Essential Foundations of Economics, 9th edition

  • Robin Bade
  • Michael Parkin

Overview

Essential Foundations of Economics introduces you to economic principles you can use to navigate the financial decisions of your future. Each chapter concentrates on a manageable number of ideas, usually 3 to 4, with each reinforced several times throughout the text. This patient approach helps guide you through unfamiliar terrain and focus you on the most important concepts and key skills — like reading and interpreting graphs. 

Table of contents

PART 1: INTRODUCTION
1. Getting Started
2. The US 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, Interest, and Inflation
19. Aggregate Supply and Aggregate Demand
20. Fiscal Policy and Monetary Policy

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Published by Pearson (April 16th 2020) - Copyright © 2021