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Economics

Economics - 7th edition

ISBN13: 978-0072854770

Cover of Economics 7TH 05 (ISBN 978-0072854770)
ISBN13: 978-0072854770
ISBN10: 0072854774
Edition: 7TH 05
Copyright: 2005
Publisher: Richard D. Irwin, Inc.
Published: 2005
International: No

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Economics - 7TH 05 edition

ISBN13: 978-0072854770

Stephen L. Slavin

ISBN13: 978-0072854770
ISBN10: 0072854774
Edition: 7TH 05
Copyright: 2005
Publisher: Richard D. Irwin, Inc.
Published: 2005
International: No
Summary

Steve Slavin's lively and comprehensive Economics student-friendly, step-by-step approach, coupled with its low price and built-in Workbook/Study Guide is very attractive to adopters. Instructors and students like the author's humorous anecdotes, direct language, and easy conversational style. The text encourages active rather than passive reading.

New to This Edition

  • Streamlined Text: Steve Slavin has streamlined the text of the 7th Edition, cutting over 100 pages while retaining all its key features. The result is that the 7th Edition is not only a smoother read, but is more relevant to today's college students.
  • Full Updates Throughout the Text: Over the last three years the economic outlook has changed radically, and the 7th Edition of Slavin addresses such major new questions confronting us as: How have 9/11, the 2001 recession, the stock market collapse, and the wars in Afghanistan and Iraq affected our economy? Was the "new economy" all that new, or just a spurt of old fashioned economic growth? How are the huge tax cuts of 2001 and 2003 affecting our economy? Are the large and growing budget and trade deficits here to stay? Why didn't large corporations develop in Islamic Middle Eastern countries the way they did in the West? How well has welfare reform worked? Will selling emissions rights help curb pollution? How widespread is corporate misconduct?
  • Micro Reorganized: The micro material has been thoroughly reorganized. Because much of the material in Chapters 20 (Cost) and 21 (Perfect Competition) overlapped, the author combined the chapters. In addition, many of the graphs in Chapter 23 (Oligopoly) were cut, and the derivation of the shut-down and break-even points in the text of Chapter 20 were placed in an advanced work box. Each paragraph and each problem was held to the same high standard: Is this material comprehendible to most college students? The result is that the micro portion of this book is even more accessible to students, and they will learn and retain more of the material.

Table of Contents

1 A BRIEF ECONOMIC HISTORY OF THE UNITED STATES

2 RESOURCE UTILIZATION

3 SUPPLY AND DEMAND

4 THE MIXED ECONOMY

5 THE HOUSEHOLD-CONSUMPTION SECTOR

6 THE BUSINESS-INVESTMENT SECTOR

7 THE GOVERNMENT SECTOR

8 THE EXPORT-IMPORT SECTOR

9 GROSS DOMESTIC PRODUCT

10 ECONOMIC FLUCTUATIONS, UNEMPLOYMENT, AND INFLATION

11 CLASSICAL AND KEYNESIAN ECONOMICS

12 FISCAL POLICY AND THE NATIONAL DEBT

13 MONEY AND BANKING

14 THE FEDERAL RESERVE AND MONETARY POLICY

15 TWENTIETH CENTURY ECONOMIC POLICY

16 ECONOMIC GROWTH AND PRODUCTIVITY

17 DEMAND, SUPPLY, AND EQUILIBRIUM

18 THE ELASTICITIES OF DEMAND AND SUPPLY

19 THE THEORY OF CONSUMER BEHAVIOR

20 COST

21 PROFIT, LOSS, AND PERFECT COMPETITION

22 MONOPOLY

23 MONOPOLISTIC COMPETITION

24 OLIGOPOLY

25 CORPORATE MERGERS AND ANTITRUST

26 DEMAND IN THE FACTOR MARKET

27 LABOR UNIONS

28 LABOR MARKETS AND WAGE RATES

29 RENT, INTEREST, AND PROFIT

30 INCOME DISTRIBUTION AND POVERTY

31 INTERNATIONAL TRADE

32 INTERNATIONAL FINANCE

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