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Economics

Economics - 7th edition

ISBN13: 978-0324236620

Cover of Economics 7TH 05 (ISBN 978-0324236620)
ISBN13: 978-0324236620
ISBN10: 032423662X
Cover type:
Edition/Copyright: 7TH 05
Publisher: South-Western Publishing Co.
Published: 2005
International: No

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Economics - 7TH 05 edition

ISBN13: 978-0324236620

Roger A. Arnold

ISBN13: 978-0324236620
ISBN10: 032423662X
Cover type:
Edition/Copyright: 7TH 05
Publisher: South-Western Publishing Co.

Published: 2005
International: No
Summary

Offering a unique blend of solid theoretical content and student accessibility, this book stands apart with its emphasis on intriguing applications that convey the prevalence of economics in everyday life. By applying economics to phenomenon that readers are familiar with and interested in, this book demonstrates like no other text how economic analysis can be applied to virtually anything of interest, thus helping the reader develop true economic intuition. Additional features include a unique active-learning format, an emphasis on developing economic analysis skills, and an outstanding visual program for exhibits and graphs. Content highlights include balanced presentation of major macro theories; a micro presentation that centers around the trilogy of objectives, constraints, and choices; thorough integration of international topics; and fully-integrated Internet features that offer hands-on exercises foe exploring economics on-line. Economics, 5e is also available in micro and macro paperback splits.

Table of Contents

AN INTRODUCTION TO ECONOMICS.

Part 1: ECONOMICS: THE SCIENCE OF SCARCITY.

1. What Economics is About.
Appendix A: Working with Diagrams.
Appendix B: Should You Major in Economics?
2. Economic Activities: Producing and Trading.
3. Supply and Demand: Theory.
4. Supply and Demand: Practice.
Economics in Perspective: Musical Notes, Economic Notes.

MACROECONOMICS.

Part 2: MACROECONOMIC FUNDAMENTALS.

5. Macroeconomic Measurements, Part I: Prices and Unemployment.
6. Macroeconomic Measurements, Part II: GDP and Real GDP.
Economics in Perspective: The Stories Behind the Numbers.

Part 3: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY.

7. Aggregate Demand and Aggregate Supply.
8. The Self-Regulating Economy.
9. Economic Instability: A Critique of the Self-Regulating Economy.
10. The Federal Budget and Fiscal Policy.

Part 4: MONEY, THE ECONOMY, AND MONETARY POLICY.

11. Money and Banking.
12. The Federal Reserve System.
13. Money and the Economy.
14. Monetary Policy.

Part 5: EXPECTATIONS AND GROWTH.

15. Expectations Theory and the Economy.
16. Economic Growth: Resources, Technology, and Ideas.
Economics in Perspective: Debates in Macroeconomics.

MICROECONOMICS.

Part 6: MICROECONOMIC FUNDAMENTALS.

17. Elasticity.
18. Consumer Choice: Maximizing Utility and Behavioral Economics.
Appendix C: Budget Constraint and Indifference Curve Analysis.
19. The Firm.
20. Production and Costs.

Part 7: PRODUCT MARKET AND POLICIES.

21. Perfect Competition.
22. Monopoly.
23. Monopolistic Competition, Oligopoly, and Game Theory.
24. Government and Product Markets: Antitrust and Regulation.

Part 8: FACTOR MARKETS AND RELATED ISSUES.

25. Factor Markets: With Emphasis on the Labor Market.
26. Wages, Unions, and Labor.
27. The Distribution of Income and Poverty.
28. Interest, Rent, and Profit.

Part 9: MARKET FAILURE AND PUBLIC CHOICE.

29. Market Failure: Externalities, Public Goods, and Asymmetric Information.
30. Public Choice: Economic Theory Applied to Politics.

THE WORLD ECONOMY.

Part 10: INTERNATIONAL ECONOMICS: THEORY AND POLICY.

32. International Trade.
33. International Finance.

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Economics - 8th edition

ISBN13: 978-0324538014
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