This pack contains 1 copy of Essentials of Economics and 1 printed access card to MyEconLab with eText. Many students of first year economics ask themselves "why am I here?" and "will I ever use this?". Essentials of Economics answers these questions by demonstrating that real businesses use economics to make real decisions every day.
PART 1 INTRODUCTION CHAPTER 1 Economics: foundations and models CHAPTER 1 APPENDIX Using graphs and formulae CHAPTER 2 Choices and trade-offs in the market PART 2 HOW THE MARKET WORKS CHAPTER 3 Where prices come from: the interaction of demand and supply CHAPTER 4 Elasticity: the responsiveness of demand and supply CHAPTER 5 Economic efficiency, government price setting and taxes PART 3 FIRMS AND MARKET STRUCTURES CHAPTER 6 Technology, production and costs CHAPTER 7 Firms in perfectly competitive markets CHAPTER 8 Monopoly markets CHAPTER 8 APPENDIX Price discrimination CHAPTER 9 Monopolistic competition and oligopoly PART 4 MARKETS FOR FACTORS OF PRODUCTION CHAPTER 10 The markets for labour and other factors of production CHAPTER 10 APPENDIX Tools to analyse the decision to purchase capital PART 5 THE ROLE OF GOVERNMENT CHAPTER 11 Government intervention in the market PART 6 MACROECONOMIC FOUNDATIONS CHAPTER 12 GDP: measuring total production, income and economic growth CHAPTER 13 Unemployment and inflation CHAPTER 14 Aggregate demand and aggregate supply analysis CHAPTER 14 APPENDIX The aggregate expenditure model PART 7 MONETARY AND FISCAL POLICY CHAPTER 15 Money, banks and the Reserve Bank of Australia CHAPTER 16 Monetary policy CHAPTER 17 Fiscal policy CHAPTER 17 APPENDIX 1 Is there a short-run trade-off between unemployment and inflation? CHAPTER 17 APPENDIX 2 A closer look at the multiplier PART 8 THE INTERNATIONAL ECONOMY CHAPTER 18 International trade CHAPTER 19 Macroeconomics in an open economy Click here to download the detailed contents list (693 Kb)
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