The Economy Today / Edition 13

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Overview

Clear. Current. Connected to Today's Student. Schiller, The Economy Today, 13e, is noted for three great strengths: readability, policy orientation, and pedagogy. The accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasises how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasises the markets vs. government dilemma. The authors teach economics in a relevant context, filling chapters with the real facts and applications of economic life. Schiller is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework

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Product Details

  • ISBN-13: 9780073523217
  • Publisher: McGraw-Hill Higher Education
  • Publication date: 1/9/2012
  • Edition number: 13
  • Pages: 912
  • Sales rank: 227,644
  • Product dimensions: 8.70 (w) x 11.00 (h) x 1.40 (d)

Table of Contents

Preface
Ch. 1 An Overview 3
Ch. 2 The U.S. Economy 33
Ch. 3 Supply and Demand 54
Ch. 4 The Public Sector 80
Ch. 5 National-Income Accounting 105
Ch. 6 Unemployment 125
Ch. 7 Inflation 143
Ch. 8 The Business Cycle 166
Ch. 9 Aggregate Spending 191
Ch. 10 Potential Instability 216
Ch. 11 Fiscal Policy 237
Ch. 12 Deficits and Debt 258
Ch. 13 Money and Banks 284
Ch. 14 The Federal Reserve System 305
Ch. 15 Monetary Policy 322
Ch. 16 Supply-Side Policy: Short-Run Options 348
Ch. 17 Growth and Productivity: Long-Run Possibilities 370
Ch. 18 Global Macro 391
Ch. 19 Theory and Reality 408
Ch. 20 The Demand for Goods 439
Ch. 21 The Costs of Production 474
Ch. 22 The Competitive Firm 502
Ch. 23 Competitive Markets 529
Ch. 24 Monopoly 553
Ch. 25 Oligopoly 576
Ch. 26 Monopolistic Competition 603
Ch. 27 (De)Regulation of Business 617
Ch. 28 Environmental Protection 637
Ch. 29 The Farm Problem 658
Ch. 30 The Labor Market 675
Ch. 31 Labor Unions 699
Ch. 32 Rent, Interest, and Profit 718
Ch. 33 Taxes: Equity vs. Efficiency 733
Ch. 34 Work vs. Welfare 750
Ch. 35 International Trade 767
Ch. 36 International Finance 795
Ch. 37 International Development 817
Ch. 38 The Collapse of Communism: Russia and Cuba 838
Glossary G-1
Index I-1
Problem Set P-1
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