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Economics, 2nd edition

  • Daron Acemoglu
  • David Laibson
  • John List

Published by Pearson (July 11th 2017) - Copyright © 2018

2nd edition

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Overview

For courses in Principles of Economics.


An evidence-based approach to economics

Throughout Economics, 2nd Edition, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help readers learn about the world around them. Taking a fresh approach, they use the 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. Each chapter begins with an empirical question that is relevant to the life of a reader, and is later answered using data in the Evidence-Based Economics feature. As a result of the text’s practical emphasis, readers learn to apply economic principles to guide the decisions they make in their own lives.

 

Also available with MyLab Economics

MyLab™ Economics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. Learn more.


Note: You are purchasing a standalone product; MyLab Economics does not come packaged with this content. Students, if interested in purchasing this title with MyLab Economics, ask your instructor to confirm the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.


If you would like to purchase both the physical text and MyLab Economics, search for:

 

0134667824 / 9780134667829 Economics Plus MyLab Economics with Pearson eText -- Access Card Package, 2/e

 

Package consists of:

  • 0134492064 / 9780134492063 Economics
  • 0134519442 / 9780134519449 MyLab Economics with Pearson eText -- Access Card -- for 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

 

 

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