Hubbard & O'Brien motivate the study of economics through real business examples. The book motivates users by demonstrating how real business uses economics to make real decisions on a daily basis. Covers the different Market Structures in an intuitive fashion so that readers of all backgrounds and fields can grasp the importance and flow of these concepts. Chapter opening cases, examples and figures motivate the economic principles covered, while Solved Problems provide models of how to solve an economic problem — keeping readers focused on the main ideas of each chapter, and preventing them from getting bogged down due to a lack of basic math or "word problem" skills. In-depth coverage of economics with particular focus on Perfect Competition, Monopolistic Competition, Oligopoly and extensive coverage of game theory, Monopoly Economic Efficiency, Government Price Setting, and Taxes, Aggregate Demand and Aggregate Supply Analysis. MARKET: For anyone in business who wants to benefit from understanding the economic forces behind their work.
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Book Description
Editorial Reviews
From the Back Cover
Where are you headed?
No matter what your career, you will need to understand how economic forces affect you and your work.
Hubbard/O’Brien, Economics, gives you the motivation and the tools to understand those forces.
You’re on your way.
--This text refers to an out of print or unavailable edition of this title.
About the Author
Glenn Hubbard policymaker, professor, and researcher.
R.Glenn Hubbard is the Dean and Russell L. Carson Professor of Finance and Economics in the Graduate School of Business at Columbia University and Professor of Economics in Columbia’s Faculty of Arts and Sciences. He is also a research associate of the National Bureau of Economic Research and a director of Automatic Data Processing, Black Rock Closed-End Funds, Dex Media, Duke Realty, KKR Financial Corporation, and Ripplewood Holdings. He received his Ph.D. in economics from Harvard University in 1983. From 2001–2003, he served as Chairman of the White House Council of Economic Advisers, and from 1991–1993, he was Deputy Assistant Secretary of the U.S. Treasury Department. Glenn Hubbard’s fields of specialization are public economics, financial markets and institutions, corporate finance, macroeconomics, industrial organization, and public policy. He is the author of more than 90 articles in leading journals, including the American Economic Review, Journal of Finance, Journal of Financial Economics, Journal of Political Economy, Journal of Public Economics, Quarterly Journal of Economics, RAND Journal of Economics, and Review of Economics and Statistics. His research has been supported by grants from the National Science Foundation, the National Bureau of Economic Research, and numerous private foundations.
Tony O’Brien award-winning professor and researcher.
Anthony Patrick O’Brien is a professor of economics at Lehigh University. He received his Ph.D. from the University of California, Berkeley, in 1987. He has taught principles of economics for more than 15 years, in both large sections and small honors classes. He received the Lehigh University Award for Distinguished Teaching. He was formerly the director of the Diamond Center for Economic Education and was named a Dana Foundation Faculty Fellow and Lehigh Class of 1961 Professor of Economics. He has been a visiting professor at the University of California, Santa Barbara, and the Graduate School of Industrial Administration at Carnegie Mellon University. Anthony O’Brien’s research has dealt with such issues as the evolution of the U.S. automobile industry, the sources of U.S. economic competitiveness, the development of U.S. trade policy, the causes of the Great Depression, and the causes of black–white income differences. His research has been published in leading journals, including the American Economic Review, the Quarterly Journal of Economics, the Journal of Money, Credit, and Banking, Industrial Relations, and the Journal of Economic History. His research has been supported by grants from government agencies and private foundations. In addition to teaching and writing, Anthony O’Brien also serves on the editorial board of the Journal of Socio-economics.
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Most Helpful Customer Reviews
5 of 5 people found the following review helpful:
5.0 out of 5 stars
Great book,
By Frances (Columbia University) - See all my reviews
This review is from: Economics (Hardcover)
Easy to understand but still delves into complex concepts. I loved the examples that the author uses, so the point where sometimes when studying I would get distracted by anecdotes and start reading all the way through totally engrossed. It is very interesting. ...Too bad I screwed up the class anyways... took too many courses.
1 of 1 people found the following review helpful:
5.0 out of 5 stars
Great,
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Amazon Verified Purchase(What's this?)
This review is from: Economics, Updated Edition (2nd Edition) (Hardcover)
Ahh this book has come very much in handy this semester, my professor doesn't always go into the very very deep details, but luckily I have this to fall back on, and its great! I recieved it very quickly, very good service on the seller's part.
3 of 4 people found the following review helpful:
4.0 out of 5 stars
Useful book, though definitely pro-free market,
By MZ "MZ" (Washington, DC) - See all my reviews
Amazon Verified Purchase(What's this?)
This review is from: Economics, Updated Edition (2nd Edition) (Hardcover)
If you're looking to learn the basics of economics, this is a very good book. Having said that, the book is written by a well-known defender of the free market, so one can detect the pro-capitalist bias throughout the book. Also, if you're interested in lifting weights, you can do that too with this book. It's huge!
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microeconomic foundations, less competitive markets, monopolistic competition, doing related problem, government purchases multiplier, aggregate expenditure model, aggregate supply graph, fewer ovens, dollars per pizza, inelastic between point, decreasing government purchases, planned aggregate expenditure, slices per week, basic aggregate demand, aggregate supply analysis, dynamic aggregate demand, current exchange rate system, competition from substitute goods, dollars per slice, aggregate supply model, real aggregate expenditure, cost curve graph, planned investment spending, actual investment spending, par exchange rate Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Solved Problem, Review Questions, Making The Connection, Federal Reserve, Wall Street Journal, Don't Let This Happen, End Learning Objective, Farmer Parker, South Korea, New York City, New York Times, World War, United Kingdom, Distribution of Income, Time Warner, Bretton Woods, Key Points, Social Security, General Motors, Analyzing the News, Big Mac, Soviet Union, Farmer Moreno, Dow Jones Browse Sample Pages:
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