Foundations of Economics, 10th edition

Published by Pearson (27 October 2026) © 2027

  • Robin Bade University of Western Ontario
  • Michael Parkin Emeritus of University of Western Ontario
  • Jeff Sarbaum University of North Carolina, Greensboro
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Access details

  • Instant access once purchased
  • Anytime, anywhere learning with the Pearson+ app

Features

  • Search, highlight and take notes
  • Watch embedded videos with select titles
  • Easily create flashcards

Currently unavailable

Products list

Access details

  • Instant access once purchased
  • Anytime, anywhere learning with the Pearson+ app

Features

  • Search, highlight and take notes
  • Watch embedded videos with select titles
  • Easily create flashcards

Currently unavailable

Title overview

Foundations of Economics introduces economic principles you can use to navigate the financial decisions of your future and everyday life. The content is guided by a four-point approach: cover compelling issues, focus on core ideas, provide sufficient detail and facilitate a learn-by-doing approach. By presenting content through a combination of graphs, words and tables, the authors support learning both with and without graphical analysis.

The 10th Edition features finely tuned content and notable changes in micro and macro chapters. Recent events and forces demonstrating economic ways of thinking were added, from growing wealth gaps to tensions over globalization to fiscal pressures from aging populations.

Table of contents

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

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