Economics

by Arnold,Roger A.

• ISBN13: 9780324538014
• ISBN10: 0324538014
• Edition: 8th
• Format: Hardcover
• Copyright: 2007-01-25
• Publisher: South-Western College Pub

Summary

Arnold continues to set the standard for clear, balanced, and thorough coverage of principles of economics that truly engages students. With six new chapters, easy customization, and fully integrated digital and course management options, ECONOMICS, 8e is the perfect solution for any classroom. Packed with intriguing pop culture examples to which students relate, the text bolsters student interest in economics by illustrating unexpected places economics occurs, how economic forces link events around the world to their lives, and how economics can be used as a tool in understanding the world. In addition, the eighth edition is integrated with such powerful resources as ThomsonNOW, Aplia, and the Tomlinson Videos. Allowing for true course customization, these resources enable instructors to teach what the want, how they want plus give them unsurpassed planning and management tools, such as homework that is automatically assigned, graded, and recorded online. Students, in turn, gain a customized learning path tailored to their specific areas of strength and weakness, ensuring they gain complete mastery of course content. With new content reflecting a changing economy and new resources catering to the needs of a changing classroom, ECONOMICS, 8e is your ideal solution for the principles course.

Table of Contents

Economics: The Science Of Scarcity

What Economics is About

Working with Diagrams

Economic Activities: Producing and Trading

Supply and Demand: Theory

Supply and Demand: Practice Macroeconomics

Macroeconomic Fundamentals

Macroeconomic Measurements

Prices and Unemployment

Macroeconomic Measurements

GDP and Real GDP

Macroeconomic Stability, Instability, And Fiscal Policy

Aggregate Demand and Aggregate Supply

The Self-Regulating Economy

Economic Instability: A Critique of the Self-Regulating Economy

The Federal Budget and Fiscal Policy

Money , The Economy And Monetary Policy

Money and Banking

The Federal Reserve System

Money and the Economy

Monetary Policy

Expectations And Growth

Expectations Theory and the Economy

Economic Growth Microeconomics

Microeconomic Fundamentals

Elasticity

Consumer Choice: Maximizing Utility and Behavioral Economics

Budget Constraint Analysis and Indifference Curve Analysis

Production and Costs

Product Markets And Policies

Perfect Competition

Monopoly

Monopolistic Competition, Oligopoly, and Game Theory

Government and Product Markets: Antitrust and Regulation

Factor Markets And Related Issues

Factor Markets: With Emphasis on the Labor Market

Wages, Unions, and Labor

The Distribution of Income and Poverty

Interest, Rent, and Profit

Market Failure And Public Choice

Market Failure: Externalities, Public Goods, and Asymmetric Information

Public Choice: Economic Theory Applied to Politics The Global Economy

International Economics And Globalization

International Trade

International Finance

Globalization Practical Economics

Financial Matters

Stocks, Bonds, Futures, and Options

Should You Major in Economics?

Self-Test

Appendix

Glossary

Index Online Chapters

Agriculture: Farmers' Problems, Government Policies, and Unintended Effects

International Impacts on the Macro Economy

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