Summary: Contemporary Economics provides solid coverage of fundamental economic topics. Concentrating on the NCEE (National Council on Economic Education) standards, the text moves students from the basic question of "What Is Economics?" through clear and visual explanations of demand, supply, market equilibrium, decision making, market institutions, the national economy, government's role, public policy, and the international economy. This brand new high school ins
tructional package combines comprehensive economic content, sound instructional design, and extensive print and media teaching tools.
Summary: Contemporary Economics provides solid coverage of fundamental economic topics. Concentrating on the NCEE (National Council on Economic Education) standards, the text moves students from the basic question of "What Is Economics?" through clear and visual explanations of demand, supply, market equilibrium, decision making, market institutions, the national economy, government's role, public policy, and the international economy. This brand new high school instructional package combines comprehensive economic content, sound instructional design, and extensive print and media teaching tools. ...show less
Edition/Copyright:05 Cover: Hardback Publisher:South-Western Publishing Co. Year Published: 2005 International: No
View Table of Contents
UNIT 1 INTRODUCTION TO ECONOMICS
Chapter 1 What Is Economics?
1.1 The Economic Problem 1.2 Economic Theory 1.3 Opportunity Cost and Choice
Chapter 2 Economic Systems and Economic Tools
2.1 Economic Questions and Economic Systems 2.2 Production Possibilities Frontier 2.3 Comparative Advantage
Chapter 3 U.S. Private and Public Sectors
3.1 The U.S. Private Sector 3.2 Regulating the Private Sector 3.3 Public Goods and Externalities 3.4 Providing a Safety Net
UNIT 2 THE MARKET ECONOMY
Chapter 4 Demand
4.1 The Demand Curve 4.2 Elasticity of Demand 4.3 Changes in Demand
Chapter 5 Supply
5.1 The Supply Curve 5.2 Shifts of the Supply Curve 5.3 Production and Cost
Chapter 6 Market Forces
6.1 Price, Quantity, and Market Equilibrium 6.2 Shifts of Demand and Supply Curves 6.3 Market Efficiency and Gains from Exchange
Chapter 7 Market Structure
7.1 Perfect Competition and Monopoly 7.2 Monopolistic Competition and Oligopoly 7.3 Antitrust, Economic Regulation, and Competition
UNIT 3 MARKET INSTITUTIONS
Chapter 8 Businesses
8.1 Entrepreneurs 8.2 Sole Proprietorships and Partnerships 8.3 Corporations and Other Organizations
Chapter 9 Labor Markets
9.1 Demand and Supply of Resources 9.2 Wage Determination 9.3 Labor Unions
Chapter 10 Financial Markets and Business Growth
10.1 Production, Consumption, and Time 10.2 Banks, Interest, and Corporate Finance 10.3 Business Growth
UNIT 4 THE NATIONAL ECONOMY
Chapter 11 Economic Performance
11.1 Gross Domestic Product 11.2 Limitations of GDP Estimation 11.3 Business Cycles 11.4 Aggregate Demand and Aggregate Supply
Chapter 12 Economic Growth
12.1 Investment in Human and Physical Capital 12.2 Labor Productivity and Living Standards 12.3 Technological Change
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