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Economics: A Contemporary Introduction,9780538855143
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Economics: A Contemporary Introduction

by William A. McEachern; cEachern
Edition:
4th
ISBN13:

9780538855143

ISBN10:
0538855142
Format:
Paperback
Pub. Date:
7/23/1996
Publisher(s):
South-Western College Pub
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List Price: $202.66
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Summary

Distinguished by a superior writing style that draws upon common student experiences to introduce economic concepts, this text makes economic theory accessible, interesting, and understandable. "Case Studies" and numerous examples take advantage of students' intuitive knowledge of economics, building upon real-life situations. A streamlined design places pedagogy and illustrations directly within the flow of the text, making it less distracting and more useful for students. A fully integrated Internet strategy sets this text apart by including relevant Web addresses and exercises directly in the text and on a dedicated Web page. These Internet materials complement the real-world focus of this text, encouraging students to explore and apply extensions of the chapter material to real economic events and data.

Table of Contents

PART 1 INTRODUCTION TO ECONOMICS 1(88)
1 The Art and Science of Economic Analysis
1(24)
2 Some Tools of Economic Analysis
25(18)
3 The Market System
43(24)
4 The Economic Actors: Households, Firms, Governments, and the Rest of the World
67(22)
PART 2 FUNDAMENTALS OF MACROECONOMICS 89(166)
5 Introduction to Macroeconomics
89(21)
6 Productivity and Growth
110(20)
7 Unemployment and Inflation
130(22)
8 Measuring Economic Aggregates
152(25)
9 Consumption and Aggregate Expenditure
177(28)
10 Aggregate Expenditure and Demand-Side Equilibrium
205(25)
11 Aggregate Supply
230(25)
PART 3 FISCAL AND MONETARY POLICY 255(138)
12 Fiscal Policy
255(21)
13 Money and the Financial System
276(23)
14 Banking and the Money Supply
299(21)
15 Monetary Theory and Policy
320(23)
16 The Policy Debate: Active or Passive?
343(26)
17 Budgets, Deficits, and Public Policy
369(24)
PART 4 INTRODUCTION TO THE MARKET SYSTEM 393(81)
18 Elasticity of Demand and Supply
393(27)
19 Consumer Choice and Demand
420(27)
20 Production and Cost in the Firm
447(27)
PART 5 MARKET STRUCTURE AND PRICING 474(76)
21 Perfect Competition
474(29)
22 Monopoly
503(23)
23 Monopolistic Competition and Oligopoly
526(24)
PART 6 RESOURCE MARKETS 550(106)
24 Resource Markets
550(26)
25 Human Resources: Labor and Entrepreneurial Ability
576(17)
26 Unions and Collective Bargaining
593(23)
27 Capital, Interest, and Corporate Finance
616(21)
28 Imperfect Information, Transaction Costs, and Market Behavior
637(19)
PART 7 MARKET FAILURE AND PUBLIC POLICY 656(89)
29 Economic Regulation and Antitrust Activity
656(22)
30 Public Choice
678(20)
31 Externalities and the Environment
698(23)
32 Income Distribution and Poverty
721(24)
PART 8 THE INTERNATIONAL SETTING 745
33 International Trade
745(29)
34 International Finance
774(24)
35 Developing and Transitional Economies
798


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