Economics / Edition 8

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Overview

Arnold continues to set the standard for clear, balanced, and thorough coverage of principles of economics that truly engages students. With six new chapters, easy customization, and fully integrated digital and course management options, ECONOMICS, 8e is the perfect solution for any classroom. Packed with intriguing pop culture examples to which students relate, the text bolsters student interest in economics by illustrating unexpected places economics occurs, how economic forces link events around the world to their lives, and how economics can be used as a tool in understanding the world. In addition, the eighth edition is integrated with such powerful resources as CengageNOW, Aplia, and the Tomlinson Videos. Allowing for true course customization, these resources enable instructors to teach what the want, how they want plus give them unsurpassed planning and management tools, such as homework that is automatically assigned, graded, and recorded online. Students, in turn, gain a customized learning path tailored to their specific areas of strength and weakness, ensuring they gain complete mastery of course content. With new content reflecting a changing economy and new resources catering to the needs of a changing classroom, ECONOMICS, 8e is your ideal solution for the principles course.

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Editorial Reviews

Library Journal
Why are there no taxes in Kathmandu? Why is rent in Manhattan so high? And who really pays taxes? These and many other questions about economics of interest to a lay audience form the basis of this excellent set, which is tailor-made for public and high school libraries. The staff editors do not provide an academic treatise on the complex, technical details of economic theory or principles. Instead, they focus on translating economics into an easily understood language, making this work highly useful for students--especially at the high school level. The six volumes cover money, banking, and finance; the citizen and the economy; business operations; the U.S. economy and the world; economic theory; and economic history. With the exception of Volume 5 (on economic theory), the volumes contain numerous well-organized chapters that adequately cover the topic. Volume 5 is arranged as an A-Z encyclopedia of shorter articles about fundamental concepts in economics and can be used as both a reference to the other volumes and a stand-alone reference. Numerous charts, diagrams, figures, and glossy photos are used to clarify concepts, and the set's glossary, reading list, and index are re-produced in each of the six volumes, making for easier cross-referencing. With the ever-changing nature of finance law and regulations, this well-prepared reference set will need regular updates, but it remains the resource of choice on economics for its targeted audience.--Dale Farris, Groves, TX Copyright 2000 Cahners Business Information.\
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Product Details

  • ISBN-13: 9780324538014
  • Publisher: Cengage Learning
  • Publication date: 1/25/2007
  • Series: Available Titles CengageNOW Series
  • Edition description: Older Edition
  • Edition number: 8
  • Pages: 840
  • Product dimensions: 8.70 (w) x 10.20 (h) x 1.20 (d)

Table of Contents

Part 1: ECONOMICS: THE SCIENCE OF SCARCITY. 1: What Economics is About. Appendix A: Working with Diagrams. 2: Economic Activities: Producing and Trading. 3: Supply and Demand: Theory. 4: Supply and Demand: Practice Macroeconomics. Part 2: MACROECONOMIC FUNDAMENTALS. 5: Macroeconomic Measurements. Part I: Prices and Unemployment. 6: Macroeconomic Measurements. Part II: GDP and Real GDP. Part 3: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY. 7: Aggregate Demand and Aggregate Supply. 8: The Self-Regulating Economy. 9: Economic Instability: A Critique of the Self-Regulating Economy. 10: The Federal Budget and Fiscal Policy. Part 4: MONEY, THE ECONOMY AND MONETARY POLICY. 11: Money and Banking. 12: The Federal Reserve System. 13: Money and the Economy. 14: Monetary Policy. Part 5: EXPECTATIONS AND GROWTH. 15: Expectations Theory and the Economy. 16: Economic Growth Microeconomics. Part 6: MICROECONOMIC FUNDAMENTALS. 17: Elasticity. 18: Consumer Choice: Maximizing Utility and Behavioral Economics. Appendix B: Budget Constraint Analysis and Indifference Curve Analysis. 19: Production and Costs. Part 7: PRODUCT MARKETS AND POLICIES. 20: Perfect Competition. 21: Monopoly. 22: Monopolistic Competition, Oligopoly, and Game Theory. 23: Government and Product Markets: Antitrust and Regulation. Part 8: FACTOR MARKETS AND RELATED ISSUES. 24: Factor Markets: With Emphasis on the Labor Market. 25: Wages, Unions, and Labor. 26: The Distribution of Income and Poverty. 27: Interest, Rent, and Profit. Part 9: MARKET FAILURE AND PUBLIC CHOICE. 28: Market Failure: Externalities, Public Goods, and Asymmetric Information. 29: Public Choice: Economic Theory Applied to Politics The Global Economy. Part 10: INTERNATIONAL ECONOMICS AND GLOBALIZATION. 30: International Trade. 31: International Finance. 32: Globalization Practical Economics. Part 11: FINANCIAL MATTERS. 33: Stocks, Bonds, Futures, and Options. 34: Agriculture: Farmers' Problems, Government Policies, and Unintended Effects. 35: International Impacts on the Macro Economy. Appendix C: Should You Major in Economics? Self-Test Appendix. Glossary. Index. Online Chapters.

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