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Basic Economics

Basic Economics - 11th edition

ISBN13: 978-0538868761

Cover of Basic Economics 11TH 98 (ISBN 978-0538868761)
ISBN13: 978-0538868761
ISBN10: 0538868767
Cover type:
Edition: 11TH 98
Copyright: 1998
Publisher: South-Western Publishing Co.
Published: 1998
International: No

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Basic Economics - 11TH 98 edition

ISBN13: 978-0538868761

Frank V. Mastrianna

ISBN13: 978-0538868761
ISBN10: 0538868767
Cover type:
Edition: 11TH 98
Copyright: 1998
Publisher: South-Western Publishing Co.
Published: 1998
International: No
Summary

This text is ideal for a one-term survey course in Economics geared towards students in liberal arts, business, preprofessional, teacher education, agricultural, and other programs who will take only once course in economics. It combines both macro and microeconomic topics in a streamlined, 19-chapter format that can be easily covered in one semester or quarter.

  • Thoroughly revised: careful attention has been paid to making the subject matter more readable for students.
  • Entirely new chapter on Income Distribution (Chapter 14).
  • Learning Objectives have been rewritten to fit updated content and focus student attention on important areas of emphasis.
  • "NetLink" Internet links in every chapter provide students with the opportunity to explore World Wide Web sites that contain additional information on specific topics.
  • Figures, tables, and statistics have been updated.
  • Graphs and vocabulary have been simplified to improve overall clarity.
  • Key terms and their definitions are boldfaced to indicate their importance and appear in the margins as well as in the glossary at the end of the book.

Author Bio

Mastrianna, Frank : Slippery Rock University of Pennsylvania

Hailstones, Thomas :

Table of Contents

1. The Nature and Scope of Economics.

2. Scarcity and Choice.

3 The U.S. Economic System.

4. The Circular Flow Model.

5. Price: The Role of Demand and Supply.

6. Production, Cost, and Profit.

7. Perfect Competition.

8. Imperfect Competition.

9. Money in the U.S. Economy.

10. The Federal Reserve and the Money Supply.

11. Measuring Output and Income in the United States.

12. Macroeconomic Models and Analysis.

13. Employment.

14. Income Distribution.

15. Business Cycles.

16. Macroeconomic Policies.

17. Taxation, Budgetary Policies and the National Debt.

18. International Trade and Aid.

19. The Balance of International Payments.

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