Get students to think like an Economist using the latest policy and data
while incorporating Global Issues.
This title is a Pearson Global Edition. The Editorial team at Pearson has worked
closely with educators around the world to include content which is especially relevant to
students outside the United States.
From our global food shortage to global warming, economic issues permeate our
everyday lives. Parkin brings critical issues to the forefront. Each chapter begins with
one of today’s key issues, and additional issues appear throughout the chapter to show
the real-world applications of the theory being discussed. When the chapter concludes,
students “read between the lines” to think critically about a news article relating to
the issue, demonstrating how thinking like an economist helps make informed decisions.
Parkin is so committed to currency that he uploads news articles almost daily to
MyEconLab®, the online assessment and tutorial system that accompanies the text.
Assessment questions based on the “Economics in the News” articles will be uploaded
periodically so that instructors can assign recent articles within MyEconLab.
Brief Table of Contents
1. What is Economics
2. The Economic Problem
3. Demand and Supply
4. Elasticity
5. Efficiency and Equity
6. Government Actions in Markets
7. Global Markets in Action
8. Utility and Demand
9. Possibilities, Preferences, and Choices
10. Organizing Production
11. Output and Costs
12. Perfect Competition
13. Monopoly
14. Monopolistic Competition
15. Oligopoly
16. Public Choices and Public Goods
17. Economics of the Environment
18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information
21. Measuring GDP and Economic Growth
22. Monitoring Jobs and Inflation
23. Economic Growth
24. Finance, Saving, and Investment
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments
27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers: The Keynesian Model
29. U.S. Inflation, Unemployment, and Business Cycle
30. Fiscal Policy
31. Monetary Policy
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