Foundations of Economics, Global Edition, 9th edition

Published by Pearson (August 2, 2024) © 2024

  • Robin Bade University of Western Ontario
  • Michael Parkin Emeritus of University of Western Ontario

eTextbook in Pearson+

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  • More flexible. Start learning right away, on any device.
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Products list

In this eTextbook — More ways to learn

  • More flexible. Start learning right away, on any device.
  • More supportive. Get AI explanations and practice questions (select titles).
  • More interactive. Bring learning to life with audio, videos, and diagrams.
  • More memorable. Make concepts stick with highlights, search, notes, and flashcards.
  • More understandable. Translate text into 100+ languages with one tap.

Title overview

Foundations of Economics introduces you to economic principles you can use to navigate the financial decisions of your future. Each chapter concentrates on a manageable number of ideas, usually 3 to 4, with each reinforced several times throughout the text. This patient approach helps guide you through unfamiliar terrain and focuses you on the most important concepts and key skills, like reading and interpreting graphs.

The 9th Edition motivates with compelling issues and encourages learning with practice questions, to help you grasp and apply economic principles to the real world.

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

Table of contents

  1. 1 Getting Started
  2. 2 The US and Global Economies
  3. 3 The Economic Problem
  4. 4 Demand and Supply
  5. 5 Elasticities of Demand and Supply
  6. 6 Efficiency of Fairness and Markets
  7. 7 Government Actions in Markets
  8. 8 Taxes
  9. 9 Global Markets in Action
  10. 10 Externalities
  11. 11 Public Goods and Common Resources
  12. 12 Private Information and Healthcare Markets
  13. 13 Consumer Choice and Demand
  14. 14 Production and Cost
  15. 15 Perfect Competition
  16. 16 Monopoly
  17. 17 Monopolistic Competition
  18. 18 Oligopoly
  19. 19 Markets for Factors of Production
  20. 20 Economic Inequality
  21. 21 GDP: A Measure Of Total Production and Income
  22. 22 Jobs and Unemployment
  23. 23 The CPI and the Cost of Living
  24. 24 Potential GDP and the Natural Unemployment Rate
  25. 25 Economic Growth
  26. 26 Finance, Saving, and Investment
  27. 27 The Monetary System
  28. 28 Money, Interest, and Inflation
  29. 29 Aggregate Supply and Aggregate Demand
  30. 30 Aggregate Expenditure Multiplier
  31. 31 The Short-Run Policy Tradeoff
  32. 32 Fiscal Policy
  33. 33 Monetary Policy
  34. 34 International Finance

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