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Principles of Economics, 10th Edition

By Karl E. Case, Ray C. Fair, Sharon E. Oster

Published by Pearson

Published Date: Jan 3, 2011


Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete.   Case/Fair/Oster readers also come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly.  Readers begin to learn the art and science of economic thinking and begin to look at some policy and even personal decisions in a different way.

Table of Contents

Brief Table of Contents


PART I Introduction to Economics

1 The Scope and Method of Economics

2 The Economic Problem: Scarcity and Choice

3 Demand, Supply, and Market Equilibrium

4 Demand and Supply Applications

5 Elasticity


PART II The Market System: Choices Made by Households and Firms

6 Household Behavior and Consumer Choice

7 The Production Process: The Behavior of Profit-Maximizing Firms

8 Short-Run Costs and Output Decisions

9 Long-Run Costs and Output Decisions

10 Input Demand: The Labor and Land Markets

11 Input Demand: The Capital Market and the Investment Decision

12 General Equilibrium and the Efficiency of Perfect Competition


PART III Market Imperfections and the Role of Government

13 Monopoly and Antitrust Policy

14 Oligopoly

15 Monopolistic Competition

16 Externalities, Public Goods, and Social Choice

17 Uncertainty and Asymmetric Information

18 Income Distribution and Poverty

19 Public Finance: The Economics of Taxation


PART IV Concepts and Problems in Macroeconomics

20 Introduction to Macroeconomics

21 Measuring National Output and National Income

22 Unemployment, Inflation, and Long-Run Growth


PART V The Core of Macroeconomic Theory

23 Aggregate Expenditure and Equilibrium Output

24 The Government and Fiscal Policy

25 The Money Supply and the Federal Reserve System

26 Money Demand and the Equilibrium Interest Rate

27 Aggregate Demand in the Goods and Money Markets

28 Aggregate Supply and the Equilibrium Price Level

29 The Labor Market In the Macroeconomy


PART VI Further Macroeconomics Issues

30 Financial Crises, Stabilization, and Deficits

31 Household and Firm Behavior in the Macroeconomy:  A Further Look

32 Long-Run Growth

33 Alternative Views in Macroeconomics


PART VII The World Economy

34 International Trade, Comparative Advantage, and Protectionism

35 Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates

36 Economic Growth in Developing and Transitional Economies