Foundations of economics
Author(s)
Bibliographic Information
Foundations of economics
（Addison-Wesley series in economics）
Addison-Wesley, c2011
5th ed
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Note
"Macroeconomic data": 1 folded leaf at end
Includes index
Description and Table of Contents
Description
Economics is a subject you learn by doing. Foundations of Economics breaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus students' attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares students to use economics in their lives, regardless of what their future career will be.
Many instructors turn to online assessment in MyEconLab as a way to encourage practice without needing to grade homework by hand. Bade and Parkin have written online versions of their Checkpoints and end-of-chapter problems in MyEconLab so that there is complete synchronicity between the content online and in the text.
MyEconLab New Design is now available for this title! MyEconLab New Design offers:
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A Simplified User Interface. The new user interface offers quick and easy access to Assignments, Study Plan, eText & Results, as well as additional option for course customization.
New Communication Tools. The following new communication tools can be used to foster collaboration, class participation, and group work.
Email: Instructors can send emails to their entire class, to individual students or to instructors who has access to their course.
Discussion Board: The discussion board provides students with a space to respond and react to the discussions you create. These posts can also be separated out into specific topics where students can share their opinions/answers and respond to their fellow classmates' posts.
Chat/ ClassLive: ClassLive is an interactive chat tool that allows instructors and students to communicate in real time. ClassLive can be used with a group of students or one-on-one to share images or PowerPoint presentations, draw or write objects on a whiteboard, or send and received graphed or plotted equations. ClassLive also has additional classroom management tools, including polling and hand-raising.
Enhanced eText. Available within the online course materials and offline via an iPad app, the enhanced eText allows instructors and students to highlight, bookmark, take notes, and share with one another.
Table of Contents
1. Getting Stated
2. The U.S. and Global Economies
3. The Economic Problem
4. Demand and Supply
5. Elasticities of Demand and Supply
6. Efficiency and Fairness of Markets
7. Government Actions in Markets
8. Taxes
9. Global Markets in Action
10. Public Goods and Public Choices
11. Externalities and The Environment
12. Consumer Choice and Demand
13. Production and Cost
14. Perfect Competition
15. Monopoly
16. Monopolistic Competition
17. Oligopoly
18. Markets for Factors of Production
19. Inequality and Poverty
20. GDP: A Measure of Total Production and Income
21. Jobs and Unemployment
22. The CPI and the Cost of Living
23. Potential GDP and the Natural Unemployment Rate
24. Economic Growth
25. Finance, Saving, and Investment
26. The Monetary System
27. Money, Interest, and Inflation
28. Aggregate Supply and Aggregate Demand
29. Aggregate Expenditure
30. The Short-Run Policy Tradeoff
31. Fiscal Policy
32. Monetary Policy
33. International Finance
by "Nielsen BookData"