Principles of Economics - Rilegato

Frank, Robert; Bernanke, Ben

Rilegato

ISBN 10: 0073402885 ISBN 13: 9780073402888

Casa editrice: McGraw-Hill Education, 2009

Riassunto

In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best throughout, and the best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles and to answer related questions and exercises.

Frank/Bernanke also encourages students to become "Economic Naturalists," by employing basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation.

Su questo libro

L'autore:

Robert H. Frank received his M.A. in statistics from the University of California at Berkeley in 1971, and his Ph.D. in economics in 1972, also from U.C. Berkeley. He is the Goldwin Smith Professor of Economics at Cornell University, where he has taught since 1972 and where he currently holds a joint appointment in the department of economics and the Johnson Graduate School of Management. He has published on a variety of subjects, including price and wage discrimination, public utility pricing, the measurement of unemployment spell lengths, and the distributional consequences of direct foreign investment. For the past several years, his research has focused on rivalry and cooperation in economic and social behaviour.

Contenuti:

Part I Introduction

Ch 1 Thinking Like an Economist

Ch 2 Comparative Advantage

Ch 3 Supply and Demand

Part II Competition and the Invisible Hand

Ch 4 Elasticity

Ch 5 Demand

Ch 6 Perfectly Competitive Supply

Ch 7 Efficiency and Exchange

Ch 8 The Invisible Hand in Action

Part III Market Imperfections

Ch 9 Monopoly, Oligopoly, and Monopolistic Competition

Ch 10 Games and Strategic Behavior

Ch 11 Externalities and Property Rights

Ch 12 The Economics of Information

Part IV Economics of Public Policy

Ch 13 Labor Markets, Poverty, and Income Distribution

Ch 14 The Environment, Health, and Safety

Ch 15 Public Goods and Tax Policy

Part V Macroeconomics: Data and Issues

Ch 16 Spending, Income, and GDP

Ch 17 Inflation and the Price Level

Ch 18 Wages and Unemployment

Part VI The Economy in the Long Run

Ch 19 Economic Growth

Ch 20 Saving, Capital Formation, and Financial Markets

Ch 21 The Financial System, Money, and Prices

Part VII The Economy in the Short Run

Ch 22 Short-Term Fluctuations

Ch 23 Spending and Output in the Short Run

Ch 24 Stabilizing the Economy: The Role of the Federal Reserve

Ch 25 Aggregate Demand and Aggregate Supply

Ch 26 Macroeconomic Policy

Part VIII The International Economy

Ch 27 Exchange Rates and the Open Economy

Ch 28 International Trade and Capital Flows

Glossary

Su questa edizione

• Editore: McGraw-Hill Education
• Data di pubblicazione: 2009
• ISBN 10: 0073402885
• ISBN 13: 9780073402888
• Rilegatura: Copertina rigida
• Numero edizione: 4
• Numero di pagine: 836