Survey of Economics: Principles, Applications, and Tools, 8th edition

Arthur O'Sullivan
, Steven Sheffrin
, Stephen Perez

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Students enter their first economics course hoping to gain a better understanding of the world around them, but often leave with their questions unanswered. Survey of Economics: Principles, Applications, and Tools is built upon the authors' philosophy of using basic concepts of economics to explain a wide variety of relevant, current and engaging economic applications.

The 8th Edition incorporates the latest economic developments throughout. By making every chapter relevant and applied, you'll develop an understanding of core principles that you'll use as a citizen and consumer, now and in your career.

ISBN-13: 9780135640364

Subject: Economics

Category: Principles of Economics

Introduction: What Is Economics?
Key Principles of Economics
Demand, Supply, and Market Equilibrium
Elasticity: A Measure of Responsiveness
Production Technology and Cost
Perfect Competition
Monopoly and Price Discrimination
Market Entry, Monopolistic Competition, and Oligopoly
Market Failure: Imperfect Information, External Benefits, and External Costs
The Labor Market and the Distribution of Income
Measuring a Nation's Production and Income
Unemployment and Inflation
Why Do Economies Grow?
Aggregate Demand and Aggregate Supply
Fiscal Policy
Money and the Banking System
Monetary Policy and Inflation
International Trade and Finance