Brue, Stanley L.

Essentials of economics / Stanley L. Brue, Campbell R. McConnell, Sean M. Flynn ; With the special assistance of Randy R. Grant. - Third edition International edition - New York, NY : McGraw Hill Education, c2014 - xxix, 465 pages ; 27 cm

Includes index.

Part One Introduction -- Limits, alternatives and choices -- The market system and the circular flow -- Part Two Price, quantity, and efficiency -- Demand, supply, and market equilibrium -- Elasticity of demand and supply -- Market failures: public goods and externalities -- Part Three Product markets -- Businesses and their costs -- Pure competition -- Pure monopoly -- Monopolistic competition and oligopoly -- Resource markets Web Chapter A Wage determination -- Web Chapter B Income inequality and poverty -- Part Four GDP, growth, and instability -- GDP and economic growth -- Business cycles, unemployment, and inflation -- Aggregate demand and aggregate supply -- Fiscal policy, deficits, and debt -- Part Five Money, banking, and monetary policy -- Money, banking, and financial institutions -- Interest rates and monetary policy -- Part Six International economics -- International trade and exchange rates.

9789814599863 (paperback)


Economics

HB171 / B83 2014