(eBook) (PDF) Economics: Principles, Applications, and Tools, 10th edition

Description

Overview

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 authors’ philosophy of using basic concepts of economics to explain a wide variety of relevant, current and engaging economic applications.The 10th Edition incorporates the latest economic developments throughout. By making every chapter relevant and applied, you’ll develop an understanding of core principles that you’ll use as a citizen and consumer, now and in your career.

Published by Pearson (September 15th 2020) – Copyright © 2020
ISBN-13: 9780135639818
Subject: Economics
Category: Principles of Economics

PART 1: 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

PART 2: THE BASIC CONCEPTS IN MACROECONOMICS

5. Measuring a Nation’s Production and Income
6. Unemployment and Inflation

PART 3: THE ECONOMY IN THE LONG RUN

7. The Economy at Full Employment
8. Why Do Economies Grow?

PART 4: ECONOMIC FLUCTUATIONS AND FISCAL POLICY

9. Aggregate Demand and Aggregate Supply
10. Fiscal Policy
11. The Income-Expenditure Model
12. Investment and Financial Markets

PART 5: MONEY, BANKING, AND MONETARY POLICY

13. Money and the Banking System
14. The Federal Reserve and Monetary Policy

PART 6: 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

PART 7: THE INTERNATIONAL ECONOMY

18. International Trade and Public Policy
19. The World of International Finance

PART 8: 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 Behavioral Economics

PART 9: 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

PART 10: EXTERNALITIES AND INFORMATION

29. Imperfect Information: Adverse Selection and Moral Hazard
30. Public Goods and Public Choice
31. External Costs and Environmental Policy

PART 11: THE LABOR MARKET AND INCOME DISTRIBUTION

32. The Labor Market and the Distribution of Income