Contemporary Economics / Edition 3

by William A. McEachern

Overview

Bring economics to life with rich, practical examples that make concepts clear and intriguing. CONTEMPORARY ECONOMICS blends economic expertise and educational insights with comprehensive content, sound instructional design, and extensive print and media teaching tools. This new edition now includes two chapters covering personal finance, including information on managing money and being a responsible consumer.

Product Details

ISBN-13:	9781111580186
Publisher:	Cengage Learning
Publication date:	02/28/2012
Series:	Social Studies Solutions
Edition description:	Older Edition
Pages:	768
Product dimensions:	8.80(w) x 11.00(h) x 1.40(d)
Lexile:	1150L (what's this?)

About the Author

Dr. William A. McEachern began teaching large sections of economic principles shortly after joining the University of Connecticut. Several years later he began offering teaching workshops around the country. The University of Connecticut Alumni Association conferred on him its Faculty Excellence in Teaching Award in 2000. He earlier won the Association s award for Distinguished Public Service. Dr. McEachern has published books and monographs on public finance, public policy, and industrial organization, including MANAGERIAL CONTROL AND PERFORMANCE (D.C. Heath and Company). His research has also appeared in edited volumes, such as READINGS IN PUBLIC CHOICE ECONOMICS (University of Michigan Press), INTERNATIONAL HANDBOOK ON TEACHING AND LEARNING ECONOMICS (Edward Elgar Publishing), and RETHINKING ECONOMIC PRINCIPLES (Irwin Publishing), He has also published in a variety of refereed journals, including Economic Inquiry, National Tax Journal, Quarterly Review of Economic and Business, Journal of Industrial Economics, Kyklos, Econ Journal Watch, and Public Choice. His principles of economics textbooks have been translated into Spanish, Chinese, and Bahasa Indonesia, and have been adapted for Australia and for India. He is the founding editor of THE TEACHING ECONOMIST, a newsletter that for a quarter of a century has focused on teaching economics at the college level. Dr. McEachern has advised federal, state, and local governments on policy matters and has been quoted in media such as the New York Times, Times of London, Wall Street Journal USA Today and Reader s Digest. He, earned an undergraduate degree with honors from College of the Holy Cross, served three years as a U.S. Army officer, and earned an M.A. and Ph.D. in economics from the University of Virginia.

Table of Contents

Unit I: INTRODUCTION TO ECONOMICS. 1. What is Economics? 2. Economic Systems and Economic Tools. 3. U.S. Private and Public Sectors. Unit II: THE MARKET ECONOMY. 4. Demand. 5. Supply. 6. Market Forces. 7. Market Structure. Unit III: MARKET INSTITUTIONS. 8. Businesses. 9. Labor Markets. 10. Financial Markets and Business Growth. Unit IV: PERSONAL FINANCIAL LITERACY. 11. Consumer Responsibilities and Protections. 12. Managing Your Money. Unit V: THE NATIONAL ECONOMY. 13. Economic Performance. 14. Economic Growth. 15. Economic Challenges. Unit VI: PUBLIC POLICY AND THE NATIONAL ECONOMY. 16. Government Spending, Revenue, and Public Choice. 17. Fiscal Policy, Deficits, and Debt. 18. Money and Banking. 19. Money Creation, the Federal Reserve System, and Monetary Policy. Unit VII: THE INTERNATIONAL ECONOMY. 20. International Trade and Finance. 21. Economic Development. Economic Data. Glossary. Spanish Glossary. Index.

Editorial Reviews

"In Your World' is a good way to help students relate to the material. It provides a frame work."

"The end of lesson assessments are a good mix of written, graphing, and research questions."

"The Chapter Assessments offer challenging questions and are an excellent measure of student learning."

From the Publisher