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Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete. This well-respected author team is joined for the 9th edition by a new co-author, Sharon Oster. Sharon`s research and teaching experience brings new coverage of modern topics and an applied approach to economic theory, as demonstrated in the new Economics in Practice feature.
Table of Content
Part 1: Introduction to Economics
Ch. 1: The Scope and Method of Economics
Ch. 2: The Economic Problem: Scarcity and Choice
Ch. 3: Demand, Supply and Market Equilibrium
Ch. 4: Elasticity
Part 2: The Market System: Choices Made by Households and Firms
Ch. 5: Household Behavior and Consumer Choice
Ch. 6: The Production Process: The Behavior of Profit-Maximizing Firms
Ch. 7: Short-Run Costs and Output Decisions
Ch. 8: Long-Run Costs and Output Decisions
Ch. 9: Input Demand: The Labor and Land Markets
Ch. 10: Input Demand: The Capital Market and the Investment Decision
Ch. 11: General Equilibrium and the Efficiency of Perfect Competition
Part 3: Market Imperfections and the Role of Government
Ch. 12: Monopoly and Antitrust Policy
Ch. 13: Oligopoly
Ch. 14: Monopolistic Competition
Ch. 15: Externalities, Public Goods and Social Choice
Ch. 16: Uncertainty and Asymmetric Information
Ch. 17: Income Distribution and Poverty
Ch. 18: Public Finance: The Economics of Taxation
Part 4: Concepts and Problems in Macroeconomics
Ch. 19: Introduction to Macroeconomics
Ch. 20: Measuring National Output and National Income
Ch. 21: Unemployment, Inflation, and Long-Run Growth
Part 5: The Core of Macroeconomic Theory
Ch. 22: Aggregate Expenditure and Equilibrium Output
Ch. 23: The Government and Fiscal Policy
Ch. 24: Money Demand and the Equilibrium Interest Rate
Ch. 25: Aggregate Demand in the Goods and Money Markets
Ch. 26: Aggregate Supply and the Equilibrium Price Level
Ch. 27: The Labor Market in the Macro Economy
Part 6: Further Macroeconomic Issues
Ch. 28: Policy Timing, Deficit Targeting, and Stock Market Effects
Ch. 29: Long-Run Growth
Ch. 30: Debates in Macroeconomics: Monetarism, New Classical Theory, and Supply-Side Economics
Part 7: The World Economy
Ch. 31: International Trade, Comparative Advantage, and Protectionism
Ch. 32: Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
Ch. 33: Economic Growth in Developing and Transitional Economics
Salient Features
• NEW! Chapter 17: "Uncertainty and Asymmetric Information" — This new chapter explores how consumers and firms make decisions using incomplete information.
• NEW! Economics in Practice: This new feature in Case/Fair/Oster consists of either a description of a personal observation and an analysis that shows students how to use economic concepts to explain that observation or a newspaper excerpt that relates to the concepts of the chapters.
• NEW! Improved Organization of Market Structure Chapters. Case/Fair/Oster 9e now covers Monopolistic Competition and Oligopoly in two separate chapters
• New! Modern Topics on Input Demand, Monopoly and Antitrust Policy, Oligopoly, Monopolistic competition, Income Distribution & Poverty, Externalities, Public Goods, and Social ChoiceISBN - 9789332518186
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Pages : 706
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