Economics, Brief Edition

McConnell, Brue and Flynn'sEconomics: Brief Edition, 2e comes from the same author team as the market-leading Principles of Economics textbook.Economics: Brief Editiontailors the core concepts from proven leaderEconomics, 19th edition to create a concise introduction to the course that is distinct in purpose, style, and coverage. Like the 19th edition,Economics: Brief Edition, 2e continues to be innovative while teaching students in a clear, unbiased way. Content and pedagogy have 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy

Part One: Introduction

Chapter 1 Limits, Alternatives, and Choices

Chapter 2 The Market System and the Circular Flow

Part Two: Price, Quantity, and Efficiency

Chapter 3 Demand, Supply, and Market Equilibrium

Appendix 3W: Additional Examples of Supply and Demand

Chapter 4 Elasticity of Demand and Supply

Chapter 5 Market Failures: Public Goods and Externalities

Part Three: Product Markets

Chapter 6 Businesses and Their Costs

Chapter 7 Pure Competition

Chapter 8 Pure Monopoly

Chapter 9 Monopolistic Competition and Oligopoly

Part Four: Resource Markets and Government

Chapter 10 Wage Determination

Chapter 11 Income Inequality and Poverty

Chapter 12 Public Finance: Expenditures and Taxes

Part Five: GDP, Growth, and Instability

Chapter 13 GDP and Economic Growth

Chapter 14 Business Cycles, Unemployment, and Inflation

Chapter 15 Aggregate Demand and Aggregate Supply

Chapter 16 Fiscal Policy, Deficits, and Debt

Part Six: Money, Banking, and Monetary Policy

Chapter 17 Money, Banking, and Financial Institutions

Chapter 18 Interest Rates and Monetary Policy

Part Seven: Long-Run Considerations and International Economics

Chapter 19 Long-Run Aggregate Supply and Aggregate Demand

Chapter 20 International Trade and Exchange Rates

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