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ISBN10: 1265350647 | ISBN13: 9781265350642
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Brue Essentials of Economics, 5th Edition, provides a fresh alternative to the survey course that is both substantive and appropriate for the introductory economics student. Essentials of Economics provides the best elements of McConnell/Brue/Flynn Economics 22nd edition with unique content designed to help students understand and engage with the material in one semester.
Brue helps students master the principles essential for understanding the economic problem, specific economic issues, and policy alternatives. It helps students understand and apply the economic perspective and reason accurately and objectively about economic matters. Finally, Brue promotes a lasting student interest in economics and the economy.
With Connect, the fully integrated digital package, including SmartBook 2.0 adaptive reading, videos, interactive graphs, and math prep – Essentials of Economics is an engaging and unique offer for the condensed survey course format that illustrates concepts in a relatable and readable way.
Chapter 1: Limits, Alternatives, and Choices
Chapter One Appendix: Graphs and Their Meaning
Chapter 2: The Market System and the Circular Flow
PART TWO: Price, Quantity, and Efficiency
Chapter 3: Demand, Supply, and Market Equilibrium
Chapter Three Appendix: Additional Examples of Supply and Demand
Chapter 4: Elasticity of Demand and Supply
Chapter 5: Market Failures: Public Goods and Externalities
PART THREE: Product Markets
Chapter 6: Businesses and Their Costs
Chapter 7: Pure Competition
Chapter 8: Pure Monopoly
Chapter 9: Monopolistic Competition and Oligopoly
PART FOUR: GDP, Growth, and Instability
Chapter 10: GDP and Economic Growth
Chapter 11: Business Cycles, Unemployment, and Inflation
Chapter 12: Aggregate Demand and Aggregate Supply
Chapter 13: Fiscal Policy, Deficits, and Debt
PART FIVE: Money, Banking, and Monetary Policy
Chapter 14: Money, Banking, and Financial Institutions
Chapter 15: Interest Rates and Monetary Policy
PART SIX: International Economics
Chapter 16: International Trade and Exchange Rates
PART SEVEN: Resource Markets
Chapter 17: Wage Determination
Chapter 18: Income Inequality and Poverty
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