9780321423580

Economics: A Tool for Critically Understanding Society

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  • ISBN13:

    9780321423580

  • ISBN10:

    0321423585

  • Edition: 8th
  • Format: Paperback
  • Copyright: 1/1/2008
  • Publisher: Addison Wesley
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Summary

TheEighth EditionofEconomics: A Tool for Critically Understanding Societyoffers a clear, simple introduction to economic analysis in a style that is ideal for a one-semester introductory course. The authors take a historical perspective, presenting economic theories and their connections to schools of economic thought. The goal is to help students use economic concepts to analyze todayrs"s issues, to think about everyday decisions, and to examine their preconceived ideas and beliefs.Economics as a Tool for Critical Thinking in a Changing Global Economy:Economics as a Social Science; Exploring the Emerging Global Economy.Economic History and the Development of Modern Economic Thought:The Evolution of Economic Systems; Property, Adam Smith, and the Division of Labor; The Rise and Fall of Laissez-Faire; The Marxian Critique of Capitalism.Microeconomics:Scarcity: "You Can't Always Get What You Want"; The Theory of Markets;Perfect Competition and Efficiency; Noncompetitive Markets and Inefficiency; Resource Markets and the Distribution of Income; Corporations and Labor Unions; The Economic Role of Government.Macroeconomics:Macroeconomics: Issues and Problems; Macroeconomic Theory: Classical and Keynesian Models; Fiscal Policy: Government Spending and Taxation; Financial Markets, Money, and Monetary Policy; Aggregate Demand and Aggregate Supply; Unemployment, Inflation, and Stabilization Policy in a Global Economy.International Economics and Finance:International Trade and Interdependence; International Finance; The Economics of Developing Nations; Economic Systems in Transition.For all readers interested in one-semester economics.

Table of Contents

Economics As A Tool For Critical Thinking In A Changing Global Economy
Economics as a Social Science
Exploring the Emerging Global Economy
Economic History And The Development Of Modern Economic Thought
The Evolution of Economic Systems
Adam Smith, Classical Liberalism, and the Division of Labor
Karl Marx and the Socialist Critique of Capitalism
The Rise and Fall of Laissez-Faire in the U.S. Economy
Microeconomics
Scarcity: You Can't Always Get What You Want
The Theory of Markets
Perfect Competition and Efficiency
Noncompetitive Markets and Inefficiency
Resource Markets and the Distribution of Income
Corporations and Labor Unions
The Economic Role of Government
Macroeconomics
Macroeconomics: Issues and Problems
Macroeconomic Theory: Classical and Keynesian Models
Fiscal Policy: Government Spending and Taxation
Financial Markets, Money, and Monetary Policy
Aggregate Demand and Aggregate Supply
Unemployment, Inflation, and Stabilization Policy in a Global Economy
International Economics And Finance
International Trade and Interdependence
International Finance
The Economics of Developing Nations
Economies in Transition
Table of Contents provided by Publisher. All Rights Reserved.

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