Principles and Applications of Economics

Fresh new cutting-edge examples throughout this edition as well as updated mini-cases clearly illustrate core economic theory and applications in action.

Description:
1.This edition's streamlined chapters focus on today's most important economic theories and events as well as how they relate to practical situations. 2.This easy-to-understand comprehensive text equips students with a solid economic foundation they can build on for success no matter what their careers.
3.New diagrams, interactive online exercises, graphing applications, and Internet research resources give students hands-on experience in understanding current economic challenges.
4.The book demonstrates how economics is an integrated, powerful body of knowledge able to address complex domestic and global issues.


Features:
1.Proven authors offer authoritative, practical perspectives on emerging issues.
2.Emphasis on core economic theory ensures solid foundation.
3.Clear microeconomics approach clarifies concepts for students.
4.Modern macroeconomics approach provides thorough understanding of contemporary issues.
5.Homework and course management technology as well as cases ensure an interactive, dynamic learning environment.

◎作者：Marc Lieberman
　現職：New York University

◎作者：Robert E. Hall
　現職：Stanford University

PART I: PRELIMINARIES
Ch 1 What Is Economics?
Ch 2 Scarcity, Choice, and Economic Systems

PART II: MARKETS AND PRICES
Ch 3 Supply and Demand
Ch 4 Working with Supply and Demand
Ch 5 Elasticity

PART III: MICROECONOMIC DECISION MAKERS
Ch 6 Consumer Choice
Ch 7 Production and Cost
Ch 8 How Firms Make Decisions: Profit Maximization

PART IV: PRODUCT MARKETS
Ch 9 Perfect Competition
Ch10 Monopoly
Ch11 Monopolistic Competition and Oligopoly

PART V: LABOR, CAPITAL, AND FINANCIAL MARKETS
Ch12 Labor Markets
Ch13 Capital and Financial Markets

PART VI: EFFICIENCY, GOVERNMENT, AND INTERNATIONAL TRADE
Ch14 Economic Efficiency and the Competitive Ideal
Ch15 Government's Role in Economic Efficiency
Ch16 Comparative Advantage and the Gains from International Trade

PART VII: MACROECONOMICS: BASIC CONCEPTS
Ch17 What Macroeconomics Tries to Explain
Ch18 Production, Income, and Employment
Ch19 The Price Level and Inflation

PART VIII: LONG-RUN MACROECONOMICS
Ch20 The Classical Long-Run Model
Ch21 Economic Growth and Rising Living Standards

PART IX: THE SHORT-RUN MODEL AND FISCAL POLICY
Ch22 Economic Fluctuations
Ch23 The Short-Run Macro Model
Ch24 Fiscal Policy

PART X: EXPANDING THE MODEL: MONEY, PRICES AND THE GLOBAL ECONOMY
Ch25 Money, Banks, and the Federal Reserve
Ch26 The Money Market and the Monetary Policy
Ch27 Aggregate Demand and Aggregate Supply
Ch28 Inflation and Monetary Policy
Ch29 Exchange Rates and Macroeconomic Policy