Description
PEARSON Economics Global Edition 6Th Edn 2016 Edition by Glenn Hubbard, Anthony O'Brien
For two-semester courses in Principles of Economics. The Relevance of Economics Through Real-world Business Examples One of the challenges of teaching Principles of Economics is fostering interest in concepts that may not seem applicable to students' lives. Economics makes economics relevant by demonstrating how real businesses use economics to make decisions every day. And with an ever-changing U.S. and world economy, the Sixth Edition has been updated with the latest developments using new real-world business and policy examples. Regardless of their future career path-opening an art studio, trading on Wall Street, or bartending at the local pub-students will benefit from understanding the economic forces behind their work. MyEconLab(R) not included. Students, if MyEconLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyEconLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. MyEconLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results.With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts. Part 1: Introduction1. Economics: Foundations and ModelsAppendix: Using Graphs and Formulas2: Trade-offs, Comparative Advantage, and the Market System3. Where Prices Come From: The Interaction of Demand and Supply4. Economic Efficiency, Government Price Setting, and TaxesAppendix: Quantitative Demand and Supply AnalysisPart 2: Markets in Action: Policy and Applications5. Externalities, Environmental Policy, and Public Goods6. Elasticity: The Responsiveness of Demand and Supply7. The Economics of Health CarePart 3: Firms in the Domestic and International Economies8. Firms, the Stock Market, and Corporate GovernanceAppendix: Tools to Analyze Firms' Financial Information9. Comparative Advantage and the Gains from International TradePart 4: Microeconomic Foundations: Consumers and Firms10. Consumer Choice and Behavioral EconomicsAppendix: Using Indifference Curves and Budget Lines to Understand Consumer Behavior11: Technology, Production, and CostsAppendix: Using Isoquants and Isocost Lines to Understand Production and CostPart 5: Market Structure and Firm Strategy12. Firms in Perfectly Competitive Markets13. Monopolistic Competition: The Competitive Model in a More Realistic Setting14. Oligopoly: Firms in Less Competitive Markets15. Monopoly and Antitrust Policy16. Pricing StrategyPart 6: Labor Markets, Public Choice, and the Distribution of Income17. The Markets for Labor and Other Factors of Production18. Public Choice, Taxes, and the Distribution of IncomePart 7: Macroeconomic Foundations and Long-Run Growth19. GDP: Measuring Total Production and Income20. Unemployment and Inflation21. Economic Growth, the Financial System, and Business Cycles22. Long-Run Economic Growth: Sources and PoliciesPart 8: Short-Run Fluctuations23. Aggregate Expenditure and Output in the Short RunAppendix: The Algebra of Macroeconomic Equilibrium24. Aggregate Demand and Aggregate Supply AnalysisAppendix: Macroeconomic Schools of ThoughtPart 9: Monetary and Fiscal Policy25: Money, Banks, and the Federal Reserve System26: Monetary Policy27: Fiscal PolicyAppendix: A Closer Look at the Multiplier28: Inflation, Unemployment, and Federal Reserve PolicyPart 10: The International Economy29: Macroeconomics in an Open Economy30: The International Financial SystemAppendix: The Gold Standard and the Bretton Woods System