Product Cover Image

Essentials of Economics, 3rd Edition

By R. Glenn Hubbard, Anthony Patrick O'Brien

Published by Prentice Hall

Published Date: Feb 27, 2012

Description

Learn economics through real business examples.

Hubbard/O'Brien explains the basics of economics by demonstrating how real businesses use economics to make real decisions everyday. This is something all readers can connect to, as they encounter businesses in their daily lives. And regardless of future career path—opening an art studio, doing social work, trading on Wall Street, working for the government, or bartending at the local pub—readers will benefit from understanding the economic forces behind their work.

Table of Contents

PART 1:  INTRODUCTION

Chapter 1: Economics: Foundations and Models

Appendix: Using Graphs and Formulas

Chapter 2:  Trade-offs, Comparative Advantage, and the Market System

Chapter 3:  Where Prices Come From: The Interaction of Demand and Supply

 

PART 2:  MARKETS IN ACTION: POLICY AND APPLICATIONS

Chapter 4: Market Efficiency and Market Failure  

Chapter 5:  The Economics of Healthcare

 

PART 3:  MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS

Chapter 6:  Firms, the Stock Market, and Corporate Governance

Chapter 7:  Consumer Choice and Elasticity  

Chapter 8:  Technology, Production, and Costs

 

PART 4: MARKET STRUCTURE AND FIRM STRATEGY

Chapter 9: Firms in Perfectly Competitive Markets

Chapter 10: Monopoly and Antitrust

Chapter 11:  Monopolistic Competition and Oligopoly


PART 5:  MACROECONOMIC FOUNDATIONS

Chapter 12:  GDP: Measuring Total Production and Income

Chapter 13:  Unemployment and Inflation

 

PART 6:  LONG-RUN AND SHORT-RUN FLUCTUATIONS

Chapter 14: Economic Growth, the Financial System and Business Cycles

Chapter 15: Aggregate Demand and Aggregate Supply Analysis

            Appendix:  Schools of Macro Thought


PART 7: MONETARY AND FISCAL POLICY

Chapter 16: Money, Banks, and the Federal Reserve System

Chapter 17:  Monetary Policy

Chapter 18:  Fiscal Policy

Chapter 19: Comparative Advantage, International Trade, and Exchange Rates

This title is also sold in the various packages listed below. Before purchasing one of these packages, speak with your professor about which one will help you be successful in your course.

Package ISBN-13: 9780133138184

Includes this title packaged with:

  • MyEconLab with Pearson eText -- Access Card -- for Essentials of Economics, 2nd Edition
    R. Glenn Hubbard, Anthony Patrick O'Brien

$231.67 | Add to Cart

Purchase Info

ISBN-10: 0-13-282693-3

ISBN-13: 978-0-13-282693-8

Format: Alternate Binding

$225.00 | Free Ground Shipping.

Add to Cart

Digital Choices

MyLab & Mastering ?

MyLab & Mastering products deliver customizable content and highly personalized study paths, responsive learning tools, and real-time evaluation and diagnostics. MyLab & Mastering products help move students toward the moment that matters most—the moment of true understanding and learning.

eTextbook ?

With CourseSmart eTextbooks and eResources, you save up to 60% off the price of new print textbooks, and can switch between studying online or offline to suit your needs.

Once you have purchased your eTextbooks and added them to your CourseSmart bookshelf, you can access them anytime, anywhere.

Print Choices

Loose Leaf Version ?

Books a la Carte are less-expensive, loose-leaf versions of the same textbook.