Economics: Principles, Problems, and Policies

Economics: Principles, Problems, and Policies

by Campbell McConnell

Hardcover

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Product Details

ISBN-13: 9780070448933
Publisher: McGraw-Hill Companies, The
Publication date: 01/01/1972
Pages: 838

About the Author

Stanley L. Brue did his undergraduate work at Augustana College (South Dakota) and received its Distinguished Achievement Award in 1991. He received his Ph.D. from the University of Nebraska–Lincoln. He is a professor at Pacific Lutheran University, where he has been honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economic education. He has served as national president and chair of the Board of Trustees of Omicron Delta Epsilon International Economics Honorary. He is coauthor of Economic Scenes, Fifth edition (Prentice-Hall), Contemporary Labor Economics, Seventh edition, Essentials of Economics, First edition (both The McGraw-Hill Companies), and The Evolution of Economic Thought, Seventh edition (South-Western).

Campbell R. McConnell earned his Ph.D. from the University of Iowa after receiving degrees from Cornell College and the University of Illinois. He taught at the University of Nebraska-Lincoln from 1953 until his retirement in 1990. He is also coauthor of Contemporary Labor Economics, Seventh edition, and Essentials of Economics, First edition (both The McGraw-Hill Companies), and has edited readers for the principles and labor economics courses. He is a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award, and is past-president of the Midwest Economics Association. Professor McConnell was awarded an honorary Doctor of Laws degree from Cornell College in 1973 and received its Distinguished Achievement Award in 1994.

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.

Table of Contents

PART ONE: AN INTRODUCTION TO ECONOMICS AND THE ECONOMY
To the Student
1 Limits, Alternatives, and Choices
2 The Market System and the Circular Flow
3 Demand, Supply, and Market Equilibrium
4 The U.S. Economy: Private and Public Sectors
5 The United States in the Global Economy
PART TWO: MACROECONOMIC MEASUREMENT and BASIC CONCEPTS
6 Measuring Domestic Output and National Income
7 Introduction to Economic Growth and Instability
8 Basic Macroeconomic Relationships
PART THREE: MACROECONOMIC MODELS AND FISCAL POLICY
9 The Aggregate Expenditures Model
10 Aggregate Demand and Aggregate Supply
11 Fiscal Policy, Deficits, and Debt
PART FOUR: MONEY, BANKING, and MONETARY POLICY
12 Money and Banking
13 Money Creation
14 Interest Rates and Monetary Policy
14W Financial Economics (Web Chapter, mcconnell17.com)
PART FIVE: LONG-RUN PERSPECTIVES AND MACROECONOMIC DEBATES
15 Extending the Analysis of Aggregate Supply
16 Economic Growth
16W The Economics of Developing Countries (Web Chapter, mcconnell17.com)
17 Disputes over Macro Theory and Policy
PART SIX: MICROECONOMICS OF PRODUCT MARKETS
18 Extensions of Demand and Supply Analysis
19 Consumer Behavior and Utility Maximization
20 The Costs of Production
21 Pure Competition
22 Pure Monopoly
23 Monopolistic Competition and Oligopoly
24 Technology, R&D, and Efficiency
PART SEVEN: MICROECONOMICS of RESOURCE MARKETS
25 The Demand for Resources
26 Wage Determination
27 Rent, Interest, and Profit
27W Resource and Energy Economics (Web Chapter, mcconnell17.com)
PART EIGHT: MICROECONOMICS OF GOVERMENT
28Government and Market Failure
29 Public Choice Theory and the Economics of Taxation
PART NINE: MICROECONOMIC ISSUES and POLICIES
30 Antitrust Policy and Regulation
31 Agriculture: Economics and Policy
32 Income Inequality and Poverty
33 The Economics of Health Care
34 Labor Market Institutions and Issues: Unionism, Discrimination, Immigration
PART TEN: INTERNATIONAL ECONOMICS
35 International Trade
36 Exchange Rates, the Balance of Payments, and Trade Deficits
Glossary
Index

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