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Essentials of Economics

ISBN: 9780073511450 | 0073511455
Edition: 3rd
Format: Hardcover
Publisher: McGraw-Hill/Irwin
Pub. Date: 1/9/2013

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SummaryTable of Contents
Building on the tremendous success of their best-selling Economics, Brue, McConnell, and Flynn have revised their one-semester approach in Essentials of Economics, 3e to provide a fresh alternative for the survey course. The result is a patient, substantive treatment of micro and macro topics appropriate for the introductory economics student, and fully integrated in the digital environment to provide instant remediation and feedback through McGraw-Hill’s innovative assessment tool Connect Plus Economics. McGraw-Hill’s adaptive learning component, LearnSmart, provides assignable modules that help students master core concepts in the course.

PART ONE: Introduction

1 Limits, Alternatives, and Choices

2 The Market System and the Circular Flow

PART TWO: Price, Quantity, and Efficiency

3 Demand, Supply, and Market Equilibrium

4 Elasticity of Demand and Supply

5 Market Failures: Public Goods and Externalities

PART THREE: Product Markets

6 Businesses and Their Costs

7 Pure Competition

8 Pure Monopoly

9 Monopolistic Competition and Oligopoly

Web Chapter A: Wage Determination

Web Ch... MORE

PART FOUR: GDP, Growth and Instability

10 GDP and Economic Growth

11 Business Cycles, Unemployment, and Inflation

12 Aggregate Demand and Aggregate Supply

13 Fiscal Policy, Deficits, and Debt

PART FIVE: Money, Banking, and Monetary Policy

14 Money, Banking, and Financial Institutions

15 Interest Rates and Monetary Policy

PART SIX: International Economics

16 International Trade and Exchange Rates

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