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Student Edition
Instructor Edition
Principles of Economics, 2/e

Moore McDowell, University College Dublin
Rodney Thom, University College Dublin
Robert Frank, Cornell University
Ben Bernanke, Princeton University

ISBN: 0077121694
Copyright year: 2010

Table of Contents



Part 1: Introduction
1. Thinking Like An Economist
2. Markets, Specialisation and Economic Efficiency
3. Markets, Supply, Demand and Elasticity

Part 2: Competition and the ‘Invisible Hand’
4. Demand: The Benefit Side of the Market
5. Perfectly Competitive Supply: the Cost Side of the Market
6. Efficiency and Exchange
7. Profits, Entry and Exit: the Basis for the ‘Invisible Hand’

Part 3: Market Imperfections (1): Market Power
8. Imperfect Competition and the Consequence of Market Power
9. Thinking Strategically 1: Interdependence, Decision-Making and the Theory of Games
10. Thinking Strategically 2: Competition among the Few

Part 4: Market Imperfections (2): Externalities, Information, Distribution and the role of the Government in a Market Economy
11. Externalities and Property Rights
12. The Economics of Information
13. Labour Markets, Income Distribution, Wealth and Poverty Government in the Market: Regulation and Production of Public Goods and Other Services
14. Government in the Market Economy: Regulation and Production of Public Goods and Other Services

Part 5: Macroeconomics; Issues and Data
15. Macroeconomics: the Birds-Eye View of the Economy
16. Measuring Economics Activity: Gross Domestic Product
17. Measuring the Price Level and Inflation
18. The Labour Market: Wages and Unemployment

Part 6: The Economy in the Long Run
19. Economic Growth, Productivity and Living Standards
20. Capital Markets: Saving, Investment and Capital Formation

Part 7: The Economy in the Short Run
21. Short Term Economic
22. Money and Interest Rates
23. The IS-LM Model
24. Stabilising the Economy: The Role of Fiscal Policy
25. Stabilising the Economy: The Role of Monetary Policy
26. Aggregate Demand, Aggregate supply and Information
27. Controlling Inflation

Part 8: The International Economy
28. The International Economy


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