9780132447027

Survey of Economics : Principles, Applications, and Tools

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  • ISBN13:

    9780132447027

  • ISBN10:

    0132447029

  • Edition: 3rd
  • Format: Paperback
  • Copyright: 1/1/2008
  • Publisher: Prentice Hall
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List Price: $139.40

Summary

Covering both Micro and Macroeconomics in one concise paperback volume, this book shows readers how to think and act like an economist by showing them how to use economic concepts in their everyday lives and careers.Organized around the Five Key Principles of EconomicsThe Principle of Opportunity Cost, The Marginal Principle, The Principle of Diminishing Returns, The Spillover Principle, and The Reality Principle.For economists and those making financial decisions and analyses.

Table of Contents

Introduction
Key Principles of Economics
Demand, Supply, and Market Equilibrium
Elasticity: A Measure of Responsiveness
Production and Cost
Perfect Competition: Short Run and Long Run
Monopoly
Monopolistic Competition, Oligopoly, and Antitrust
Market Failure: Imperfect Information, Pollution, and Public Goods
The Labor Market
Measuring a Nationrsquo;s Production and Income
Unemployment and Inflation
Why Do Economies Grow
Aggregate Demand and Supply
Fiscal Policy
Money and the Banking System
Monetary Policy and Inflation
International Trade and Finance
Table of Contents provided by Publisher. All Rights Reserved.

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