Skip to Main Content
Our Privacy Notice has been updated to explain how we use cookies, which you accept by continuing to use this website. To withdraw your consent, see Your Choices.
  • Instructor Catalog
  • Student Store
  • United States StoreUnited States
Student Store Student Store
    • I'M AN INSTRUCTOR

    • I'M A STUDENT
  • Help
  • search

    Find what you need to succeed.

    search icon
  • Shopping Cart
    0
    • United States StoreUnited States
  • Who We Are

    Who We Are

    back
    • Who We Are
  • Student Benefits

    Student Benefits

    back
    • Rent and Save
    • Flexible Formats
    • College Quest Blog
  • Discipline

    Discipline

    back
    • Astronomy Biochemistry Biology Chemistry College Success Communication Economics Electrical Engineering English Environmental Science Geography Geology History Mathematics Music & Theater Nutrition and Health Philosophy & Religion Physics Psychology Sociology Statistics Value
  • Digital Products

    Digital Products

    back
    • Achieve
    • Sapling
    • SaplingPlus
    • LaunchPad
    • LaunchPad Solo
    • E-books
    • Student Response System (iClicker and REEF)
    • FlipIt
    • WebAssign
    • Writer's Help
  • Support

    Support

    back
    • Get Help
    • Rental Returns
    • Student Options Explained
    • Support Community
Modern Principles of Economics by Tyler Cowen; Alex Tabarrok - Fourth Edition, 2018 from Macmillan Student Store
Rental FAQs

Modern Principles of Economics

Fourth  Edition|©2018  New Edition Available Tyler Cowen; Alex Tabarrok

  • Format
  • Packages
E-book from C$97.99

ISBN:9781319108700

Bookmark, search, and highlight our mobile-friendly reflowable e-books.

C$97.99
Subscribe until 08/30/2021

C$125.99
Sapling Plus C$99.99

ISBN:9781319251369

Get the e-book, do your homework online, and more.

C$99.99
Subscribe until 09/03/2021

You will need to find your course in order to purchase Sapling.

A grace period may be available for this course.

Visit Sapling to find out.

Loose-Leaf C$152.99

ISBN:9781319108731

Save money with our loose, 3-hole punched pages.

C$152.99
Hardcover from C$38.99

ISBN:9781319098728

Read and study old-school with our bound texts.

C$38.99
Rent until 06/04/2021

Includes eBook Trial Access

(14-day)


C$45.99
Rent until 07/14/2021

Includes eBook Trial Access

(14-day)


C$54.99
Rent until 09/02/2021

Includes eBook Trial Access

(14-day)


C$88.99
Rent until 03/01/2022

Includes eBook Trial Access

(14-day)


C$184.99

Includes eBook Trial Access

(14-day)

Hardcover + FlipIt for Survey of Economics (Six Months Online) from C$117.99

ISBN:9781319196455

This package includes FlipIt and Hardcover.

C$117.99
Rent until 07/14/2021

Includes eBook Trial Access

(14-day)


C$183.99

Includes eBook Trial Access

(14-day)

Loose-Leaf + FlipIt for Survey of Economics (Six Months Online) C$137.99

ISBN:9781319196042

This package includes FlipIt and Loose-Leaf.

C$137.99
  • About
  • Digital Options
  • Contents
  • Authors

About

Using vivid examples that quickly get to the point, Modern Principles of Economics engages you in a way that makes it easier to retain important information. Working toward developing your economic way of thinking, the authors focus on modern content and modern delivery, teaching economics in a way that makes it more memorable for you.

Digital Options

E-book

Read online (or offline) with all the highlighting and notetaking tools you need to be successful in this course.

Learn More

Sapling Learning Plus

Get the e-book, do your homework onine, try some quizzes, and more!

Learn More

FlipIt

Prepare for in-class discussions with short, pre-lecture videos and quizzes to check your understanding.

Learn More

Contents

Table of Contents

Preface
1. The Big Ideas in Economics
2. The Power of Trade and Comparative Advantage
 
Part 1: Supply and Demand

3. Supply and Demand
4. Equilibrium: How Supply and Demand Determine Prices
5. Elasticity and Its Applications
6. Taxes and Subsidies
 
Part 2: The Price System
7. The Price System: Signals, Speculation, and Prediction
8. Price Ceilings and Floors
9. International Trade
10. Externalities: When the Price Is Not Right
 
Part 3: Firms and Factor Markets
11. Costs and Profit Maximization under Competition
12. Competition and the Invisible Hand
13. Monopoly
14. Price Discrimination and Pricing Strategy
15. Oligopoly and Game Theory
16. Competing for Monopoly: The Economics of Network Goods
17. Monopolistic Competition and Advertising
18. Labor Markets
 
Part 4: Government
19. Public Goods and the Tragedy of the Commons
20. Political Economy and Public Choice
21. Economics, Ethics, and Public Policy
 
