Supplements: Instructor's Manual｜Test Bank｜Power point
Author
Irvin B. Tucker, University of North Carolina, Charlotte
Description
Straightforward and engaging, ECONOMICS FOR TODAY'S WORLD, 5e uses a unique textual and visual learning system to present, reinforce and test students comprehension while teaching them the basic concepts of economic principles while also giving them the context to apply them in their everyday lives. This concise text focuses on core concepts, providing an extremely student friendly text that includes unparalleled pedagogy and teaching support. The new edition also includes CengageNOW, a powerhouse of online resources including custom designed learning paths for each student, lively videos, interactive assessments, testing tools, and much more. Engaging and easy to use, this book's fast-paced, action-packed approach explains all the essential concepts without being encyclopedic as it teaches students to apply basic economic principles to real-world issues.
Table of Contents
PART 1 INTRODUCTION TO ECONOMICS
1. Introducing the Economic Way of Thinking
2. Production Possibilities, Opportunity Cost, and Economic Growth
PART 2 MICROECONOMIC FUNDAMENTALS
3. Market Demand and Supply
4. Markets in Action
5. Price Elasticity of Demand and Supply
6. Consumer Choice Theory
7. Production Costs
PART 3 MARKET STRUCTURES
8. Perfect Competition
9. Monopoly
10. Monopolistic Competition and Oligopoly
11. Labor Markets
PART 4 MICROECONOMIC POLICY ISSUES
12. Income Distribution, Poverty, and Discrimination
13. Antitrust and Regulation
14. Environmental Economics
PART 5 MACROECONOMIC FUNDAMENTALS
15. Gross Domestic Product
16. Business Cycles and Unemployment
17. Inflation
PART 6 MACROECONOMIC THEORY AND POLICY
18. The Keynesian Model
19. The Keynesian Model in Action
20. Aggregate Demand and Supply
21. Fiscal Policy
22. The Public Sector
23. Federal Deficits, Surpluses, and the National Debt
PART 7 MONEY,BANKING,AND MONETARY POLICY
24. Money and the Federal Reserve System
25. Money Creation
26. Money Policy
27. The Phillips Curve and Expectations Theory
PART 8 THE INTERNATIONAL ECONOMY
28. International Trade and Finance
29. Economies in Transition
30. Growth and the Less-Developed Countries
