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  • Textbook
  • © 1995

Essential Readings in Economics

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Table of contents (21 chapters)

  1. Front Matter

    Pages i-x
  2. Introduction

    1. Introduction

      • S. Estrin, A. Marin
      Pages 1-16
  3. Theory of Consumer Demand

    1. Front Matter

      Pages 17-17
    2. The Law of Consumer’s Demand

      • J. R. Hicks
      Pages 19-33
  4. Theory of the Firm and Supply

    1. Front Matter

      Pages 35-35
    2. The Nature of the Firm

      • R. H. Coase
      Pages 37-54
    3. Monopoly and Resource Allocation

      • A. C. Harberger
      Pages 77-90
  5. General Equilibrium and Welfare

    1. Front Matter

      Pages 127-127
    2. The Anatomy of Market Failure

      • F. Bator
      Pages 129-158
  6. Economics of Uncertainty and Information

    1. Front Matter

      Pages 173-173
  7. Inflation and Unemployment

    1. Front Matter

      Pages 189-189
    2. The Role of Monetary Policy

      • M. Friedman
      Pages 215-231
    3. Inflation and Unemployment

      • J. Tobin
      Pages 232-254
  8. The Nature of Unemployment

    1. Front Matter

      Pages 255-255
    2. Unemployment Policy

      • R. E. Lucas Jr.
      Pages 257-263

About this book

Intellectual advances in economics often come from debates that have been long forgotten but which offer context, depth and clarity to contemporary study. Essential Readings in Economics makes available in a single volume some of the seminal papers in the areas of microeconomics and macroeconomics for intermediate courses in economic principles. The readings are organised in two groups: Microeconomics and Macroeconomics. Part 1 looks at topics ranging from 'The Theory of Demand' and 'The Firm and Supply' to 'The Economics of Uncertainty and Information'. In Part 2 the wide ranging debates over the last 55 years are illustrated with contributions from Keynes, Friedman, Phillips and other leading Economists. This vigorous and accessible collection of readings is intended to supplement and extend the understanding students could obtain from conventional introductory textbooks.

Editors and Affiliations

  • London Business School, UK

    Saul Estrin

  • London School of Economics, UK

    Alan Marin

Bibliographic Information

  • Book Title: Essential Readings in Economics

  • Editors: Saul Estrin, Alan Marin

  • DOI: https://doi.org/10.1007/978-1-349-24002-9

  • Publisher: Red Globe Press London

  • eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)

  • Copyright Information: Macmillan Publishers Limited 1995

  • Edition Number: 1

  • Number of Pages: X, 400

  • Additional Information: Previously published under the imprint Palgrave

  • Topics: Economics, general