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Foundations of Economics

Foundations of Economics - 4th edition

ISBN13: 978-0321522535

Cover of Foundations of Economics 4TH 09 (ISBN 978-0321522535)
ISBN13: 978-0321522535
ISBN10: 0321522532
Cover type:
Edition/Copyright: 4TH 09
Publisher: Addison-Wesley Longman, Inc.
Published: 2009
International: No

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Foundations of Economics - 4TH 09 edition

ISBN13: 978-0321522535

Robin Bade Bade

ISBN13: 978-0321522535
ISBN10: 0321522532
Cover type:
Edition/Copyright: 4TH 09
Publisher: Addison-Wesley Longman, Inc.

Published: 2009
International: No
Summary

Economics is a subject youlearn by doing.Foundations of Economicsbreaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers touseeconomics in their lives, regardless of what their future career will be. Introduction:Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply.A Closer Look at Markets:Elasticities of Demand and Supply; Efficiency and Fairness of Markets.How Governments Influence the Economy:Markets in Action; Taxes; Global Markets in Action; Externalities; Public Goods and Common Resources. A Closer Look at Decision Makers:Consumer Choice and Demand; Production and Cost.Prices, Profits, and Industry Performance:Perfect Competition; Monopoly; Monopolistic Competition; OligopolyIncomes, Uncertainty, and Inequality:Demand and Supply in Factor Markets; Uncertainty and Information; Inequality and Poverty.Monitoring the Macroeconomy:GDP and the Standard of Living; The CPI and the Cost of Living; Jobs and Unemployment.The Real Economy:Potential GDP and the Natural Unemployment Rate; Economic Growth; Investment, Saving, and the Real Interest Rate.The Money Economy:The Monetary System; Money, Interest, and Inflation.Economic Fluctuations:AS-ADand the Business Cycle; Aggregate Expenditure; The Short-Run Policy Tradeoff.Macroeconomic Policy:Fiscal Policy; Monetary Policy; International Finance. For all readers interested in economics.

Table of Contents

Part I: Introduction
Chapter 1 Getting Started
Chapter 2 The U.S. and Global Economies
Chapter 3 The Economic Problem
Chapter 4 Demand and Supply
Part II: A Closer Look at Markets
Chapter 5 Elasticities of Demand and Supply
Chapter 6 Efficiency and the Fairness of Markets
Part III: How Governments Influence the Economy
Chapter 7 Markets in Action
Chapter 8 Taxes
Chapter 9 Global Markets in Action
Chapter 10 Externalities
Chapter 11 Public Goods and Common Resources
Part IV: A Closer Look at Decision Makers
Chapter 12 Consumer Choice and Demand
Chapter 13 Production and Cost
Part V: Prices, Profits, and Industry Performance
Chapter 14 Perfect Competition
Chapter 15 Monopoly
Chapter 16 Monopolistic Competition
Chapter 17 Oligopoly
Part VI:Title TK
Chapter 18 Demand and Supply in Factor Markets
Chapter 19 Uncertainty and Information
Chapter 20 Inequality and Poverty
Part VII: Monitoring the Macroeconomy
Chapter 21 GDP and the Standard of Living
Chapter 22 The CPI and the Cost of Living
Chapter 23 Jobs and Unemployment
Part VIII: The Real Economy
Chapter 24 Potential GDP and the Natural Unemployment Rate
Chapter 25 Economic Growth
Chapter 26 Investment and Saving
Part IX: The Money Economy
Chapter 27 New title TK: Money and the Monetary System / Money Creation and Control
Chapter 28 Money, Interest, and Inflation
Part X: Economic Fluctuations
Chapter 29 AS-AD and the Business Cycle
Chapter 30 Aggregate Expenditure
Chapter 31 Fiscal and Monetary Policy Effects
Chapter 32 The Short-Run Policy Tradeoff
Chapter 33 Fiscal and Monetary Policy Debates
Part XI: The Global Economy
Chapter 34 International Finance

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