Economics : principles, problems and policies /
Campbell R. McConnell, Stanley L. Brue .
- Sixteenth edition
- xxx, 733 page : illustrations + 26 cm. 1 CD-ROM ;
Includes glossary and index.
An introduction to economics and the economy -- The nature and method of economics -- The economizing problem -- Individual markets: demand and supply -- The market system -- The U.S. economy: private and public sectors -- The United States in the global economy -- Macroeconomic measurement and basic concepts -- Measuring domestic output and national income -- Introduction to economic growth and instability -- Basic macroeconomic relationships -- Macroeconomic models and fiscal policy -- The aggregate expenditures model -- Aggregate demand and aggregate supply -- Fiscal policy -- Money, banking, and monetary policy -- Money and banking -- How banks and thrifts create money -- Monetary policy -- Long-run perspectives and macroeconomic debates -- Extending the analysis of aggregate supply -- Economic growth -- Deficits, surpluses, and the public debt -- Disputes over macro theory and policy -- Microeconomics of product markets -- Elasticity of demand and supply -- Consumer behavior and utility maximization -- The costs of production -- Pure competition -- Pure monopoly -- Monopolistic competition and oligopoly -- Technology, R & D, and efficiency -- Microeconomics of resource markets -- The demand for resources -- Wage determination -- Rent, interest, and profit -- Microeconomics of government -- Government and market failure -- Public choice theory and the economics of taxation -- Microeconomic issues and policies -- Antitrust policy and regulation -- Agriculture: economics and policy -- Income inequality and poverty -- Labor market institutions and issues: unionism, discrimination, and immigration -- The economics of health care -- International economics and the world economy -- International trade -- Exchange rates, the balance of payments, and trade deficits.
Contains chapter checklists, chapter outlines, hints and tips, terms, self-tests, true-false, multiple choice, problems, essay questions, answers, and others.