Foundations of Economics
by Robin Bade, Michael Parkin
9th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780135897447 |
| eText ISBN | 9780135897263 |
| Publisher | Pearson |
| Publishing Year | 2021 |
| Edition | 9th Edition |
| Language | English |
| Pages | 984 |
Foundations of Economics, 9th Edition, introduces economic principles to help students evaluate real-world situations and future financial choices.
Coverage spans foundational microeconomic topics, including supply and demand, competitive market structures, and government policy, alongside macroeconomic areas such as economic growth, unemployment, and monetary systems. The volume also examines policy questions involving healthcare markets, taxation, and international finance.
Each chapter concentrates on three to four main ideas that are reinforced throughout the text. This structured approach helps guide students through unfamiliar concepts while focusing attention on essential skills, such as reading and interpreting graphs.
Table of Contents
Chapter 1: Getting Started
Chapter 2: The US and Global Economies
Chapter 3: The Economic Problem
Chapter 4: Demand and Supply
Chapter 5: Elasticities of Demand and Supply
Chapter 6: Efficiency of Fairness and Markets
Chapter 7: Government Actions in Markets
Chapter 8: Taxes
Chapter 9: Global Markets in Action
Chapter 10: Externalities
Chapter 11: Public Goods and Common Resources
Chapter 12: Private Information and Healthcare Markets
Chapter 13: Consumer Choice and Demand
Chapter 14: Production and Cost
Chapter 15: Perfect Competition
Chapter 16: Monopoly
Chapter 17: Monopolistic Competition
Chapter 18: Oligopoly
Chapter 19: Markets for Factors of Production
Chapter 20: Economic Inequality
Chapter 21: GDP: A Measure Of Total Production and Income
Chapter 22: Jobs and Unemployment
Chapter 23: The CPI and the Cost of Living
Chapter 24: Potential GDP and the Natural Unemployment Rate
Chapter 25: Economic Growth
Chapter 26: Finance, Saving, and Investment
Chapter 27: The Monetary System
Chapter 28: Money, Interest, and Inflation
Chapter 29: Aggregate Supply and Aggregate Demand
Chapter 30: Aggregate Expenditure Multiplier
Chapter 31: The Short-Run Policy Tradeoff
Chapter 32: Fiscal Policy
Chapter 33: Monetary Policy
Chapter 34: International Finance
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