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Principles of Economics, 7/E
Roy J. Ruffin, University of Houston
Paul R. Gregory, University of Houston

ISBN-10: 032107730X
ISBN-13:  9780321077301

Publisher:  Prentice Hall
Copyright:  2001
Format:  Cloth; 800 pp
Published:  10/30/2000
Status: Out of Print


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Description

Through its Defining Moments theme, the Ruffin/Gregory text provides a historical basis for students to understand the economic theories and policies of today. Defining Moments outline the ideas behind the most important events of economics—the Industrial Revolution, the Rise and Fall of Socialism, the Great Depression, Globalization, and the Information Revolution. In addition to thoroughly updated micro- and macroeconomics coverage, the new edition features a wealth of up-to-date boxed examples and all-new pedagogical features, including Learning Objectives, Chapter Puzzles, and Web Questions.


Features

  • Highlights of revised microeconomics coverage include new emphasis on dynamic (Schumpeterian) competition; up-to-date treatment of anti-trust and networks (14); new material on mobility and income distribution; and application of competition models to the “buffet pricing” of Internet service providers. Pg.___
  • Updated macroeconomics chapters offer streamlined treatment of growth that contrasts theories using simple formulas and graphs (26); discussion of lags and the zero inflation debate (30); modern treatment of fiscal policy and deficits (31); and discussion of the New Economy of the1990s (32 and 33). Pg.___
  • Chapter 38, “The Economics of Transition,” contains a complete discussion of the transition of the former planned socialist economies by one of the most widely recognized experts in the subject. Pg.___
  • Numerous boxed examples enable students to form an understanding of the economy by applying core principles. New Web Questions are designed to build student research skills and reinforce key concepts. Pg.___
  • NEW - <F75BS>NEW! The text's Web site (www.awl.com/ruffin_gregory) features practice quizzes for students and a wealth of links. The Instructor's Resource Disk contains a PowerPoint Lecture Presentation, Computerized Test Bank, and Microsoft Word files for the Instructor's Manual.


Table of Contents

I. INTRODUCTION.

 1. Economics and the World Around Us: Defining Moments.

 2. Unlimited Wants, Scarce Resources.

 3. The Price System and the Economic Problem.

 4. Demand and Supply.

 5. Unintended Consequences.

II. PRODUCT MARKETS.

 6. Elasticity of Demand and Supply.

 7. Demand and Utility.

 8. Economic Organization: Property Rights and the Firm.

 9. Productivity and Costs.

10. Perfect Competition.

11. Monopoly and Monopolistic Competition.

12. Competition, Efficiency, and Innovation.

13. The Game of Oligopoly.

14. Regulation and Antitrust.

15. The Economics of Information.

III. FACTOR MARKETS.

16. Factor Markets.

17. Labor: The Human Factor.

18. Interest, Rent, and Profit.

19. Inequality, Income Distribution, and Poverty.

IV. MICROECONOMIC ISSUES.

20. Market Failure, the Environment, and Natural Resources.

21. Government Spending, Taxation, and the Economy.

22. Public Choice.

V. GROWTH AND FLUCTUATION.

23. Macroeconomics: Growth and Cycles.

24. Measuring Output and Growth.

25. Saving and Investment.

26. Economic Growth.

27. Aggregate Supply and Aggregate Demand.

VI. MONEY AND DEBT.

28. Money, Interest, and Prices.

29. The Banking System.

30. Monetary Policy.

31.Fiscal Policy, Debt, and Deficits.

VII. STABILIZATION.

32. Inflation.

33. Unemployment, Stagflation, and the “New Economy”.

34. Business Cycles.

VIII. THE WORLD ECONOMY.

35. International Trade.

36. Protection and Free Trade.

37. The International Monetary System.

38. The Economics of Transition.

39. Economic Development: The "Haves" and the “Have- Nots”.



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Websites and Online Courses

Blackboard, 7/E
Ruffin
©2001  |  On-line Supplement  |  Version 5.0.2  |  Access Code Required  |  Live
ISBN-10: 020174984X  |  ISBN-13: 9780201749847
 |  Students, buy access Instructors, request content (at no cost)  |  More Info

CourseCompass, 7/E
Ruffin
©2001  |  On-line Supplement  |  Access Code Required  |  Live
ISBN-10: 0201749831  |  ISBN-13: 9780201749830
 |  Students, buy access Take a Tour  |  More Info

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Instructor's Manual, 7/E
Ruffin & Gregory
©2001  |  Prentice Hall  |  Paper  |  Out of Stock
ISBN-10: 0321084454  |  ISBN-13: 9780321084453

Show Downloadable Files
 | More Info

Test Bank, 7/E
Ruffin & Gregory
©2001  |  Prentice Hall  |  Paper  |  Instock
ISBN-10: 0321084462  |  ISBN-13: 9780321084460

Show Downloadable Files
 | More Info

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Blackboard, 7/E
Ruffin
©2001  |  On-line Supplement  |  Version 5.0.2  |  Access Code Required  |  Live
ISBN-10: 020174984X  |  ISBN-13: 9780201749847
 |  Students, buy access Instructors, request content (at no cost)  |  More Info

CourseCompass, 7/E
Ruffin
©2001  |  On-line Supplement  |  Access Code Required  |  Live
ISBN-10: 0201749831  |  ISBN-13: 9780201749830
 |  Students, buy access Take a Tour  |  More Info

Back to top


Websites and online courses

Blackboard, 7/E
Ruffin
©2001  |  On-line Supplement  |  Version 5.0.2  |  Access Code Required  |  Live
ISBN-10: 020174984X  |  ISBN-13: 9780201749847
 |  Students, buy access More Info

CourseCompass, 7/E
Ruffin
©2001  |  On-line Supplement  |  Access Code Required  |  Live
ISBN-10: 0201749831  |  ISBN-13: 9780201749830
 |  Students, buy access More Info


Websites and Online Courses

Blackboard, 7/E
Ruffin
©2001  |  On-line Supplement  |  Version 5.0.2  |  Access Code Required  |  Live
ISBN-10: 020174984X  |  ISBN-13: 9780201749847
 |  Students, buy access Instructors, request content (at no cost)  |  More Info

CourseCompass, 7/E
Ruffin
©2001  |  On-line Supplement  |  Access Code Required  |  Live
ISBN-10: 0201749831  |  ISBN-13: 9780201749830
 |  Students, buy access Take a Tour  |  More Info

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