Principles of economics / by 392825 Frank, Robert H., Bernanke, Ben 203773, Johnston, Louis D., (Louis Dorrance) 548674

“…Introduction -- Thinking like an economist -- Comparative advantage -- Supply and demand -- Competition and the invisible hand -- Elasticity -- Demand -- Perfectly competitive supply -- Efficiency, exchange, and the invisible hand in action -- Market imperfections -- Monopoly, oligopoly, and monopolistic competition -- Games and strategic behavior -- Externalities and property rights -- The economics of information -- Economics of public policy -- Labor markets, poverty, and income distribution -- The environment, health, and safety -- Public goods and tax policy -- Macroeconomics : data and issues -- Spending, income, and gdp -- Inflation and the price level -- Wages and unemployment -- The economy in the long run -- Economic growth -- Saving, capital formation, and financial markets -- Money, prices, and the financial system -- The economy in the short run -- Short-term economic fluctuations -- Spending, output, and fiscal policy -- Monetary policy and the federal reserve -- Aggregate demand, aggregate supply, and business cycles -- Macroeconomic policy -- The international economy -- Exchange rates, international trade, and capital flows -- Glossary -- Index…”