The economic way of thinking [Thirteenth edition, Pearson new international edition] 1292026790, 1269374508, 9781292026794, 9781269374507

Table of contents :
Cover......Page 1
Table of Contents......Page 4
1. The Economic Way of Thinking......Page 6
2. Efficiency, Exchange, and Comparative Advantage......Page 25
3. Substitutes Everywhere: The Concept of Demand......Page 50
4. Cost and Choice: The Concept of Supply......Page 80
5. Supply and Demand: A Process of Coordination......Page 105
6. Unintended Consequences: More Applications of Supply and Demand......Page 131
7. Profit and Loss......Page 164
8. Price Searching......Page 192
9. Competition and Government Policy......Page 217
10. Externalities and Conflicting Rights......Page 240
11. Markets and Government......Page 266
12. Measuring the Overall Performance of Economic Systems......Page 295
13. Money......Page 326
14. Economic Performance and Real-World Politics......Page 351
15. The Wealth of Nations: Globalization and Economic Growth......Page 386
Postscripts: What Economists Know......Page 415
Glossary......Page 418
C......Page 424
E......Page 425
G......Page 426
M......Page 427
P......Page 428
R......Page 429
U......Page 430
Y......Page 431