Essentials of Economics
Essentials of Economics is an excellent introduction to economics written by award-winning reaching economists. Considered as the most popular, widely-used economics textbook by students worldwide, this premier reference is the industry’s best, which allows students to grasp essential economic concepts quickly. This book contains the key materials that will help you better understand your role in the economy, while understanding both the potential and limits of economic policy.
Table of Contents
Part I: INTRODUCTION
1. Ten Principles of Economics
2. Thinking Like an Economist
3. Interdependence and the Gains from Trade
Part II: HOW MARKETS WORK
4. The Market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies
Part III: MARKETS AND WELFARE
7. Consumers, Producers, and the Efficiency of Markets
8. Application: The Costs of Taxation
9. Application: International Trade
Part IV: THE ECONOMICS OF THE PUBLIC SECTOR
10. Externalities
11. Public Goods and Common Resources
Part V: Firm Behavior and the Organization of Industry
12. The Costs of Production
13. Firms in Competitive Markets
14. Monopoly
Part VI: THE DATA OF MACROECONOMICS
15. Measuring a Nation's Income
16. Measuring the Cost of Living
Part VII: THE REAL ECONOMY IN THE LONG RUN
17. Production and Growth
18. Saving, Investment, and the Financial System
19. The Basic Tools of Finance
20. Unemployment and Its Natural Rate
Part VIII: MONEY AND PRICES IN THE LONG RUN
21. The Monetary System
22. Money Growth and Inflation
Part IX: SHORT-RUN ECONOMIC FLUCTUATIONS
23. Aggregate Demand and Aggregate Supply
24. The Influence of Monetary and Fiscal Policy on Aggregate Demand