9780618992676

Fundamentals of Economics

by ;
  • ISBN13:

    9780618992676

  • ISBN10:

    0618992677

  • Edition: 4th
  • Format: Paperback
  • Copyright: 1/15/2008
  • Publisher: South-Western College Pub
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Summary

Based on the comprehensive two-semester text by the same authors, this version of Economics "boils down" the formal economic theories and concepts into their essential parts, emphasizing domestic and international applications and policy issues. Fundamentals of Economics is a concise but thorough survey of economics for instructors desiring a brief, practical text. Each chapter focuses on core economic concepts and provides a link between theory and real-world relevance, making the content more meaningful for students. The Fourth Edition provides a convenient, integrated learning experience by including a Study Guide after each chapter, which allows students to review key concepts and practice new skills before they go on to read the next chapter. Fundamental Questions at the beginning of each chapter preview key points, reappear next to the relevant in-text discussion, and form the basis of chapter-ending Summary sections. The design highlights these Fundamental Questions, making them easier to find within a chapter. Economic Insight and Global Business Insight boxes focus on the policies of today's leaders and the business decisions of real companies and governments around the world, adding real-world relevance to the material.

Table of Contents

The Price System
Economics and the World Around You. Appendix to Chapter 1. Working with Graphs
Markets and the Market Process
Applications of Demand and Supply
Consumers, Firms, And Social Issues
The Firm and the Consumer
Costs and Profit Maximization
Competition
Business, Society, and the Government
Social Issues
The National And Global Economies
An Overview of the National and International Economies
Macroeconomic Measures
Unemployment, Inflation, and Business Cycles
Macroeconomic Equilibrium: Aggregate Demand and Supply
Fiscal Policy
Money and Banking
Macroeconomic Policy
Monetary Policy
Macroeconomic Policy, Business Cycles, and Growth
Issues in International Trade and Finance
Globalization
Table of Contents provided by Publisher. All Rights Reserved.

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