Economics, 2nd edition

  • Daron Acemoglu, 
  • David Laibson, 
  • John List

Choose the option that's right for you

$9.99 / mo

4-month term, pay monthly or pay $39.96

Enjoy these features

  • Up to 2 devices
  • Discounted tutor access
  • Exclusive offers
  • Videos and study resources

$14.99 / mo

4-month term, pay monthly or pay $59.96

Enjoy these features

  • Up to 2 devices
  • Discounted tutor access
  • Exclusive offers
  • Videos and study resources

Learn more, spend less

  • Study smarter, not harder

    Save time with study tools in your eTextbook

  • Watch and learn

    Videos & animations bring concepts to life

  • Listen on the go

    Learn how you like with full eTextbook audio

  • Learn anytime, anywhere

    Get the app to access your eTextbook whenever you need it

  • Channels

    Learn complex concepts using short videos and practice

Overview

Economics presents an evidence-based approach that helps you learn how to apply economic principles to guide the decisions you make in your own life.

Published by Pearson (September 18th 2020) - Copyright © 2021

ISBN-13: 9780136912460

Subject: Economics

Category: Principles of Economics

Table of contents

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

Your questions answered

Introducing Pearson+. Reimagined learning, designed for you. Choose from one eTextbook or over 1,500 eTextbooks and study tools, all in one place, for one low monthly subscription. A new way to buy books that fits your budget. Make the most of your study time with offline access, enhanced search, notes and flashcards — to get organized, get the work done quicker and get results. Plus, with the app, put textbooks in your pocket and learn wherever. It's time to upgrade the textbook and simplify learning, so you can have time to live too.

Pearson eTextbook is an easy-to-use digital textbook available from Pearson+. Make it your own by adding notes and highlights. Download the Pearson+ mobile app to learn on the go, even offline. Listen on the go with our new audiobook feature, available for most titles.

When you choose a plan, you're signing up for a 4-month 'term'. You can opt to make a one-time payment for the initial 4-month term or pay monthly. If you opt for monthly payments, we will charge your payment method each month until your 4-month term has ended. You can turn on auto-renew in My account at any time to continue your subscription before your 4-month term has ended.

When you purchase a Pearson+ subscription, it will last 4 months. Before your initial 4-month term ends, you can extend your subscription by turning auto-renew on in My account.

If you turn auto-renew on, we’ll automatically renew your subscription and charge you every month until you turn off auto-renew. If you made a one-time payment for your initial 4-month term, you’ll now pay monthly.

To avoid the next payment charge, make sure you turn auto renewal off 1 day before the auto renewal date. You can subscribe again after auto-renew has been turned off by purchasing another Pearson+ subscription. We use your credit card to renew your subscription automatically. To make sure your learning is uninterrupted, please check your card details before your first monthly payment.

With a Multi Pearson+ subscription plan, you can download up to 10 titles on the Pearson+ app from My list on each of your authorized devices every month.

When you're using your Multi Pearson+ subscription plan in a browser, you can select and read from as many titles as you like.