Synopses & Reviews
Synopsis
For courses in the Principles of Economics.
Introduces Readers to the Basic Concepts of Economics with Timely, Engaging Stories and Applications
Readers hoping to gain a better understanding of economics and the world around them often leave with their questions unanswered.
Survey of Economics: Principles, Applications, and Tools is built upon the author s philosophy of using the basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications.
The Seventh Edition incorporates updated figures and data, while also emphasizing current topics of interest including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter-opening stories related to the most up-to-date developments in economics. Covering both macroeconomics and microeconomics in one concise paperback volume, this book shows readers how to think and act like an economist by showing them how to use economic concepts in their everyday lives and careers.
Also Available with MyEconLab(r)
This title is available with MyEconLab 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.
NOTE: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab search for:
0134424050 / 9780134424057 Survey of Economics: Principles, Applications, and Tools Plus MyEconLab with Pearson eText (1-semester access) -- Access Card Package
Package consists of:
- 0134062566 / 9780134062563 MyEconLab with Pearson eText -- Access Card -- for Survey of Economics: Principles, Applications and Tools
- 0134089030 / 9780134089034 Survey of Economics: Principles, Applications, and Tools
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Synopsis
Readers hoping to gain a better understanding of economics and the world around them often leave with their questions unanswered.
Survey of Economics: Principles, Applications, and Tools is built upon the author's philosophy of using the basic concepts of economics to explain a wide variety of timely, engaging, real-world economic applications.
The
Seventh Edition incorporates updated figures and data, while also emphasizing current topics of interest-including the severe economic downturn of recent years and the latest developments in economic thinking. It also includes newly refined Learning Objectives that introduce the concepts explored in each chapter, along with new applications and chapter-opening stories related to the most up-to-date developments in economics. Covering both macroeconomics and microeconomics in one concise paperback volume, this book shows readers how to think and act like an economist by showing them how to use economic concepts in their everyday lives and careers.
KEY TOPICS: Introduction: What is Economics?; Key Principles of Economics; Demand, Supply, and Market Equilibrium; Elasticity: A Measure of Responsiveness; Production Technology and Cost; Perfect Competition; Monopoly and Price Discrimination; Market Entry, Monopolistic Competition, and Oligopoly; Market Failure: Imperfect Information, External Benefits, and External Costs; The Labor Market and the Distribution of Income; Measuring a Nation's Production and Income; Unemployment and Inflation; Why Do Economies Grow?; Aggregate Demand and Aggregate Supply; Fiscal Policy; Money and the Banking System; Monetary Policy and Inflation; International Trade and Finance
MARKET: For economists, financial analysts, and other finance professionals.