Cover image for Principles of economics
Title:
Principles of economics
Author:
Gans, Joshua, 1968- author.
ISBN:
9780170248532
Personal Author:
Edition:
6th edition.
Physical Description:
xliii, 959 pages : colour illustrations ; 26 cm.
General Note:
Adapted from "Principles of economics", 7th edition published by South Western, c2015.
Contents:
Part I: Introduction -- 1. Ten lessons from economics -- 2. Thinking like an economist -- 3. Interdependence and the gains from trade -- Part II: Supply and demand I: How markets work -- 4. The market forces of supply and demand -- 5. Elasticity and its application -- 6. Supply, demand and government policies -- Part III: Supply and demand II: Markets and welfare -- 7. Consumers, producers and the efficiency of markets -- 8. Application: the costs of taxation -- 9. Application: international trade -- Part IV: The economics of the public sector -- 10. Externalities -- 11. Public goods and common resources -- 12. The design of the tax system -- Part V: Firm behaviour and the organisation of industry -- 13. The costs of production -- 14. Firms in competitive markets -- 15. Monopoly -- 16. Business strategy -- 17. Competition policy -- 18. Monopolistic competition -- Part VI: The economics of labour markets -- 19. The markets for the factors of production -- 20. Earnings, unions and discrimination -- 21. Income inequality and poverty -- Part VII: Topics for further study -- 22. The theory of consumer choice -- 23. Frontiers of microeconomics.

Part VIII: The data of macroeconomics -- 24. Measuring a nation's income -- 25. Measuring the cost of living -- Part IX: The real economy in the long run -- 26. Production and growth -- 27. Saving, investment and the financial system -- 28. The natural rate of unemployment -- Part X: Money and prices in the long run -- 29. The monetary system -- 30. Inflation: its causes and costs -- Part XI: The macroeconomics of open economies -- 31. Open-economy macroeconomics: basic concepts -- 32. A macroeconomic theory of the open economy -- Part XII: Short-run economic fluctuations -- 33. Aggregate demand and aggregate supply -- 34. The influence of monetary and fiscal policy on aggregate demand -- 35. The short-run trade-off between inflation and unemployment -- 36. Global Financial Crisis 2008 and beyond -- Part XIII: Final thoughts -- 37. Five debates over macroeconomic policy.
Abstract:
This edition combines microeconomics and macroeconomics into one volume for students who take a full years course. The latest edition of this text continues to focus on important concepts and analyses necessary for students in an introductory economics course. In keeping with the authors philosophy of showing students the power of economic tools and the importance of economic ideas, this edition pays careful attention to regional and global policies and economic issues such as climate change and resource taxation, the impacts of the ongoing global financial crisis, inflation, unemployment, interest rates, monetary and fiscal policy. Accompanied by CourseMate, comprising flashcards, graphing workshops, games, quizzes, videos. Access to Search me! referring students to the online Search me! database. Aplia is available with this text.
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