9780324595420

This engaging text continues to set the standard for clear, balanced, and thorough coverage of the principles of economics. Packed with intriguing pop culture examples, it bolsters student interest by illustrating the unexpected places economics occurs, and how economic forces link events to our lives. With new content reflecting a changing economy and new resources addressing the needs of a changing classroom, ECONOMICS, 9e is an ideal solution for Principles courses.

Economics: The Science of Scarcity
What Economics is About
Working with Diagrams
Economic Activities: Producing and Trading
Supply and Demand: Theory
Supply and Demand: Practice Macroeconomics

Macroeconomic Measurements
Prices and Unemployment
Macroeconomic Measurements
GDP and Real GDP

Aggregate Demand and Aggregate Supply
The Self-Regulating Economy
Economic Instability: A Critique of the Self-Regulating Economy
The Federal Budget and Fiscal Policy
Money, the Economy and Monetary Policy
Money and Banking
The Federal Reserve System
Money and the Economy
Monetary Policy
Expectations and Growth
Expectations Theory and the Economy
Economic Growth Microeconomics
Microeconomic Fundamentals
Elasticity
Consumer Choice: Maximizing Utility and Behavioral Economics
Budget Constraint Analysis and Indifference Curve Analysis
Production and Costs
Product Markets and Policies
Perfect Competition
Monopoly
Monopolistic Competition, Oligopoly, and Game Theory
Government and Product Markets: Antitrust and Regulation
Factor Markets and Related Issues
Factor Markets With Emphasis on the Labor Market
Wages, Unions, and Labor
The Distribution of Income and Poverty
Interest, Rent, and Profit
Market Failure and Public Choice
Market Failure: Externalities, Public Goods, and Asymmetric Information
Public Choice: Economic Theory Applied to Politics in The Global Economy
International Economics And Globalization
International Trade
International Finance
Globalization and International Impacts on the Economy
Financial Matters
Stocks, Bonds, Futures, and Options
Should You Major in Economics? Self-Test
Appendix
Glossary
Index WEB Chapter
Agriculture: Farmers' Problems, Government Policies, and Unintended Effects
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Economics

Economics

0324595425

Summary

Table of Contents

Supplemental Materials