Economics / Edition 17

Economics / Edition 17

by Campbell McConnell, Stanley Brue
     
 

McConnell and Brue’s Economics: Principles, Problems, and Policies is the leading Principles of Economics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership with three main goals: help the beginning student master the principles essential for understanding the… See more details below

Overview

McConnell and Brue’s Economics: Principles, Problems, and Policies is the leading Principles of Economics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership with three 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.

Product Details

ISBN-13:
9780073126630
Publisher:
McGraw-Hill Professional Publishing
Publication date:
11/03/2006
Edition description:
Older Edition
Pages:
808
Product dimensions:
8.60(w) x 10.30(h) x 1.37(d)

Table of Contents

Preface
Acknowledgments
Suggested One-Semester and One-Quarter Course
Outlines
Pt. 1An Introduction to Economics and the Economy
1The Nature and Method of Economics1
2The Economizing Problem19
3Pure Capitalism and the Circular Flow35
4Understanding Individual Markets: Supply and Demand47
5The Private Sectors and the Market System67
6The Public Sector88
Pt. 2National Income, Employment, and Fiscal Policy
7Measuring Domestic Output, National Income, and the Price Level105
8Macroeconomic Instability: Unemployment and Inflation129
9Aggregate Demand and Aggregate Supply151
10Classical and Keynesian Theories of Employment171
11Equilibrium Domestic Output in the Keynesian Model196
12Fiscal Policy221
Pt. 3Money, Banking, and Monetary Policy
13Money and Banking243
14How Banks Create Money264
15The Federal Reserve Banks and Monetary Policy281
Pt. 4Problems and Controversies in Macroeconomics
16Alternative Views: Monetarism and Rational Expectations305
17The Inflation-Unemployment Relationship324
18Budget Deficits and the Public Debt349
19Economic Growth365
Pt. 5Microeconomics of Product and Resource Markets
20Demand and Supply: Elasticities and Applications383
21Consumer Behavior and Utility Maximization402
22The Costs of Production418
23Price and Output Determination: Pure Competition438
24Price and Output Determination: Pure Monopoly465
25Price and Output Determination: Monopolistic Competition485
26Price and Output Determination: Oligopoly498
27Production and the Demand for Resources518
28The Pricing and Employment of Resources: Wage Determination533
29The Pricing and Employment of Resources: Rent, Interest, and Profits553
30General Equilibrium: The Market System and Its Operation567
Pt. 6Government and Current Economic Problems
31Government and Market Failure: Public Goods, the Environment, and Information Problems579
32Public Choice Theory and Taxation599
33Antitrust and Regulation619
34Agriculture: Economics and Policy638
35Income Inequality and Poverty654
36Labor Market Issues: Unionism, Discrimination, and Immigration672
Pt. 7International Economics and the World Economy
37International Trade: Comparative Advantage and Protectionism697
38Exchange Rates, the Balance of Payments, and Trade Deficits720
39Growth and the Less Developed Countries745
40The Soviet Economy in Transition765
GlossaryG1
IndexI1

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