Economics: Principles and Applications

✍ Scribed by Robert Ernest Hall, Marc Lieberman

• Publisher: Thomson South-Western
• Year: 2002
• Tongue: English
• Leaves: 901
• Edition: 2nd
• Category: Library

✦ Synopsis

This is a no-nonsense principles book that emphasizes economic theory and applications. The book is a study tool for students and the pedagogical approach and in-text features were chosen to reinforce that theme. It provides students with a picture of economics as a unified discipline, a set of interrelated tools and ideas that can be used to look at the world in a different way, and the less-is-more approach has been carefully crafted in both content and supporting pedagogy to keep students focused on learning and applying the central ideas used in economic analysis. It teaches students how to use analytical processes in developing their own economic analysis skills. Hall/Lieberman's careful focus on core theoretical ideas, as well as their systematic application of theoretical tools to timely real-world questions, conveys the message that economics is an integrated, powerful body of knowledge that can be used to address domestic and global issues.

✦ Table of Contents

51ddpDgY3xL.pdf......Page 1
1 - What Is Economics.pdf......Page 2
2 - Scarcity, Choice, and Economic Systems.pdf......Page 22
3 - Supply and Demand.pdf......Page 48
4 - Working with Supply and Demand.pdf......Page 84
5 - Consumer Choice.pdf......Page 122
6 - Production and Cost.pdf......Page 156
7 - How Firms Make Decisions Profit Maximization.pdf......Page 190
8 - Perfect Competition.pdf......Page 218
9 - Monopoly.pdf......Page 250
10 - Monopolistic Competition and Oligopoly.pdf......Page 280
11 - The Labor Market.pdf......Page 312
12 - Income Inequality.pdf......Page 350
13 - Capital and Financial Markets.pdf......Page 382
14 - Economic Efficiency and the Competitive Ideal.pdf......Page 416
15 - Government's Role in Economic Efficiency.pdf......Page 438
16 - Comparative Advantage and the Gains From Trade.pdf......Page 474
17 - What Macroeconomics Tries to Explain.pdf......Page 524
18 - Production, Income, and Unemployment.pdf......Page 536
19 - The Monetary System, Prices, and Inflation.pdf......Page 566
20 - The Classical Long-Run Model.pdf......Page 590
21 - Economic Growth and Rising Living Standards.pdf......Page 616
22 - Economic Fluctuations.pdf......Page 646
23 - The Short-Run Macro Model.pdf......Page 664
24 - The Banking System and the Money Supply.pdf......Page 704
25 - The Money Market and the Interest Rate.pdf......Page 732
26 - Aggregate Demand and Aggregate Supply.pdf......Page 758
27 - Inflations and Monetary Policy.pdf......Page 790
28 - Fiscal Policy Taxes, Spending, and the Federal Budget.pdf......Page 814
29 - Exchange Rates and Macroeconomic Policy.pdf......Page 842
Glossary.pdf......Page 892