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Economics: principles, problems, and policies

McConnell, Campbell R. Flynn, Sean M. McGraw-Hill/Irwin (New York, 2012) (eng) English 9780071221030 Unknown 19th ed ECONOMICS--TEXTBOOKS; Glossary; OVERVIEW McConnell, Brue, and Flynn's Economics: Principles, Problems, and Policies is the #1 Principles of Economics textbook in the world. It continues to be innovative while teaching students in a clear, unbiased way. The 19th 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. GLOBAL EDITION Reorganized chapters to move international economics topics closer to the front of the book, including adding a web chapter into the physical textbook. New feature box and in-text examples that reflect a more global mix of countries, companies, and personalities. Globally-focused data throughout the text and figures to illustrate topics such as the uses of money, oil production in OPEC nations, and global interest rates. Updated discussion of exchange rates to focus on the euro and euro-area countries. Revised end-of-chapter material highlighting Asian, African, Central American, and European examples.
Physical dimension
855 p. 25 cm. ill.
Summary / review / table of contents

PART 1: AN INTRODUCTION TO ECONOMICS and THE ECONOMY To the Student
1 Limits, Alternatives, and Choices (+ Appendix)
2 The Market System and the Circular Flow

PART 2: PRICE, QUANTITY, AND EFFICIENCY
3 Demand, Supply, and Market Equilibrium (+ Appendix)
4 Elasticity
5 Market Failures: Public Goods and Externalities

PART 3: INTERNATIONAL ECONOMICS
6 International Trade
7 The Balance of Payments, Exchange Rates, and Trade Deficits
8 The Economics of Developing Countries

PART 4: MICROECONOMICS of PRODUCT MARKETS
9 Consumer Behavior (+ Appendix) 10 Businesses and the Costs of Production
11 Pure Competition in the Short Run
12 Pure Competition in the Long Run
13 Pure Monopoly
14 Monopolistic Competition and Oligopoly (+ Appendix) 14w Technology, R&D, and Efficiency

PART 5: MICROECONOMICS of RESOURCE MARKETS
15 The Demand for Resources
16 Wage Determination (+ Appendix)
17 Rent, Interest, and Profit
18 Natural Resource and Energy Economics

PART 6: MICROECONOMICS of GOVERNMENT
19 Public Finance: Expenditures and Taxes
20 Asymmetric Information, Voting, and Public Choice

PART 7: MICROECONOMIC ISSUES and POLICIES
21 Antitrust Policy and Regulation
22 Agriculture: Economics and Policy
23 Income Inequality, Poverty, and Discrimination
24 Health Care
25 Immigration

PART 8: GDP, GROWTH, AND INSTABILITY
26 An Introduction to Macroeconomics
27 Measuring Domestic Output and National Income
28 Economic Growth
29 Business Cycles, Unemployment, and Inflation

PART 9: MACROECONOMIC MODELS and FISCAL POLICY
30 Basic Macroeconomic Relationships
31 The Aggregate Expenditures Model
32 Aggregate Demand and Aggregate Supply (+ Appendix)
33 Fiscal Policy, Deficits, and Debt

PART 10: MONEY, BANKING, and MONETARY POLICY
34 Money, Banking, and Financial Institutions
35 Money Creation
36 Interest Rates and Monetary Policy
37 Financial Economics

PART 11: EXTENSIONS and ISSUES
38 Extending the Analysis of Aggregate Supply
39 Current Issues in Macro Theory and Policy

OPTIONAL CONTENT FOR INSTRUCTORS (Available for instructors on the Instructor's Resource CD and Connect library)
COI 1 The United States and the Global Economy
COI 2 Previous International Exchange-Rate Systems

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