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Economics: Principles for a Changing World book cover, ISBN 9781319218331

Economics: Principles for a Changing World

by Chiang, Eric

ISBN13: 9781319218331
ISBN10: 1319218334
eBook ISBN(s): 9781319253288
Additional ISBN(s): 9781464186660
Edition: 5th
Format: Hardcover
Copyright: 2019-10-21
Publisher: Worth Publishers

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Summary

With this edition, Eric Chiang continues to link economics concepts to topics of personal interest to students. The new edition is a thoroughly contemporary, fully integrated print/technology resource that adapts to the way you want to teach. As always, this concise book focuses on the topics most often covered in the principles course, but with this edition, it offers a stronger emphasis than ever on helping students apply an economic way of thinking to the overwhelming flow of data we face every day.

Economics: Principles for a Changing World is fully informed by Eric Chiang’s experiences teaching thousands of students worldwide, both in person and online. Developing the text, art, media, homework, and ancillaries simultaneously, Chiang translates those experiences into a cohesive approach that embodies the book’s founding principles:

To use technology as a tool for learning—before lectures, during class, when doing homework, and at exam time

To help students harness the data literacy they’ll need as consumers of economic information

Table of Contents

Exploring Economics

Production, Economic Growth, and Trade

Supply and Demand

Markets and Government

Elasticity

Consumer Choice and Demand

Production and Costs

Perfect Competition

Monopoly

Monopolistic Competition, Oligopoly, and Game Theory

Labor Markets

Land, Capital Markets, and Innovation

Externalities and Public Goods

Network Goods

Income Inequality and Poverty

Introduction to Macroeconomics

Measuring Inflation and Unemployment

Economic Growth

Aggregate Expenditures

Aggregate Demand and Supply

Fiscal Policy and Debt

Saving, Investment, and the Financial System

Money Creation and the Federal Reserve

Monetary Policy

Macroeconomic Policy: Challenges in a Global Economy

International Trade

Open Economy Macroeconomics

Supplemental Materials

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