Principles of Economics https://www.mheducation.com/cover-images/Jpeg_400-high/1259852067.jpeg 7 9781259852060 Principles of Economics, 7th Edition, provides a deeper understanding of economics by eliminating overwhelming detail and focusing on seven core principles that are reinforced and illustrated throughout the text. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists:" people who employ basic economic principles to understand and explain what they observe in the world around them. With new videos and interactive graphs alongside SmartBook's adaptive reading experience, the 7th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.
Principles of Economics

Principles of Economics

7th Edition
By Robert Frank and Ben Bernanke and Kate Antonovics and Ori Heffetz
ISBN10: 1259852067
ISBN13: 9781259852060
Copyright: 2019
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09781259852060

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ISBN10: 1260110885 | ISBN13: 9781260110883

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ISBN10: 1259852067 | ISBN13: 9781259852060

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ISBN10: 1260110915 | ISBN13: 9781260110913

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ISBN10: 1260577481 | ISBN13: 9781260577488

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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 1: Introduction
Chapter 1: Thinking like an Economist
Chapter 2: Comparative Advantage
Chapter 3: Supply and Demand

Part 2: Competition and the Invisible Hand
Chapter 4: Elasticity
Chapter 5: Demand
Chapter 6: Perfectly Competitive Supply
Chapter 7: Efficiency, Exchange, and the Invisible Hand in Action

Part 3: Market Imperfections
Chapter 8: Monopoly, Oligopoly, and Monopolistic Competition
Chapter 9: Games and Strategic Behavior
Chapter 10: An Introduction to Behavioral Economics
Chapter 11: Externalities, Property Rights, and the Environment
Chapter 12: The Economics of Information

Part 4: Economics of Public Policy
Chapter 13: Labor Markets, Poverty, and Income Distribution
Chapter 14: Public Goods and Tax Policy

Part 5: International Trade
Chapter 15: International Trade and Trade Policy

Part 6: Macroeconomics: Data and Issues
Chapter 16: Macroeconomics: The Birds-Eye View of the Economy
Chapter 17: Measuring Economic Activity: GDP and Unemployment
Chapter 18: Measuring the Price Level and Inflation

Part 7: The Economy in the Long Run
Chapter 19: Economic Growth, Productivity, and Living Standards
Chapter 20: Workers, Wages, and Unemployment 
Chapter 21: Saving and Capital Formation
Chapter 22: Money, Prices, and the Federal Reserve
Chapter 23: Financial Markets and International Capital Flows

Part 8: The Economy in the Short Run
Chapter 24: Short-Term Economic Fluctuations: An Introduction
Chapter 25: Spending and Output in the Short Run
Chapter 26: Stabilizing the Economy: The Role of the Fed
Chapter 27: Aggregate Demand, Aggregate Supply, and Inflation

Part 9: The International Economy
Chapter 28: Exchange Rates and the Open Economy