Title
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Business Economics
Contributor
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Sandra Wellman
Description
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This book is a cloned version of Principles of Economics by [Author removed at request of original publisher], published using Pressbooks by University of Minnesota Libraries Publishing edition, 2016. It is intended for a two-semester course in Economics taught out of the social sciences or business school. The authors take a three-pronged approach to every chapter: The concept is covered with a “Heads Up” to ward off confusion, a real-world application for that concept, and a “You Try It” section to make sure students are staying on top of the concept.
Table Of Contents
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Chapter 1 - Economics: The Study of Choice
1.1 Defining Economics
1.2 The Field of Economics
1.3 The Economists' Tool Kit
Chapter 2: Confronting Scarcity: Choices in Production
2.1 Factors of Production
2.2 The Production Possibilities Curve
2.3 Applications of the Production Possibilities Model
2.4 Review and Practice
Chapter 3: Demand and Supply
3.1 Demand
3.2 Supply
3.3 Demand, Supply, and Equilibrium
3.4 Review and Practice
Chapter 4: Applications of Demand and Supply
4.1 Putting Demand and Supply to Work
4.2 Government Intervention in Market Prices: Price Floors and Price Ceilings
4.3 Review and Practice
Chapter 5: Macroeconomics: The Big Picture
5.1 Growth of Real GDP and Business Cycles
5.2 Price-Level Changes
5.3 Unemployment
5.4 Review and Practice
Chapter 6: Measuring Total Output and Income
6.1 Measuring Total Output
6.2 Measuring Total Income
6.3 GDP and Economic Well-being
6.4 Review and Practice
Chapter 7: Aggregate Demand and Aggregate Supply
7.1 Aggregate Demand
7.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run
7.3. Recessionary and Inflationary Gaps and Long-Run Macroeconomics Equilibrium
7.4. Review and Practice
Chapter 8: Economic Growth
8.1 The Significance of Economic Growth
8.2 Growth and the Long-Run Aggregate Supply Curve
8.3 Determinants of Economic Growth
8.4 Review and Practice
Chapter 9: The Nature and Creation of Money
9.2 Measures of the Canadian Money Supply
9.2 Money Created by Banks
9.3 Banking in Canada Today
9.5 The Monetary Base and the Money Supply
9.6 Review and Practice
Chapter 10: Financial Markets and the Economy
10.1 Demand, Supply, and Equilibrium in the Money Market
10.2 Money Market Equilibrium
10.3. Review and Practice
Chapter 11: Government and Fiscal Policy
11.1 Government and the Economy
11.2 The Use of Fiscal Policy to Stabilize the Economy
11.3 Issues in Fiscal Policy
11.4 Review and Practice
1.1 Defining Economics
1.2 The Field of Economics
1.3 The Economists' Tool Kit
Chapter 2: Confronting Scarcity: Choices in Production
2.1 Factors of Production
2.2 The Production Possibilities Curve
2.3 Applications of the Production Possibilities Model
2.4 Review and Practice
Chapter 3: Demand and Supply
3.1 Demand
3.2 Supply
3.3 Demand, Supply, and Equilibrium
3.4 Review and Practice
Chapter 4: Applications of Demand and Supply
4.1 Putting Demand and Supply to Work
4.2 Government Intervention in Market Prices: Price Floors and Price Ceilings
4.3 Review and Practice
Chapter 5: Macroeconomics: The Big Picture
5.1 Growth of Real GDP and Business Cycles
5.2 Price-Level Changes
5.3 Unemployment
5.4 Review and Practice
Chapter 6: Measuring Total Output and Income
6.1 Measuring Total Output
6.2 Measuring Total Income
6.3 GDP and Economic Well-being
6.4 Review and Practice
Chapter 7: Aggregate Demand and Aggregate Supply
7.1 Aggregate Demand
7.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run
7.3. Recessionary and Inflationary Gaps and Long-Run Macroeconomics Equilibrium
7.4. Review and Practice
Chapter 8: Economic Growth
8.1 The Significance of Economic Growth
8.2 Growth and the Long-Run Aggregate Supply Curve
8.3 Determinants of Economic Growth
8.4 Review and Practice
Chapter 9: The Nature and Creation of Money
9.2 Measures of the Canadian Money Supply
9.2 Money Created by Banks
9.3 Banking in Canada Today
9.5 The Monetary Base and the Money Supply
9.6 Review and Practice
Chapter 10: Financial Markets and the Economy
10.1 Demand, Supply, and Equilibrium in the Money Market
10.2 Money Market Equilibrium
10.3. Review and Practice
Chapter 11: Government and Fiscal Policy
11.1 Government and the Economy
11.2 The Use of Fiscal Policy to Stabilize the Economy
11.3 Issues in Fiscal Policy
11.4 Review and Practice
Subject
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Business
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Economics
School / Program
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Seneca Business
Course
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BUS400
Publisher
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Toronto: Seneca Open Textbook Project
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University of Minnesota Libraries Publishing edition, 2016 (original version)
Format
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PDF
Language
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English
Access Restrictions
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Open Access