Security Indexing Act of 1972 22.5 Indexing and Its Limitations
special economic zones (SEZ) 20.3 Components of Economic Growth
Special interest groups 18.2 Special Interest Politics
Special Supplemental Food Program for Women, Infants and Children (WIC) 15.3 The Safety Net
Standard & Poor’s 500 index 17.2 How Households Supply Financial Capital
standard of deferred payment 27.1 Defining Money by Its Functions
standardized employment budget 30.5 Automatic Stabilizers
subprime loans 27.3 The Role of Banks
Supplemental Nutrition Assistance Program (SNAP) 15.3 The Safety Net
supply curves 11.1 Corporate Mergers
T
Temporary Assistance for Needy Families (TANF) 15.3 The Safety Net
The Land of Funny Money 22.4 The Confusion Over Inflation
the law of increasing opportunity cost 2.2 The Production Possibilities Frontier and Social Choices
total utility 6.1 Consumption Choices
Transaction costs 27.3 The Role of Banks
Tyler Cowen 13.3 Public Goods
U
U.S. Department of Commerce 23.1 Measuring Trade Balances
U.S. Department of the Treasury 17.1 How Businesses Raise Financial Capital
U.S. Patent and Trademark Office 20.3 Components of Economic Growth
unilateral transfers 23.1 Measuring Trade Balances
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