Principles of Economics, Brief Edition
ISBN: 9780073511436 | 0073511439
Edition: 2ndFormat: Hardcover
Publisher: McGraw-Hill/Irwin
Pub. Date: 10/1/2010
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In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contex... MORE
Part I Introduction
Chapter 1 Thinking Like an Economist
Chapter 2 Comparative Advantage
Chapter 3 Supply and Demand
Part II Competition and the Invisible Hand
Chapter 4 Demand and Elasticity
Chapter 5 Perfectly Competitive Supply
Chapter 6 Efficiency, Exchange, and the Invisible Hand in Action
Part III Market Imperfections
Chapter 7 Monopoly, Oligopoly, and Monopolistic Competition
Chapter 8 Games and Strategic Behavior
Chapter 9 Externalit... MORE
Part IV Economics of Public Policy
Chapter 10 Using Economics to Make Better Policy Decisions
Part V Macroeconomics: Data and Issues
Chapter 11 Spending, Income and GDP
Chapter 12 Inflation and the Price Level
Chapter 13 Wages and Unemployment
Part VI The Economy in the Long Run
Chapter 14 Economic Growth
Chapter 15 Saving, Capital Formation, and Financial Markets
Chapter 16 Money, Prices, and the Financial System
Part VII The Economy in the Short Run
Chapter 17 Short-Term Economic Fluctuations
Chapter 18 Spending, Output, and Fiscal Policy
Chapter 19 Monetary Policy and The Federal Reserve
Chapter 20 Aggregate Demand, Aggregate Supply, and Stabilization Policy
Part VIII The International Economy
Chapter 21 Exchange Rates, International Trade, and Capital Flows
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