Foundations of Economics, 8th edition
Published by Pearson (September 18, 2020) © 2021
- Robin Bade University of Western Ontario
- Michael Parkin Emeritus of University of Western Ontario
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Part 1: Introduction
1. Getting Started
2. The U.S. and Global Economies
3. The Economic Problem
4. Demand and Supply
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Part 2: A Closer Look at Markets
5. Elasticities of Demand and Supply
6. Efficiency of Fairness and Markets
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Part 3: How Governments Influence the Economy
7. Government Actions in Markets
8. Taxes
9. Global Markets in Action
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Part 4: Market Failures and Public Policy
10. Externalities
11. Public Goods and Common Resources
12. Private Information and Healthcare Markets
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Part 5: A Closer Look At Decision Makers
13. Consumer Choice and Demand
14. Production and Cost
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Part 6: Prices, Profits, and Industry Performance
15. Perfect Competition
16. Monopoly
17. Monopolistic Competition
18. Oligopoly
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Part 7: Incomes and Inequality
19. Markets for Factors of Production
20. Economic Inequality
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Part 8: Monitoring the Macroeconomy
21. GDP: A Measure Of Total Production and Income
22. Jobs and Unemployment
23. The CPI and the Cost of Living
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Part 9: The Real Economy
24. Potential GDP and the Natural Unemployment Rate
25. Economic Growth
26. Finance, Saving, and Investment
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Part 10: The Money Economy
27: The Monetary System
28: Money, Interest, and Inflation
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Part 11: Economic Fluctuations
29. Aggregate Supply and Aggregate Demand
30. Aggregate Expenditure Multiplier
31. The Short-Run Policy Tradeoff
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Part 12: Macroeconomic Policy
32. Fiscal Policy
33. Monetary Policy
34. International Finance
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