For two-semester principles of economics courses. An intuitive and grounded approach to economics  Get students to think like economists using the latest policy and data while incorporating global issues. Economics, 13th Edition builds on the foundation of the previous edition and retains a thorough and careful presentation of the principles of economics. The text emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. Hallmark features in the chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Note: You are purchasing a standalone product; MyLab Economics does not come packaged with this content. Students, if interested in purchasing this title with MyLab, ask your instructor to confirm the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyLab Economics, search for: 0134890264 / 9780134890265 Economics Plus MyLab Economics with Pearson eText -- Access Card Package, 13/e  Package consists of: 0134735692 / 9780134735696 Economics 0134747119 / 9780134747118 MyLab Economics with Pearson eText -- Standalone Access Card -- for Economics
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PART 1: INTRODUCTION What is Economics?The Economic Problem PART 2: HOW MARKETS WORK Demand and SupplyElasticityEfficiency And EquityGovernment Actions in MarketsGlobal markets in Action PART 3: HOUSEHOLDS' CHOICES Utility and DemandPossibilities, Preferences, and Choices PART 4: FIRMS AND MARKETS Organizing ProductionOutput and CostsPerfect CompetitionMonopolyMonopolistic CompetitionOligopoly PART 5: MARKET FAILURE AND GOVERNMENT Public Choices, Public Goods, and HealthcareExternalities PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY Markets for Factors of ProductionEconomic InequalityUncertainty and Information PART 7: MONITORING MACROECONOMIC PERFORMANCE Monitoring the Value of Production: GDPMonitoring Jobs and Inflation PART 8: MACROECONOMIC TRENDS Economic GrowthFinance, Saving, and InvestmentMoney, the Price Level, and InflationThe Exchange Rate and the Balance of Payments PART 9: MACROECONOMIC FLUCTUATIONS Aggregate Supply and Aggregate DemandExpenditure MultipliersThe Business Cycle, Inflation, and Deflation PART 10: MACROECONOMIC POLICY Fiscal PolicyMonetary Policy
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Hallmark features of this title A focus on real-world economics and current global issues Economics in Action and Economics in the News boxes have students link models and chapter tools to the economic world around them.Interviews with Economists feature leading economists from diverse backgrounds who share what inspired them to pursue a career in economics. Ample opportunity for practice Worked Problems, consisting of questions, solutions and key figures, help students to learn-by-doing and to actively, rather than passively, review the chapter content.In-text Review Quizzes reinforce major concepts and test students' knowledge of the topics just discussed.
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New and updated features of this title Coverage of the impact of a changing economic market NEW: Chapter 1 describes the types of jobs available to economics majors; their earnings compared with majors in other related areas; and the critical thinking, analytical, math, writing, and oral communication skills needed for a successful career in economics.NEW: Chapter 2 explores the causes and cures of a Rust Belt economy, and how changing patterns of production affect the economy.UPDATED: Chapter 24 features more discussion on the fluctuating sources of loanable funds.NEW: Chapter 31 provides an explanation of the federal funds rate ‘corridor' and a reworked final section titled Financial Crisis: Cure and Prevention, which includes material on Dodd–Frank, the Volcker Rule, and other macroprudential regulation. A focus on real-world economics and current global issues NEW: News-Based Problems and Applications cover 140 topics like shrinking brick-and-mortar retail and expanding online shopping, and Facebook and Google in mobile ad markets. Tools to retain and understand key economic concepts UPDATED: Every figure has been designed with the needs of students in mind: Graphs are paired with data tables, color-blended arrows show movement, diagrams are labeled with boxed notes, and extended captions provide study and review.
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Produktdetaljer

ISBN
9780134735696
Publisert
2018-01-19
Utgave
13. utgave
Utgiver
Vendor
Pearson
Vekt
1746 gr
Høyde
277 mm
Bredde
218 mm
Dybde
33 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
864

Forfatter

Biographical note

About our author

Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics.

Professor Parkin's research on macroeconomics, monetary economics, and international economics has resulted in over 160 publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Professor Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.