Overview
Main description
McConnell and Brue’s Economics: Principles, Problems, and Policies is the leading Principles of Economics textbook. It continues to be innovative while teaching students in a clear, unbiased way. The 18th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy.
Table of contents
Part 1: Introduction to Economics and the EconomyChapter 1: Limits, Alternatives, and Choices (+ Appendix)Chapter 2: The Market System and the Circular FlowChapter 3: Demand, Supply and Market Equilibrium (+ Appendix)Chapter 4: The U.S. Economy: Private and Public SectorsChapter 5: The United States in the Global EconomyPart 2: Microeconomics of Product MarketsChapter 6: Elasticity, Consumer Surplus, and Producer SurplusChapter 7: Consumer Behavior (+ Appendix)Chapter 8: The Costs of ProductionChapter 9: Pure CompetitionChapter 10: Pure MonopolyChapter 11: Monopolistic Competition and Oligopoly (+ Appendix)Chapter 11W: Technology, R&D, and EfficiencyPart 3: Microeconomics of Resource MarketsChapter 12: The Demand for ResourcesChapter 13: Wage Determination (+ Appendix)Chapter 14: Rent, Interest, and ProfitChapter 15: Natural Resource and Energy EconomicsPart 4: Microeconomics of GovernmentChapter 16: Government and Market FailureChapter 17: Public Choice Theory and the Economics of TaxationPart 5: Microeconomic Issues and PoliciesChapter 18: Antitrust Policy and RegulationChapter 19: Agriculture: Economics and PolicyChapter 20: Income Inequality, Discrimination, and PovertyChapter 21: Health CareChapter 22: ImmigrationPart 6: GDP, Growth, and InstabilityChapter 23: Introduction to MacroeconomicsChapter 24: Measuring Domestic Output and National IncomeChapter 25: Economic GrowthChapter 26: Business Cycles, Unemployment, and InflationPart 7: Macroeconomic Models and Fiscal PolicyChapter 27: Basic Macroeconomic RelationshipsChapter 28: The Aggregate Expenditures ModelChapter 29: Aggregate Demand and Aggregate Supply (+ Appendix)Chapter 30: Fiscal Policy, Deficits, and DebtPart 8: Money, Banking, and Monetary PolicyChapter 31: Money and Banking Chapter 32: Money CreationChapter 33: Interest Rates and Monetary PolicyChapter 34: Financial EconomicsPart 9: Extensions and IssuesChapter 35: Extending the Analysis of Aggregate SupplyChapter 36: Current Issues in Macro Theory and PolicyPart 10: International EconomicsChapter 37: International TradeChapter 38: Exchange Rates, Balance of Payments, and Trade DeficitsChapter 38 Web Supplement: Previous International Exchange-Rate SystemsChapter 38W: The Economics of Developing Countries
