Cover image for Contemporary economics : an applications approach
Title:
Contemporary economics : an applications approach
Personal Author:
Edition:
3rd ed.
Publication Information:
Mason, OH : Thomson/South-Western, 2005
ISBN:
9780324260120
Subject Term:

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30000004610410 HB171 C37 2005 Open Access Book Book
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Summary

Summary

Like the author's best-selling, highly regarded International Economics text, this book integrates a clear and concise presentation of economic theory with an abundance of real-world cases and applications. Rather than discussing economic theory in the abstract, and then including real-world applications in separate sections, the text weaves applications into all theoretical discussions. There is no other Survey text that emphasizes real-world applications to this degree.


Table of Contents

Preface
Part 1 Introduction
1 Scarcity and Choice
Part 2 The Microeconomy
2 Market Transactions: Demand and Supply Analysis
3 Demand and Supply Applications
4 Production and the Costs of Production
5 Competition and Monopoly: Virtues and Vices
6 Imperfect Competition
7 Labor Markets
8 Government and Markets
Part 3 The Macroeconomy
9 The Mixed Economy of the United States
10 Gross Domestic Product and Economic Growth
11 The Business Cycle, Unemployment, and Inflation
12 Macroeconomic Instability: Aggregate Demand and Aggregate Supply
13 Fiscal Policy and the Federal Budget
14 Money and the Banking System
15 The Federal Reserve and Monetary Policy
Part 4 The International Economy
16 The United States and the Global Economy
17 International Finance
18 Economic Systems and the Developing Countries
Glossary
Index
About the Author