TY - BOOK AU - Stewart,James TI - Economic concepts and applications: the contemporary New Zealand environment SN - 144255522X U1 - 330.993 23 PY - 2012///] CY - [Auckland], N.Z. PB - Pearson KW - Economics KW - New Zealand KW - Economic conditions N1 - Includes bibliographical references (page 483) and index; Part One; Resources and sustainability --; 1; Allocating resources to maximise human welfare --; 2; Governments, markets and economic performance --; Part Two; The price mechanism --; 3; Demand and supply --; 4; Elasticity of demand and supply, and government policies --; Part Three; Theory of the Firm --; 5; Costs of production --; 6; Market structure and the revenue of a firm --; 7; Business decision-making strategy --; Part Four; Market failure and government intervention --; 8; Allocative efficiency in a pure market economy --; 9; Social goods and externalities --; 10; Government intervention --; Part Five; The macroeconomic environment --; 11; Circular flow of a nation's economy --; 12; Economic activity, the price level and living standards --; 13; The labour market --; 14; Aggregate demand and aggregate supply --; 15; Money and financial markets --; Part Six; Macroeconomic policy --; 16; Monetary policy --; 17; Fiscal policy --; 18; The public sector in New Zealand --; Part Seven; The environment of international trade --; 19; Benefits and costs of international trade --; 20; Balance of payments: a country's balance sheet --; 21; Foreign exchange market --; 22; New Zealand's development in a globalising economy; Written for: "students studying introductory courses on the New Zealand economy; [and] New Zealand Diploma in Business students of The Economic Environment 520 course; [and]Students studying the essentials of microeconomic and macroeconomic principles"--Back cover ER -