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Economics By Michael Parkin

by Michael Parkin

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Economics Summary

Economics by Michael Parkin

Economics Seventh Edition Parkin Powell Matthews Think like an Economist! Economics touches almost every aspect of life, from climate change, terrorism and the development of new drugs, to taxes, house prices, wages, what to eat for dinner and how much time to spend studying. Thinking like an economist will enable you to understand human behaviour, make more informed decisions, and evaluate economic policies. The leading economists in the news today started out like you, as students taking a course in the principles of economics. Like them, you can learn to think like an economist, and this book will show you how. Economics, Seventh Edition, introduces the central ideas of economics and explains them using a straightforward, precise and clear writing style. The authors put the principles to work by repeatedly using them to illuminate a wide range of current real-world problems and issues.Features of this book include: *Economic analysis of news articles and case studies to show how economic principles can be used in practice to understand the forces that shape our world *Boxes to connect economic principles with real world data and events *Review questions, end-of-chapter Problems, Critical Thinking exercises and Web Activities to test your understanding *Figures to illustrate and reinforce the key ideas *Mathematical notes to strengthen your grasp of key principles *Interviews with leading economists to show what inspired them to study and pursue careers in economics This is the ideal textbook for university students learning the principles of economics. MyEconLab -- -- an unrivalled study and testing resource, generates a personalized study plan and provides extensive practice exactly where you need it. Guidance is provided with step-by-step explanations and animated graphs that are constantly at hand for you to strengthen your grasp of the subject and prepare for your exams. With its distinctively European flavour, this text provides a comprehensive treatment of core micro and macro economic principles and ideas.These are nicely supplemented with insightful case studies and the application of economic concepts to real world situations. The accompanying online resource MyEconLab is an excellent source of information and is an invaluable study aid. This book is highly-recommended reading for students taking a first course in economics. "Dr Phil Tomlinson, University of Bath, UK" The authors are to be congratulated on producing a highly readable and comprehensive coverage of the central issues in economics. The thoughtful combination of theory, examples and real world application is superb. "Professor Steve Cook, Swansea University" Economics is a great introductory text that stimulates interest in economics and encourages further exploration. MyEconLab is packed with useful teaching and learning resources and makes it an attractive journey for both students and teachers."Dr Jen Snowball, Rhodes University, South Africa" " " Michael Parkin is Professor Emeritus at the Universityof Western Ontario and author of the best-selling US textbook, Economics, now specially adapted in European, Canadian, Australian, French, Latin American and Chinese editions and used by over a million students across the world. Melanie Powell is Reader in Economics at Derby University Business School Kent Matthews is the Sir Julian Hodge Professor of Banking and Finance at the CardiffBusinessSchool.

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Table of Contents

Brief Contents

Detailed contents

Guided tour

About the Authors


Flexibility Chart

Three Alternate Sequences for Microeconomics

Four Alternate Sequences for Macroeconomics

Publisher's Acknowledgements

Part 1 The Scope of Economics

Chapter 1 What Is Economics?

Chapter 2 The Economic Problem

Part 2 How Markets Work

Chapter 3 Demand and Supply

Chapter 4 Elasticity

Chapter 5 Efficiency and Equity

Chapter 6 Markets in Action

Chapter 7 Global Markets in Action

Part 3 Households, Firms and Markets

Chapter 8 Households' Choices

Chapter 9 Organizing Production

Chapter 10 Output and Costs

Chapter 11 Perfect Competition

Chapter 12 Monopoly

Chapter 13 Monopolistic Competition and Oligopoly

Part 4 Government, Income Distribution and Uncertainty

Chapter 14 Government Regulation and Competition Policy

Chapter 15 Externalities

Chapter 16 Public Goods and Common Resources

Chapter 17 Demand and Supply in Factor Markets

Chapter 18 Economic Inequality and Redistribution

Chapter 19 Uncertainty and Information

Part 5 Macroeconomic Overview

Chapter 20 A First Look at Macroeconomics

Chapter 21 Measuring GDP and Economic Growth

Chapter 22 Monitoring Jobs and the Price Level

Chapter 23 Aggregate Supply and Aggregate Demand

Chapter 24 In the Long Run: The Classical Model

Chapter 25 In the Short Run: The Keynesian Model

Part 6 Macroeconomic Policy

Chapter 26 Fiscal Policy

Chapter 27 The Monetary System

Chapter 28 Monetary Policy

Chapter 29 Fiscal and Monetary Interactions

Chapter 30 Inflation

Chapter 31 Economic Growth

Chapter 32 The Business Cycle

Chapter 33 International Finance



Additional information

Economics by Michael Parkin
Michael Parkin
Used - Very Good
Pearson Education (US)
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.