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Economics

Economics

22nd Edition
By Campbell McConnell and Stanley Brue and Sean Flynn
ISBN10: 1260226778
ISBN13: 9781260226775
Copyright: 2021
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The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.

Program Details

PART ONE
Introduction to Economics and the Economy
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. Market Failures Caused by Externalities
5. Public Goods, Public Choice, and
Government Failure

PART THREE
Consumer Behavior
6. Elasticity
7. Utility Maximization
8. Behavioral Economics

PART FOUR
Microeconomics of Product Markets
9. Businesses and the Costs of Production
10. Pure Competition in the Short Run
11. Pure Competition in the Long Run
12. Pure Monopoly
13. Monopolistic Competition
14. Oligopoly and Strategic Behavior
15. Technology, R&D, and Efficiency

PART FIVE
Microeconomics of Resource Markets and Government
16. The Demand for Resources
17. Wage Determination
18. Rent, Interest, and Profit
19. Natural Resource and Energy Economics
20. Public Finance: Expenditures and Taxes

PART SIX
Microeconomic Issues and Policies
21. Antitrust Policy and Regulation
22. Agriculture: Economics and Policy
23. Income Inequality, Poverty, and Discrimination
24. Health Care
25. Immigration
 
PART SEVEN
GDP, Growth, and Instability
26. An Introduction to Macroeconomics
27. Measuring Domestic Output and National Income
28. Economic Growth
29. Business Cycles, Unemployment, and Inflation

PART EIGHT
30. Basic Macroeconomic Relationships
31. The Aggregate Expenditures Model
32. Aggregate Demand and Aggregate Supply
33. Fiscal Policy, Deficits, and Debt

PART NINE
Money, Banking, and Monetary Policy
34. Money, Banking, and Financial Institutions
35. Money Creation
36. Interest Rates and Monetary Policy
37. Financial Economics

PART TEN
Extensions and Issues
38. Extending the Analysis of Aggregate Supply
39. Current Issues in Macro Theory and Policy

PART ELEVEN
International Economics
40. International Trade
41. The Balance of Payments, Exchange Rates, and Trade Deficits
42. The Economics of Developing Countries


 

About the Author

Campbell McConnell

Campbell R. McConnell earned his Ph.D. from the University of Iowa after receiving degrees from Cornell College and the University of Illinois. He taught at the University of Nebraska-Lincoln from 1953 until his retirement in 1990. He is also coauthor of Contemporary Labor Economics, Seventh edition, and Essentials of Economics, First edition (both The McGraw-Hill Companies), and has edited readers for the principles and labor economics courses. He is a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award, and is past-president of the Midwest Economics Association. Professor McConnell was awarded an honorary Doctor of Laws degree from Cornell College in 1973 and received its Distinguished Achievement Award in 1994.

Stanley Brue

Stanley L. Brue did his undergraduate work at Augustana College (South Dakota) and received its Distinguished Achievement Award in 1991. He received his Ph.D. from the University of Nebraska–Lincoln. He is a professor at Pacific Lutheran University, where he has been honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economic education. He has served as national president and chair of the Board of Trustees of Omicron Delta Epsilon International Economics Honorary. He is coauthor of Economic Scenes, Fifth edition (Prentice-Hall), Contemporary Labor Economics, Seventh edition, Essentials of Economics, First edition (both The McGraw-Hill Companies), and The Evolution of Economic Thought, Seventh edition (South-Western).

Sean Flynn

Sean is an assistant professor of economics at Scripps College in Claremont, California. He is the author of the international best seller "Economics for Dummies" as well as the coauthor, along with Campbell McConnell and Stanley Brue, of the world's best-selling college economics textbook, "Economics: Principles, Problems, and Policies".
An avid martial artist, Sean is a former Aikido national champion and has coached five of his students to U.S. national aikido titles.
A recurring commentator on FOX Business, ABC News, and NPR, Sean holds a B.A. in economics from the University of Southern California and a Ph.D. in economics from U.C. Berkeley, where he completed his dissertation under the supervision of Nobel Laureate George Akerlof.
Sean's research focuses on the often puzzling and seemingly irrational behavior of stock market investors, but he's also investigated topics as wide-ranging as the factors that affect customer tipping behavior at restaurants and why you see a lot of unionized workers only in certain industries.

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