unknown Hardcover - 2008

McConnell and Brue’s Economics is the leading Principles of Economics textbook. It continues to be innovative while teaching students in a clear, unbiased way. The 18th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy.

Details

• Title unknown
• Author unknown
• Binding Hardcover
• Edition 18th edition
• Pages 880
• Publisher McGraw-Hill/Irwin, USA
• Date 2008
• ISBN 9780073375694

Preface Acknowledgments Suggested One-Semester and One-Quarter Course Outlines Pt. 1 An Introduction to Economics and the Economy 1 The Nature and Method of Economics 12 The Economizing Problem 193 Pure Capitalism and the Circular Flow 354 Understanding Individual Markets: Supply and Demand 475 The Private Sectors and the Market System 676 The Public Sector 88Pt. 2 National Income, Employment, and Fiscal Policy 7 Measuring Domestic Output, National Income, and the Price Level 1058 Macroeconomic Instability: Unemployment and Inflation 1299 Aggregate Demand and Aggregate Supply 15110 Classical and Keynesian Theories of Employment 17111 Equilibrium Domestic Output in the Keynesian Model 19612 Fiscal Policy 221Pt. 3 Money, Banking, and Monetary Policy 13 Money and Banking 24314 How Banks Create Money 26415 The Federal Reserve Banks and Monetary Policy 281Pt. 4 Problems and Controversies in Macroeconomics 16 Alternative Views: Monetarism and Rational Expectations 30517 The Inflation-Unemployment Relationship 32418 Budget Deficits and the Public Debt 34919 Economic Growth 365Pt. 5 Microeconomics of Product and Resource Markets 20 Demand and Supply: Elasticities and Applications 38321 Consumer Behavior and Utility Maximization 40222 The Costs of Production 41823 Price and Output Determination: Pure Competition 43824 Price and Output Determination: Pure Monopoly 46525 Price and Output Determination: Monopolistic Competition 48526 Price and Output Determination: Oligopoly 49827 Production and the Demand for Resources 51828 The Pricing and Employment of Resources: Wage Determination 53329 The Pricing and Employment of Resources: Rent, Interest, and Profits 55330 General Equilibrium: The Market System and Its Operation 567Pt. 6 Government and Current Economic Problems 31 Government and Market Failure: Public Goods, the Environment, and Information Problems 57932 Public Choice Theory and Taxation 59933 Antitrust and Regulation 61934 Agriculture: Economics and Policy 63835 Income Inequality and Poverty 65436 Labor Market Issues: Unionism, Discrimination, and Immigration 672Pt. 7 International Economics and the World Economy 37 International Trade: Comparative Advantage and Protectionism 69738 Exchange Rates, the Balance of Payments, and Trade Deficits 72039 Growth and the Less Developed Countries 74540 The Soviet Economy in Transition 765 Glossary G1 Index