Synopses & Reviews
ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you select the correct ISBN. Several versions of Pearson's MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition, you may need a CourseID, provided by your instructor, to register for and use Pearson's MyLab & Mastering products.
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-- For courses in Principles of Economics
This package includes MyEconLab®.
Acemoglu, Laibson, List: An evidence-based approach to economics
Throughout Economics, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them.
Taking a fresh approach, the authors use the themes of optimization, equilibrium and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text’s practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives.
Personalize learning with MyEconLab
MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.
This package contains:
• 0321391586 / 9780321391582: Economics, 1/e
• 0133487741 / 9780133487749: MyEconLab with Pearson eText Access Card for Economics, 1/e
Synopsis
ALERT: Before you purchase, check with your instructor or review your course syllabus to ensure that you
select the correct ISBN. Several versions of Pearson's MyLab & Mastering products exist for each title, including customized versions for individual schools, and registrations are not transferable. In addition,
you may need a CourseID, provided by your instructor, to register for and use Pearson's MyLab & Mastering products.
Packages
Access codes for Pearson's MyLab & Mastering products may not be included when purchasing or renting from companies other than Pearson; check with the seller before completing your purchase.
Used or rental books
If you rent or purchase a used book with an access code, the access code may have been redeemed previously and you may have to purchase a new access code.
Access codes
Access codes that are purchased from sellers other than Pearson carry a higher risk of being either the wrong ISBN or a previously redeemed code. Check with the seller prior to purchase.
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Table of Contents
I. Introduction to Economics 1. The Principles and Practice of Economics
2. Economic Methods and Economic Questions
3. Optimization: Doing the Best You Can
4. Demand, Supply, and Equilibrium
II. Foundations of Microeconomics
5. Consumers and Incentives
6. Sellers and Incentives
7. Perfect Competition and the Invisible Hand
8. Trade
9. Externalities and Public Goods
10. The Government in the Economy: Taxation and Regulation
11. Markets for Factors of Production
III. Market Structure
12. Monopoly
13. Game Theory and Strategic Play
14. Oligopoly and Monopolistic Competition
IV. Extending the Microeconomic Toolbox
15. Trade-offs Involving Time and Risk
16. The Economics of Information
17. Auctions and Bargaining
18. Social Economics
V. Introduction to Macroeconomics
19. The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates
20. Aggregate Incomes
VI. Long-Run Growth and Development
21. Economic Growth
22. Why Isn't the Whole World Developed?
VII. Equilibrium in the Macroeconomy
23. Employment and Unemployment
24. Credit Markets
25. The Monetary System
VIII. Short-Run Fluctuations and Macroeconomic Policy
26. Short-run Fluctuations
27. Countercyclical Macroeconomic Policy
IX. Macroeconomics in a Global Economy
28. Macroeconomics and International Trade
29. Open Economy Macroeconomics
Web Chapter 1. Financial Decision Making
Web Chapter 2. Economics of Life, Health, and the Environment
Web Chapter 3. Political Economy