TY - BOOK AU - Frank,Robert H. AU - Bernanke,Ben AU - Antonovics,Kate L. AU - Heffetz,Ori TI - Principles of economics T2 - The McGraw-Hill series in economics SN - 1260092917 AV - HB171.5 U1 - 330 23 PY - 2019///] CY - New York, NY PB - McGraw-Hill Education KW - Economics N1 - Includes bibliographical references and index; Part I; Introduction : --; 1; Thinking like an Economist --; 2; Comparative Advantage --; 3; Supply and Demand --; Part II; Competition and the Invisible Hand : --; 4; Elasticity --; 5; Demand --; 6; Perfectly Competitive Supply --; 7; Efficiency, Exchange, and the Invisible Hand in Action --; Part III; Market Imperfections : --; 8; Monopoly, Oligopoly, and Monopolistic Competition --; 9; Games and Strategic Behavior --; 10; An Introduction to Behavioral Economics --; 11; Externalities, Property Rights, and the Environment --; 12; The Economics of Information --; Part IV; Economics of Public Policy : --; 13; Labor Markets, Poverty, and Income Distribution --; 14; Public Goods and Tax Policy --; Part V; International Trade : --; 15; International Trade and Trade Policy --; Part VI; Macroeconomics: Data and Issues : --; 16; Macroeconomics: The Birds-Eye View of the Economy --; 17; Measuring Economic Activity: GDP and Unemployment --; 18; Measuring the Price Level and Inflation --; Part VII; The Economy in the Long Run : --; 19; Economic Growth, Productivity, and Living Standards --; 20; Workers, Wages, and Unemployment --; 21; Saving and Capital Formation --; 22; Money, Prices, and the Federal Reserve --; 23; Financial Markets and International Capital Flows --; Part VIII; The Economy in the Short Run : --; 24; Short-Term Economic Fluctuations: An Introduction --; 25; Spending and Output in the Short Run --; 26; Stabilizing the Economy: The Role of the Fed --; 27; Aggregate Demand, Aggregate Supply, and Inflation --; 28; Exchange Rates and the Open Economy N2 - "Principles of Economics, 7th Edition, provides a deeper understanding of economics by eliminating overwhelming detail and focusing on seven core principles that are reinforced and illustrated throughout the text. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become "economic naturalists:" people who employ basic economic principles to understand and explain what they observe in the world around them."--Publisher's website ER -