| Description |
1 online resource (964 pages) : color illustrations |
| Contents |
Welcome to economics! -- Choice in a world of scarcity -- Demand and supply -- Labor and financial markets -- Elasticity -- Consumer choices -- Production, costs, and industry structure -- Perfect competition -- Monopoly -- Monopolistic competition and oligopoly -- Monopoly and antitrust policy -- Environmental protection and negative externalities -- Positive externalities and public goods -- Labor markets and income -- Poverty and economic inequality -- Information, risk, and insurance -- Financial markets -- Public economy -- The macroeconomic perspective -- Economic growth -- Unemployment -- Inflation -- The international trade and capital flows -- The aggregate demand/aggregate supply model -- The Keynesian perspective -- The neoclassical perspective -- Money and banking -- Monetary policy and bank regulation -- Exchange rates and international capital flows -- Government budgets and fiscal policy -- The impacts of government borrowing -- Macroeconomic policy around the world -- International trade -- Globalization and protectionism -- The use of mathematics in principles of economics -- Indifference curves -- Present discounted value -- The expenditure-output model |
| Summary |
"Principles of Economics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters." -- Publisher website |
| Analysis |
OER |
|
Open educational resources |
| Related To |
Adaptation of (work): Taylor, Timothy, 1960- Principles of economics 2E : economics and the economy. 2nd ed. [Minneapolis] : Textbook Media, 2011 9781930789135 1930789130 |
| Notes |
Senior contributing author, Timothy Taylor; senior content expert, Steven A. Greenlaw; senior contributors, Eric Dodge, Cynthia Gamez, Andres Jauregui, Diane Keenan, Dan MacDonald, Amyaz Moledina, Craig Richardson, David Shapiro, Ralph Sonenshine |
| Bibliography |
Includes bibliographical references (pages 939-955) and index |
| Notes |
Also available in print |
|
Textbook content produced by OpenStax is licensed under a Creative Commons Attribution Non-Commercial ShareAlike 4.0 International License (CC BY-NC-SA 4.0) |
|
Online version, revision PE2-2017-002-(03/18)-LC; title from PDF (view October 30, 2018) |
| Subject |
Economics -- Textbooks.
|
|
Economics -- United States -- Textbooks.
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| Genre/Form |
Textbooks.
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| Form |
Electronic book
|
| Genre/Form |
Textbooks.
|
| Author |
Shapiro, David, author
|
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Dodge, Eric R., author
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Gamez, Cynthia, 1962- author
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Jauregui, Andres, 1976- author
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Keenan, Diane, author
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MacDonald, Dan, 1985- author
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Moledina, Amyaz, author
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Richardson, Craig, 1962- author
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Sonenshine, Ralph, author
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OpenStax College, issuing body
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| ISBN |
9781947172371 (digital) |
|
1947172379 (digital) |
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9781947172364 |
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