9780324007848

Study Guide for Economics for Today

by
  • ISBN13:

    9780324007848

  • ISBN10:

    0324007841

  • Edition: 2nd
  • Format: Paperback
  • Copyright: 8/2/1999
  • Publisher: South-Western College Pub
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Supplemental Materials

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Summary

Straightforward and engaging, ECONOMICS FOR TODAY, 5e uses a unique textual and visual learning system to present, reinforce and test students comprehension while teaching them the basic concepts of economic principles while also giving them the context to apply them in their everyday lives. This concise text focuses on core concepts, providing an extremely student friendly text that includes unparalleled pedagogy and teaching support. The new edition also includes CengageNOW, a powerhouse of online resources including custom designed learning paths for each student, lively videos, interactive assessments, testing tools, and much more. Engaging and easy to use, this book's fast-paced, action-packed approach explains all the essential concepts without being encyclopedic as it teaches students to apply basic economic principles to real-world issues.

Table of Contents

Introduction To Economics
Introducing the Economic Way of Thinking
Appendix: Applying Graphs to Economics
Production Possibilities, Opportunity Cost, and Economic Growth
Microeconomic Fundamentals
Market Supply and Demand
Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency
Markets in Action
Appendix: Applying Supply and Demand Analysis to Health Care
Price Elasticity of Demand and Supply
Consumer Choice Theory
Appendix: Indifference Curve Analysis
Production Costs
Market Structures
Perfect Competition
Monopoly
Monopolistic Competition and Oligopoly
Labor Markets
Microeconomic Policy Issues
Income Distribution, Poverty, and Discrimination
Antitrust and Regulation
Environmental Economics
Macroeconomic Fundamentals
Gross Domestic Product
Appendix: A Four-Sector Circular Flow Model
Business Cycles and Unemployment
Inflation
Macroeconomic Theory And Policy
The Keynesian Model
The Keynesian Model in Action
Aggregate Demand and Supply
Appendix: The Self-Correcting Aggregate Demand and Supply Model
Fiscal Policy
The Public Sector
Federal Deficits, Surpluses, and the National Debt
Money, Banking, And Monetary Policy
Money and the Federal Reserve System
Money Creation
Monetary Policy
Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model
The Phillips Curve and Expectations Theory
The International Economy
International Trade and Finance
Economies in Transition
Growth and the Less-Developed Countries
Answers to Odd-Numbered Study Questions and Problems
Answers to Practice Quizzes
Glossary
Index
Table of Contents provided by Publisher. All Rights Reserved.

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