Essentials of Economics

2nd Edition

By Stanley Brue , Campbell McConnell , Sean Flynn

Publication Date: Jan 5, 2009

ISBN:0073511315 / 9780073511313

Language: English

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Imprint: McGraw-Hill/Irwin Publisher: McGraw-Hill Education Dimensions: 10.3 X 8.2 Inches (US)

Summary
Table of Contents

Main Description

Building on the tremendous success of their best-selling Principles of Economics text, Brue, McConnell, and Flynn have revised their one-semester text to provide a fresh alternative. This 18-chapter textbook utilizes clear and careful language along with pedagogy and topic discussion suited to the needs of one-semester course.. Brue/McConnell/Flynn is a patient, substantive treatment of micro and macro economics for the one-semester course with many up-to-date, motivating examples.

PART ONE: Introduction

1 Limits, Alternatives, and Choices Appendix: Graphs and Their Meaning

Essentials of Economics

PART ONE: Introduction

1 Limits, Alternatives, and Choices Appendix: Graphs and Their Meaning

2 The Market System and the Circular Flow

PART TWO: Price, Quantity, and Efficiency

3 Demand, Supply, and Market Equilibrium

4 Elasticity of Demand and Supply

5 Public Goods and Externalities

PART THREE: Product Markets

6 Businesses and Their Costs

7 Pure Competition

8 Pure Monopoly

9 Monopolistic Competition and Oligopoly

PART FOUR: Resource Markets

10 Wage Determination

11 Income Inequality and Poverty

PART FIVE: GDP, Growth and Instability

12 GDP and Economic Growth

13 Business Cycles, Unemployment, and Inflation

14 Aggregate Demand and Aggregate Supply

15 Fiscal Policy, Deficits, and Debt

PART SIX: Money, Banking, and Monetary Policy

16 Money and Banking

17 Monetary Policy

PART SEVEN: International Economics

18 International Trade and Exchange Rates