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Readers learn best when they see a concept applied in the context of examples they understand. That is why Economics Today is so successful when readers hail from a wide variety of backgrounds. An abundance of relentlessly current, news-worthy examples motivate every chapter and reflect the interests of today’s diverse reader population.
Introduction: The Nature of Economics; Scarcity and the World of Trade-Offs; Demand and Supply; Extensions of Demand and Supply Analysis; The Public Sector and Public Choice; Taxes, Transfers, and Public Spending; Introduction to Macroeconomics and Economic Growth: The Macroeconomy: Unemployment, Inflation, and Deflation; Measuring the Economy’s Performance; Global Economic Growth and Development; Real GDP Determination and Fiscal Policy: Real GDP and the Price Level in the Long Run; Classical and Keynesian Macro Analyses; Consumption, Real GDP, and the Multiplier; Fiscal Policy; Deficit Spending and the Public Debt; Money, Stabilization, and Growth: Money, Banking, and Central Banking; Money Creation and Deposit Insurance; Domestic and International Dimensions of Monetary Policy; Stabilization in an Integrated World Economy; Policies and Prospects for Global Economic Growth; Dimensions of Microeconomics: Consumer Choice; Demand and Supply Elasticity; Rents, Profits, and the Financial Environment of Business; Market Structure, Resource Allocation, and Regulation: The Firm: Cost and Output Determination; Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly and Strategic Behavior; Regulation and Antitrust Policy in a Globalized Economy; Labor Resources and the Environment: The Labor Market: Demand, Supply, and Outsourcing; Unions and Labor Market Monopoly Power; Income, Poverty, and Health Care; Environmental Economics; Global Economics: Comparative Advantage and the Open Economy; Exchange Rates and the Balance of Payments
For all readers interested in principles of economics.
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By Clarissa David
I'm a college graduate planning on going to Grad School in the next year or so. I've also spent some years in the military, so I would assume that I have some knowledge in what makes a book good/bad in terms of explaining what it's supposed to teach.
This textbook is horrible and I feel sorry for any freshman/sophomore/AP Economics student out there who is required to use this book for their economics class. The explanations and examples in this book are either vague or aren't explained very well. There are times when I'll spend an hour on a concept because its explanations are poorly written.
If you are part of the unlucky group who has to use this for text, get ready to do some intense reading just to understand what the authors are talking about. I can't wait for this quarter to be over. On the bright side, it comes with a workbook that does a pretty good job of preparing you for the tests as long as the teacher uses the questions from the manual that they use.
Back to studying!
By Lora E. Sandler
Book came on time and in excellent condition (and MUCH cheaper than our campus bookstore!)
By A. Dawkins
I made sure to check and make sure this was the correct book. The text is correct, but I received the teaching edition!! It sais it was new, but it has definitely been used. Not impressed with seller....should indicate which edition of book more clearly.
By Samantha Lawrence (FL)
very satisfied with my order. I received the book way before the estimated shipping arrival.
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