Principles of economics /
Robert H. Frank, Cornell University, Jay J. Squalli, American University of Sharjah, Ben S. Bernanke, Princeton University [Affiliated], Cahirman, Board of Governors of the Federal Reserve System.
- Second Middle East edition.
- xxxi, 770 pages : illustrations (some color) ; 28 cm.
- McGraw-Hill series in economics. .
Includes index.
Introduction -- Thinking like an economist -- Comparative advantage -- Supply and demand -- Competition and the invisible hand -- Elasticity -- Demand -- Perfectly competitive supply -- Efficiency, exchange, and the invisible hand in action -- Market imperfections -- Monopoly, oligopoly, and monopolistic competition -- Games and strategic behavior -- Externalities and property rights -- The economics of information -- Economics of public policy -- Labor markets, poverty, and income distribution -- The environment, health, and safety -- Public goods and tax policy -- Macroeconomics : data and issues -- Spending, income, and gdp -- Inflation and the price level -- Wages and unemployment -- The economy in the long run -- Economic growth -- Saving, capital formation, and financial markets -- Money, prices, and the financial system -- The economy in the short run -- Short-term economic fluctuations -- Spending, output, and fiscal policy -- Monetary policy and the federal reserve -- Aggregate demand, aggregate supply, and business cycles -- Macroeconomic policy -- The international economy -- Exchange rates, international trade, and capital flows -- Glossary -- Index.