Part 5: Decision Making for Businesses, Investors, and Consumers
22. Managing Incentives
23. Stock Markets and Personal Finance
24. Asymmetric Information: Moral Hazard and Adverse Selection
25 Consumer Choice
 
Part 6: Economic Growth
26 GDP and the Measurement of Progress
27 The Wealth of Nations and Economic Growth
28 Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge
29 Saving, Investment, and the Financial System
 
Part 7: Business Fluctuations
30 Unemployment and Labor Force Participation
31 Inflation and the Quantity Theory of Money
3. Business Fluctuations: Aggregate Demand and Supply
33. Transmission and Amplification Mechanisms
 
Part 8: Macroeconomic Policy and Institutions
34. The Federal Reserve System and Open Market Operations
35. Monetary Policy
36. The Federal Budget: Taxes and Spending
37. Fiscal Policy
 
Part 9: International Economics
38 International Finance
 
APPENDIX A Reading Graphs and Making Graphs
APPENDIX B Solutions to Check Yourself
Glossary G-1
References R-1
Index I-1

Authors

Tyler Cowen

Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly.  University web page: http://economics.gmu.edu/faculty/tcowen.html WATCH: Tyler Cowen at the Economic Bloggers Forum.


Alex Tabarrok

Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.


See the Invisible Hand. Understand Your World.

Using vivid examples that quickly get to the point, Modern Principles of Economics engages you in a way that makes it easier to retain important information. Working toward developing your economic way of thinking, the authors focus on modern content and modern delivery, teaching economics in a way that makes it more memorable for you.

E-book

Read online (or offline) with all the highlighting and notetaking tools you need to be successful in this course.

Learn More

Sapling Learning Plus

Get the e-book, do your homework onine, try some quizzes, and more!

Learn More

FlipIt

Prepare for in-class discussions with short, pre-lecture videos and quizzes to check your understanding.

Learn More

Table of Contents

Preface
1. The Big Ideas in Economics
2. The Power of Trade and Comparative Advantage
 
Part 1: Supply and Demand

3. Supply and Demand
4. Equilibrium: How Supply and Demand Determine Prices
5. Elasticity and Its Applications
6. Taxes and Subsidies
 
Part 2: The Price System
7. The Price System: Signals, Speculation, and Prediction
8. Price Ceilings and Floors
9. International Trade
10. Externalities: When the Price Is Not Right
 
Part 3: Firms and Factor Markets
11. Costs and Profit Maximization under Competition
12. Competition and the Invisible Hand
13. Monopoly
14. Price Discrimination and Pricing Strategy
15. Oligopoly and Game Theory
16. Competing for Monopoly: The Economics of Network Goods
17. Monopolistic Competition and Advertising
18. Labor Markets
 
Part 4: Government
19. Public Goods and the Tragedy of the Commons
20. Political Economy and Public Choice
21. Economics, Ethics, and Public Policy
 
Part 5: Decision Making for Businesses, Investors, and Consumers
22. Managing Incentives
23. Stock Markets and Personal Finance
24. Asymmetric Information: Moral Hazard and Adverse Selection
25 Consumer Choice
 
Part 6: Economic Growth
26 GDP and the Measurement of Progress
27 The Wealth of Nations and Economic Growth
28 Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge
29 Saving, Investment, and the Financial System
 
Part 7: Business Fluctuations
30 Unemployment and Labor Force Participation
31 Inflation and the Quantity Theory of Money
3. Business Fluctuations: Aggregate Demand and Supply
33. Transmission and Amplification Mechanisms
 
Part 8: Macroeconomic Policy and Institutions
34. The Federal Reserve System and Open Market Operations
35. Monetary Policy
36. The Federal Budget: Taxes and Spending
37. Fiscal Policy
 
Part 9: International Economics
38 International Finance
 
APPENDIX A Reading Graphs and Making Graphs
APPENDIX B Solutions to Check Yourself
Glossary G-1
References R-1
Index I-1

Tyler Cowen

Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly.  University web page: http://economics.gmu.edu/faculty/tcowen.html WATCH: Tyler Cowen at the Economic Bloggers Forum.


Alex Tabarrok

Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.


Related Titles

Find Your School

Select Your Discipline

Select Your Course

search icon
No schools matching your search criteria were found !
No active courses are available for this school.
No active courses are available for this discipline.
Can't find your course?

Find Your Course

Confirm Your Course

Enter the course ID provided by your instructor
search icon

Find Your School

Select Your Course

No schools matching your search criteria were found.
(Optional)
Select Your Course
No Courses found for your selection.
  • macmillanlearning.com
  • // Privacy Notice
  • // Ads & Cookies
  • // Terms of Purchase/Rental
  • // Terms of Use
  • // Piracy
  • // Products
  • // Site Map
  • macmillan learning facebook
  • macmillan learning twitter
  • macmillan learning youtube
  • macmillan learning linkedin
  • macmillan learning linkedin
We are processing your request. Please wait...