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Economics : Principles, Applications and Tools

ISBN: 9780136076445 | 0136076440
Edition: 6th
Format: Paperback
Publisher: Prentice Hall
Pub. Date: 1/1/2010

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SummaryTable of Contents
O'Sullivan/Sheffrin/Perez 6e uses questions to drive student interest, then applications to illustrate concepts, and then tools to practice economic concepts.Students come into their first Economics course thinking they will better understand the economy around them; the choices our government, international governments, businesses, and individuals make. Unfortunately, many don't get answers to those questions when they complete the course.O'Sullivan/Sheffrin/Perez uses chapter opening questions, applications that explain and tie to those quest... MORE
... MORE
Introduction and Key Principles
Introduction: What Is Economics?p. 2
The Key Principles of Economicsp. 28
Exchange and Marketsp. 48
Demand, Supply, and Market Equilibriump. 66
The Basic Conceptsin Macroeconomics
Measuring a Nationrsquo;s Production and Incomep. 98
Unemployment and Inflationp. 122
The Economy in the Long Run
The Economy at Full Employmentp. 142
Why Do Economies Grow?p. 162
Economic Fluctuations
Aggregate Demand and Aggregate Supplyp. 190
Fiscal Policyp. 210
The Income-Expenditure Modelp. 230
Investment and Financial Marketsp. 262
Money, Banking, and Monetary Policy
Money and the Banking Systemp. 280
The Federal Reserve and Monetary Policyp. 300
Inflation, Unemployment, and Economic Policy
Modern Macroeconomics: From the Short Run to the Long Runp. 320
The Dynamics of Inflation and Unemploymentp. 338
Macroeconomic Policy Debatesp. 358
The International Economy
International Trade and Public Policyp. 376
The World of International Financep. 396
A Closer Look at Demand and Supply
Elasticity: A Measure of Responsivenessp. 418
Market Efficiency and Government Interventionp. 448
Consumer Choice Using Utility Theoryp. 472
Market Structures and Pricing
Production Technology and Costp. 504
Perfect Competitionp. 526
Monopoly and Price Discriminationp. 552
Market Entry and Monopolistic Competitionp. 574
Oligopoly and Strategic Behaviorp. 590
Table of Contents provided by Publisher. All Rights Reserved.

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