
- 928 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
EPUB3 MOD PRIN ECON 5E
About this book
Available for the first time with Macmillans new online learning platform, Achieve, Modern Principles is a tour-de-force with a unique combination of vivid writing, up-to-date relevant examples, and online resources unlike any other textbook for this market.
Tyler Cowen and Alex Tabarrok have long demonstrated their mastery at communicating economic principles in a clear, captivating way through their blog, The Marginal Revolution. And they are pioneers in online education. Their fully updated new edition has more high-quality material designed for online teaching than any other principles of economics textbook. Videos from Marginal Revolution University (MRU), Discovering Data questions, live links to FRED data, an e-book, and assessment all live under Macmillans new learning platform, Achieve and combine to provide an online learning product for all types of learners whether in face to face, hybrid or pure online classes.
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Table of contents
- About this Book
- Chapter 1 The Big Ideas
- Chapter 2 The Power of Trade and Comparative Advantage
- Chapter 3 Supply and Demand
- Chapter 4 Equilibrium
- Chapter 5 Elasticity and Its Applications
- Chapter 6 Taxes and Subsidies
- Chapter 7 The Price System: Signals, Speculation, and Prediction
- Chapter 8 Price Ceilings and Floors
- Chapter 9 International Trade
- Chapter 10 Externalities: When the Price Is Not Right
- Chapter 11 Costs and Profit Maximization Under Competition
- Chapter 12 Competition and the Invisible Hand
- Chapter 13 Monopoly
- Chapter 14 Price Discrimination and Pricing Strategy
- Chapter 15 Oligopoly and Game Theory
- Chapter 16 Networks, Platforms, and the Economics of “Free Goods”
- Chapter 17 Monopolistic Competition and Advertising
- Chapter 18 Labor Markets
- Chapter 19 Public Goods and the Tragedy of the Commons
- Chapter 20 Political Economy and Public Choice
- Chapter 21 Economics, Ethics, and Public Policy
- Chapter 22 Managing Incentives
- Chapter 23 Stock Markets and Personal Finance
- Chapter 24 Asymmetric Information: Moral Hazard and Adverse Selection
- Chapter 25 Consumer Choice
- Chapter 26 GDP and the Measurement of Progress
- Chapter 27 The Wealth of Nations and Economic Growth
- Chapter 28 Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge
- Chapter 29 Saving, Investment, and the Financial System
- Chapter 30 Unemployment and Labor Force Participation
- Chapter 31 Inflation and the Quantity Theory of Money
- Chapter 32 Business Fluctuations: Aggregate Demand and Supply
- Chapter 33 Transmission and Amplification Mechanisms
- Chapter 34 The Federal Reserve System and Open Market Operations
- Chapter 35 Monetary Policy
- Chapter 36 The Federal Budget: Taxes and Spending
- Chapter 37 Fiscal Policy
- Chapter 38 International Finance
- Cryptoeconomics
- Appendix A: Reading Graphs and Making Graphs
- Appendix B: Solutions to Check Yourself Questions
- Glossary
- References
- Index
- Notes
- Microeconomics Essentials
- Macroeconomics Essentials
- Economics Blogs and Websites
- Back Cover