Economics

Part 1. Introduction Chapter 1. Economics: Foundations and Models Chapter 2. Tradeoffs, Comparative Advantage, and the Market System Chapter 3. Where Prices Come From: The Interaction of Demand and Supply Chapter 4. Economic Efficiency, Government Price Setting, and Taxes Part 2. Markets in Action Chapter 5. Externalities, Environmental Policy, and Public Goods Chapter 6. Elasticity: The Responsiveness of Demand and Supply Part 3. Firms in the Domestic and International Economies Chapter 7. Firms, the Stock Market, and Corporate Governance Chapter 8. Comparative Advantage and the Gains from International Trade Part 4. Microeconomic Foundations: Consumers and Firms Chapter 9. Consumer Choice and Behavioral Economics Chapter 10. Production, Technology, and Costs Part 5. Market Structure and Firm Strategy Chapter 11. Firms in Perfectly Competitive Markets Chapter 12. Monopolistic Competition: The Competitive Model in a More Realistic Setting Chapter 13. Oligopoly: Firms in Less Competitive Markets Chapter 14. Monopoly and Antitrust Policy Chapter 15. Pricing Strategy Part 6. Markets for Factors of Production Chapter 16. The Markets for Labor and Other Factors of Production Part 7. Information, Taxes, and the Distribution of Income Chapter 17. The Economics of Information Chapter 18. Public Choice, Taxes, and the Distribution of Income Part 8. Macroeconomic Foundations and Long-Run Growth Chapter 19. GDP: Measuring Total Production and Income Chapter 20. Unemployment and Inflation Chapter 21. Economic Growth, the Financial System, and Business Cycles Chapter 22. Long-Run Growth: Sources and Policies Part 9. Short-Run Fluctuations Chapter 23. Aggregate Expenditure and Output in the Short Run Chapter 24. Aggregate Demand and Aggregate Supply Analysis Part 10. Monetary and Fiscal Policy Chapter 25. Money, Banks, and the Federal Reserve System Chapter 26. Monetary Policy Chapter 27. Fiscal Policy Chapter 28. Inflation, Unemployment, and Federal Reserve Policy Part 11. The

Glenn Hubbard policymaker, professor, and researcher. R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia's Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001--2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991--1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard's fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations. Tony O'Brien award-winning professor and researcher. Anthony Patrick O'Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of