Economics

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Detalles Bibliográficos
Otros Autores:	Acemoglu, Daron, author (author), Laibson, David I., author, List, John A., 1968- author
Formato:	Libro electrónico
Idioma:	Inglés
Publicado:	Harlow, England : Pearson [2019]
Edición:	Seventh edition, Global edition
Materias:	Economics.
Ver en Biblioteca Universitat Ramon Llull:	https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009670139606719

Tabla de Contenidos:

Cover
Practice, Engage, and Assess with MyLab Economics
The Pearson Series in Economics
Title Page
Copyright Page
Dedication
About the Authors
Brief Contents
Contents
Preface
Acknowledgments
Global Edition Acknowledgments
Economics: Flexibility Chart
Part I: Introduction to Economics
Chapter 1: The Principles and Practice of Economics
1.1. The Scope of Economics
Economic Agents and Economic Resources
Definition of Economics
Positive Economics and Normative Economics
Microeconomics and Macroeconomics
1.2. Three Principles of Economics
1.3. The First Principle of Economics: Optimization
Trade-offs and Budget Constraints
Opportunity Cost
Cost-Benefit Analysis
Evidence-Based Economics: Is Facebook free?
1.4. The Second Principle of Economics: Equilibrium
The Free-Rider Problem
1.5. The Third Principle of Economics: Empiricism
1.6. Is Economics Good for You?
Summary
Key Terms
Questions
Problems
Chapter 2: Economic Methods and Economic Questions
2.1. The Scientific Method
Models and Data
An Economic Model
Evidence-Based Economics: How much more do Workers with a College Education Earn?
Means and Medians
Argument by Anecdote
2.2. Causation and Correlation
The Red Ad Blues
Causation versus Correlation
Choice &amp
Consequence: Spend Now and Pay Later?
Experimental Economics and Natural Experiments
Evidence-Based Economics: How much do Wages Increase when Mandatory Schooling Laws Force People to Get an Extra Year of Schooling?
2.3. Economic Questions and Answers
Summary
Key Terms
Questions
Problems
Appendix: Constructing and Interpreting Charts and Graphs
A Study about Incentives
Experimental Design
Describing Variables
Cause and Effect
Appendix Key Terms
Appendix Problems.
Chapter 3: Optimization: Doing the Best You Can
3.1. Optimization: Choosing the Best Feasible Option
Choice &amp
Consequence: Do People Really Optimize?
3.2 Optimization Application: Renting the Optimal Apartment
Before and After Comparisons
3.3 Optimization Using Marginal Analysis
Marginal Cost
Evidence-Based Economics: How does Location Affect the Rental Cost of Housing?
Summary
Key Terms
Questions
Problems
Chapter 4: Demand, Supply, and Equilibrium
4.1. Markets
Competitive Markets
4.2. How Do Buyers Behave?
Demand Curves
Willingness to Pay
From Individual Demand Curves to Aggregated Demand Curves
Building the Market Demand Curve
Shifting the Demand Curve
Evidence-Based Economics: How much more Gasoline would People buy if its Price were Lower?
4.3. How Do Sellers Behave?
Supply Curves
Willingness to Accept
From the Individual Supply Curve to the Market Supply Curve
Shifting the Supply Curve
4.4. Supply and Demand in Equilibrium
Curve Shifting in Competitive Equilibrium
Letting the Data Speak: Technological Breakthroughs Drive Down the Equilibrium Price of Oil
4.5. What Would Happen If the Government Tried to Dictate the Price of Gasoline?
Choice &amp
Consequence: The Unintended Consequences of Fixing Market Prices
Summary
Key Terms
Questions
Problems
Part II: Foundations of Microeconomics
Chapter 5: Consumers and Incentives
5.1. The Buyer's Problem
What You Like
Prices of Goods and Services
Choice &amp
Consequence: Absolutes Versus Percentages
How Much Money You Have to Spend
5.2. Putting It All Together
Price Changes
Income Changes
5.3. From the Buyer's Problem to the Demand Curve
5.4. Consumer Surplus
An Empty Feeling: Loss in Consumer Surplus When Price Increases.
Evidence-Based Economics: Would a Smoker Quit the Habit for 100 Per Month?
5.5. Demand Elasticities
The Price Elasticity of Demand
The Cross-Price Elasticity of Demand
The Income Elasticity of Demand
Letting the Data Speak: Should McDonald's Be Interested in Elasticities?
Summary
Key Terms
Questions
Problems
Appendix: Representing Preferences with Indifference Curves: Another Use of the Budget Constraint
Appendix Questions
Appendix Key Terms
Chapter 6: Sellers and Incentives
6.1. Sellers in a Perfectly Competitive Market
6.2. The Seller's Problem
Making the Goods: How Inputs Are Turned into Outputs
The Cost of Doing Business: Introducing Cost Curves
