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Principles of Economics
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Student Edition
Instructor Edition
Principles of Economics

Moore McDowell
Rodney Thom
Robert Frank
Ben Bernanke

ISBN: 0077108310
Copyright year: 2006

Table of Contents



Part 1 Introduction
1. Thinking Like an Economist
2. Comparative Advantage: The Basis for Exchange
3. Supply and Demand: An Introduction

Part 2 Competition and the Invisible Hand
4. Elasticity
5. Demand: The Benefit Side of the Market
6. Perfectly Competitive Supply: The Cost Side of the Market
7. Efficiency and Exchange
8. The Quest for Profit and the Invisible Hand
9. International Trade

Part 3 Market Imperfections
10. Monopoly and Other Forms of Imperfect Competition
11. Thinking Strategically: A Further Look at Monopolistic Competition and Oligopoly
12. Externalities and Property Rights
13. The Economics of Information

Part 4 Economics of Public Policy
14. Labor Markets, Poverty, and Income Distribution
15. The Environment, Health, and Safety
16. Public Goods and Tax Policy

Part 5 Macroeconomics: Issues and Data
17. Macroeconomics: The Bird's-Eye View of the Economy
18. Measuring Economic Activity: GDP and Unemployment
19. Measuring the Price Level and Inflation

Part 6 The Economy in the Long Run 20. Economic Growth, Productivity, and Living Standards
21. Workers, Wages, and Unemployment in the Modern Economy
22. Saving and Capital Formation
23. Money and the Federal Reserve
24. Financial Markets and International Capital Flow

Part 7 The Economy in the Short Run
25. Short-term Economic Fluctuations: An Introduction
26. Spending Output in the Short Run
27. Stabilizing the Economy: The Role of the Fed
28. Inflation, Aggregate Supply, and Aggregate Demand
29. The Practice and Pitfalls of Macroeconomic Policy

Part 8 The International Economy
30. Exchange Rates and the Open Economy

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