Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling Principles of Economics texts because they trust it to be clear thorough and complete. Readers of Principles of Economics Twelfth Edition come away with a basic understanding of how market economies function an appreciation for the things they do well and a sense of things they do poorly. With the latest research and added exercises readers begin to learn the art and science of economic thinking and start to look at some policy and even personal decisions in a different way. KEY TOPICS: The Scope and Method of EconomicsThe Economic Problem: Scarcity and ChoiceDemand Supply and Market EquilibriumDemand and Supply ApplicationsElasticityHousehold Behavior and Consumer ChoiceThe Production Process: The Behavior of Profit-Maximizing FirmsShort-Run Costs and Output DecisionsLong-Run Costs and Output DecisionsInput Demand: The Labor and Land MarketsInput Demand: The Capital Market and the Investment DecisionGeneral Equilibrium and the Efficiency of Perfect CompetitionMonopoly and Antitrust PolicyOligopolyMonopolistic CompetitionExternalities Public Goods and Common ResourcesUncertainty and Asymmetric InformationIncome Distribution and PovertyPublic Finance: The Economics of TaxationIntroduction to MacroeconomicsMeasuring National Output and National IncomeUnemployment Inflation and Long-Run GrowthAggregate Expenditure and Equilibrium OutputThe Government and Fiscal PolicyMoney the Federal Reserve and the Interest RateThe Determination of Aggregate Output the Price Level and the Interest RatePolicy Effects and Cost Shocks in the AS/AD ModelThe Labor Market in the MacroeconomyFinancial Crises Stabilization and DeficitsHousehold and Firm Behavior in the Macroeconomy: A Further LookLong-Run GrowthAlternative Views in MacroeconomicsInternational Trade Comparative Advantage and ProtectionismOpen-Economy Macroeconomics: The Balance of Payments and Exchange RatesEconomic Growth in Developing EconomiesCritical Thinking about Research MARKET: For all readers interested in the principles of economics. 0134426843 / 9780134426846 Principles of Economics Plus MyEconLab with Pearson eText (2-semester access) -- Access Card Package Package consists of:0134078772 / 9780134078779 Principles of Economics0134079450 / 9780134079455 MyEconLab with Pearson eText -- Access Card -- for Principles of Economics Read more
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