- Published
- August 2017
- Page Count
- 980
- ISBN (Digital)
- 978-1-4533-8487-9
Principles of Economics
Version 3.0
By Libby Rittenberg and Timothy Tregarthen
Included Supplements
Key Features
- “Heads Up” sections clarify potentially confusing concepts.
- “Try It” sections encourage students to walk through scenarios related to each concept or idea.
- “Case in Point” sections use real-world applications to harness economics concepts in reality.
- Customizable.
Students
- Online Access Price
- $49.95
- Color Printed Textbook with Online Access Price
- $86.95
In writing Principles of Economics, Rittenberg and Tregarthen aimed to present economics as a unified discipline, rather than a bewildering array of seemingly unrelated topics. The authors present microeconomics and macroeconomics around integrating themes, such as the marginal decision rule and the model of aggregate demand and aggregate supply.
New in This Version
- Incorporates research on technological change and the wage gap.
- Addresses the role of education in shaping society and the future of jobs.
- Spotlights controversies surrounding such issues as the impact of minimum wage increases and the efforts to address environmental issues.
- New analysis on the Great Recession.
- Discusses economic growth prospects in the new century.
- Added emphasis on both current issues as well as historical context.
- About the Authors
- Acknowledgments
- Preface
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Chapter 1: Economics: The Study of Choice
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Chapter 2: Confronting Scarcity: Choices in Production
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Chapter 3: Demand and Supply
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Chapter 4: Applications of Demand and Supply
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Chapter 5: Elasticity: A Measure of Response
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Chapter 6: Markets, Maximizers, and Efficiency
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Chapter 7: The Analysis of Consumer Choice
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Chapter 8: Production and Cost
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Chapter 9: Competitive Markets for Goods and Services
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Chapter 10: Monopoly
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Chapter 11: The World of Imperfect Competition
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Chapter 12: Wages and Employment in Perfect Competition
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Chapter 13: Interest Rates and the Markets for Capital and Natural Resources
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Chapter 14: Imperfectly Competitive Markets for Factors of Production
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Chapter 15: Public Finance and Public Choice
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Chapter 16: Antitrust Policy and Business Regulation
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Chapter 17: International Trade
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Chapter 18: The Economics of the Environment
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Chapter 19: Inequality, Poverty, and Discrimination
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Chapter 20: Macroeconomics: The Big Picture
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Chapter 21: Measuring Total Output and Income
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Chapter 22: Aggregate Demand and Aggregate Supply
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Chapter 23: Economic Growth
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Chapter 24: The Nature and Creation of Money
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Chapter 25: Financial Markets and the Economy
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Chapter 26: Monetary Policy and the Fed
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Chapter 27: Government and Fiscal Policy
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Chapter 28: Consumption and the Aggregate Expenditures Model
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Chapter 29: Investment and Economic Activity
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Chapter 30: Net Exports and International Finance
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Chapter 31: Inflation and Unemployment
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Chapter 32: A Brief History of Macroeconomic Thought and Policy
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Appendix A: Graphs in Economics
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Appendix B: Extensions of the Aggregate Expenditures Model
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Instructor’s Manual
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