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Essentials of Economics

Essentials of Economics


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About the Book

Essentials of Economics, 4th Edition, provides a fresh alternative to the survey course that is both substantive and appropriate for the introductory economics student. Essentials of Economics provides the best elements of McConnell Economics 21st edition with unique content designed to help students understand the material in one semester. With a fully integrated digital package that includes SmartBook, videos, interactive graphs, and math prep--Essentials of Economics is an engaging and unique offer for the condensed survey course format that illustrates concepts in a relatable and readable way.

Table of Contents:
Introduction  Chapter One Appendix: Graphs and Their Meaning 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 Chapter Three Appendix: Additional Examples of Supply and Demand 4. Elasticity of Demand and Supply 5. Market Failures: Public Goods and Externalities PART THREE Product Markets 6. Businesses and Their Costs 7. Pure Competition 8. Pure Monopoly 9. Monopolistic Competition and Oligopoly PART FOUR GDP, Growth, and Instability 10. GDP and Economic Growth 11. Business Cycles, Unemployment, and Inflation 12. Aggregate Demand and Aggregate Supply 13. Fiscal Policy, Deficits, and Debt PART FIVE  Money, Banking, and Monetary Policy 14. Money, Banking, and Financial Institutions 15. Interest Rates and Monetary Policy PART SIX International Economics 16. International Trade and Exchange Rates PART SEVEN Resource Markets 17. Wage Determination 18. Income Inequality and Poverty

About the Author :
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 retired from a long career at Pacific Lutheran University, where he was honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economics 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, twelfth edition; Essentials of Economics, fourth edition and The Evolution of Economic Thought, eighth edition (Cengage Learning). For relaxation, he enjoys international travel, attending sporting events, and going on fishing trips. Cambell R. McConnell earned his Ph.D. at the University of Iowa after receiving degrees from Cornell College and the University of Illinois. He taught at the University of NebraskaLincoln from 1953 until his retirement in 1990. He was also coauthor of Contemporary Labor Economics and Essentials of Economics. He was a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award and served as 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. He was also a jazz expert and aficionado until his passing in 2019. Sean M. Flynn did his undergraduate work at the University of Southern California before completing his Ph.D. at U.C. Berkeley, where he served as the Head Graduate Student Instructor for the Department of Economics after receiving the Outstanding Graduate Student Instructor Award. He teaches at Scripps College (of the Claremont Colleges) and is the author of Economics for Dummies, third edition (Wiley); Essentials of Economics, fourth edition; and The Cure That Works: How to Have the Worlds Best Healthcareat a Quarter of the Price (Regnery). His research interests include behavioral finance, behavioral economics, and health care economics. An accomplished martial artist, Sean has coached five of his students to national championships and is the author of Understanding Shodokan Aikido. Other hobbies include running, traveling, and cooking.


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Product Details
  • ISBN-13: 9781259234620
  • Publisher: McGraw-Hill Education
  • Publisher Imprint: Mcgraw-Hill Education
  • Language: English
  • ISBN-10: 1259234622
  • Publisher Date: 16 Jan 2018
  • Binding: Hardback
  • Weight: 1089 gr


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