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The updated edition offers insights into the exciting economic topics that are in the news and affecting all of us todaylike the election, the housing market, the impact of the current oil situation, current challenges to airlines, debates over trade policy, and consequences of the "amazing shrinking dollar."In-depth coverage of economics with particular focus on Economic Efficiency, Government Price Setting, and Taxes, Aggregate Demand and Aggregate Supply Analysis.The updated edition also offers insights into the exciting economic topics that are in the news and affecting all of us todaylike the election, the housing market, the impact of the current oil situation, current challenges to airlines, debates over trade policy, and consequences of the "amazing shrinking dollar."MARKET: For anyone in business who wants to benefit from understanding the economic forces behind their work.
Table of Contents
|Economics: Foundations and Models Appendix: Using Graphs and Formulas|
|Tradeoffs, Comparative Advantage, and the Market System|
|Where Prices Come From: The Interaction of Demand & Supply|
|Economic Efficiency, Government Price Setting, and Taxes Appendix: Quantitative Demand and Supply Analysis|
|Firms in the Domestic & International Economies|
|Firms, the Stock Market, and Corporate Governance Appendix: Tools to Analyze Firms' Financial Information|
|Comparative Advantage and the Gains from International Trade Appendix: Multinational Firms|
|Macroeconomic Foundations and Long-Run Growth|
|GDP: Measuring Total Production and Income|
|Unemployment & Inflation|
|Economic Growth, the Financial System, and Business Cycles|
|Long-Run Growth: Sources & Policies|
|Output & Expenditure in the Short Run Appendix: The Algebra of Macroeconomic Equilibrium|
|AD/AS Analysis Appendix: Schools of Macro Thought|
|Monetary and Fiscal Policy|
|Money, Banks, and the Federal Reserve System|
|Inflation, Unemployment & Federal Reserve Policy|
|The International Economy|
|Macroeconomics in an Open Economy|
|The International Financial System|
|Table of Contents provided by Publisher. All Rights Reserved.|