Essentials of Economics / Edition 2

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Overview

Building on the tremendous success of their best-selling Principles of Economics text, Brue, McConnell, and Flynn have revised their one-semester text to provide a fresh alternative. This 18-chapter textbook utilizes clear and careful language along with pedagogy and topic discussion suited to the needs of one-semester course.. Brue/McConnell/Flynn is a patient, substantive treatment of micro and macro economics for the one-semester course with many up-to-date, motivating examples.

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Product Details

  • ISBN-13: 9780073511313
  • Publisher: McGraw-Hill Companies,Inc.
  • Publication date: 1/5/2009
  • Edition description: Older Edition
  • Edition number: 2
  • Pages: 528
  • Product dimensions: 8.10 (w) x 10.10 (h) x 1.00 (d)

Meet the Author

Sean is an assistant professor of economics at Scripps College in Claremont, California.

He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world's best-selling college economics textbook, "Economics: Principles, Problems, and Policies".

An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles.

A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof.

Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.

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Table of Contents

PART ONE: Introduction

1 Limits, Alternatives, and Choices Appendix: Graphs and Their Meaning

2 The Market System and the Circular Flow
PART TWO: Price, Quantity, and Efficiency

3 Demand, Supply, and Market Equilibrium

4 Elasticity of Demand and Supply

5 Public Goods and Externalities
PART THREE: Product Markets

6 Businesses and Their Costs

7 Pure Competition

8 Pure Monopoly

9 Monopolistic Competition and Oligopoly
PART FOUR: Resource Markets

10 Wage Determination

11 Income Inequality and Poverty
PART FIVE: GDP, Growth and Instability

12 GDP and Economic Growth

13 Business Cycles, Unemployment, and Inflation

14 Aggregate Demand and Aggregate Supply

15 Fiscal Policy, Deficits, and Debt
PART SIX: Money, Banking, and Monetary Policy

16 Money and Banking

17 Monetary Policy
PART SEVEN: International Economics

18 International Trade and Exchange Rates
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