Economics A Contemporary Introduction

by McEachern, William A.

• ISBN13: 9780324579215
• ISBN10: 0324579217
• Edition: 8th
• Format: Hardcover
• Copyright: 2008-01-08
• Publisher: South-Western College Pub

Summary

Taking a "just-in-time" approach by introducing material just as it is needed to develop an argument, ECONOMICS: A CONTEMPORARY APPROACH, Eighth Edition, truly leads by example. In a decidedly non-condescending tone, McEachern assumes that students are already intuitively familiar with many economic concepts through their own life experiences. These life experiences are then explained to students as economic concepts with clear and interesting exposition, relevant case studies, and a clean focused design. The text's major applications take the form of Case Studies that are meant to be read and therefore are integrated into the flow of each chapter. With this eighth edition, the book's well-crafted approach is enhanced with resources--such as Aplia and ThomsonNOW?--that will help your students improve their understanding and will help you streamline tasks and save valuable time.

Table of Contents

The Art and Science of Economic Analysis

Some Tools of Economic Analysis

Economic Decision Makers

Demand and Supply Analysis

Elasticity of Demand and Supply

Consumer Choice and Demand

Production and Cost in the Firm

Perfect Competition

Monopoly

Monopolistic Competition and Oligopoly

Resource Markets

Labor Markets and Labor Unions

Capital, Interest, and Corporate Finance

Transaction Costs, Imperfect Information, and Market Behavior

Economic Regulation and Antitrust Policy

Public Goods and Public Choice

Externalities and the Environment

Income Distribution and Poverty

Introduction to Macroeconomics

Productivity and Growth

Measuring the Economy and the Circular Flow

Unemployment and Inflation

Aggregate Expenditure Components

Aggregate Expenditure and Aggregate Demand

Aggregate Supply

Fiscal Policy

Federal Budgets and Public Policy

Money and the Financial System

Banking and the Money Supply

Monetary Theory and Policy

The Policy Debate: Active or Passive?

International Trade

International Finance

Developing and Transitional Economies

Table of Contents provided by Publisher. All Rights Reserved.