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Economics, Global Edition ,14th edition::9781292433738R365

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Published by Pearson (May 30, 2022) © 2022

Michael Parkin
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    ISBN-13: 9781292433738R365

    Economics, Global Edition ,14th edition

    Published 2022

    Language: English

    Deepen your understanding and think like an economist

    Economics, 14th edition, by Michael Parkin is an intuitive guide to modern economics that teaches you how to think like an economist on global issues. Grounded in real-life examples, the text brings together the latest policy and thoughts on world events and encourages critical thinking to enable you to join the discussion. This new edition emphasises real-world applications with diagrams renowned for their pedagogy and clarity throughout.

    With a range of learning features across its chapters, this title will give you the necessary skills to gain a clearer and deeper understanding of today's events.

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    • 9781292433646 Economics, 14th Edition MyLab® Economics
    • 9781292433684 Economics, 14th Edition Pearson eText

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    PART 1: INTRODUCTION

    1. What is Economics?
    2. The Economic Problem

    PART 2: HOW MARKETS WORK

    1. Demand and Supply
    2. Elasticity
    3. Efficiency And Equity
    4. Government Actions in Markets
    5. Global Markets in Action

    PART 3: HOUSEHOLDS' CHOICES

    1. Utility and Demand
    2. Possibilities, Preferences, and Choices

    PART 4: FIRMS AND MARKETS

    1. Organizing Production
    2. Output and Costs
    3. Perfect Competition
    4. Monopoly
    5. Monopolistic Competition
    6. Oligopoly

    PART 5: MARKET FAILURE AND GOVERNMENT

    1. Public Choices, Public Goods, and Healthcare
    2. Externalities

    PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

    1. Markets for Factors of Production
    2. Economic Inequality
    3. Uncertainty and Information

    PART 7: MONITORING MACROECONOMIC PERFORMANCE

    1. Monitoring the Value of Production: GDP
    2. Monitoring Jobs and Inflation

    PART 8: MACROECONOMIC TRENDS

    1. Economic Growth
    2. Finance, Saving, and Investment
    3. Money, the Price Level, and Inflation
    4. The Exchange Rate and the Balance of Payments

    PART 9: MACROECONOMIC FLUCTUATIONS

    1. Aggregate Supply and Aggregate Demand
    2. Expenditure Multipliers
    3. The Business Cycle, Inflation, and Deflation

    PART 10: MACROECONOMIC POLICY

    1. Fiscal Policy
    2. Monetary Policy
    !