Principles of Economics, A Streamlined Approach https://www.mheducation.com/cover-images/Jpeg_400-high/1260226395.jpeg 4 9781260226393 Principles of Economics: A Streamlined Approach seeks to promote a deeper understanding of economics by focusing on core concepts to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to grasp a deeper understanding of economics. Instead of quantitative detail, the focus is on helping students become “economic naturalists,” people who employ basic economic principles to understand and explain the world around them. COVID-19 pandemic content, analysis, and examples further engage students. Fewer themes, less math rigor, and a new suite of video resources allow instructors the flexibility to teach the course they want to teach, whether it’s adopting a flipped classroom format, administering a course online, or just bringing more engaging, digital content into their lectures. Students benefit from more repetition of basic concepts and support through the interactive resources in Connect, resulting in a greater mastery and retention of core economic ideas. With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook's adaptive reading experience, the 4th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
Principles of Economics, A Streamlined Approach

Principles of Economics, A Streamlined Approach

4th Edition
By Robert Frank and Ben Bernanke and Kate Antonovics and Ori Heffetz
ISBN10: 1260226395
ISBN13: 9781260226393
Copyright: 2022
Product Details +
09781260226393

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Program Details

PART 1: Introduction 
1. Thinking Like an Economist 
2. Supply and Demand 
PART 2: Competition and the Invisible Hand
3. Demand and Elasticity 
4. Perfectly Competitive Supply 
5. Efficiency, Exchange, and the Invisible Hand in Action 
PART 3: Market Imperfections
6. Monopoly, Oligopoly, and Monopolistic Competition 
7. Games and Strategic Behavior 
8. An Introduction to Behavioral Economics 
9. Externalities and Property Rights 
PART 4: Economics of Public Policy
10. Using Economics to Make Better Policy Choices 
PART 5: International Trade
11. International Trade and Trade Policy 
PART 6: Macroeconomics: Issues and Data
12. Macroeconomics: The Bird’s-Eye View of the Economy 
13. Measuring Economic Activity: GDP, Unemployment, and Inflation 
PART 7: The Economy in the Long Run
14. Economic Growth, Productivity, and Living Standards 
15. The Labor Market: Workers, Wages, and Unemployment 
16. Saving and Capital Formation 
17. Money, the Federal Reserve, and Global Financial Markets 
PART 8: The Economy in the Short Run
18. Short-Term Economic Fluctuations and Fiscal Policy 
19. Stabilizing the Economy: The Role of the Fed 
20. Aggregate Demand, Aggregate Supply, and Inflation 
PART 9: The International Economy
21. Exchange Rates and the Open Economy 


About the Author

Robert Frank

Robert H. Frank received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behaviour.

Ben Bernanke

Kate Antonovics

Professor Antonovics received her B.A. from Brown University in 1993 and her Ph.D. in economics from the University of Wisconsin in 2000. Shortly thereafter, she joined the faculty in the Economics Department at the University of California, San Diego, where she has been ever since. Professor Antonovics is known for her superb teaching and her innovative use of technology in the classroom. Her highly popular introductory-level microeconomics course regularly enrolls over 450 students each fall. She also teaches labor economics at both the undergraduate and graduate level. In 2012, she received the UCSD Department of Economics award for best undergraduate teaching. Professor Antonovics’s research has focused on racial discrimination, gender discrimination, affirmative action, intergenerational income mobility, learning, and wage dynamics. Her papers have appeared in the American Economic Review, the Review of Economics and Statistics, the Journal of Labor Economics, and the Journal of Human Resources. She is a member of both the American Economic Association and the Society of Labor Economists.

Ori Heffetz

Professor Heffetz received his B.A. in physics and philosophy from Tel Aviv University in 1999 and his Ph.D. in economics from Princeton University in 2005. He is an Associate Professor of Economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he has taught since 2005. Bringing the real world into the classroom, Professor Heffetz has created a unique macroeconomics course that introduces basic concepts and tools from economic theory and applies them to current news and global events. His popular classes are taken by hundreds of students every year, on the Cornell Ithaca campus and, via live videoconferencing, in dozens of cities across the U.S., Canada, and beyond. Professor Heffetz’s research studies the social and cultural aspects of economic behavior, focusing on the mechanisms that drive consumers’ choices and on the links between economic choices, individual well-being, and policymaking. He has published scholarly work on household consumption patterns, individual economic decision making, and survey methodology and measurement. He was a visiting researcher at the Bank of Israel during 2011, is currently a Faculty Research Fellow at the National Bureau of Economic Research (NBER), and serves on the editorial board of Social Choice and Welfare.