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Principles Of Economics 3E

Principles Of Economics 3E

          
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About the Book

In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions and exercises.

Table of Contents:
PART I INTRODUCTION Chapter 1. Thinking Like an Economist Chapter 2. Comparative Advantage: The Basis for Exchange Chapter 3. Supply and Demand: An Introduction PART II COMPETITION AND THE INVISIBLE HAND Chapter 4. Elasticity Chapter 5. Demand: The Benefit Side of the Market Chapter 6. Perfectly Competitive Supply: The Cost Side of the Market Chapter 7. Efficiency and Exchange Chapter 8. The Quest for Profit and the Invisible Hand Chapter 9. International Trade PART III MARKET IMPERFECTIONS Chapter 10. Monopoly and Other Forms of Imperfect Competition Chapter 11. Thinking Strategically: A Further Look at Monopolistic Competition and Oligopoly Chapter 12. Externalities and Property Rights Chapter 13. The Economics of Information PART IV ECONOMICS AND PUBLIC POLICY Chapter 14. Labor Markets, Poverty, and Income Distribution Chapter 15. The Environment, Health, and Safety Chapter 16. Public Goods and Tax Policy PART V MACROECONOMICS:ISSUEC AND DATA Chapter 17. Macroeconomics: The Bird?s-Eye View of the Economy Chapter 18. Measuring Economic Activity: GDP and Unemployment Chapter 19. Measuring the Price Level and Inflation PART VI THE ECONOMY IN THE LONG RUN Chapter 20. Economic Growth, Productivity, and Living Standards Chapter 21. Workers, Wages, and Unemployment in the Modern Economy Chapter 22. Saving and Capital Formation Chapter 23. Money,Prices and the Federal Reserve Chapter 24. Financial Markets and International Capital Flow PART VII THE ECONOMY IN THE SHORT RUN Chapter 25. Short-term Economic Fluctuations: An Introduction Chapter 26. Spending Output in the Short Run Chapter 27. Stabilizing the Economy: The Role of the Fed Chapter 28. Inflation, Aggregate Supply, and Aggregate Demand Chapter 29. The Practice and Pitfalls of Macroeconomic Policy PART VIII THE INTERNATINAOL ECONOMY Chapter 30. Exchange Rates and the Open Economy Summary Key terms Glossary Index


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Product Details
  • ISBN-13: 9780070618299
  • Publisher: Tata Mcgraw Hill
  • Publisher Imprint: Tata Mcgraw Hill
  • Edition: 3
  • No of Pages: 984
  • ISBN-10: 0070618291
  • Publisher Date: 2006
  • Binding: Paperback
  • Language: English
  • Weight: 1814.37 gr

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