Economics : principles, problems, and policies / Campbell R. McConnell, Stanley L. Brue.
Material type: TextPublication details: Boston : McGraw-Hill/Irwin, c2005.Edition: 16th edDescription: xxx, 733 p. : col. ill. ; 27 cmISBN:- 9780072819359
- 330 McC
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Various multi-media supplements are available to supplement the text.
Includes bibliographical references and index.
Introduction to Economics and the Economy: Nature and Method of Economics; Economizing Problem; Individual Markets, Demand and Supply; Market System; U.S. Economy, Private and Public Sectors; United States in the Global Economy
Macroeconomic Measurement and Basic Concepts; Measuring Domestic Output and National Income; Introduction to Economic Growth and Instability; Basic Macroeconomic Relationships
Macroeconomic Models and Fiscal Policy: Aggregate Expenditures Model; Aggregate Demand and Aggregate Supply; Fiscal Policy
Money, Banking, and Monetary Policy: Money and Banking; How Banks and Thrifts Create Money; Monetary Policy
Long-Run Perspectives and Macroeconomic Debates: Extending the Analysis of Aggregate Supply; Economic Growth; Deficits, Surpluses, and the Public Debt; Disputes over Macro Theory and Policy
Microeconomics of Product Markets: Elasticity of Demand and Supply; Consumer Behavior and Utility Maximization; Costs of Production; Pure Competition; Pure Monopoly; Monopolistic Competition and Oligopoly; Technology, R & D, and Efficiency
Microeconomics of Resource Markets; Demand for Resources; Wage Determination; Rent, Interest, and Profit
Microeconomics of Government: Government and Market Failure; Public Choice Theory and the Economics of Taxation
Microeconomic Issues and Policies: Antitrust Policy and Regulation; Agriculture, Economics and Policy; Income Inequality and Poverty; Labor Market Institutions and Issues, Unionism, Discrimination, Immigration; Economics of Health Care
International Economics and the World Economy; International Trade; Exchange Rates, the Balance of Payments, and Trade Deficits; Economics of Developing Countries; Transition Economies: Russia and China
[The authors] have three main goals for [this volume]: help the beginning student master the principles essential for understating the economizing problem, specific economic issues, and the 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.-Pref
eng.
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