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Essentials of Economics
by Brue, Stanley; McConnell, Campbell; Flynn, SeanBuy New
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Summary
Table of Contents
PART ONE: Introduction
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
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
Web Chapter A: Wage Determination
Web Chapter B: Income Inequality and Poverty
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
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