Economics, Brief Edition, 3rd Edition
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McConnell, Brue and Flynn’s Economics: Brief Edition, 3e comes from the same author team as the market-leading Principles of Economics textbook. Economics: Brief Edition tailors the core concepts from proven leader Economics, 21st edition to create a concise introduction to the course that is distinct in purpose, style, and coverage. Like the 21st edition, Economics: Brief Edition, 3e continues to be innovative while teaching students in a clear, unbiased way. Content and pedagogy have 3 main goals: help the beginning student master the principles essential for understanding 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; and promote a lasting student interest in economics and the economy. Connect Economics- McConnell Brief 3e also brings a robust set of digital tools to engage today’s students. From SmartBook to videos and interactive graphs, students have the tools to learn economics principles and apply how it relates to their everyday lives.
Part One: Introduction
Chapter 1 Limits, Alternatives, and Choices
Chapter 2 The Market System and the Circular Flow
Part Two: Price, Quantity, and Efficiency
Chapter 3 Demand, Supply, and Market Equilibrium
Appendix 3: Additional Examples of Supply and Demand
Chapter 4 Elasticity of Demand and Supply
Chapter 5 Market Failures: Public Goods and Externalities
Part Three: Product Markets
Chapter 6 Businesses and Their Costs
Chapter 7 Pure Competition
Chapter 8 Pure Monopoly
Chapter 9 Monopolistic Competition and Oligopoly
Part Four: Resource Markets and Government
Chapter 10 Wage Determination
Chapter 11 Income Inequality and Poverty
Chapter 12 Public Finance: Expenditures and Taxes
Part Five: GDP, Growth, and Instability
Chapter 13 GDP and Economic Growth
Chapter 14 Business Cycles, Unemployment, and Inflation
Chapter 15 Aggregate Demand and Aggregate Supply
Chapter 16 Fiscal Policy, Deficits, and Debt
Part Six: Money, Banking, and Monetary Policy
Chapter 17 Money, Banking, and Financial Institutions
Chapter 18 Interest Rates and Monetary Policy
Part Seven: Long-Run Considerations and International Economics
Chapter 19 Long-Run Aggregate Supply and Aggregate Demand
Chapter 20 International Trade and Exchange Rates
Chapter 21 Behavioral Economics
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