Economics For Today

by Tucker,Irvin B.

• ISBN13: 9780324205718
• ISBN10: 0324205716
• Edition: 4th
• Format: Hardcover
• Copyright: 2004-09-29
• Publisher: Cengage Learning

Summary

A concise, 30-chapter Principles of Economics text focusing on core concepts, ECONOMICS FOR TODAY, 4th Edition includes a wealth of useful pedagogical features to provide opportunities for critical thinking, interactive reading, and built-in self-assessment. It also aids the visual learner by giving special attention to figures and graphs. Available in micro and macro paperback splits.

Table of Contents

Introduction to Economics	p. 1
Introducing the Economic Way of Thinking	p. 2
Applying Graphs to Economics	p. 20
Production Possibilities, Opportunity Cost, and Economic Growth	p. 32
Market Demand and Supply	p. 50
Markets in Action	p. 78
Applying Supply and Demand Analysis to Health Care	p. 100
Microeconomic Fundamentals	p. 105
Price Elasticity of Demand and Supply	p. 106
Consumer Choice Theory	p. 130
Indifference Curve Analysis	p. 144
Production Costs	p. 155
Market Structures	p. 181
Perfect Competition	p. 182
Monopoly	p. 210
Monopolistic Competition and Oligopoly	p. 235
Labor Markets	p. 261
Microeconomic Policy Issues	p. 283
Income Distribution, Poverty, and Discrimination	p. 284
Antitrust and Regulation	p. 310
Environmental Economics	p. 337
Macroeconomic Fundamentals	p. 361
Gross Domestic Product	p. 362
A Four-Sector Circular Flow Model	p. 387
Business Cycles and Unemployment	p. 389
Inflation	p. 413
Macroeconomic Theory and Policy	p. 433
The Keynesian Model	p. 434
The Keynesian Model in Action	p. 459
Aggregate Demand and Supply	p. 480
The Self-Correcting Aggregate Demand and Supply Model	p. 506
Fiscal Policy	p. 519
The Public Sector	p. 540
Federal Deficits, Surpluses, and the National Debt	p. 564
Money, Banking, and Monetary Policy	p. 585
Money and the Federal Reserve System	p. 586
Money Creation	p. 607
Monetary Policy	p. 628
Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model	p. 652
The Phillips Curve and Expectations Theory	p. 657
The International Economy	p. 681
International Trade and Finance	p. 682
Economies in Transition	p. 714
Growth and the Less-Developed Countries	p. 737
Answers to Odd-Numbered Study Questions and Problems	p. 761
Practice Quiz Answers	p. 779
Glossary	p. 783
Index	p. 795
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