Economics: Private Markets and Public Choice / Edition 6

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KEY BENEIFT: The Sixth Edition of this introduction to principles of economics again integrates the public choice theme with a discussion of basic economic issues, while including many new analyses of domestic policies, and proposals and current global events. The free market approach begins in Chapter One with a condensed and accessible discussion contrasting market and non-market institutions, and is carried throughout the text. The book features a tightened exposition of microeconomics, more coverage of environmental economics and the economics of information, many new applications, and the addition of Internet-based exercises to each chapter. For business novices.
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Product Details

  • ISBN-13: 9780201657524
  • Publisher: Pearson Education
  • Publication date: 1/28/2000
  • Edition description: Older Edition
  • Edition number: 6
  • Pages: 896
  • Product dimensions: 8.27 (w) x 10.27 (h) x 1.48 (d)

Table of Contents

Ch. 1 Economics in Perspective 2
Ch. 2 Opportunity Cost, Specialization, and Trade 25
Ch. 3 Private Markets and Prices: Laws of Demand and Supply 54
Ch. 4 Demand and Supply: Property, Markets, and Public Choice 86
Ch. 5 Elasticity 114
Ch. 6 The Logic of Consumer Choice and Demand 138
Ch. 7 The Firm 165
Ch. 8 Production Principles and Costs to the Firm 179
Ch. 9 Competitive Markets 204
Ch. 10 Monopoly: The Firm as Industry 236
Ch. 11 Monopolistic Competition and Advertising 262
Ch. 12 Few Competitors: Game Theory, Oligopoly, and Cartels 278
Ch. 13 Competitive Labor Markets 304
Ch. 14 Labor Unions and Imperfect Competition 328
Ch. 15 The Returns to Capital, Land, and Entrepreneurship 348
Ch. 16 Income Distribution, Poverty, and Health Care 371
Ch. 17 Antitrust, Regulation, and Public Policy 399
Ch. 18 Market Failure and Public Policy 425
Ch. 19 Public Choice 446
Ch. 20 Contemporary Macroeconomics 466
Ch. 21 Measuring the Macroeconomy 490
Ch. 22 Classical Macroeconomic Theory 508
Ch. 23 Keynesian Macroeconomics 529
Ch. 24 Aggregate Demand and Aggregate Supply 562
Ch. 25 Fiscal Policy and the Supply Side: Using the Tools 580
Ch. 26 Taxes, Deficits, and the Debt 597
Ch. 27 Money, Banking, and the Federal Reserve 623
Ch. 28 Money and Inflation 652
Ch. 29 Macroeconomic Theory and Policy 680
Ch. 30 Global Economic Growth and Development 701
Ch. 31 International Trade 728
Ch. 32 International Finance 757
Glossary 786
Index 798
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