Uncover the Essence of Economics with the 2024 Release of Principles of Economics.
Dive into the heart of economics with our Principles of Economics 2024 Release. We strip away unnecessary details, focusing on seven core principles that transform students into economic naturalists. Say goodbye to overwhelming encyclopedic texts; this approach ensures all backgrounds gain practical economic insights. Step beyond the theoretical: engaging questions, explanations, exercises, and videos connect economic principles to everyday experiences. Whether it's using the ATM or buying airline tickets, students become economic naturalists who apply basic principles to decipher the world around them.
Economic Naturalist, Learning Glass concept overview and Worked Problem videos, created by the authors, provide a clear understanding of complex concepts. No more struggling with abstract ideas; videos make learning both accessible and enjoyable. Frank, Nobel-Prize winner: Bernanke, Antonovics, and Heffetz bring their expertise to every chapter. Join the movement towards economic enlightenment, where learning is fresh, engaging, and always up-to-date.
By:
Robert Frank,
Ben Bernanke,
Kate Antonovics,
Ori Heffetz
Imprint: McGraw-Hill Education
Country of Publication: United States
Edition: 9th edition
Weight: 1.565kg
ISBN: 9781266898822
ISBN 10: 1266898824
Pages: 888
Publication Date: 11 April 2024
Audience:
College/higher education
,
Primary
Format: Paperback
Publisher's Status: Active
PART 1: INTRODUCTION 1 Thinking Like an Economist 2 Comparative Advantage 3 Supply and Demand PART 2: COMPETITION AND THE INVISIBLE HAND 4 Elasticity 5 Demand 6 Perfectly Competitive Supply 7 Efficiency, Exchange, and the Invisible Hand in Action PART 3: MARKET IMPERFECTIONS 8 Monopoly, Oligopoly, and Monopolistic Competition 9 Games and Strategic Behavior 10 An Introduction to Behavioral Economics 11 Externalities, Property Rights, and the Environment PART 4: ECONOMICS OF PUBLIC POLICY 12 The Economics of Information 13 Labor Markets, Poverty, and Income Distribution 14 Public Goods and Tax Policy PART 5: INTERNATIONAL TRADE 15 International Trade and Trade Policy PART 6: MACROECONOMIC ISSUES AND DATA 16 Macroeconomics: The Bird’s-Eye View of the Economy 17 Measuring Economic Activity: GDP and Unemployment 18 Measuring the Price Level and Inflation PART 7: THE ECONOMY IN THE LONG RUN 19 Economic Growth, Productivity, and Living Standards 20 The Labor Market Workers, Wages, and Unemployment 21 Saving and Capital Formation 22 Money, Prices, and the Federal Reserve 23 Financial Markets and International Capital Flows PART 8: THE ECONOMY IN THE SHORT RUN 24 Short-Term Economic Fluctuations: An Introduction 25 Spending and Output in the Short Run 26 Stabilizing the Economy The Role of the Fed 27 Aggregate Demand, Aggregate Supply, and Inflation PART 9: THE INTERNATIONAL ECONOMY 28 Exchange Rates and the Open Economy
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. 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 a Professor of Economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University, and at the Economics Department at the Hebrew University of Jerusalem.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 Cornell’s Ithaca and New York City campuses, in Jerusalem, in Toronto, and via live videoconferencing in dozens of cities across the United States, Canada, and Latin America.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 economic indicators, well-being measures, household consumption patterns, individual economic decision making, and survey methodology and measurement. He was a visiting scholar at the Bank of Israel (2011), UC Berkeley (2019), Harvard (2019), and Princeton (2022); is currently a Research Associate at the National Bureau of Economic Research (NBER); and serves as chair of the Public Council of Statistics Israel and as editor ofSocial Choice and Welfare.