Modern Principles of Economics

Sixth Edition

Publication Date: April 15, 2024

Paperback ISBN: 9781319544331

Pages: 960

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In line with its title, Modern Principles, Cowen and Tabarroks book remains a top seller by incorporating up-to-date theories, data, and discussion and illustrating them with contemporary examples that reflect recent economic and theoretical advancements. This approach, delivered in...
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ISBN: 9781319544331
Modern Principles of Economics


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Chapter 1 The Big Ideas
Chapter 2  The Power of Trade and Comparative Advantage
Part I Supply and Demand
Chapter 3 Supply and Demand
Chapter 4 Equilibrium
Chapter 5 Elasticity and Its Applications
Chapter 6 Taxes and Subsidies
Part II The Price System
Chapter 7 The Price System: Signals, Speculation, and Prediction
Chapter 8 Price Ceilings and Floors
Chapter 9 International Trade
Chapter 10 Externalities: When the Price is Not Right
Part III Firms and Factor Markets
Chapter 11 Costs and Profit Maximization Under Competition
Chapter 12 Competition and the Invisible Hand
Chapter 13 Monopoly
Chapter 14 Price Discrimination and Price Strategy
Chapter 15 Oligopoly and Game Theory
Chapter 16 Networks, Platforms, and the Economics of "Free Goods"
Chapter 17 Monopolistic Competition and Advertising
Chapter 18 Labor Markets
Part IV Government
Chapter 19 Public Goods and the Tragedy of the Commons
Chapter 20 Political Economy and Public Choice
Chapter 21 Economics, Ethics, and Public Policy
Part V Decision Making for Businesses, Investors, and Consumers
Chapter 22 Managing Incentives
Chapter 23 Stock Markets and Personal Finance
Chapter 24 Asymmetric Information: Moral Hazard and Adverse Selection
Chapter 25 Consumer Choice
Part VI Economic Growth
Chapter 26 GDP and the Measurement of  Progress
Chapter 27 The Wealth of Nations and  Economic Growth
Chapter 28 Growth, Capital Accumulation, and the Economics of Ideas: Catching  Up vs. the Cutting Edge .
Chapter 29 Saving, Investment, and the  Financial System
Part VII Business Fluctuations
Chapter 30 Unemployment and Labor Force Participation
Chapter 31 Inflation and the Quantity Theory of Money
Chapter 32 Business Fluctuations: Aggregate Demand and Supply
Chapter 33 Transmission and Amplification Mechanisms
Part VIII Macroeconomic Policy and Institutions
Chapter 34 The Federal Reserve System and Open Market Operations
Chapter 35 Monetary Policy
Chapter 36 The Federal Budget: Taxes and Spending
Chapter 37 Fiscal Policy
Part IX   International Economics
Chapter 38 International Finance

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Tyler Cowen; Alex Tabarrok | Sixth Edition | ©2024 | ISBN:9781319482787

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