Economics, 2nd edition
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- Instant access to eTextbook
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- Expert video lessons and practice questions
- Q&A with experts and AI tutor
- Printable study guides
$10.99per month
Minimum 4-month term, pay monthly or pay $43.96 upfront
Includes:
- Instant access to eTextbook
- Search, highlight, notes, and more
$10.99per month
Minimum 4-month term, pay monthly or pay $43.96 upfront
Includes:
- Instant access to eTextbook
- Search, highlight, notes, and more
$10.99per month
Minimum 4-month term, pay monthly or pay $43.96 upfront
Includes:
- Instant access to eTextbook
- Search, highlight, notes, and more
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Overview
Economics presents real economic questions and data to help you learn about the world around you. The text uses themes of optimization, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what's happening in today's society.
In the 2nd Edition, each chapter begins with an empirical, relevant question that is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, you'll learn to apply economic principles to guide the decisions you make in your own daily life.
Published by Pearson (September 18th 2020) - Copyright © 2021
ISBN-13: 9780136912460
Subject: Economics
Category: Principles of Economics
Overview
PART I: INTRODUCTION TO ECONOMICS
1. The Principles and Practice of Economics
2. Economic Methods and Economic Questions
3. Optimization: Doing the Best You Can
4. Demand, Supply, and Equilibrium
PART II: FOUNDATIONS OF MICROECONOMICS
5. Consumers and Incentives
6. Sellers and Incentives
7. Perfect Competition and the Invisible Hand
8. Trade
9. Externalities and Public Goods
10. The Government in the Economy: Taxation and Regulation
11. Markets for Factors of Production
PART III: MARKET STRUCTURE
12. Monopoly
13. Game Theory and Strategic Play
14. Oligopoly and Monopolistic Competition
PART IV: EXTENDING THE MICROECONOMIC TOOLBOX
15. Trade-offs Involving Time and Risk
16. The Economics of Information
17. Auctions and Bargaining
18. Social Economics
PART V: INTRODUCTION TO MACROECONOMICS
19. The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates
20. Aggregate Incomes
PART VI: LONG-RUN GROWTH AND DEVELOPMENT
21. Economic Growth
22. Why Isn’t the Whole World Developed?
PART VII: EQUILIBRIUM IN THE MACROECONOMY
23. Employment and Unemployment
24. Credit Markets
25. The Monetary System
PART VIII: SHORT-RUN FLUCTUATIONS AND MACROECONOMIC POLICY
26. Short-Run Fluctuations
27. Countercyclical Macroeconomic Policy
PART IX: MACROECONOMICS IN A GLOBAL ECONOMY
28. Macroeconomics and International Trade
29. Open Economy Macroeconomics
CHAPTERS ON THE WEB
1. Financial Decision Making
2. Economics of Life, Health, and the Environment
3. Political Economy
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