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Economics

Economics - 8th edition

ISBN13: 978-0321423009

Cover of Economics 8TH 08 (ISBN 978-0321423009)
ISBN13: 978-0321423009
ISBN10: 0321423003
Cover type:
Edition/Copyright: 8TH 08
Publisher: Addison-Wesley Longman, Inc.
Published: 2008
International: No

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Economics - 8TH 08 edition

ISBN13: 978-0321423009

Michael Parkin

ISBN13: 978-0321423009
ISBN10: 0321423003
Cover type:
Edition/Copyright: 8TH 08
Publisher: Addison-Wesley Longman, Inc.

Published: 2008
International: No
Summary

The leading economists today started out as students taking the Principles course. Parkin writes in a way that reaches out to all students, encouraging them to think like economists from the first week of class. Economics provides a serious, analytical approach to the discipline by introducing the main ideas and then developing those ideas with the latest research, policy, and data. The result is that students learn to apply economics the way real economists do, by evaluating the decisions in their personal, academic, and professional lives.

The Eighth Edition takes a new approach to modern macroeconomic theory with an earlier integration of international topics that gives an accurate picture of how theory is used to guide and evaluate macroeconomic policy. The microeconomics chapters include the latest research, and incorporate a unifying theme related to the tension between self- and social-interest.

Table of Contents

I. INTRODUCTION

1. What Is Economics?
2. The Economic Problem

II. HOW MARKETS WORK

3. Demand and Supply
4. Elasticity
5. Efficiency and Equity
6. Markets in Action

III. HOUSEHOLDS' CHOICES

7. Utility and Demand
8. Possibilities, Preferences, and Choices

IV. FIRMS AND MARKETS

9. Organizing Production
10. Output and Costs
11. Perfect Competition
12. Monopoly
13. Monopolistic Competition and Oligopoly

V. MARKET FAILURE AND GOVERNMENT

14. Regulation and Antitrust Law
15. Externalities
16. Public Goods and Common Resources

VI. FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

17. Demand and Supply in Factor Markets
18. Economic Inequality
19. Uncertainty and Information

VII. MACROECONOMIC OVERVIEW

20. A First Look at Macroeconomics
21. Measuring GDP and Economic Growth
22. Monitoring Jobs and the Price Level

VIII. THE ECONOMY IN THE LONG RUN

23. At Full Employment: The Classical Model
24. Economic Growth
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments

IX. THE ECONOMY IN THE SHORT RUN

27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers: The Keynesian Model
29. U.S. Inflation, Unemployment, and Business Cycle

X. MACROECONOMIC POLICY

30. Fiscal Policy
31. Monetary Policy

XI. THE GLOBAL ECONOMY

32. Trading with the World

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