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This textbook utilizes the ideas and concepts that made the international edition a valued companion to economics students and lecturers the world over, but tailors its language and illustrations to better suit its Arab readers. Regional case studies, photographs and examples bring the principles and concepts of economics to life for Arab learners, who are encouraged to apply the information and data contained in Economics to their own environment and experiences.
Sommario
FLEXIBILITY CHART xxii
features matrix xxiv
Preface xxviii
Acknowledgments xlv
Part 1: Introduction
Chapter 1: Economics: Foundations and Models 2
Chapter 1: Appendix: Using Graphs and
Formulas 24
Chapter 2: Trade-Offs, Comparative Advantage,
and the Market System 36
Chapter 3: Where Prices Come From:
The Interaction of Demand and Supply 66
Chapter 4: Economic Efficiency, Government
Price Setting, and Taxes 100
Chapter 4: Appendix: Quantitative Demand
and Supply Analysis 133
Chapter 5: Elasticity: The Responsiveness
of Demand and Supply 138
Chapter 6: Consumer Choice and Behavioral
Economics 174
Chapter 6: Appendix: Using Indifference
Curves and Budget Lines to Understand
Consumer Behavior 205
Chapter 7: Technology, Production, and Costs 220
Chapter 7: Appendix: Using Isoquants and
Isocosts to Understand Production and Cost 251
Chapter 8: Firms in Perfectly Competitive
Markets 264
Chapter 9: Monopolistic Competition:
The Competitive Model in a More Realistic Setting 300
Chapter 10: Oligopoly: Firms in Less Competitive
Markets 328
Chapter 11: Monopoly and Antitrust Policy 356
Chapter 12: Pricing Strategy 388
Chapter 13: Externalities, Environmental Policy,
and Public Goods 416
Chapter 14: Comparative Advantage and the
Gains from International Trade 452
Chapter 15: Measuring Total Production
and Income 490
Chapter 16: Unemployment and Inflation 518
Chapter 17: Economic Growth, the Financial
System, and Business Cycles 550
Chapter 18: The Markets for Labor and Other
Factors of Production 580
Chapter 19: Output and Expenditure in the
Short Run 616
Chapter 19: Appendix: The Algebra
of Macroeconomic Equilibrium 655
Chapter 20: Aggregate Demand
and Aggregate Supply Analysis 658
Chapter 20: Appendix: Macroeconomic
Schools of Thought 69
Chapter 21: Money, Banks, and the Central Bank 696
Chapter 22: Monetary Policy 728
Chapter 23: Fiscal Policy 760
Chapter 23: Appendix: A Closer Look at
the Multiplier 795
Chapter 24: Inflation, Unemployment,
and Central Bank Policy 802
Chapter 25: Macroeconomics in an
Open Economy 832
REFERENCES R-1
English-Arabic Glossary G-1
Index I-1
Credits C-1