Economics
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Bibliographic Information
Economics
Pearson, c2016
12th ed., global ed
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"Always learning" -- Cover
Includes index
Description and Table of Contents
Description
An intuitive and grounded approach to economics
Get students to think like an Economist using the latest policy and data while incorporating global issues. Economics, Twelfth Edition builds on the foundation of the previous edition and retains a thorough and careful presentation of the principles of economics. Economics emphasizes real-world applications, the development of critical thinking skills, diagrams renowned for pedagogy and clarity, and path-breaking technology.
Each chapter opens with one of today's central issues and is then revisited in the chapter ending Economics in the News feature. This Parkin hallmark encourages student to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today's events. Students will begin to think about issues the way real economists do and learn how to explore difficult policy problems to make more informed decisions in their own economic lives.
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Table of Contents
PART ONE
Introduction
Chapter 1 What Is Economics?
Chapter 2 The Economic Problem
PART TWO
How Markets Work
Chapter 3 Demand and Supply
Chapter 4 Elasticity
Chapter 5 Efficiency and Equity
Chapter 6 Government Actions in Markets
Chapter 7 Global Markets in Action
PART THREE
Households' Choices
Chapter 8 Utility and Demand
Chapter 9 Possibilities, Preferences, and
Choices
PART FOUR
Firms and Markets
Chapter 10 Organizing Production
Chapter 11 Output and Costs
Chapter 12 Perfect Competition
Chapter 13 Monopoly
Chapter 14 Monopolistic Competition
Chapter 15 Oligopoly
PART FIVE
Market Failure and Government
Chapter 16 Public Choices, Public Goods, and
Healthcare
Chapter 17 Externalities
PART SIX
Factor Markets, Inequality,
and Uncertainty
Chapter 18 Markets for Factors of Production
Chapter 19 Economic Inequality
Chapter 20 Uncertainty and Information
PART SEVEN
Monitoring Macroeconomic
Performance
Chapter 21 Measuring GDP and Economic
Growth
Chapter 22 Monitoring Jobs and Inflation
PART EIGHT
Macroeconomic Trends
Chapter 23 Economic Growth
Chapter 24 Finance, Saving, and Investment
Chapter 25 Money, the Price Level, and
Inflation
Chapter 26 The Exchange Rate and the Balance
of Payments
PART NINE
Macroeconomic Fluctuations
Chapter 27 Aggregate Supply and Aggregate
Demand
Chapter 28 Expenditure Multipliers
Chapter 29 The Business Cycle, Inflation, and
Deflation
PART TEN
Macroeconomic Policy
Chapter 30 Fiscal Policy
Chapter 31 Monetary Policy
by "Nielsen BookData"