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Hubbard & O'Brien is the only book that motivates students to learn economics through real business examples. The #1 question students of economics ask themselves is: "Why am I here, and will I ever use this"? Hubbard & O'Brien answer this question by demonstrating that real businesses use economics to make real decisions daily. This is motivating to all students, whether they are business majors or not. All students can relate to businesses they encounter in their everyday lives. Whether they open an art studio, do social work, trade on Wall Street, work for the government, or bartend at the local pub, students will benefit from understanding the economic forces behind their more

Product details

  • Hardback | 1056 pages
  • 208.3 x 279.4 x 38.1mm | 2,131.91g
  • Pearson Education (US)
  • Pearson
  • United States
  • English
  • 0130675520
  • 9780130675521

Table of contents

Part 1: Introduction Chapter 1: Economics: Foundations and ModelsAppendix: Using Graphs and FormulasChapter 2: Tradeoffs, Comparative Advantage, and the Market SystemChapter 3: Where Prices Come From: The Interaction of Demand & SupplyChapter 4: Economic Efficiency, Government Price Setting, and TaxesAppendix: Calculating Consumer Surplus and Producer Surplus Part 2: Markets in ActionChapter 5:Externalities, Environmental Policy, and Public GoodsChapter 6: Elasticity: The Responsiveness of Demand and Supply Part 3: Firms in the Domestic & International EconomiesChapter 7: Firms, the Stock Market, and Corporate GovernanceAppendix: Tools to Analyze Firms' Financial InformationChapter 8: Comparative Advantage and the Gains from International TradeAppendix: Multinational Firms Part 4: Microeconomic Foundations: Consumers and FirmsChapter 9: Consumer Choice & Behavioral EconomicsAppendix: Indifference CurvesChapter 10: Production, Technology, and CostsAppendix: Isoquants and Isocosts Part 5: Market Structure and Firm StrategyChapter 11: Firms in Perfectly Competitive MarketsChapter 12: Monopolistic Competition: The Competitive Model in a More Realistic SettingChapter 13: Oligopoly: Firms in Less Competitive MarketsChapter 14: Monopoly and Antitrust PolicyChapter 15: Pricing Strategy Part 6: Markets for Factors of ProductionChapter 16: The Markets for Labor and Other Factors of Production Part 7: Information, Taxes, and the Distribution of IncomeChapter 17: The Economics of InformationChapter 18: The Tax System and the Distribution of Income Part 8: Macroeconomic Foundations and Long-Run GrowthChapter 19: GDP: Measuring Total Production and IncomeChapter 20: Unemployment & InflationChapter 21: Business Cycles, the Financial System, and Economic GrowthChapter 22: Long-Run Growth: Sources & Policies Part 9: Short-Run FluctuationsChapter 23: Output & Expenditure in the Short RunAppendix: The Algebra of Macroeconomic Equilibrium Chapter 24: AD/AS AnalysisAppendix: Schools of Macro Thought Part 10: Monetary and Fiscal PolicyChapter 25: Money, Banks, and the Federal Reserve SystemChapter 26: Monetary PolicyChapter 27: Fiscal PolicyChapter 28: Inflation, Unemployment, & Federal Reserve Policy Part 11: The International EconomyChapter 29: Macroeconomics in an Open EconomyChapter 30: The International Financial Systemshow more

About R. Glenn Hubbard

Glenn Hubbard policymaker, professor, and researcher. R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia's Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001-2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991-1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard's fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations. Tony O'Brien award-winning professor and researcher.Anthony Patrick O'Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. Anthony O'Brien's research has dealt with such issues as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black-white income differences. His research has been published in leading journals, including the American Economic Review, the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, Industrial Relations, and the Journal of Economic History. His research has been supported by grants from government agencies and private foundations. In addition to teaching and writing, Anthony O'Brien also serves on the editorial board of the Journal of more

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34 ratings
3.41 out of 5 stars
5 26% (9)
4 24% (8)
3 18% (6)
2 29% (10)
1 3% (1)
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