We are pleased to present this Global Edition, which has been developed specifically to be innovative while teaching students in a clear, unbiased way. It builds upon the tradition of leadership by sticking to three main goals:

  • Help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and policy alternatives.
  • Help the student understand and apply the economic perspective and reason accurately and objectively about economic matters.
  • Promote a lasting student interest in economics and the economy.


The distinguishing features of this text include:
  • Comprehensive explanations at an appropriate level that students can read and comprehend.
  • Extensive treatment of International Economics.
  • A strong emphasis on the Theory of the Firm.
  • A Focus on Economic Policy and Issues.
  • Consider This boxes and Last Word boxes which feature analogies, examples, or stories that help drive home central ideas in a student-oriented, real-world manner.


This Global Edition has been adapted to meet the needs of courses outside the United States and does not align with the instructor and student resources available with the U.S. edition.
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Builds upon the tradition of leadership by sticking to goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and policy alternatives; and help the student understand and apply the economic perspective and reason accurately and objectively about economic matters.
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PART ONE—Introduction to Economics and the Economy
1.Limits, Alternatives, and Choices
2.The Market System and the Circular Flow
PART TWO—Price, Quantity, and Efficiency
3.Demand, Supply, and Market Equilibrium
4.Market Failures: Public Goods and Externalities
5.Government’s Role and Government Failure
PART THREE—Consumer Behavior
6.Elasticity
7.Utility Maximization
8.Behavioral Economics
PART FOUR—Microeconomics of Product Markets
9.Businesses and the Costs of Production
10.Pure Competition in the Short Run
11.Pure Competition in the Long Run
12.Pure Monopoly
13.Monopolistic Competition and Oligopoly
13wTechnology, R&D, and Efficiency (online chapter)
PART FIVE—Microeconomics of Resource Markets and Government
14.The Demand for Resources
15.Wage Determination
16.Rent, Interest, and Profit
17.Natural Resource and Energy Economics
18.Public Finance: Expenditures and Taxes
PART SIX—Microeconomic Issues and Policies
19.Antitrust Policy and Regulation
20.Agriculture: Economics and Policy
21.Income Inequality, Poverty, and Discrimination
22.Health Care
23.Immigration
PART SEVEN—GDP, Growth, and Instability
24.An Introduction to Macroeconomics
25.Measuring Domestic Output and National Income
26.Economic Growth
27.Business Cycles, Unemployment, and Inflation
PART EIGHT—Macroeconomic Models and Fiscal Policy
28.Basic Macroeconomic Relationships
29.The Aggregate Expenditures Model
30.Aggregate Demand and Aggregate Supply
31.Fiscal Policy, Deficits, and Debt
PART NINE—Money, Banking, and Monetary Policy
32.Money, Banking, and Financial Institutions
33.Money Creation
34.Interest Rates and Monetary Policy
35.Financial Economics
PART TEN—Extensions and Issues
36.Extending the Analysis of Aggregate Supply
37.Current Issues in Macro Theory and Policy
PART ELEVEN—International Economics
38.International Trade
39.The Balance of Payments, Exchange Rates, and Trade Deficits
39wThe Economics of Developing Countries (online chapter)
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Produktdetaljer

ISBN
9789814575133
Publisert
2014-10-16
Utgave
20. utgave
Utgiver
Vendor
McGraw-Hill Education (Asia)
Vekt
1798 gr
Høyde
256 mm
Bredde
220 mm
Dybde
33 mm
Aldersnivå
G, 01
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
984

Biografisk notat

Campbell R. McConnell earned his Ph.D. from the University of Iowa after receiving degrees from Cornell College and the University of Illinois. He taught at the University of Nebraska-Lincoln from 1953 until his retirement in 1990. He is also coauthor of Contemporary Labor Economics, Seventh edition, and Essentials of Economics, First edition (both The McGraw-Hill Companies), and has edited readers for the principles and labor economics courses. He is a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award, and is past-president of the Midwest Economics Association. Professor McConnell was awarded an honorary Doctor of Laws degree from Cornell College in 1973 and received its Distinguished Achievement Award in 1994. Stanley L. Brue did his undergraduate work at Augustana College (South Dakota) and received its Distinguished Achievement Award in 1991. He received his Ph.D. from the University of NebraskaLincoln. He is a professor at Pacific Lutheran University, where he has been honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economic education. He has served as national president and chair of the Board of Trustees of Omicron Delta Epsilon International Economics Honorary. He is coauthor of Economic Scenes, Fifth edition (Prentice-Hall), Contemporary Labor Economics, Seventh edition, Essentials of Economics, First edition (both The McGraw-Hill Companies), and The Evolution of Economic Thought, Seventh edition (South-Western). Sean is an assistant professor of economics at Scripps College in Claremont, California. He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world's best-selling college economics textbook, "Economics: Principles, Problems, and Policies". An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles. A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof. Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.