Essentials of Economics, 6th Edition

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Essentials of Economics, 6th Edition R. Glenn Hubbard, Anthony Patrick O’Brien

One of the challenges of teaching principles of economics is fostering interest in concepts that may not seem applicable to students’ lives. Essentials of Economics 6^th edition makes this topic relevant by demonstrating how real businesses use economics to make decisions every day. With an ever-changing US and world economy, the Essentials of Economics 6th Edition has been updated with the latest developments using new real-world business and policy examples. Regardless of their future career path — opening an art studio, trading on Wall Street, or bartending at the local pub, students will benefit from understanding the economic forces behind their work.

Book Table of Contents: 

PART I: INTRODUCTION

1. Economics: Foundations and Models

Appendix: Using Graphs and Formulas

2. Trade-offs, Comparative Advantage, and the Market System

3. Where Prices Come From: The Interaction of Demand and Supply

PART II: MARKETS IN ACTION: POLICY AND APPLICATIONS

4. Market Efficiency and Market Failure

5. The Economics of Health Care

PART III: MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS

6. Firms, the Stock Market, and Corporate Governance

7. Consumer Choice and Elasticity

8. Technology, Production, and Costs

PART V: MARKET STRUCTURE AND FIRM STRATEGY

9. Firms in Perfectly Competitive Markets

10. Monopoly and Antitrust Policy

11. Monopolistic Competition and Oligopoly

PART VI: MACROECONOMIC FOUNDATIONS

12. GDP: Measuring Total Production and Income

13. Unemployment and Inflation

PART VIII: LONG-RUN ECONOMIC GROWTH AND SHORT-RUN ECONOMIC FLUCTUATIONS

14. Economic Growth, the Financial System, and Business Cycles

15. Aggregate Demand and Aggregate Supply Analysis

Appendix: Macroeconomic Schools of Thought

PART VIIII: MONETARY AND FISCAL POLICY

16. Money, Banks, and the Federal Reserve System

17. Monetary Policy

18. Fiscal Policy

19. Comparative Advantage, International Trade, and Exchange Rates

 

Digital PDF Book: 768 pages

Publisher: Pearson; 6 edition (February 24, 2018)

Language: English

ISBN-10: 0134797736

ISBN-13: 978-0134797731

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