Exploring Economics (with Xtra! CD-ROM, InfoTrac, and Student Workbook 2nd Printing)

by Sexton, Robert L.

• ISBN13: 9780324421217
• ISBN10: 0324421214
• Edition: 3rd
• Format: Hardcover
• Copyright: 2005-04-26
• 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

Introduction To Economics

The Role And Method Of Economics

The Economic Way Of Thinking

Scarcity, Trade-Offs, and Economic Growth

Supply And Demand

Bringing Supply And Demand Together

Elasticities

Market Efficiency And Welfare

Market Failure And Public Choice

Consumers, Producers And Competitive Markets

Consumer Choice

Production And Costs

Perfect Competition

Market Power And Market Structure

Monopoly

Monopolistic Competition And Oligopoly

Input Markets, Income Distribution And The Environment

Supply And Demand In Input Markets

Income, Poverty And Health Care

The Environment

Introduction To The Macroeconomy

Macroeconomic Goals

Measuring Economic Performance

Economic Growth In The Global Economy

Investment And Saving

The Macroeconomic Model

Aggregate Demand And Aggregate Supply

Stabilization Policies

Fiscal Policy

Money And The Banking System

The Federal Reserve System and Monetary Policy

Issues In Macroeconomic Theory And Policy

International Economics

International Trade

International Finance

Table of Contents provided by Publisher. All Rights Reserved.