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Robert Guell's Issues in Economics Today employs a unique format that allows instructors and students the flexibility to choose which issues they wish to cover in their one-semester survey course. The book begins with eight intensive core theory chapters followed by thirty-four shorter issues chapters that can be easily mixed and matched to create a customized course syllabus. In the preface, the author provides a list of suggested issues to cover in a course with specific themes, such as social policy, international issues, or business. For those instructors who want to " do it themselves, " the author has also included a grid that shows which theory chapters need to be mastered before moving on to each issue chapter. Instructors and students alike will appreciate the solid theoretical foundation as well as the intriguing and timely economic issues explored in the book, such as sports, education, and ticket scalping.
Table of Contents
Chapter 1 Economics: The Study of Opportunity Cost
Appendix 1A Graphing: Yes, You Can.
Chapter 2 Supply and Demand
Chapter 3 The Concept of Elasticity and Consumer and Producer Surplus
Chapter 4 Firm Production, Cost, and Revenue
Chapter 5 Perfect Competition, Monopoly, and Economic versus Normal Profit
Chapter 6 Every Macroeconomic Word You Ever Heard: Gross Domestic Product, Inflation,
Unemployment, Recession, and Depression
Chapter 7 Interest Rates and Present Value
Chapter 8 Aggregate Demand and Aggregate Supply
Chapter 9 Federal Spending
Chapter 10 Federal Deficits, Surpluses, and the National Debt
Chapter 11 Fiscal Policy
Chapter 12 Monetary Policy
Chapter 13 International Trade: Does it Jeopardize American Jobs?
Chapter 14 The International Monetary Fund: Doctor or Witch Doctor?
Chapter 15 NAFTA, CAFTA, GATT, WTO: Are Trade Agreements Good for Us?
Chapter 16 Tobacco, Alcohol, Drugs, and Prostitution
Chapter 17 The Environment
Chapter 18 Health Care
Chapter 19 Government Provided Health Insurance: Medicaid, Medicare, and the Child Health
Chapter 20 The Economics of Prescription Drugs
Chapter 21 The Economics of Crime
Chapter 22 Education
Chapter 23 Poverty and Welfare
Chapter 24 Social Security
Chapter 25 Head Start
Chapter 26 The Economics of Race and Sex Discrimination
Chapter 27 Farm Policy
Chapter 28 Minimum Wage
Chapter 29 Rent Control
Chapter 30 Ticket Brokers and Ticket Scalping
Chapter 31 Personal Income Taxes
Chapter 32 Antitrust
Chapter 33 Energy Prices
Chapter 34 If We Build It, Will They Come? And Other Sports Questions