9780324017458

Economics with InfoTrac College Edition

by
  • ISBN13:

    9780324017458

  • ISBN10:

    0324017456

  • Edition: 5th
  • Format: Hardcover
  • Copyright: 7/31/2000
  • Publisher: South-Western College Pub
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Summary

Economics, 5E provides a complete introduction to the basic principles of economics. A balanced presentation of major theories, thorough integration of international topics, a wealth of interesting real-world applications, and a focus on the economic way of thinking are presented in an interesting and upbeat style so the reader can understand and appreciate the material. Fully integrated Internet features offer hands-on exercises exploring economics on-line. Outstanding exhibits and graphs strategically use color and cause/effect diagrams for maximum accessibility and understanding.

Author Biography

Stephen Ison is a Principal Lecturer in Economics, Anglia Business School, Anglia Polytechnic University, Cambridge.

Table of Contents

AN INTRODUCTION TO ECONOMICS
Part 1 Economics: The Science of Scarcity
What Economics Is About
1(30)
Working with Diagrams
22(9)
Trade, Tradeoffs, and Economic Systems
31(25)
Supply, Demand, and Price: The Theory
56(31)
Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior
87(26)
MACROECONOMICS
Part 2 Macroeconomic Fundamentals
Macroeconomic Measurements, Part I: Prices and Unemployment
113(23)
Macroeconomic Measurements, Part II: GDP and Real GDP
136(23)
Part 3 Macroeconomic Stability, Instability, and Fiscal Policy
Aggregate Demand and Aggregate Supply
159(30)
The Self-Regulating Economy
189(18)
Economic Instability: A Critique of the Self-Regulating Economy
207(25)
Fiscal Policy
232(23)
Taxes, Deficits, Surpluses, and the Public Debt
255(19)
Part 4 Money, the Economy, and Monetary Policy
Money and Banking
274(20)
The Federal Reserve System
294(18)
Money and the Economy
312(28)
Monetary Policy
340(23)
Part 5 Expectations and Growth
Expectations Theory and the Economy
363(21)
Economic Growth: Resources, Technology, and Ideas
384(17)
MICROECONOMICS
Part 6 Microeconomic Fundamentals
Elasticity
401(25)
The Logic of Consumer Choice
426(28)
Budget Constraint and Indifference Curve Analysis
446(8)
The Firm
454(19)
Production and Costs
473(27)
Part 7 Product Markets and Policies
Perfect Competition
500(27)
Monopoly
527(23)
Monopolistic Competition and Oligopoly
550(23)
Government and Product Markets: Antitrust and Regulation
573(25)
Agriculture: Farmers' Problems, Government Policies, and Unintended Effects
598(17)
Part 8 Factor Markets and Related Issues
Factor Markets: With Emphasis on the Labor Market
615(23)
Wages, Unions, and Labor
638(19)
The Distribution of Income and Poverty
657(24)
Interest, Rent, and Profit
681(20)
Part 9 Market Failure and Public Choice
Market Failure: Externalities, Public Goods, and Asymmetric Information
701(25)
Public Choice: Economic Theory Applied to Politics
726(19)
THE WORLD ECONOMY
Part 10 International Economics: Theory and Policy
International Trade
745(19)
International Finance
764(32)
International Economic Development
796(13)
Self-Test Appendix 809(30)
Glossary 839(11)
Photo Credits 850(1)
Index 851

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