Issues in Economics Today

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  • Edition: 7th
  • Format: Paperback
  • Copyright: 1/10/2014
  • Publisher: McGraw-Hill Education

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Guell's Issues in Economics Today presents economic theory brought to life through current issues with an engaging, conversational style. The 7th edition includes 8 theory chapters introducing the core topics in microeconomics and macroeconomics, and a selection of 35 short issues chapters, from which instructors can pick and choose the issues of most interest to their students. This format allows maximum flexibility for instructors to lay a foundation of theory first or dive right into coverage of today's current issues. In addition, issues can be organized along themes such as social policy, election year issues, international issues, and business issues, or combined with outside content. Guell's 7th edition provides content that is timely and relevant for students, flexible enough to fit any course design.

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 Fiscal Policy

Chapter 10 Monetary Policy

Chapter 11 Federal Spending

Chapter 12 Federal Deficits, Surpluses, and the National Debt

Chapter 13 The Housing Bubble

Chapter 14 The Recession of 2007-2009: Causes and Policy Responses

Chapter 15 Japan’s Lost Decade: Could it Happen to the United States?

Chapter 16 Is the (Fiscal) Sky Falling: An Examination of Unfunded Social Security, Medicare, and State and Local Pension Liabilities

Chapter 17 International Trade: Does It Jeopardize American Jobs?

Chapter 18 International Finance and Exchange Rates

Chapter 19 The European Debt Crisis

Chapter 20 Economic Growth and Development

Chapter 21 The Line Between Legal and Illegal Goods

Chapter 22 Natural Resources, the Environment, and Climate Change

Chapter 23 Health Care

Chapter 24 Government-Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program

Chapter 25 The Economics of Prescription Drugs

Chapter 26 So You Want to Be a Lawyer: Economics and the Law

Chapter 27 The Economics of Crime

Chapter 28 The Economics of Race and Sex Discrimination

Chapter 29 Income and Wealth Inequality

Chapter 30 Farm Policy

Chapter 31 Minimum Wage

Chapter 32 Ticket Brokers and Ticket Scalping

Chapter 33 Economics of K-12 Education

Chapter 34 Economics of College and University Education

Chapter 35 Poverty and Welfare

Chapter 36 Social Security

Chapter 37 Personal Income Taxes

Chapter 38 Energy Prices

Chapter 39 If We Build It, Will They Come? And Other Sports Questions

Chapter 40 The Stock Market Crashes

Chapter 41 Unions

Chapter 42 Walmart: Always Low Prices (and Low Wages)- Always

Chapter 43 The Economic Impact of Casino Gambling

Web ChaptersThe International Monetary Fund: Doctor or Witch Doctor?The Cost of War and OccupationThe Economics of Terrorism Rent ControlAntitrustHead StartNAFTA, GATT, WTO: Are Trade Agreements Good for Us?Health Care Reform: Was it the Right Reform?

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