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Loose-Leaf Principles of Economics / Edition 5
     

Loose-Leaf Principles of Economics / Edition 5

by Robert Frank, Ben Bernanke
 

ISBN-10: 0077464338

ISBN-13: 9780077464332

Pub. Date: 01/31/2012

Publisher: McGraw-Hill Higher Education

Authors Bob Frank, Ben Bernanke, and introducing Kate Antonovics from the University of California San Diego and Ori Heffetz from Cornell University, present a coherent short list of core principles in introductory economics and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the

Overview

Authors Bob Frank, Ben Bernanke, and introducing Kate Antonovics from the University of California San Diego and Ori Heffetz from Cornell University, present a coherent short list of core principles in introductory economics and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become “economic naturalists:” people who employ basic economic principles to understand and explain what they observe in the world around them.

Principles of Economics, sixth edition, is thoroughly integrated with the adaptive digital tools available in McGraw-Hill’s LearnSmart Advantage Suite, proven to increase student engagement and success in the course.

Product Details

ISBN-13:
9780077464332
Publisher:
McGraw-Hill Higher Education
Publication date:
01/31/2012
Product dimensions:
8.40(w) x 10.80(h) x 1.00(d)
Age Range:
18 Years

Table of Contents

Part 1 Introduction


1.Thinking Like an Economist


2.Comparative Advantage


3.Supply and Demand


Part 2 Competition and the Invisible Hand


4. Elasticity


5.Demand


6.Perfectly Competitive Supply


7.Efficiency, Exchange, and the Invisible Hand in Action


Part 3 Market Imperfections


8.Monopoly, Oligopoly, and Monopolistic Competition


9.Games and Strategic Behavior


10.Externalities and Property Rights


11.The Economics of Information


Part 4 Economics of Public Policy


12.Labor Markets, Poverty, and Income Distribution


13.The Environment, Health, and Safety


14.Public Goods and Tax Policy


Part 5 Macroeconomics: Data and Issues


15.Spending, Income, and GDP


16.Inflation and the Price Level


17.Wages and Unemployment


Part 6 The Economy in the Long Run


18.Economic Growth


19.Saving, Capital Formation, and Financial Markets


20.Money, Prices, and the Financial System


Part 7 The Economy in the Short Run


21.Short-Term Economic Fluctuations


22.Spending, Output, and Fiscal Policy


23.Monetary Policy and the Federal Reserve


24.Aggregate Demand, Aggregate Supply, and Business Cycles


25.Macroeconomic Policy


Part 8 The International Economy


26.Exchange Rates, International Trade, and Capital Flows

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