Exploring Economics

by Sexton, Robert L.

• ISBN13: 9780324395464
• ISBN10: 0324395469
• Edition: 4th
• Format: Hardcover
• Copyright: 2007-01-29
• Publisher: South-Western College Pub

Summary

This is not a traditional encyclopedic text filled with technical details. Rather it is a modern, "back-to-basics" book written expressly to promote economic literacy and engage students in learning about how economics affects them as citizens in our society. Coupled with pedagogical innovations that are well-grounded in learning theory research, the text?s visually effective design and captivating content inspire students to actually read the chapters. It succeeds like no other text in taking the intimidation out of economics and in meeting its goal of explaining the material in a manner that will "bring students the same feeling of excitement and relevance? the author felt when taking his first economics class.

Table of Contents

Fundamentals I

The Role And Method Of Economics

The Economic Way Of Thinking

Scarcity And The Economizing Problem

Supply And Demand

Bringing Supply And Demand Together

Fundamentals 2

Elasticities

Market Efficiency

Market Failure

Public Sector And Public Choice

Households, Firms, and Market Structure

Consumer's Choice

The Firm

Production and Costs

Perfect Competition

Monopolistic Competition And Product Differentiation

Oligopoly And Strategic Behavior

Monopoly And Antitrust

Input Markets, Income, and Poverty

Supply And Demand In Input Markets

Income Distribution And Poverty

The Environment & Health Care

The Environment

Health Care

The Long Run and Short Run

Unemployment, Inflation And Economic Fluctuations

Measuring A Nation's Production, Income And Spending

The Economy At Full Employment

Economic Growth In The Global Economy

Aggregate Supply And Aggregate Demand

The Aggregate Expenditure Model

Monetary & Fiscal Policy

Monetary Institutions

The Federal Reserve System And Monetary Policy

Fiscal Policy

Expectations And The Phillips Curve

International Trade & Finance

International Trade

International Finance

Table of Contents provided by Publisher. All Rights Reserved.