Survey of Economics : Principles and Tools
For one-semester or one-quarter survey or introductory courses in economics.By focusing on five key principles and reinforcing them throughout the text, students see how various topics in this first course fit together. This text teaches students how to think like economists by showing them how to use economic concepts in their everyday lives and careers. By using key concepts repeatedly, illustrating them with compelling real-world examples, and giving students lots of practice at "Active Learning," students will learn how to apply and use the principles and tools. Covers both Micro and Macroeconomics in one concise paperback volume.
- Paperback | 420 pages
- 199.6 x 255.5 x 17.5mm | 816.48g
- 01 Jan 2002
- Pearson Education (US)
- United States
- col. Illustrations, 2 col. ports.
Table of contents
1. Principles of Economics. 2. Supply, Demand, and Market Equilibrium. 3. Elasticity: A Measure of Responsiveness. 4. Production and Cost. 5. Perfect Competition: Short Run and Long Run. 6. Monopoly. 7. Monopolistic Competition, Oligopoly, and Antitrust. 8. Public Goods, Spillovers, and Imperfect Information. 9. The Labor Market. 10. Measuring a Nation's Production and Income. 11. Unemployment and Inflation. 12. Why Do Economies Grow? 13. Aggregate Demand and Aggregate Supply. 14. Keynesian Economics and Fiscal Policy. 15. Money, the Banking System, and the Federal Reserve. 16. Monetary Policy and Inflation. 17. International Trade and Finance.
About Arthur O'Sullivan
Arthur O'Sullivan is a professor of economics at Oregon State University. After receiving his B.S. Degree in economics at the University of Oregon, he spent two years in the Peace Corps, working with city planners in the Philippines. He received his Ph.D. in economics from Princeton University in 1981, and then spent 11 years at the University of California, Davis, where he won several teaching awards. At Oregon State University, he teaches microeconomics at different levels, from the introductory course to advanced courses for doctoral students. He is the author of the best-selling textbook, Urban Economics, currently in its fourth edition. Professor O'Sullivan's research explores economic issues concerning urban land use, environmental protection, and public finance. His articles appear in many economics journals, including Journal of Urban Economics, Journal of Environmental Economics and Management, National Tax Journal, and Journal of Public Economics. Professor O'Sullivan lives with his family in Corvallis, Oregon. He enjoys outdoor activities, including the kids' sport du jour (soccer, basketball, baseball, badminton, lawn hockey, or tackle the guy with the ball). Indoors, he is learning how to play the fiddle, much to the dismay of his family and the delight of the neighborhood dogs. Steven M. Sheffrin is dean of the division of social sciences and professor of economics at the University of California, Davis. He has been a visiting professor at Princeton University, Oxford University, and the London School of Economics, and served as a financial economist with the Office of Tax Analysis of the United States Department of Treasury. He has been on the faculty at Davis since 1976 and served as the chairman of the department of economics. He received his B.A. from Wesleyan University and his Ph.D. in economics from the Massachusetts Institute of Technology. Professor Sheffrin is the author of seven other books and monographs and over 80 articles in the fields of macroeconomics, public finance, and international economics. His most recent books include Rational Expectations (Second Edition) and Property Taxes and Tax Revolts: The Legacy of Proposition 13 (with Arthur O'Sullivan and Terri Sexton), both from Cambridge University Press. Professor Sheffrin has taught macroeconomics at all levels, from large lectures of principles (classes of 400) to graduate classes for doctoral students. He is the recipient of the Thomas Mayer Distinguished Teaching Award in economics. He lives with his wife Anjali (also an economist) and his two children in Davis, California. In addition to a passion for current affairs and travel, he plays a tough game of tennis.