Applied Economics

Alan Griffiths, B.A., M.S.c., is Reader in Economics in the Ashcroft International Business School, Anglia Ruskin University, having previously been Tutor in Economics at the University College of Wales, Aberystwyth. He is a fellow of the Japan Foundation and visiting Professor of Economics at Yokohama National University. He has also worked as Research Officer at the Research Institute for the National Economy, Tokyo. Stuart Wall, BA, M.Sc., is Professor of Business and Economics Education in Anglia Ruskin University, and Head of the Department of International Business and Strategy. He has been a visiting lecturer, supervisor and examiner at Cambridge University. He has also acted as a consultant to the OECD Directorate for Science, Technology and Industry, and as a member of economic degree awarding bodies in the UK.

Contents
Preface
Acknowledgements
1 Changes in the UK economic structure
PART I: THEORY OF THE FIRM
2 Financial reports as a source of corporate information
3 Firm objectives and firm behaviour
4 The small firm
5 Mergers and acquisitions in the growth of the firm
6 Oligopoly
7 The multinational corporation
8 Privatization and deregulation
9 Pricing in practice
PART II: ENVIRONMENTAL, REGIONAL AND SOCIAL ECONOMICS
10 The economics of the environment
11 Regional and urban policy
12 Transport
13 Social policy
14 Distribution of income and wealth
15 Trade unions, wages and collective bargaining
PART III: MACROECONOMICS
16 Consumption and saving
17 Investment
18 Public expenditure
19 Taxation
20 Money and EMU
21 Financial institutions and markets
22 Inflation
23 Unemployment
24 Managing the economy
PART IV: INTERNATIONAL ECONOMICS
25 Globalization
26 Exchange rates
27 United Kingdom trade performance
28 Free trade, regional trading blocs and protectionism
29 The European Union
30 Growth and Development
A guide to sources
Statistical sources
Information sources
Other applied materials
Electronic Media
Internet sources
Notes on contributors
Index