
Economics, Updated Edition
Pearson (Publisher)
2nd Edition
Published on 12. March 2009
Book
Hardback
1168 pages
978-0-13-609205-6 (ISBN)
Description
For the two-semester Principles of Economics courses at 4-year & 2-year colleges and universities.
Hubbard & O'Brien is the only book that motivates students to learn economics through real business examples.
The updated edition offers insights into the exciting economic topics that are in the news and affecting all of us today-like the election, the housing market, the impact of the current oil situation, current challenges to airlines, debates over trade policy, and consequences of the "amazing shrinking dollar."
Hubbard & O'Brien is the only book that motivates students to learn economics through real business examples.
The updated edition offers insights into the exciting economic topics that are in the news and affecting all of us today-like the election, the housing market, the impact of the current oil situation, current challenges to airlines, debates over trade policy, and consequences of the "amazing shrinking dollar."
More details
Edition
2nd edition
Language
English
Place of publication
United States
Publishing group
Pearson Education (US)
Target group
College/higher education
Dimensions
Height: 276 mm
Width: 210 mm
Weight
2654 gr
ISBN-13
978-0-13-609205-6 (9780136092056)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Previous edition

Book
04/2008
2nd Edition
Pearson
€115.12
Article exhausted; check for reprint
Persons
Glenn Hubbard policymaker, professor, and researcher.
R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia's Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001-2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991-1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard's fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.
Tony O'Brien award-winning professor and researcher.
Anthony Patrick O'Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. Anthony O'Brien's research has dealt with such issues as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black-white income differences. His research has been published in leading journals, including the American Economic Review, the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, Industrial Relations, and the Journal of Economic History. His research has been supported by grants from government agencies and private foundations. In addition to teaching and writing, Anthony O'Brien also serves on the editorial board of the Journal of Socio-economics.
R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia's Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001-2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991-1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard's fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.
Tony O'Brien award-winning professor and researcher.
Anthony Patrick O'Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. Anthony O'Brien's research has dealt with such issues as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black-white income differences. His research has been published in leading journals, including the American Economic Review, the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, Industrial Relations, and the Journal of Economic History. His research has been supported by grants from government agencies and private foundations. In addition to teaching and writing, Anthony O'Brien also serves on the editorial board of the Journal of Socio-economics.
Content
Part 1: Introduction Ch. 1: Economics: Foundations and Models Appendix: Using Graphs and Formulas Ch. 2: Tradeoffs, Comparative Advantage, and the Market System Ch. 3: Where Prices Come From: The Interaction of Demand & Supply Ch. 4: Economic Efficiency, Government Price Setting, and Taxes Appendix: Quantitative Demand and Supply Analysis Part 2: Markets in Action Ch. 5: Externalities, Environmental Policy, and Public Goods Ch. 6: Elasticity: The Responsiveness of Demand and Supply Part 3: Firms in the Domestic & International Economies Ch. 7: Firms, the Stock Market, and Corporate Governance Appendix: Tools to Analyze Firms' Financial Information Ch. 8: Comparative Advantage and the Gains from International Trade Appendix: Multinational Firms Part 4: Microeconomic Foundations: Consumers and Firms Ch. 9: Consumer Choice & Behavioral Economics Appendix: Indifference Curves Ch. 10: Production, Technology, and Costs Appendix: Isoquants and Isocosts Part 5: Market Structure and Firm Strategy Ch. 11: Firms in Perfectly Competitive Markets Ch. 12: Monopolistic Competition: The Competitive Model in a More Realistic Setting Ch. 13: Oligopoly: Firms in Less Competitive, Markets Ch. 14: Monopoly and Antitrust Policy Ch. 15: Pricing Strategy Part 6: Markets for Factors of Production Ch. 16: The Markets for Labor and Other Factors of Production Part 7: Information, Taxes, and the Distribution of Income Ch. 17: The Economics of Information Ch. 18: Public Choice, Taxes, and the Distribution of Income Part 8: Macroeconomic Foundations and Long-Run Growth
Ch. 19: GDP: Measuring Total Production and Income Ch. 20: Unemployment & Inflation Ch. 21: Economic Growth, the Financial System, and Business Cycles Ch. 22: Long-Run Growth: Sources & Policies Part 9: Short-Run Fluctuations Ch. 23: Output & Expenditure in the Short Run Appendix: The Algebra of Macroeconomic Equilibrium Ch. 24: AD/AS Analysis Appendix: Macroeconomic Schools of Thought Part 10: Monetary and Fiscal Policy Ch. 25: Money, Banks, and the Federal Reserve System Ch. 26: Monetary Policy Ch. 27: Fiscal Policy Appendix: A Closer Look at the Multiplier Ch. 28: Inflation,Unemployment, & Federal Reserve Policy Part 11: The International Economy Ch. 29: Macroeconomics in an Open Economy Ch. 30: The International Financial System Appendix: The Gold Standard and the Bretton Woods System
Ch. 19: GDP: Measuring Total Production and Income Ch. 20: Unemployment & Inflation Ch. 21: Economic Growth, the Financial System, and Business Cycles Ch. 22: Long-Run Growth: Sources & Policies Part 9: Short-Run Fluctuations Ch. 23: Output & Expenditure in the Short Run Appendix: The Algebra of Macroeconomic Equilibrium Ch. 24: AD/AS Analysis Appendix: Macroeconomic Schools of Thought Part 10: Monetary and Fiscal Policy Ch. 25: Money, Banks, and the Federal Reserve System Ch. 26: Monetary Policy Ch. 27: Fiscal Policy Appendix: A Closer Look at the Multiplier Ch. 28: Inflation,Unemployment, & Federal Reserve Policy Part 11: The International Economy Ch. 29: Macroeconomics in an Open Economy Ch. 30: The International Financial System Appendix: The Gold Standard and the Bretton Woods System