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Principles of Economics Global Edition

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Principles of Economics Global Edition by Ray C. Fair, Sharon E. Oster, Karl E Case

Digital PDF Book: 819 Pages

Publisher: Pearson; 12th Global Edition (March 3, 2016)

Language: English

ISBN-10: 9781292152561

ISBN-13: 978-1292152561

ASIN: 1292152567

FOR Two-Semester Principles of Economics modules.

Instant download after payment.

Description

Principles of Economics Global Edition by Ray C. Fair, Sharon E. Oster, Karl E Case

An Introduction to the Functioning of the Economy and the Power and Breadth of Economics

Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling Principles of Economics texts because they trust it to be clear, thorough, and complete. Readers of Principles of Economics, Twelfth Edition, Global Edition, come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly. With the latest research and added exercises, students begin to learn the art and science of economic thinking and start to look at some policy and even personal decisions in a different way.

Table of Contents

Part I: Introduction To Economics

  1. The Scope and Method of Economics
  2. The Economic Problem: Scarcity and Choice
  3. Demand, Supply, and Market Equilibrium
  4. Demand and Supply Applications
  5. Elasticity

Part II: The Market System

  1. Household Behavior and Consumer Choice
  2. The Production Process: The Behavior of Profit-Maximizing Firms
  3. Short-Run Costs and Output Decisions
  4. Long-Run Costs and Output Decisions
  5. Input Demand: The Labor and Land Markets
  6. Input Demand: The Capital Market and the Investment Decision
  7. General Equilibrium and the Efficiency of Perfect Competition

Part III: Market Imperfections and the Role of Government

  1. Monopoly and Antitrust Policy
  2. Oligopoly
  3. Monopolistic Competition
  4. Externalities, Public Goods, and Common Resources
  5. Uncertainty and Asymmetric Information
  6. Income Distribution and Poverty
  7. Public Finance: The Economics of Taxation

Part IV: Concepts and Problems in Macroeconomics

  1. Introduction to Macroeconomics
  2. Measuring National Output and National Income
  3. Unemployment, Inflation, and Long-Run Growth

Part V: The Core of Macroeconomic Theory

  1. Aggregate Expenditure and Equilibrium Output
  2. The Government and Fiscal Policy
  3. Money, the Federal Reserve, and the Interest Rate
  4. The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Policy Effects and Cost Shocks in the AS/AD Model
  6. The Labor Market in the Macroeconomy

Part VI: Further Macroeconomics Issues

  1. Financial Crises, Stabilization, and Deficits
  2. Household and Firm Behavior in the Macroeconomy: A Further Look
  3. Long-Run Growth
  4. Alternative Views in Macroeconomics

Part VII: The World Economy

  1. International Trade, Comparative Advantage, and Protectionism
  2. Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
  3. Economic Growth in Developing Economies

Part VIII: Methodology

  1. Critical Thinking about Research

 

Digital PDF Book: 819 Pages

Publisher: Pearson; 12th Global Edition (March 3, 2016)

Language: English

ISBN-10: 9781292152561

ISBN-13: 978-1292152561

ASIN: 1292152567

FOR Two-Semester Principles of Economics modules.

Instant download after payment.

Additional information

File Size

43 MB

Language

English

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