Loose-leaf Economics Principles

by McConnell, Campbell; Brue, Stanley; Flynn, Sean

• ISBN13: 9780077341657
• ISBN10: 0077341651
• Edition: 18th
• Format: Loose-leaf
• Copyright: 2009-06-26
• Publisher: McGraw-Hill/Irwin

Summary

McConnell and Brue'sEconomics: Principles, Problems, and Policiesis the leading Principles of Economics textbook. It continues to be innovative while teaching students in a clear, unbiased way. The 18th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy.

Table of Contents

Introduction to Economics and the Economy

Limits, Alternatives, and Choices (+ Appendix)

The Market System and the Circular Flow

Demand, Supply and Market Equilibrium (+ Appendix)

The U.S. Economy: Private and Public Sectors

The United States in the Global Economy

Microeconomics of Product Markets

Elasticity, Consumer Surplus, and Producer Surplus

Consumer Behavior (+ Appendix)

The Costs of Production

Pure Competition

Pure Monopoly

Monopolistic Competition and Oligopoly (+ Appendix)

W: Technology, R&D, and Efficiency

Microeconomics of Resource Markets

The Demand for Resources

Wage Determination (+ Appendix)

Rent, Interest, and Profit

Natural Resource and Energy Economics

Microeconomics of Government

Government and Market Failure

Public Choice Theory and the Economics of Taxation

Microeconomic Issues and Policies

Antitrust Policy and Regulation

Agriculture: Economics and Policy

Income Inequality, Discrimination, and Poverty

Health Care

Immigration

GDP, Growth, and Instability

Introduction to Macroeconomics

Measuring Domestic Output and National Income

Economic Growth

Business Cycles, Unemployment, and Inflation

Macroeconomic Models and Fiscal Policy

Basic Macroeconomic Relationships

The Aggregate Expenditures Model

Aggregate Demand and Aggregate Supply (+ Appendix)

Fiscal Policy, Deficits, and Debt

Money, Banking, and Monetary Policy

Money and Banking

Money Creation

Interest Rates and Monetary Policy

Financial Economics

Extensions and Issues

Extending the Analysis of Aggregate Supply

Current Issues in Macro Theory and Policy

International Economics

International Trade

Exchange Rates, Balance of Payments, and Trade Deficits

Web Supplement: Previous International Exchange-Rate Systems

W: The Economics of Developing Countries

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