Foundations of Economics, Global Edition
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Foundations of Economics, Global Edition

Foundations of Economics, Global Edition


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About the Book

For courses in Economics. Guide students through the economic principles that will influence their financial decisions Foundations of Economics, 8th Edition introduces students to the economic principles they can use to navigate the financial decisions of their futures. Each chapter concentrates on a manageable number of ideas, usually 3 to 4, with each reinforced several times throughout the text. This patient approach helps guide students through unfamiliar terrain and focus them on the most important concepts. The text does four core things to help students grasp and apply economic principles: it motivates with compelling issues and questions, focuses on core ideas, offers concise points, and encourages learning with activities and practice questions. After completing this text, students will have the foundational knowledge of how the economy works and can apply it to their lives going forward.  

Table of Contents:
Part 1: Introduction 1. Getting Started 2. The U.S. and Global Economies 3. The Economic Problem 4. Demand and Supply Part 2: A Closer Look at Markets 5. Elasticities of Demand and Supply 6. Efficiency of Fairness and Markets Part 3: How Governments Influence the Economy 7. Government Actions in Markets 8. Taxes 9. Global Markets in Action Part 4: Market Failures and Public Policy 10. Externalities 11. Public Goods and Common Resources 12. Private Information and Healthcare Markets Part 5: A Closer Look At Decision Makers 13. Consumer Choice and Demand 14. Production and Cost Part 6: Prices, Profits, and Industry Performance 15. Perfect Competition 16. Monopoly 17. Monopolistic Competition 18. Oligopoly Part 7: Incomes and Inequality 19. Markets for Factors of Production 20. Economic Inequality Part 8: Monitoring the Macroeconomy 21. GDP: A Measure Of Total Production and Income 22. Jobs and Unemployment 23. The CPI and the Cost of Living Part 9: The Real Economy 24. Potential GDP and the Natural Unemployment Rate 25. Economic Growth 26. Finance, Saving, and Investment Part 10: The Money Economy 27: The Monetary System 28: Money, Interest, and Inflation Part 11: Economic Fluctuations 29. Aggregate Supply and Aggregate Demand 30. Aggregate Expenditure Multiplier 31. The Short-Run Policy Tradeoff Part 12: Macroeconomic Policy 32. Fiscal Policy 33. Monetary Policy 34. International Finance


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Product Details
  • ISBN-13: 9781292217888
  • Publisher: Pearson Education Limited
  • Publisher Imprint: Pearson Education Limited
  • Height: 274 mm
  • No of Pages: 1000
  • Weight: 1905 gr
  • ISBN-10: 129221788X
  • Publisher Date: 06 Jul 2018
  • Binding: Paperback
  • Language: English
  • Spine Width: 33 mm
  • Width: 215 mm


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