Survey of economics : principles, applications, and tools /
Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez.
- 5th ed. (International ed.)
- Upper Saddle River, NJ : Pearson, c2010.
- 455p. : 28 cm.
Includes index.
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 and monopolistic competition, and oligopoly -- Market failure : imperfect information, external benefits, and external cost -- The labor market, income, and poverty -- Measuring a nation's production and income -- Unemployment and inflation -- Why do economies grow? -- AD/AS -- Fiscal policy -- Money and the banking system -- The Federal Reserve and monetary policy -- International trade and finance.