Fundamentals of Economics
ISBN: 9780395903391 | 0395903394
Edition: 1stFormat: Paperback
Publisher: Houghton Mifflin College Div
Pub. Date: 10/1/1998
Why Rent from Knetbooks?
Because Knetbooks knows college students. Our rental program is designed to save you time and money. Whether you need a textbook for a semester, quarter or even a summer session, we have an option for you. Simply select a rental period, enter your information and your book will be on its way!
Top 5 reasons to order all your textbooks from Knetbooks:
- We have the lowest prices on thousands of popular textbooks
- Free shipping both ways on ALL orders
- Most orders ship within 48 hours
- Need your book longer than expected? Extending your rental is simple
- Our customer support team is always here to help
Fundamentals of Economics is a concise but thorough survey of economics for instructors desiring a brief, practical text. Based on the comprehensive two-semester text by the same authors, this version of Economics "boils down" the formal economic theories and concepts into their essential parts, emphasizing domestic and international applications and policy issues.
| Note: Each chapter includes a Summary | |
| Key Terms | |
| Exercises, and a Study Guide | |
| The Price System | |
| Economics and the World Around You | |
| The Definition of Economics Specialization and Exchange Trade Appendix to Chapter 1: Working with Graphs | |
| The Production Possibilities Curve Reading and Constructing Graphs Application: The PPC | |
| Markets and the Market Process | ... MORE|
| Allocation Mechanisms | |
| How Markets Function Demand Supply Equilibrium | |
| Putting Demand and Supply | |
| Together Alternatives to Market Allocation | |
| Applications of Demand and Supply | |
| The Market for Low-Carb Foods | |
| The Labor Market Market Intervention | |
| Medical Care, Rent Controls, and Agricultural Price Supports | |
| Consumers, Firms, and Social Issues | |
| The Firm and the Consumer Revenue | |
| How Does a Firm Learn About Its Demand? | |
| Knowing the Customer What's to Come? | |
| Costs and Profit | |
| Maximization Costs Maximizing Profit | |
| The Profit-Maximizing Rule: MR = MC | |
| Competition and Market Structures | |
| Characteristics of the Market Structures | |
| Firm Behavior in the Long Run | |
| The Benefits of Competition | |
| Competition, Cooperation, and the Government Price Strategies for Independent Firms | |
| Firm Behavior When There Are Few Rivals Government and Firms | |
| Social Issues | |
| The Environment Illicit Drugs | |
| Discrimination Minimum Wages Income Inequality and Poverty | |
| The National and Global Economies | |
| An Overview of the National and International | |
| Economies Households Business Firms The International Sector | |
| Overview of the U.S. Government Linking the Sectors | |
| Macroeconomic Measures | |
| Measures of Output and Income Nominal and Real Measures Flows of Income and Expenditures | |
| The Foreign Exchange Market The Balance of Payments | |
| Unemployment, Inflation, and Business Cycles Business Cycles Unemployment Inflation | |
| Macroeconomic Equilibrium | |
| Aggregate Demand and Supply Aggregate Demand, Aggregate Supply, and Business | |
| Cycles Factors That Influence Aggregate Demand | |
| The Aggregate Demand Curve Aggregate Supply | |
| Aggregate Demand and Supply Equilibrium | |
| Fiscal Policy | |
| Fiscal Policy and Aggregate Demand | |
| Fiscal Policy in the United States Fiscal Policy in Different Countries | |
| Money and Banking What is Money? | |
| Banking Banks and the Money Supply | |
| Macroeconomic Policy | |
| Monetary Policy | |
| The Federal Reserve System Implementing Monetary Policy | |
| Monetary Policy and Equilibrium Income | |
| The European Central Bank | |
| Macroeconomic Policy | |
| Business Cycles, and Growth | |
| The Phillips Curve | |
| The Role of Expectations Sources of Business Cycles | |
| The Link Between Monetary and Fiscal Policies Economic Growth | |
| Issues in International | |
| Trade and Finance | |
| An Overview of World | |
| Trade International | |
| Trade Restrictions Exchange Rate Systems and Practices | |
| Globalization | |
| The Meaning of Globalization | |
| Globalization Controversy | |
| Globalization, Economic Growth, and Incomes | |
| Financial Crises and Globalization | |
| Table of Contents provided by Publisher. All Rights Reserved. |
