Economics : principles, problems, and policies

McConnell, Campbell R. author

Economics : principles, problems, and policies / Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn - Nineteenth edition AP edition - xxxvi, 801 pages : color illustrations - McGraw-Hill series in economics .

Includes index.

Part I. Introduction to economics and the economy Limits, alternatives, and choices The market system and the circular flow Part II. Price, quality, and efficiency Demand, supply, and market equilibrium Elasticity Market failures : public goods and externalities Part III. microeconomics of product markets Consumer behavior Business and the costs of production Pure competition in the short run Pure competition in the long run Pure monopoly Monopolistic competition and oligopoly Technology, R&D, and efficiency Part IV. Microeconomics of resource markets The demand for resources Wage determination Rent, Interest, and profit Natural resources and energy economics Part V. Microeconomics of government Public finance : expenditures and taxes Asymmetric information, voting, and public choice Part VI. Microeconomic issues and policies Antitrust policy and regulation Agriculture : economics and policy Income inequality, poverty, and discrimination Health care Immigration Part VII. GDP, Growth, and instability An introduction to macroeconomics Measuring domestic output and national income Economic growth Business cycles, unemployment, and inflation Part VIII. Macroeconomic models and fiscal policy Basic macroeconomic relationships The aggregate expenditures model Aggregate demand and aggregate supply Fiscal policy, deficits, and debt Part IX. Money, banking, and monetary policy Money, banking, and financial institutions Money creation Interest rates and monetary policy Financial economics Part X. Extensions and issues Extending the analysis of aggregate supply Current issues in macro theory and policy Part XI. International economics International trade The balance of payments, exchange rates, and trade deficits The economics of developing countries

9780076601783


Economics

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