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  <title><![CDATA[Essential Foundations of Economics (4th Edition)]]></title>
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  <default_description>&lt;DIV sercontent&gt;&lt;B&gt;&lt;/B&gt; Economics is a subject you &lt;I&gt;learn by doing. &lt;/I&gt;&lt;B&gt;Essential Foundations of Economics &lt;/B&gt;breaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers to &lt;I&gt;use&lt;/I&gt; economics in their lives, regardless of what their future career will be.&lt;BR&gt;&lt;BR&gt;&lt;B&gt;&lt;/B&gt; &lt;B&gt;Introduction: &lt;/B&gt;Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply. &lt;B&gt;A Closer Look at Markets: &lt;/B&gt;Elasticities of Demand and Supply; Efficiency and Fairness of Markets; Markets in Action; Global Markets in Action. &lt;B&gt;Prices, Profits, and Industry Performance: &lt;/B&gt;Externalities; Production and Cost; Perfect Competition; Monopoly; Monopolistic Competition and Oligopoly. &lt;B&gt;Monitoring the Macroeconomy: &lt;/B&gt;GDP and the Standard of Living; The CPI and the Cost of Living; Jobs and Unemployment. &lt;B&gt;Understanding the Macroeconomy: &lt;/B&gt;Potential GDP and Economic Growth; The Monetary System; &lt;I&gt;AS-AD &lt;/I&gt;and the Business Cycle; Fiscal Policy and Monetary Policy.&lt;BR&gt;&lt;BR&gt;&lt;B&gt;&lt;/B&gt; For all readers interested in economics. &lt;/DIV&gt;</default_description>
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  <original_publication_month type="integer">3</original_publication_month>
  <original_publication_year type="integer">2008</original_publication_year>
  <original_title>Essential Foundations of Economics (4th Edition)</original_title>
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      <name><![CDATA[Michael Parkin]]></name>
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