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Principles of Economics, 8/E
ISBN-10: 0132289148
ISBN-13: 9780132289146
Publisher: Prentice Hall
Copyright: 2007
Format: Cloth; 896 pp
Published: 08/02/2006
Status: Out of Print
Target Market: for the 2 semester principles of economics course.
One of the all time best-sellers, this text is widely used because of its careful, streamlined, and intuitive chapter organization.
Microeconomics Organization
Case & Fair, present a very precise and simplified microeconomic model first, before introducing all the exceptions and subtleties of a more complex economic world. Only after this simplified model is developed, do the authors give a throrough treatment of market imperfections, externalities, public finance, and international economics. (A detailed summary of this approach can be found in the preface).
Macroeconomics Organization
The Keynesian Cross is an integral part of this text. Case & Fair believe strongly, that a text should use the Keynsian Cross carefully and systematically, to build up to the AD/AS model. One of the great benefits of this appoach, is that students won't mistakenly apply what they learned about simple demand and supply to aggregate demand & supply. (A detailed summary of this approach can be found in the preface)
This product is an alternate version of:
Case, Fair & Oster,
Principles of Economics, 9/E
Case, Fair & Oster,
Principles of Economics & MyEconLab Student Access Card & MEL Package, 9/E
This product accompanies:
Case, Fair & Oster,
Principles of Economics, 9/E
Case, Fair & Oster,
Principles of Economics & MyEconLab Student Access Card & MEL Package, 9/E
One of the all time best-sellers, this text is widely used because of its careful, streamlined, and intuitive chapter organization.
Microeconomics Organization
"Are you tired of books that sacrifice clarity by introducing some of the complexities of economic theory too early?"
Case & Fair, present a very precise and simplified microeconomic model first, before introducing all the exceptions and subtleties of a more complex economic world. Only after this simplified model is developed, do the authors give a throrough treatment of market imperfections, externalities, public finance, and international economics. (A detailed summary of this approach can be found in the preface).
Macroeconomics Organization
"Do you think the Keynsian Cross should be integrated more thoroughly into principles text? "Are you tired of books that relegate Keynsian Cross coverage to "optional" chapters?"
The Keynsian Cross is an integral part of this text. Case & Fair believe strongly, that a text should use the Keynsian Cross carefully and systematically, to build up to the AD/AS model. One of the great benefits of this appoach, is that students won't mistakenly apply what they learned about simple demand and supply to aggregate demand & supply. (A detailed summary of this approach can be found in the preface).
Now, names you trust in Economics, Case & Fair, have a brand new edition that continues its history of excellence in economic content and applications with a brand new focus on assessment.
"I often hear that assessing students in this course is one of professors' greatest challenges, would you agree?"
"Professor, are any one of these: end of chapter questions, test bank materials, or on-line homework software important to you?"
Now, names you trust in Economics, Case & Fair, have a brand new edition that continues its history of excellence in economic content and applications with a brand new focus on assessment.
"Professor, do you like to use examples from the newpaper to drive economic concepts home with your students?"
Case & Fair have revised over 80% of their "News Analysis" boxes to reflect the most current news articles.
MACRO:
"Professor, do you get to the Growth Chapter in Case & Fair, Economics, with your students?"
Case & Fair boasts expanded Coverage of Growth in Chapter 18.
MICRO:
Professor, how do you cover Elasticity?
Case/Fair 8e has a new Chapter: The material on elasticity in the previous Chapter 4 has been expanded into a new Chapter 5: Elasticity.
"Professor, are you interested in offering or covering more on the topic of Game Theory?"
Case & Fair boasts brand new Game Theory Coverage in Chapter 14.
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
II. FOUNDATIONS OF MICROECONOMICS: CONSUMERS 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
III. MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT.
13. Monopoly and Antitrust Policy.
14. Monopolistic Competition and Oligopoly.
15. Externalities, Public Goods, Imperfect Information, and Social Choice.
16. Income Distribution and Poverty.
17. Public Finance: The Economics of Taxation.
IV. CONCEPTS AND PROBLEMS IN MACROECONOMICS.
18. Introduction to Macroeconomics.
19. Measuring National Output and National Income.
20. Long-Run and Short-Run Concerns: Growth, Productivity, Unemployment, and Inflation.
V. THE GOODS AND MONEY MARKETS.
21. Aggregate Expenditure and Equilibrium Output.
22. The Government and Fiscal Policy.
23. The Money Supply and the Federal Reserve System.
24. Money Demand, the Equilibrium Interest Rate, and Monetary Policy.
VI. MACROECONOMIC ANALYSIS.
25. Money, the Interest Rate, and Output: Analysis and Policy.
26. Aggregate Demand, Aggregate Supply, and Inflation.
27. The Labor Market, Unemployment, and Inflation.
28. Macroeconomic Issues and Policy.
29. The Stock Market and the Economy.
30. Household and Firm Behavior in the Macroeconomy: A Further Look.
31. Long-Run Growth.
32. Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply-Side Economics.
VII. THE WORLD ECONOMY.
33. International Trade, Comparative Advantage, and Protectionism.
34. Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates.
35. Globalization.
36. Economic Growth in Developing and Transitional Economies.
Glossary.
Solutions to Even-Numbered Problems.
Index.

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