The Rewards of Doing Business: Introducing Revenue Curves
Putting It All Together: Using the Three Components to Do the Best You Can
Choice &amp
Consequence: Maximizing Total Profit, Not Per-Unit Profit
6.3. From the Seller's Problem to the Supply Curve
Price Elasticity of Supply
Shutdown
Choice &amp
Consequence: Marginal Decision Makers Ignore Sunk Costs
6.4. Producer Surplus
6.5. From the Short Run to the Long Run
Long-Run Supply Curve
Choice &amp
Consequence: Visiting a Car Manufacturing Plant
6.6. From the Firm to the Market: Long-Run Competitive Equilibrium
Firm Entry
Firm Exit
Zero Profits in the Long Run
Economic Profit Versus Accounting Profit
Evidence-Based Economics: How would an Ethanol Subsidy Affect Ethanol Producers?
Summary
Key Terms
Questions
Problems
Appendix: When Firms Have Different Cost Structures
Chapter 7: Perfect Competition and the Invisible Hand
7.1. Perfect Competition and Efficiency
Social Surplus
Pareto Efficiency
7.2. Extending the Reach of the Invisible Hand: From the Individual to the Firm.
7.3. Extending the Reach of the Invisible Hand: Allocation of Resources Across Industries
7.4. Prices Guide the Invisible Hand
Deadweight Loss
Evidence-Based Economics: Do Companies like Uber make use of the Invisible hand?
The Command Economy
Choice &amp
Consequence: FEMA and Walmart After Katrina
The Central Planner
Choice &amp
Consequence: Command and Control at Kmart
7.5. Equity and Efficiency
Evidence-Based Economics: Can markets Composed of only Self-interested People Maximize the overall well-being of Society?
Summary
Key Terms
Questions
Problems
Chapter 8: Trade
8.1. The Production Possibilities Curve
Calculating Opportunity Cost
8.2. The Basis for Trade: Comparative Advantage
Specialization
Absolute Advantage
Choice &amp
Consequence: An Experiment on Comparative Advantage
The Price of the Trade
8.3. Trade Between States
Choice &amp
Consequence: Should LeBron James Paint His Own House?
Economy-Wide PPC
Comparative Advantage and Specialization Among States
8.4. Trade Between Countries
Determinants of Trade Between Countries
Letting the Data Speak: Fair Trade Products
Exporting Nations: Winners and Losers
Importing Nations: Winners and Losers
Where Do World Prices Come From?
Determinants of a Country's Comparative Advantage
8.5. Arguments Against Free Trade
National Security Concerns
Fear of Globalization
Environmental and Resource Concerns
Infant Industry Arguments
The Effects of Tariffs
Choice &amp
Consequence: Tariffs Affect Trade Between Firms
Evidence-Based Economics: Will Free Trade Cause you to Lose your Job?
Summary
Key Terms
Questions
Problems
Chapter 9: Externalities and Public Goods
9.1. Externalities
A "Broken" Invisible Hand: Negative Externalities.
A "Broken" Invisible Hand: Positive Externalities
Pecuniary Externalities
Choice &amp
Consequence: Positive Externalities in Spots You Never Imagined
9.2. Private Solutions to Externalities
Private Solution: Bargaining
The Coase Theorem
Private Solution: Doing the Right Thing
9.3. Government Solutions to Externalities
Government Regulation: Command-and-Control Policies
Evidence-Based Economics: What can the Government do to Lower the Number of Earthquakes in Oklahoma?
Government Regulation: Market-Based Approaches
Corrective Taxes
Corrective Subsidies
Letting the Data Speak: How to Value Externalities
Letting the Data Speak: Pay as You Throw: Consumers Create Negative Externalities Too!
9.4. Public Goods
Government Provision of Public Goods
Choice &amp
Consequence: The Free-Rider's Dilemma
Private Provision of Public Goods
9.5. Common Pool Resource Goods
Choice &amp
Consequence: Tragedy of the Commons
Choice &amp
Consequence: The Race to Fish
Evidence-Based Economics: How can the Queen of England lower her commute time to Wembley Stadium?
Summary
Key Terms
Questions
Problems
Chapter 10: The Government in the Economy: Taxation and Regulation
10.1. Taxation and Government Spending in the United States
Where Does the Money Come From?
Why Does the Government Tax and Spend?
Choice &amp
Consequence: The Government Budget Constraint
Letting the Data Speak: Understanding Federal Income Tax Brackets
Letting the Data Speak: Reducing Inequality the Scandinavian Way
Taxation: Tax Incidence and Deadweight Losses
Choice &amp
Consequence: The Deadweight Loss Depends on the Tax
10.2. Regulation
Direct Regulation
10.3. Government Failures
The Direct Costs of Bureaucracies
Corruption
Underground Economy.
10.4. Equity Versus Efficiency.

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