9780077337742

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PART 1: AN INTRODUCTION TO ECONOMICS and THE ECONOMY
To the Student
1: Limits, Alternatives, and Choices (+ Appendix)
2: The Market System and the Circular Flow
PART 2: PRICE, QUANTITY, AND EFFICIENCY
3: Demand, Supply, and Market Equilibrium (+ Appendix)
4: Elasticity
5: Market Failures: Public Goods and Externalities
PART 3: MICROECONOMICS of PRODUCT MARKETS
6: Consumer Behavior (+ Appendix)
7: Businesses and the Costs of Production
8: Pure Competition in the Short Run
9: Pure Competition in the Long Run
10: Pure Monopoly
11: Monopolistic Competition and Oligopoly (+ Appendix)
11w: Technology, R&D, and Efficiency
PART 4: MICROECONOMICS of RESOURCE MARKETS
12: The Demand for Resources
13: Wage Determination (+ Appendix)
14: Rent, Interest, and Profit
15: Natural Resource and Energy Economics
PART 5: MICROECONOMICS of GOVERNMENT
16: Public Finance: Expenditures and Taxes
17: Asymmetric Information, Voting, and Public Choice
PART 6: MICROECONOMIC ISSUES and POLICIES
18: Antitrust Policy and Regulation
19: Agriculture: Economics and Policy
20: Income Inequality, Poverty, and Discrimination
21: Health Care
22: Immigration
PART 7: GDP, GROWTH, AND INSTABILITY
23: An Introduction to Macroeconomics
24: Measuring Domestic Output and National Income
25: Economic Growth
26: Business Cycles, Unemployment, and Inflation
PART 8: MACROECONOMIC MODELS and FISCAL POLICY
27: Basic Macroeconomic Relationships
28: The Aggregate Expenditures Model
29: Aggregate Demand and Aggregate Supply (+ Appendix)
30: Fiscal Policy, Deficits, and Debt
PART 9: MONEY, BANKING, and MONETARY POLICY
31: Money, Banking, and Financial Institutions
32: Money Creation
33: Interest Rates and Monetary Policy
34: Financial Economics
PART 10: EXTENSIONS and ISSUES
35: Extending the Analysis of Aggregate Supply
36: Current Issues in Macro Theory and Policy
PART 11: INTERNATIONAL ECONOMICS
37: International Trade
38: The Balance of Payments, Exchange Rates, and Trade Deficits
39w: The Economics of Developing Countries
OPTIONAL CONTENT FOR INSTRUCTORS(Available for instructors on the OLC)
COI 1: The United States and the Global Economy
COI 2: Previous International Exchange-Rate Systems

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Connect Economics with LearnSmart Two Semester Access Card for Economics

Connect Economics with LearnSmart Two Semester Access Card for Economics

0077337743

Summary

Table of Contents

To the Student

1: Limits, Alternatives, and Choices (+ Appendix)

2: The Market System and the Circular Flow

PART 2: PRICE, QUANTITY, AND EFFICIENCY

3: Demand, Supply, and Market Equilibrium (+ Appendix)

4: Elasticity

5: Market Failures: Public Goods and Externalities

PART 3: MICROECONOMICS of PRODUCT MARKETS

6: Consumer Behavior (+ Appendix)

7: Businesses and the Costs of Production

8: Pure Competition in the Short Run

9: Pure Competition in the Long Run

10: Pure Monopoly

11: Monopolistic Competition and Oligopoly (+ Appendix)

11w: Technology, R&D, and Efficiency

PART 4: MICROECONOMICS of RESOURCE MARKETS

12: The Demand for Resources

13: Wage Determination (+ Appendix)

14: Rent, Interest, and Profit

15: Natural Resource and Energy Economics

PART 5: MICROECONOMICS of GOVERNMENT

16: Public Finance: Expenditures and Taxes

17: Asymmetric Information, Voting, and Public Choice

PART 6: MICROECONOMIC ISSUES and POLICIES

18: Antitrust Policy and Regulation

19: Agriculture: Economics and Policy

20: Income Inequality, Poverty, and Discrimination

21: Health Care

22: Immigration

PART 7: GDP, GROWTH, AND INSTABILITY

23: An Introduction to Macroeconomics

24: Measuring Domestic Output and National Income

25: Economic Growth

26: Business Cycles, Unemployment, and Inflation

PART 8: MACROECONOMIC MODELS and FISCAL POLICY

27: Basic Macroeconomic Relationships

28: The Aggregate Expenditures Model

29: Aggregate Demand and Aggregate Supply (+ Appendix)

30: Fiscal Policy, Deficits, and Debt

PART 9: MONEY, BANKING, and MONETARY POLICY

31: Money, Banking, and Financial Institutions

32: Money Creation

33: Interest Rates and Monetary Policy

34: Financial Economics

PART 10: EXTENSIONS and ISSUES

35: Extending the Analysis of Aggregate Supply

36: Current Issues in Macro Theory and Policy

PART 11: INTERNATIONAL ECONOMICS

37: International Trade

38: The Balance of Payments, Exchange Rates, and Trade Deficits

39w: The Economics of Developing Countries

OPTIONAL CONTENT FOR INSTRUCTORS(Available for instructors on the OLC)

COI 1: The United States and the Global Economy

COI 2: Previous International Exchange-Rate Systems

Supplemental Materials

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