Table of Contents
Economics for Business
PART 1 Economic concepts and systems
Economic concepts
Economic systems
PART 2 The price mechanism
Demand, supply and equilibrium
Price and income elasticity
PART 3 Market structures
Market structures and the Australian capitalist economy
Contemporary market capitalism: Price and output determination
in different market structures
Appendix to Chapter 6: Break-even analysis
Government market intervention in the Australian economy
PART 4 Fundamental macroeconomic concepts
The circular flow
Measuring the economy–s size and growth
Aggregate demand and aggregate supply
The labour force
Inflation
PART 5 The Australian financial system
Money and interest
Financial institutions
Financial regulation: Australian and global trends
PART 6 Wealth creation
Wealth creation
Appendix to Chapter 16: Financial modelling techniques for business
and personal decisionsPART 7 Australia in the international economy
Australia–s international trade and investment
The balance of payments
The exchange rate
PART 8 Economic policies
Structural change
Macroeconomic management in Australia
Fiscal policy
Monetary policy
External policy
PART 9 Economic growth and development
Economic growth
Economic development
About the Author
Ian Fraser is currently the Dean of Business at the Royal Melbourne
Institute of Technology. He has co-authored on the first, second
and third editions of Economics for Business. Dr John Gionea has
coordinated international trade, economics and international
management courses in Melbourne, Singapore, Hong Kong, and Kuala
Lumpur, since 1992. He is a graduate of Paris Chamber of Commerce
and Industry, the Academy of Economic Studies (Romana) and the
International Marketing Institute (Harvard). He currently works as
a part-time lecturer at the Swinburne University of Technology in
Victoria. He co-authored the first and second editions of Economics
for Business in 1999 and 2004, and has also authored International
Trade and Investment, in 2002. Simon Fraser has worked as a
lecturer at RMIT. he has also co-authored the first and second
editions of Economics for Business for McGraw-Hill Australia.
