Economics : principles, applications, and tools

Bibliographic Information

Economics : principles, applications, and tools

Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

(Pearson series in economics)

Pearson, c2018

9th ed., Global edition

  • : [pbk]

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Note

Includes index

Description and Table of Contents

Description

For courses in the Principles of Economics Introduces Students to the Basic Concepts of Economics with Timely, Engaging Stories and Applications Students enter their first economics course hoping to gain a better understanding of the world around them, but often leave with their questions unanswered. Economics: Principles, Applications, and Tools is built upon the author's philosophy of using basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications. The 9th Edition incorporates updated figures and data, while also emphasising current topics of interest-including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter-opening stories related to the most up-to-date developments in both macroeconomics and microeconomics.

Table of Contents

I. Introduction and Key Principles 1. Introduction: What Is Economics? 2. The Key Principles of Economics 3. Exchange and Markets 4. Demand, Supply, and Market Equilibrium II. The Basic Concepts in Macroeconomics 5. Measuring a Nation's Production and Income 6. Unemployment and Inflation III. The Economy in the Long Run 7. The Economy at Full Employment 8. Why Do Economies Grow? IV. Economic Fluctuations and Fiscal Policy 9. Aggregate Demand and Aggregate Supply 10. Fiscal Policy 11. The Income- Expenditure Model 12. Investment and Financial Markets V. Money, Banking, and Monetary Policy 13. Money and the Banking System 14. The Federal Reserve and Monetary Policy VI. Inflation, Unemployment, and Economic Policy 15. Modern Macroeconomics: From the Short Run to the Long Run 16. The Dynamics of Inflation and Unemployment 17. Macroeconomic Policy Debates VII. The International Economy 18. International Trade and Public Policy 19. The World of International Finance VIII. A Closer Look at Demand and Supply 20. Elasticity: A Measure of Responsiveness 21. Market Efficiency and Government Intervention 22. Consumer Choice: Utility Theory and Insights from Neuroscience IX. Market Structures and Pricing 23. Production Technology and Cost 24. Perfect Competition 25. Monopoly and Price Discrimination 26. Market Entry and Monopolistic Competition 27. Oligopoly and Strategic Behavior 28. Controlling Market Power: Antitrust and Regulation X. Externalities and Information 29. Imperfect Information: Adverse Selection and Moral Hazard 30. Public Goods and Public Choice 31. External Costs and Environmental Policy XI. The Labor Market and Income Distribution 32. The Labor Market and the Distribution of Income

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Details

  • NCID
    BC12922837
  • ISBN
    • 9781292165592
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Harlow, England
  • Pages/Volumes
    765 p.
  • Size
    28 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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