Understanding economics today
Author(s)
Bibliographic Information
Understanding economics today
McGraw-Hill/Irwin, c2001
7th ed
- : pbk
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Note
"McGraw-Hill Higher Education, a division of the McGraw-Hill Companies"--P. [4] of cover
Includes index
Description and Table of Contents
Description
"Understanding Economics Today" focuses on vital issues pertinent to current and prospective participants in the U.S. and global economy. This popular long-tested text applies basic economic reasoning to build understanding of how our complex commercial society operates. Economic principles, both micro and macro, are learned through repeated applications to real world events. The emphasis on the power of economic reasoning, rather than laborious technical jargon, positively motivates both students and teachers.
Table of Contents
Part 1: Microeconomics Chapter 1 The Economics of Personal and Social Choice Chapter 2 Scarcity and the Economic Problem Chapter 3 The First Law of Economics Chapter 4 The Law of Supply and Market Price Chapter 5 Shortages, Surpluses, and Prices Chapter 6 Production, Profits, and Marginal Analysis Chapter 7 Competition and Monopoly Chapter 8 Jobs and Wages Chapter 9 Market Failure and Government Failure Chapter 10 Trade Among Nations Part II: Macroeconomics Chapter 11 National Economic Problems: Stagnation, Inflation, Unemployment, and Competitiveness Chapter 12 Overview of the National Economy: Cycles and the Circular Flow Model Chapter 13 Government Fiscal Actions and the Pace of the Economy Chapter 14 Money, Money, Money Chapter 15 The Fed and the Money Supply Chapter 16 Why Economists Disagree Chapter 17 Inflation and Unemployment Chapter 18 Rising Living Standards or Stagnation? Chapter 19 Issues in Stabilization Policy Chapter 20 The Exchange Rate and the Balance of Payments Answers to Multiple-Choice Self-Tests and Problems Glossary Index
by "Nielsen BookData"