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(Shrink Wrap) Economic Principles, 3rd Edition + Study Guide + ConnectPlus

by: Chris Bajada, John Jackson, Ron McIver, Edgar Wilson et. al

On-line Price: $143.95 (includes GST)

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Retail Price: $179.95

Publisher: MCGRAW-HILL,11.05.11

Category: ECONOMICS Level:

ISBN: 1743076045
ISBN13: 9781743076040

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This is the third edition of Economic Principles, a concise adaptation by Chris Bajada of the successful Microeconomics and Macroeconomics books by US authors McConnell and Brue (responsible for the number one selling economics texts in the world). These texts have been adapted locally by Jackson, McIver and Wilson and have been selling into the Australian market for over thirty years. Economic Principles 3e combines the essential micro and macro elements into one book created to cover a singlesemester course. It is a low to mid-level text designed for the average student to be able to understand, but without compromising the rigour of the text. It is pedagogically very strong, offering a step-by-step approach to learning but with all the flexibility of a set of six extension chapters allowing lecturers to teach at different levels, according to their students' needs. Responding to market feedback this edition introduces new features as well as reworked existing features. For example, each chapter now has a new end-of-chapter worked case study, 'Bringing it all together', which contains a short case and a series of solved questions to guide students through the process of performing an economic analysis. The content has been updated too, incorporating coverage of the GFC, sustainability and the changing role of regulation, along with updates to all data, and new cases on hot topics such as global warming. Economic Principles offers a blended learning approach that keeps students interested and engaged in everyday economics. There?s plenty of hands-on experience for students as they perform economic analyses on data that reflects what is happening in the world economy right now.

Part 1: Introduction
1. The general principles of economics
Appendix: Graphs and their meaning
Part 2: Core chapters ? microeconomics
2. Demand and supply
3. Market behaviour - elasticity, tax and price controls
4. The costs of production
5. Pure competition and monopoly
6. Monopolistic competition and oligopoly
7. Market failure and resource allocation
Part 3: Core chapters ? macroeconomics
8. The macro environment and its measurement
9. Aggregate demand and aggregate supply
10. Fiscal policy and public debt
11. Monetary policy and the financial system
12. Economic resources and the labour market
13. The international monetary system
Part 4: Extension chapters
E1. The theory of consumer behaviour
E2. International trade and protection
E3. The pricing of economic resources
E4. The aggregate expenditure model and the multiplier
E5. The economics of growth
E6. The development of macroeconomic debates
Glossary
Index