Last edition Elsevier Think like an economist! Economics touches almost every aspect Think like an economist! Economics touches almost every aspect of life, from climate change to terrorism, taxes to house prices, wages, to how much time to spend studying! Thinking like an economist will enable you to evaluate economic policies, understand human behaviour, and make more informed decisions. This comprehensive revision retains the hallmarks of previous editions, with a thorough and detailed presentation of the principles of economics and on the development of your critical thinking skills.
Last Edition
ISBN 13: 9781292147826
Imprint: Pearson
Language: English
Authors: Michael Parkin
Pub Date: 03/2017
Pages: 832
Illus: Illustrated
Weight: 1,630.000 grams
Size: h 194 X 264 mm
Product Type: Softcover
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- • *New feature* End-of-chapter worked problem supports ‘learning by doing’ and offers an active review of the chapter
- • *New feature* Each chapter starts with a real problem or question which is then developed through the Economics in the News section and additional end-of-chapter questions, supporting critical thinking development
- • *Reimagined feature* All Economics in the News sections have been updated and emphasise solid coverage of real news
- • *Updated coverage* EU membership, healthcare, externalities, immigration, financial markets, bank regulation, the exchange rate, cycles, inflation, and deflation
- Michael Parkin is Professor Emeritus of the University of Western Ontario. His books are used by over a million students across the world.
- Melanie Powell is Reader in Economics at Derby University Business School.
- Kent Matthews is the Sir Julian Hodge Professor of Banking and Finance at the Cardiff Business School.
- PART ONE IThe Scope of Economics
- CHAPTER 1 What Is Economics? 1
- CHAPTER 2 The Economic Problem 29
- PART TWO HOW MARKETS WORK
- CHAPTER 3 Demand and Supply 55
- CHAPTER 4 Elasticity 83
- CHAPTER 5 Efficiency and Equity 105
- CHAPTER 6 Government Actions in Markets 127
- CHAPTER 7 Global Markets in Action 151
- PART THREE HOUSEHOLDS’
- CHAPTER 8 HOUSEHOLDS CHOICES 173
- CHAPTER 9 Organizing Production 195
- CHAPTER 10 Output and Costs 251
- CHAPTER 11 Perfect Competition 273
- CHAPTER 12 Monopoly 299
- CHAPTER 13 Monopolistic Competition 323
- CHAPTER 14 Oligopoly 341
- PART FOUR FIRMS AND MARKETS
- CHAPTER 16 Public Choices and Public Goods 371
- CHAPTER 17 Economics of the Environment 393
- PART FIVE MARKET FAILURE AND GOVERNMENT
- CHAPTER18 Markets for Factors of Production 417
- CHAPTER 19 Economic Inequality 441
- CHAPTER 20 Uncertainty and Information 465
- PART SIX FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY
- CHAPTER 21 Measuring GDP and Economic Growth 489
- CHAPTER 22 Monitoring Jobs and Inflation 513
- PART SEVEN MONITORING MACROECONOMIC
- CHAPTER 23 Economic Growth 539
- CHAPTER 24 Finance, Saving, and Investment 565
- CHAPTER 25 Money, the Price Level, and Inflation 577
- CHAPTER 26 International Finance 587
- PART EIGHT MACROECONOMIC TRENDS
- CHAPTER 27 Aggregate Supply and Aggregate Demand 647
- CHAPTER 28 Expenditure Multipliers:
- CHAPTER 29 The Business Cycle 701
- PART NINE MACROECONOMIC FLUCTUATIONS
- CHAPTER 30 Fiscal Policy 727
- CHAPTER 31 Monetary Policy 753
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