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Economics Plus NEW MyEconLab with Pearson eText (2-semester Access) -- Access Card Package / Edition 5

Economics Plus NEW MyEconLab with Pearson eText (2-semester Access) -- Access Card Package / Edition 5

by Glenn P. Hubbard
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  • Product Details

    ISBN-13: 2900133826714
    Publisher: Pearson
    Publication date: 02/14/2014
    Edition description: Older Edition
    Pages: 1128
    Product dimensions: 6.50(w) x 1.50(h) x 9.50(d)

    About the Author

    R. Glenn Hubbard is the dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia’s Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, KKR Financial Corporation, and MetLife. He received his Ph.D. in economics from Harvard University in 1983. From 2001 to 2003, he served as chairman of the White House Council of Economic Advisers and chairman of the OECD Economic Policy Committee, and from 1991 to 1993, he was deputy assistant secretary of the U.S. Treasury Department. He currently serves as co-chair of the nonpartisan Committee on Capital Markets Regulation. Hubbard’s fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 100 articles in leading journals.

    Tony O’Brien, award-winning professor and researcher. Anthony Patrick O’Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. O’Brien’s research has dealt with issues such as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black–white income differences. His research has been published in leading journals.

    Table of Contents

    I. Introduction
    1. Economics: Foundations and Models
    2. Trade-offs, Comparative Advantage, and the Market System
    3. Where Prices Come From: The Interaction of Demand and Supply
    4. Economic Efficiency, Government Price Setting, and Taxes

    II. Markets in Action
    5. Externalities, Environmental Policy, and Public Goods
    6. Elasticity: The Responsiveness of Demand and Supply

    III. Firms in the Domestic and International Economies
    7. The Economics of Health Care
    8. Firms, the Stock Market, and Corporate Governance

    IV. Microeconomic Foundations: Consumers and Firms
    9. Comparative Advantage and the Gains from International Trade
    10. Consumer Choice and Behavioral Economics

    V. Market Structure and Firm Strategy
    11. Technology, Production, and Costs
    12. Firms in Perfectly Competitive Markets
    13. Monopolistic Competition: The Competitive Model in a More Realistic Setting
    14. Oligopoly: Firms in Less Competitive Markets
    15. Monopoly and Antitrust Policy

    VI. Markets for Factors of Production

    16. Pricing Strategy

    VII. Information, Taxes, and the Distribution of Income
    17. The Markets for Labor and Other Factors of Production
    18. Public Choice, Taxes, and the Distribution of Income

    VIII. Macroeconomic Foundations and Long-Run Growth
    19. GDP: Measuring Total Production and Income
    20. Unemployment and Inflation
    21. Economic Growth, the Financial System, and Business Cycles
    22. Long-Run Economic Growth: Sources and Policies

    IX. Short-Run Fluctuations
    23. Aggregate Expenditure and Output in the Short Run
    24. Aggregate Demand and Aggregate Supply Analysis

    X. Monetary and Fiscal Policy
    25. Money, Banks, and the Federal Reserve System
    26. Monetary Policy
    27. Fiscal Policy
    28. Inflation, Unemployment, and Federal Reserve Policy

    XI. The International Economy
    29. Macroeconomics in an Open Economy
    30. The International Financial System

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