Principles of Economics, 12e
Reviewers tell us that case/fair/Oster is one of the all-time bestselling principles of economics texts because they trust it to be clear, thorough and complete. Readers of Principles of Economics, twelfth edition, global edition, come away with a basic understanding ..
Principles of Economics, 12e
Reviewers tell us that case/fair/Oster is one of the all-time bestselling principles of economics texts because they trust it to be clear, thorough and complete. Readers of Principles of Economics, twelfth edition, global edition, come away with a basic understanding of how market economies function, an appreciation for the things they do well and a sense of things they do poorly. With the latest research and added exercises, students begin to learn the art and science of economic thinking and start to look at some policy and even personal decisions in a different way.
Features
- Spotlights Recent Research Shows the power and breadth of economic models Introduction of a competitive market model first, followed by non-competitive market structures gives students a clear understanding of basic economic theory and how market opportunities operate.
- Keynesian Cross material is integrated throughout the text
- Incorporation of international examples and applications includes discussion of.
- The many countries that contributed to creating the iPod (Chapter 1).
- How UPS is using technology to speed worldwide delivery (Chapter 7).
- How high speed trains in Europe benefit travellers, the environment and the economies of communities served (Chapter 10).
- The world’s distribution of income and how technology affects distribution (Chapter 33).
The world economy (Chapters 35 and 36)
Table of Contents
- Part I. Introduction to Economics
- 1. The Scope and method of economics
- 2. The economic problem. Scarcity and Choice
- 3. Demand, Supply and Market Equilibrium
- 4. Demand and Supply Applications
- 5. Elasticity
- Part II. the Market System
- 6. Household Behaviour and Consumer Choice
- 7. The Production Process. the Behaviour of Profit-Maximizing Firms
- 8. Short-Run Costs and Output Decisions
- 9. Long-Run Costs and Output Decisions
- 10. Input Demand. the Labour and Land Markets
- 11. Input Demand. the Capital Market and the Investment Decision
- 12. General Equilibrium and the Efficiency of Perfect Competition
- Part III. Market Imperfections and the Role of Government
- 13. Monopoly and Antitrust Policy
- 14. Oligopoly
- 15. Monopolistic Competition
- 16. Externalities, Public Goods and Common Resources
- 17. Uncertainty and Asymmetric Information
- 18. Income Distribution and Poverty
- 19. Public Finance. the Economics of Taxation
- Part IV. Concepts and Problems in Macroeconomics
- 20. Introduction to Macroeconomics
- 21. Measuring National Output and National Income
- 22. Unemployment, Inflation and Long-Run Growth
- Part V. The Core of Macroeconomic Theory
- 23. Aggregate Expenditure and Equilibrium Output
- 24. The Government and Fiscal Policy
- 25. Money, the Federal Reserve and the Interest Rate
- 26. The Determination of Aggregate Output, the Price Level and the Interest Rate
- 27. Policy Effects and Cost Shocks in the AS/AD Model
- 28. The Labour Market in the Macro economy
- Part VI. Further Macroeconomics Issues
- 29. Financial Crises, Stabilization and Deficits
- 30. Household and Firm Behaviour in the Macro economy. A Further Look
- 31. Long-Run Growth
- 32. Alternative Views in Macroeconomics
- Part VII. the World Economy
- 33. International Trade, Comparative Advantage and Protectionism
- 34. Open-Economy Macroeconomics. The Balance of Payments and Exchange Rates
- 35. Economic Growth in Developing Economies
- Part VIII. Methodology
- 36. Critical Thinking about Research.
| Book | |
|---|---|
| Author | Case |
| Pages | 816 |
| Year | 2017 |
| ISBN | 9789352863433 |
| Publisher | Pearson |
| Language | English |
| Uncategorized | |
| Edition | 12/e |
| Weight | 1.42 kg |
| Dimensions | 20.3 x 25.4 x 4.7 cm |
| Binding | Paperback |