| Summary, etc |
PRINCIPLES OF ECONOMICS, Seventh Edition, continues to be the most popular and widely-used text in the economics classroom. A text by a superb writer and economist that stresses the most important concepts without overwhelming students with an excess of detail. A thorough update has been made to keep all chapters fresh and relevant with current Economic coverage. The seventh edition premier ancillary package is the most extensive in the industry, using a team of instructors/preparers that have been with the project since the first edition.<br/><br/>Part I: INTRODUCTION.<br/><br/>1. Ten Principles of Economics.<br/><br/>2. Thinking Like an Economist.<br/><br/>3. Interdependence and the Gains from Trade.<br/><br/> <br/><br/>Part II: HOW MARKETS WORK.<br/><br/>4. The Market Forces of Supply and Demand.<br/><br/>5. Elasticity and Its Application.<br/><br/>6. Supply, Demand, and Government Policies.<br/><br/> <br/><br/>Part III: MARKETS AND WELFARE.<br/><br/>7. Consumers, Producers, and the Efficiency of Markets.<br/><br/>8. Applications: The Costs of Taxation.<br/><br/>9. Application: International Trade.<br/><br/> <br/><br/>Part IV: THE ECONOMICS OF THE PUBLIC SECTOR.<br/><br/>10. Externalities.<br/><br/>11. Public Goods and Common Resources.<br/><br/>12. The Design of the Tax System.<br/><br/> <br/><br/>Part V: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY.<br/><br/>13. The Costs of Production.<br/><br/>14. Firms in Competitive Markets.<br/><br/>15. Monopoly.<br/><br/>16. Monopolistic Competition.<br/><br/>17. Oligopoly.<br/><br/> <br/><br/>Part VI: THE ECONOMICS OF THE LABOR MARKET.<br/><br/>18. The Markets for the Factors of Production.<br/><br/>19. Earnings and Discrimination.<br/><br/>20. Income Inequality and Poverty.<br/><br/>Part VII: TOPICS FOR FURTHER STUDY.<br/><br/>21. The Theory of Consumer Choice.<br/><br/>22. Frontiers in Microeconomics.<br/><br/> <br/><br/>Part VIII: THE DATA OF MACROECONOMICS.<br/><br/>23. Measuring a Nation's Income.<br/><br/>24. Measuring the Cost of Living.<br/><br/> <br/><br/>Part IX: THE REAL ECONOMY IN THE LONG RUN.<br/><br/>25. Production and Growth.<br/><br/>26. Saving, Investment, and the Financial System.<br/><br/>27. Tools of Finance.<br/><br/>28. Unemployment and Its Natural Rate.<br/><br/> <br/><br/>Part X: MONEY AND PRICES IN THE LONG RUN.<br/><br/>29. The Monetary System.<br/><br/>30. Money Growth and Inflation.<br/><br/> <br/><br/>Part XI: THE MACROECONOMICS OF OPEN ECONOMICS.<br/><br/>31. Open-Economy Macroeconomics: Basic Concepts.<br/><br/>32. A Macroeconomic Theory of the Open Economy.<br/><br/> <br/><br/>Part XII: SHORT-RUN ECONOMIC FLUCTUATIONS.<br/><br/>33. Aggregate Demand and Aggregate Supply.<br/><br/>34. The Influence of Monetary and Fiscal Policy on Aggregate Demand.<br/><br/>35. The Short-Run Tradeoff between Inflation and Unemployment.<br/><br/> <br/><br/>Part XIII: FINAL THOUGHTS.<br/><br/>36. Six Debates over Macroeconomic Policy. |