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Essential Foundations of Economics, 8th edition

  • Robin Bade
  • Michael Parkin

Published by Pearson (February 24th 2017) - Copyright © 2018

8th edition

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Overview

Helping students focus on the most important concepts – and effectively practice application of those concepts. It is a patient and confidence-building title, preparing students to use economics in their everyday lives, regardless of what their future career will be.

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Table of contents

Part 1: Introduction

1. Getting Started  

2. The U.S. and Global Economies

3. The Economic Problem

4. Demand and Supply


Part 2: A Closer Look at Markets 

5. Elasticities of Demand and Supply

6. Efficiency and Fairness of Markets  

7. Government Actions in Markets

8. Global Markets in Action

9. Externalities: Pollution, Education, and Healthcare


Part 3: Prices, Profits, and Industry Performance

10. Production and Cost

11. Perfect Competition

12. Monopoly

13. Monopolistic Competition and Oligopoly


Part 4: Monitoring the Macroeconomy

14. GDP: A Measure of Total Production and Income

15. Jobs and Unemployment

16. The CPI and the Cost of Living


Part 5: Understanding the Macroeconomy 

17. Potential GDP and Economic Growth

18. Money and Inflation

19. Aggregate Supply and Aggregate Demand

20. Fiscal Policy and Monetary Policy


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