Kent Matthews Bücher

Get students to think like an Economist using the latest policy and data while incorporating Global Issues. Introduction: What is Economics?; The Economic Problem. How Markets Work: Demand and Supply; Elasticity; Efficiency and Equity; Government Actions in Markets; Global Markets in Action. Households' Choices: Utility and Demand; Possibilities, Preferences, and Choices. Firms and Markets: Organizing Production; Output and Costs; Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly. Market Failure and Government: Externalities; Public Goods and Common Resources. Factor Markets, Inequality, and Uncertainty: Markets for Factors of Production; Economic Inequality; Uncertainty and Information. Monitoring Macroeconomic Trends and Fluctuations: Measuring GDP and Economic Growth; Monitoring Jobs and Inflation. Macroeconomic Trends: Economic Growth; Finance, Saving, and Investment; Money, the Price Level, and Inflation; The Exchange Rate and the Balance of Payments. Macroeconomic Fluctuations: Aggregate Supply and Aggregate Demand; Expenditure Multipliers: They Keynesian Model; U.S. Inflation, Unemployment, and Business Cycle. Macroeconomic Policy: Fiscal Policy; Monetary Policy. For all readers interested in economics. This package contains: Addison-Wesley, MyEconLab with E-Book 2-semester Student Access Kit (valuepack item only) (2010)

By applying an analytical framework to the patient, stepped-out development of models, Mishkin draws students into a deeper understanding of modern monetary theory, banking and policy. His combination of common sense applications with current events provides comprehensive coverage in an informal tone students appreciate.

Describing the trends and operations in banking within an accessible microeconomic framework, this text incorporates theory with the practical aspects of banking, so as to set banking within an economic paradigm