Principles of Economics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become "economic naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students. With engaging questions, explanations, exercises and videos, the authors help students…mehr
Principles of Economics focuses on seven core principles to produce economic naturalists through active learning. By eliminating overwhelming detail and focusing on core principles, students from all backgrounds are able to gain a deeper understanding of economics. Focused on helping students become "economic naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. COVID-19 pandemic content, analysis, and examples further engage students. With engaging questions, explanations, exercises and videos, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists." Author developed Learning Glass concept overview videos and Worked Problem videos give students an overview of challenging and important concepts. With new videos and engagement tools in Connect, like Application-Based Activities, alongside SmartBook's adaptive reading experience, the 8th edition enables instructors to spend class time engaging, facilitating, and answering questions instead of lecturing on the basics.
Robert H. Frank received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behaviour.
Inhaltsangabe
Chapter 1: Thinking Like an Economist Chapter 2: Comparative Advantage Chapter 3: Supply and Demand Chapter 4: Elasticity Chapter 5: Demand Chapter 6: Perfectly Competitive Supply Chapter 7: Efficiency, Exchange, and the Invisible Hand in Action Chapter 8: Monopoly, Oligopoly, and Monopolistic Competition Chapter 9: Games and Strategic Behavior Chapter 10: An Introduction to Behavioral Economics Chapter 11: Externalities, Property Rights, and the Environment Chapter 12: The Economics of Information Chapter 13: Labor Markets, Poverty, and Income Distribution Chapter 14: Public Goods and Tax Policy Chapter 15: International Trade and Trade Policy Chapter 16: Macroeconomics: The Bird's-Eye View of the Economy Chapter 17: Measuring Economic Activity: GDP and Unemployment Chapter 18: Measuring the Price Level and Inflation Chapter 19: Economic Growth, Productivity, and Living Standards Chapter 20: The Labor Market: Workers, Wages, and Unemployment Chapter 21: Saving and Capital Formation Chapter 22: Money, Prices, and the Federal Reserve Chapter 23: Financial Markets and International Capital Flows Chapter 24: Short-Term Economic Fluctuations: An Introduction Chapter 25: Spending and Output in the Short Run Chapter 26: Stabilizing the Economy: The Role of the Fed Chapter 27: Aggregate Demand, Aggregate Supply, and Inflation Chapter 28: Exchange Rates and the Open Economy
Chapter 1: Thinking Like an Economist Chapter 2: Comparative Advantage Chapter 3: Supply and Demand Chapter 4: Elasticity Chapter 5: Demand Chapter 6: Perfectly Competitive Supply Chapter 7: Efficiency, Exchange, and the Invisible Hand in Action Chapter 8: Monopoly, Oligopoly, and Monopolistic Competition Chapter 9: Games and Strategic Behavior Chapter 10: An Introduction to Behavioral Economics Chapter 11: Externalities, Property Rights, and the Environment Chapter 12: The Economics of Information Chapter 13: Labor Markets, Poverty, and Income Distribution Chapter 14: Public Goods and Tax Policy Chapter 15: International Trade and Trade Policy Chapter 16: Macroeconomics: The Bird's-Eye View of the Economy Chapter 17: Measuring Economic Activity: GDP and Unemployment Chapter 18: Measuring the Price Level and Inflation Chapter 19: Economic Growth, Productivity, and Living Standards Chapter 20: The Labor Market: Workers, Wages, and Unemployment Chapter 21: Saving and Capital Formation Chapter 22: Money, Prices, and the Federal Reserve Chapter 23: Financial Markets and International Capital Flows Chapter 24: Short-Term Economic Fluctuations: An Introduction Chapter 25: Spending and Output in the Short Run Chapter 26: Stabilizing the Economy: The Role of the Fed Chapter 27: Aggregate Demand, Aggregate Supply, and Inflation Chapter 28: Exchange Rates and the Open Economy
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