Essential Foundations of Economics plus MyEconLab plus eBook 1-semester Student Access Kit

by Bade, Robin; Parkin, Michael

• ISBN13: 9780321522351
• ISBN10: 0321522354
• Additional ISBN(s): 9780132479400
• Edition: 4th
• Format: Paperback
• Copyright: 2011-01-01
• Publisher: Prentice Hall
• More Book Details
• Purchase Benefits

Summary

Economics is a subject youlearn by doing.Essential Foundations of Economicsbreaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers'attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers touseeconomics in their lives, regardless of what their future career will be. Introduction:Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply.A Closer Look at Markets:Elasticities of Demand and Supply; Efficiency and Fairness of Markets; Government Influences on Markets; Global Markets in Action.Prices, Profits, and Industry Performance:Externalities; Production and Cost; Perfect Competition; Monopoly; Monopolistic Competition and Oligopoly.Monitoring the Macroeconomy:GDP and the Standard of Living; The CPI and the Cost of Living; Jobs and Unemployment.Understanding the Macroeconomy:Potential GDP and Economic Growth; Money and the Monetary System;AS-ADand the Business Cycle; Fiscal Policy and Monetary Policy. For all readers interested in economics.

Table of Contents

Part 1 Introduction Chapter 1 Getting Started Chapter 2 The U.S. and Global Economies Chapter 3 The Economic Problem Chapter 4 Demand and Supply Part 2 A Closer Look at Markets Chapter 5 Elasticities of Demand and Supply Chapter 6 Efficiency and Fairness of Markets Chapter 7 Markets in Action Chapter 8 Global Markets in Action Part 3 Prices, Profits, and Industry Performance Chapter 9 Externalities Chapter 10 Production and Cost Chapter 11 Perfect Competition Chapter 12 Monopoly Chapter 13 Monopolistic Competition and Oligopoly Part 4 Monitoring the Macroeconomy Chapter 14 GDP and the Standard of Living Chapter 15 The CPI and the Cost of Living Chapter 16 Jobs and Unemployment Part 5 Understanding the Macroeconomy Chapter 17 Potential GDP and Economic Growth Chapter 18 The Monetary System Chapter 19AS-ADand the Business Cycle Chapter 20 Fiscal Policy and Monetary Policy