Economics / Edition 10

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Overview

Get students to think like an Economist using the latest policy and data while incorporating Global Issues.

From our global food shortage to global warming, economic issues permeate our everyday lives. Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist helps make informed decisions.

Parkin is so committed to currency that he uploads news articles almost daily to MyEconLab®, the online assessment and tutorial system that accompanies the text. Assessment questions based on the “Economics in the News” articles will be uploaded periodically so that instructors can assign recent articles within MyEconLab.

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Editorial Reviews

Booknews
A standard macroeconomics text, revised to change the balance of the coverage of national income accounting, giving greater prominence to a discussion of the validity of the GDP as a measure of economic well- being; to simplify and streamline the initial presentation of the aggregate demand-aggregate supply model; and to give enhanced prominence to the role of financial deregulation in the macroeconomy. The coverage of economies in transition provides a framework for understanding events in Eastern Europe, the former Soviet Union, and China as these countries change their economic systems and open their markets to international influences. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780131394650
  • Publisher: Prentice Hall
  • Publication date: 12/27/2010
  • Edition number: 10
  • Pages: 864
  • Sales rank: 1,261,897
  • Product dimensions: 8.30 (w) x 10.90 (h) x 1.20 (d)

Meet the Author

Michael Parkin is Professor Emeritus in the Department of Economics at the University of Western Ontario, Canada. Professor Parkin has held faculty appointments at Brown University, the University of Manchester, the University of Essex, and Bond University. He is a past president of the Canadian Economics Association and has served on the editorial boards of the American Economic Review and the Journal of Monetary Economics and as managing editor of the Canadian Journal of Economics. Professor Parkin’s research on macroeconomics, monetary economics, and international economics has resulted in over 160

publications in journals and edited volumes, including the American Economic Review, the Journal of Political Economy, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Money, Credit and Banking. He became most visible to the public with his work on inflation that discredited the use of wage and price controls. Michael Parkin also spearheaded the movement toward European monetary union. Professor Parkin is an experienced and dedicated teacher of introductory economics.

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Table of Contents

Parkin, Economics, 10/e

Brief Table of Contents

1. What is Economics

2. The Economic Problem

3. Demand and Supply

4. Elasticity

5. Efficiency and Equity

6. Government Actions in Markets

7. Global Markets in Action

8. Utility and Demand

9. Possibilities, Preferences, and Choices

10. Organizing Production

11. Output and Costs

12. Perfect Competition

13. Monopoly

14. Monopolistic Competition

15. Oligopoly

16. Public Choices and Public Goods

17. Economics of the Environment

18. Markets for Factors of Production

19. Economic Inequality

20. Uncertainty and Information

21. Measuring GDP and Economic Growth

22. Monitoring Jobs and Inflation

23. Economic Growth

24. Finance, Saving, and Investment

25. Money, the Price Level, and Inflation

26. The Exchange Rate and the Balance of Payments

27. Aggregate Supply and Aggregate Demand

28. Expenditure Multipliers: The Keynesian Model

29. U.S. Inflation, Unemployment, and Business Cycle

30. Fiscal Policy

31. Monetary Policy

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