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Economics by Campbell R. McConnell, Stanley L. Brue and Sean Masaki Flynn

ISBN10: 1265249881 | ISBN13: 9781265249885

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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 and Asymmetric Information
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
11. Pure Monopoly
12. Monopolistic Competition
13. Oligopoly and Strategic Behavior
14. Internet Oligopoly: Networks and Platforms
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. Environmental 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: MACROECONOMIC MODELS AND FISCAL POLICY
30. Basic Macroeconomic Relationships
31. The Aggregate Expenditures Model
32. Aggregate Demand and Aggregate Supply
33. Fiscal Policy, Deficits, and Debt


PART NINE: MONEY, INTEREST RATES, AND MONETARY POLICY
34. Money, the Federal Reserve, and Interest Rates
35. Monetary Policy, GDP, and the Price Level
36. Financial Economics


PART TEN: EXTENSIONS AND ISSUES
37. Extending the Analysis of Aggregate Supply
38. Current Issues in Macro Theory and Policy


PART ELEVEN: INTERNATIONAL ECONOMICS
39. International Trade
40. The Balance of Payments, Exchange Rates, and Trade Deficits
41. The Economics of Developing Countries
42. Personal Finance

About the Author

Campbell R. McConnell

Cambell R. McConnell earned his Ph.D. at 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 was also coauthor of Contemporary Labor Economics and Essentials of Economics. He was a recipient of both the University of Nebraska Distinguished Teaching Award and the James A. Lake Academic Freedom Award and served as 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. He was also a jazz expert and aficionado until his passing in 2019.


Stanley L. 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 retired from a long career at Pacific Lutheran University, where he was honored as a recipient of the Burlington Northern Faculty Achievement Award. Professor Brue has also received the national Leavey Award for excellence in economics 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, twelfth edition; Essentials of Economics, fourth edition and The Evolution of Economic Thought, eighth edition (Cengage Learning). For relaxation, he enjoys international travel, attending sporting events, and going on fishing trips.

Sean Masaki Flynn

Sean M. Flynn did his undergraduate work at the University of Southern California before completing his Ph.D. at U.C. Berkeley, where he served as the Head Graduate Student Instructor for the Department of Economics after receiving the Outstanding Graduate Student Instructor Award. He teaches at Scripps College (of the Claremont Colleges) and is the author of Economics for Dummies, third edition (Wiley); Essentials of Economics, fourth edition; and The Cure That Works: How to Have the World’s Best Healthcare—at a Quarter of the Price (Regnery). His research interests include behavioral finance, behavioral economics, and health care economics. An accomplished martial artist, Sean has coached five of his students to national championships and is the author of Understanding Shodokan Aikido. Other hobbies include running, traveling, and cooking.

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