Original Release Date: December 2022. Printed in black & white.
Principles of Economics 3e covers the scope and sequence of most introductory economics courses. The third edition takes a balanced approach to the theory and application of economics concepts. The text uses conversational language and ample illustrations to explore economic theories, and provides a wide array of examples using both fictional and real-world scenarios. The third edition has been carefully and thoroughly updated to reflect current data and understanding, as well as to provide a deeper background in diverse contributors and their impacts on economic thought and analysis. For example, the third edition highlights the research and views of a broader group of economists. Brief references and deeply explored socio-political examples have been updated to showcase the critical – and sometimes unnoticed – ties between economic developments and topics relevant to students.
A fuller list of changes made in Principles of Economics 3e are described in the preface and the transition guide to help instructors transition to the third edition.
Зміст
Table of Contents
- Chapter 1: Welcome to Economics!
- Chapter 2: Choice in a World of Scarcity
- Chapter 3: Demand and Supply
- Chapter 4: Labor and Financial Markets
- Chapter 5: Elasticity
- Chapter 6: Consumer Choices
- Chapter 7: Cost and Industry Structure
- Chapter 8: Perfect Competition
- Chapter 9: Monopoly
- Chapter 10: Monopolistic Competition and Oligopoly
- Chapter 11: Monopoly and Antitrust Policy
- Chapter 12: Environmental Protection and Negative Externalities
- Chapter 13: Positive Externalities and Public Goods
- Chapter 14: Poverty and Economic Inequality
- Chapter 15: Issues in Labor Markets: Unions, Discrimination, Immigration
- Chapter 16: Information, Risk, and Insurance
- Chapter 17: Financial Markets
- Chapter 18: Public Economy
- Chapter 19: The Macroeconomic Perspective
- Chapter 20: Economic Growth
- Chapter 21: Unemployment
- Chapter 22: Inflation
- Chapter 23: The International Trade and Capital Flows
- Chapter 24: The Aggregate Supply-Aggregate Demand Model
- Chapter 25: The Keynesian Perspective
- Chapter 26: The Neoclassical Perspective
- Chapter 27: Money and Banking
- Chapter 28: Monetary Policy and Bank Regulation
- Chapter 29: Exchange Rates and International Capital Flows
- Chapter 30: Government Budgets and Fiscal Policy
- Chapter 31: The Macroeconomic Impacts of Government Borrowing
- Chapter 32: Macroeconomic Policy Around the World
- Chapter 33: International Trade
- Chapter 34: Globalization and Protectionism
- Chapter 35: The Use of Mathematics in Principles of Economics
- Chapter 36: Demand, Supply, and Efficiency
- Chapter 37: Indifference Curves
- Chapter 38: Present Discounted Value
- Chapter 39: The Expenditure-Output Model
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