Issues in Economics Today

by Guell, Robert

• ISBN13: 9780073375939
• ISBN10: 0073375934
• Edition: 5th
• Format: Paperback
• Copyright: 2009-09-24
• Publisher: McGraw-Hill/Irwin

Summary

Issues in Economics Today is a modern issues book built to meet instructor and student needs simultaneously. This title was developed to allow instructors the maximum flexibility to teach this material in a manner that fits their personal style.This edition includes 8 intensive core theory chapters and 35 shorter issues chapters. The book is designed to allow faculty the flexibility in approach as well. Some instructors like to intertwine theory and issues while others like to lay the theoretical foundation first before heading into the issues. With flexibility in mind, instructors can set a theme for their course and pick issues consistent with that theme while others will let their students decide what issues interest them.The Fifth Edition continues to stay on the cusp of recent events and topics through a conversational writing style that connects with the reader. The housing bubble, the recession of 2007-2009, federal spending, poverty in the United States vs. other developed countries, the environment, and foreign exchange rates are only a few of the events and important topics covered in the Fifth edition.

Table of Contents

Economics: The Study of Opportunity Cost

Graphing: Yes, You Can

Supply and Demand

The Concept of Elasticity and Consumer and Producer Surplus

Firm Production, Cost, and Revenue

Perfect Competition, Monopoly, and Economic versus Normal Profit

Every Macroeconomic Word You Ever Heard: Gross Domestic Product, Inflation, Unemployment, Recession, and Depression

Interest Rates and Present Value

Aggregate Demand and Aggregate Supply

Fiscal Policy

Monetary Policy

The Housing Crisis

The Recession of 2008-2009

Federal Spending

Federal Deficits, Surpluses, and the National Debt

International Trade: Does it Jeopardize American Jobs?

International Finance and Exhange Rates

NAFTA, GATT, WTO: Are Trade Agreements Good for Us?

Economic Growth and Development

The International Monetary Fund: Doctor or Witch Doctor?

The Line Between Legal and Illegal Goods

The Environment

Health Care

Government Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program

The Economics of Prescription Drugs

Economics and the Law

The Economics of Crime

The Economics of Race and Sex Discrimination

Farm Policy

Minimum Wage

Ticket Brokers and Ticket Scalping

Why Did This Textbook Cost so Much?

Education

Poverty and Welfare

Social Security

Personal Income Taxes

Energy Prices

If We Build It, Will They Come? And Other Sports Questions

The Stock Market and Crashes

Unions

The Cost of War and Occupation

The Economics of Terrorism

Wal-Mart: Always Low Prices (and Low Wages)-Always

The Economic Impact of Casino Gambling

Table of Contents provided by Publisher. All Rights Reserved.