Economics

Table of Content
"I. Introduction to Economics 1. The Principles and Practice of Economics 2. Economic Methods and Economic Questions 3. Optimization: Doing the Best You Can 4. Demand, Supply, and Equilibrium II. Foundations of Microeconomics 5. Consumers and Incentives 6. Sellers and Incentives 7. Perfect Competition and the Invisible Hand 8. Trade 9. Externalities and Public Goods 10. The Government in the Economy: Taxation and Regulation 11. Markets for Factors of Production III. Market Structure 12. Monopoly 13. Game Theory and Strategic Play 14. Oligopoly and Monopolistic Competition IV. Extending the Microeconomic Toolbox 15. Trade-offs Involving Time and Risk 16. The Economics of Information 17. Auctions and Bargaining 18. Social Economics V. Introduction to Macroeconomics 19. The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates 20. Aggregate Incomes VI. Long-Run Growth and Development 21. Economic Growth 22. Why Isn't the Whole World Developed? VII. Equilibrium in the Macroeconomy 23. Employment and Unemployment 24. Credit Markets 25. The Monetary System VIII. Short-Run Fluctuations and Macroeconomic Policy 26. Short-run Fluctuations 27. Countercyclical Macroeconomic Policy IX. Macroeconomics in a Global Economy 28. Macroeconomics and International Trade 29. Open Economy Macroeconomics "

Throughout Economics, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, the authors use the themes of optimization, equilibrium and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives.