CoreEconomics – Gerald W. Stone – 1st Edition


CoreEconomicsis based on an extensive survey conducted by the author, Gerald Stone. Professor Stone asked several hundred instructors which chapters of their principles books they actually cover in their courses. Two important points emerged:

• One chapter/one week. Instructors typically cover one chapter per week, or 15 chapters in a 15-week semester.

• The majority of instructors teach the same 2/3 of a standard economics textbook.

The overwhelming majority of instructors covers the same chapters in the bulk of their course and then spend minimal time covering additional chapters. Over 90% of professors cover a maximum of 15 chapters in their microeconomics or macroeconomics text, which typically includes 19-22 chapters.

Based on this he decided to write a textbook that covers the core topics of economics in the sequence they are most commonly taught. The result is CoreEconomics, a text that provides everything you need to cover in your course in one chapter per week at 2/3 the cost of the average principles of Economics text.

In this sense, “core” does not mean brief or abridged. Rather, it means that the textbook contains the chapters that most instructors need, but very few additional chapters or special-interest topics, such as agricultural economics, urban economics, insurance, and risk.

BecauseCoreEconomicsfocuses on the core principles, it includes very few boxes, sidebars, or additional features. Rather, examples are incorporated into the main narrative of each chapter. The result is a more satisfying reading and learning experience for the student.

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  • Chapter 1. Exploring economics
    Chapter 2. Production, economic growtn, and trade
    Chapter 3. Supply and demand
    Chapter 4. Market efficiency, market failure, and government intervention
    Chapter 5. Elasticity
    Chapter 6. Consumer choice and demand
    Chapter 7. Production and cost
    Chapter 8. Competition
    Chapter 9. Monopoly
    Chapter 10. Monopolistic competition, oligopoly, and game theory
    Chapter 11. Theory of input market
    Chapter 12. Labor market issues
    Chapter 13. Public goods, common resources, and externalities
    Chapter 14. Poverty and income distribution
    Chapter 15. Introduction to macroeconomics
    Chapter 16. Measuring inflation and unemployment
    Chapter 17. Economic growth
    Chapter 18. Keynesian macroeconomics
    Chapter 19. Aggregate demand and supply
    Chapter 20. Fiscal policy
    Chapter 21. The monetary system
    Chapter 22. Monetary policy
    Chapter 23. Federal deficits and public debt
    Chapter 24. Macroeconomic policy challenges
    Chapter 25. International trade
    Chapter 26. Open economy macroeconomics
  • Citation
    • Full Title: CoreEconomics
    • Author/s:
    • ISBN-10: 1429264063
    • ISBN-13: 9781429264068
    • Edition: 1st Edition
    • Publication date: 2008
    • Topic: Business
    • Subtopic: Economy
    • File Type: eBook
    • Idioma: English

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