Principles of Economics
Custom Version 2.0.7
By Libby Rittenberg and Timothy Tregarthen
Terry Monson
Included Supplements
Key Features
Teaching Principles of Economics? Flat World gives faculty the open license and tools to easily personalize textbooks online. Change words, move chapters -- now a textbook by expert authors precisely fits your syllabus, all at a fair price for your students.
Students
This book is intended for a two-semester course in economics taught out of the social sciences or business school.
Flat World Knowledge is thrilled to publish a re-launch of Tim Tregarthen’s acclaimed Principles of Economics book. In 1996, Tim published the first edition of his Principles of Economics textbook to great acclaim. That same year, MS made him wheelchair-bound and forced his retirement from teaching at the University of Colorado at Colorado Springs in 1998. He lost the use of his arms in 2001 and has been quadriplegic ever since. Tim never let his disease get him down. He obtained a voice-activated computer, recruited a co-author, Libby Rittenberg of Colorado College, and turned his attention to revising his Principles of Economics.
Accessible, three-pronged approach
Tim and Libby provide students with an accessible, straightforward overview of economics. This text combines the clarity and writing of Tregarthen's seminal periodical "The Margin" with great teaching insights. Listen to a podcast here of Libby discussing her textbook to gain perspective on her and Tim's text.
The authors take a three-pronged approach to every concept:
- Each concept is covered with a ”Heads Up“ to ward off confusion
- A ”You Try It“ section makes sure students are staying on top of the concept
- A ”Case and Point“ section that uses a real-world application to harness the concept in reality.
What's new in 2.0
The macro chapters thoroughly incorporate the recent recession and recovery— placing it in historical and theoretical context and not shying away from the controversies surrounding how government responded to it.
In the micro chapters, all the time-sensitive data has been updated, along with over half of all the "Start Ups" and "Case and Point" applications being brand new or updated.
Online assessment
Interested in an online assessment tool for Principles of Economics? We have that...and it is called FLYX! Watch here this demonstration for more information on FLYX Online Learning and Assessment.
- About the Authors
- Acknowledgments
- Preface
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Chapter 1: Economics: The Study of Choice
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Chapter 2: Confronting Scarcity: Choices in Production
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Chapter 3: Demand and Supply
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Chapter 4: Applications of Demand and Supply
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Chapter 5: Elasticity: A Measure of Response
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Chapter 6: Markets, Maximizers, and Efficiency
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Chapter 7: The Analysis of Consumer Choice
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Chapter 8: Production and Cost
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Chapter 9: Competitive Markets for Goods and Services
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Chapter 10: Monopoly
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Chapter 11: The World of Imperfect Competition
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Chapter 12: Wages and Employment in Perfect Competition
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Chapter 13: Interest Rates and the Markets for Capital and Natural Resources
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Chapter 14: Antitrust Policy and Business Regulation
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Chapter 15: Macroeconomics: The Big Picture
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Chapter 16: Measuring Total Output and Income
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Chapter 17: Aggregate Demand and Aggregate Supply
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Chapter 18: Economic Growth
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Chapter 19: Consumption and the Aggregate Expenditures Model
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Chapter 20: Investment and Economic Activity
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Chapter 21: Government and Fiscal Policy
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Chapter 22: Net Exports and International Finance
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Chapter 23: The Nature and Creation of Money
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Chapter 24: Financial Markets and the Economy
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Chapter 25: Monetary Policy and the Fed
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Chapter 26: Inflation and Unemployment
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Chapter 27: A Brief History of Macroeconomic Thought and Policy
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Appendix A: Appendix A: Graphs in Economics
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Appendix B: Appendix B: Extensions of the Aggregate Expenditures Model
Instructor’s Manual
The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.
PowerPoint Lecture Notes
A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole.
Solutions Manual
For exercises that need a little more explanation, our Solutions Manual will take you step by step through solving the problem and offer explanations on the answer.
Test Item File
Need assistance in supplementing your quizzes and tests? Our test-item files (in Word format) contain many multiple-choice, fill-in-the-blank, and short-answer questions.
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