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Economics Today : Complete

Economics Today : Complete - 12th edition

ISBN13: 978-0321200525

Cover of Economics Today : Complete 12TH 04 (ISBN 978-0321200525)
ISBN13: 978-0321200525
ISBN10: 0321200527
Cover type: Hardback
Edition/Copyright: 12TH 04
Publisher: Addison-Wesley Longman, Inc.
Published: 2004
International: No

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Economics Today : Complete - 12TH 04 edition

ISBN13: 978-0321200525

Roger Miller

ISBN13: 978-0321200525
ISBN10: 0321200527
Cover type: Hardback
Edition/Copyright: 12TH 04
Publisher: Addison-Wesley Longman, Inc.

Published: 2004
International: No
Summary

Economics Today has long led the field in offering students and instructors a dynamic, application-rich approach to teaching and learning economics. The book is based on the belief that students learn more when they are involved and engaged. The 12th edition features all new examples that have been selected to grab and hold students' attention. These examples serve one basic purpose--to drive home the application of the theory just presented.

One of the keys to the success of Economics Today is that it is suitable for many teaching styles. Instructors who wish to stress theory can do so. Those who wish to stress applications and examples can do that. Those who wish to incorporate technology into the class can do so with ease using MyEconLab.

Features

  • Applied, action-packed, and example-rich presentation.
  • Aims to grab and hold the student's attention with lots of examples, including policy and international examples.
  • Over 25 domestic and international policy examples provide students with a well rounded perspective.
  • Over 35 international examples emphasize interconnections of today's global economy.
  • Over 25 new E-commerce examples explore impact of advances in information technology.
  • More than 40 thought-provoking and relevant examples highlight U.S. current events and demonstrate economic principles.
  • MyEconLab aggregates robust multimedia resources with powerful engine of CourseCompass to create a powerful online environment for both student and instructor.

New To This Edition

  • Expanded coverage of public economics in the new Chapter 6 highlights timely issues such as the school voucher debate and Medicare and Social Security programs.
  • New capstone macroeconomics policy chapters on stabilization policy and growth (new Chapters 17 and 18!).
  • Coverage of rent, interest, and profits has been reorganized into discussion of Global Financial Environment of Business (Chapter 21).
  • New full-chapter treatment of Monopolistic Competition and Oligopoly (Chapters 25 and 26).
  • New discussions of bundling and information in Chapter 25 on Monopolistic Competition.
  • Heavily revised coverage of Regulation & Antitrust in Chapter 27.
  • Every chapter-ending Issues and Applications feature includes new suggested Web-based research projects and group exercises relating to the topics.
  • New Test Bank 3 with over 3,000 questions.

Table of Contents

I. INTRODUCTION.

1. The Nature of Economics.
2. Scarcity and the World of Trade-Offs.
3. Demand and Supply.
4. Extensions of Demand and Supply Analysis.
5. The Public Sector and Public Choice.
6. Taxes, Transfers, and Public spending.

II. INTRODUCTION TO MACROECONOMICS AND ECONOMIC GROWTH.

7. The Macroeconomy, Unemployment, Inflation, and Deflation.
8. Measuring the Economy's Performance.
9. Global Economic Growth and Development.

III. NATIONAL INCOME DETERMINATION AND FISCAL POLICY.

10. Real GDP and the Price Level in the Long Run.
11. Classical and Keynesian Macro Analyses.
12. Consumption, Income and the Multiplier.
13. Fiscal Policy.

IV. MONEY, STABILIZATION, AND GROWTH.

14. Money, Banking, and Central Banking.
15. Money Creation and Deposit Insurance.
16. Domestic and International Dimensions of Monetary Policy.
17. Stabilization in an Integrated World Economy.
18. Policies and Prospects for Global Economic Growth.

V. DIMENSIONS OF MICROECONOMICS.

19. Consumer Choice.
20. Demand and Supply Elasticity.
21. Rents, Profits and the Financial Environment.

VI. MARKET STRUCTURE, RESOURCE ALLOCATION, AND REGULATION.

22. The Firm: Cost and Output Determination.
23. Perfect Competition.
24. Monopoly.
25. Monopolistic Competition.
26. Oligopoly and Strategic Behavior.
27. Regulation and Antitrust in a Globalized Economy.

VII. LABOR RESOURCES AND THE ENVIRONMENT.

28. Labor Demand and Supply.
29. Unions and Labor Market Monopoly Power.
30. Income, Poverty, and Health Care.
31. Environmental Economics.

VIII. GLOBAL ECONOMICS.

32. Comparative Advantage and the Open Economy.
33. Exchange Rates and the Balance of Payments.

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