Economics
by Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
23rd Edition
Publisher: McGraw-Hill Higher Education
Book Details
| Print ISBN | 9781266675522 |
| eText ISBN | 9781264784424 |
| Publisher | McGraw-Hill Higher Education |
| Publishing Year | 2023 |
| Edition | 23rd Edition |
| Language | English |
| Pages | 976 |
Economics, 23rd Edition, is an introductory economics textbook authored by Campbell R. McConnell, Stanley L. Brue, and Sean Masaki Flynn. Written primarily for college students and university students, the volume outlines foundational economic principles to help readers interpret market operations, public sector decision-making, and modern financial institutions.
The central thematic organization of the book covers microeconomics, macroeconomics, and international trade. The content systematically examines supply and demand mechanics, utility maximization, firm production costs, market structures, national income accounting, aggregate demand, fiscal policy, monetary systems, and international exchange rates, offering extensive instruction across micro and macro topics.
To support active learning routines and structured self-assessment, instructional features accompanying the text comprise digital study resources along with adaptive learning assignments. This volume supports introductory economics courses across colleges and universities, providing practical course materials for instructors and structured study pathways for students.
Table of Contents
Chapter 1: Limits, Alternatives, and Choices
Chapter 2: The Market System and the Circular Flow
Chapter 3: Demand, Supply, and Market Equilibrium
Chapter 4: Market Failures Caused by Externalities and Asymmetric Information
Chapter 5: Public Goods, Public Choice, and Government Failure
Chapter 6: Elasticity
Chapter 7: Utility Maximization
Chapter 8: Behavioral Economics
Chapter 9: Businesses and the Costs of Production
Chapter 10: Pure Competition
Chapter 11: Pure Monopoly
Chapter 12: Monopolistic Competition
Chapter 13: Oligopoly and Strategic Behavior
Chapter 14: Internet Oligopoly: Networks and Platforms
Chapter 15: Technology, R&D, and Efficiency
Chapter 16: The Demand for Resources
Chapter 17: Wage Determination
Chapter 18: Rent, Interest, and Profit
Chapter 19: Environmental Economics
Chapter 20: Public Finance: Expenditures and Taxes
Chapter 21: Antitrust Policy and Regulation
Chapter 22: Agriculture: Economics and Policy
Chapter 23: Income Inequality, Poverty, and Discrimination
Chapter 24: Health Care
Chapter 25: Immigration
Chapter 26: An Introduction to Macroeconomics
Chapter 27: Measuring Domestic Output and National Income
Chapter 28: Economic Growth
Chapter 29: Business Cycles, Unemployment, and Inflation
Chapter 30: Basic Macroeconomic Relationships
Chapter 31: The Aggregate Expenditures Model
Chapter 32: Aggregate Demand and Aggregate Supply
Chapter 33: Fiscal Policy, Deficits, and Debt
Chapter 34: Money, the Federal Reserve, and Interest Rates
Chapter 35: Monetary Policy, GDP, and the Price Level
Chapter 36: Financial Economics
Chapter 37: Extending the Analysis of Aggregate Supply
Chapter 38: Current Issues in Macro Theory and Policy
Chapter 39: International Trade
Chapter 40: The Balance of Payments, Exchange Rates, and Trade Deficits
Chapter 41: The Economics of Developing Countries
Chapter 42: Personal Finance
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