Study Guide to accompany Economics / Edition 17

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More About This Textbook


One of the world’s leading experts on economic education, William Walstad of the University of Nebraska-Lincoln, has prepared the seventeenth edition of the Study Guide. Many students find the Study Guide indispensable. Each chapter contains an introductory statement, a checklist of behavioral objectives, an outline, a list of important terms, fill-in questions, problems and projects, objective questions, and discussion questions. The answers to Economics’ end-of-chapter Key Questions appear at the end of the Study Guide, along with the text’s glossary. The Guide comprises a superb “portable tutor” for the principles student. Separate Study Guides are available for the macro and micro paperback editions of the text.

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Product Details

  • ISBN-13: 9780073273129
  • Publisher: McGraw-Hill Higher Education
  • Publication date: 12/11/2006
  • Edition description: Older Edition
  • Edition number: 17
  • Pages: 496
  • Product dimensions: 8.50 (w) x 10.80 (h) x 0.83 (d)

Table of Contents

How to Use the Study Guide to Learn Economics ix
PART ONE: Introduction to Economics and the Economy
1 Limits, Alternatives, and Choices 1
2 The Market System and the Circular Flow 19
3 Demand, Supply, and Market Equilibrium 29
4 The U.S. Economy: Private andPublic Sectors 41
5 The United States in the Global Economy 51
PART TWO: Macroeconomic Measurement and Basic Concepts
6 Measuring Domestic Output andNational Income 63
7 Introduction to Economic Growthand Instability 75
8 Basic Macroeconomic Relationships 85
PART THREE: Macroeconomic Models and Fiscal Policy
9 The Aggregate Expenditures Model 95
10 Aggregate Demand and Aggregate Supply 107
11 Fiscal Policy, Deficits, and Debt 121
PART FOUR: Money, Banking, and Monetary Policy
12 Money and Banking 133
13 Money Creation 141
14 Interest Rates and Monetary Policy 151
14 W Financial Economics(WEB CHAPTER, 165
PART FIVE: Long-Run Perspectives and Macroeconomic Debates
15 Extending the Analysis of AggregateSupply 175
16 Economic Growth 187
16 W The Economics of Developing Countries(WEB CHAPTER, 197
17 Disputes over Macro Theory and Policy 207
PART SIX: Microeconomics of Product Markets
18 Extensions of Demand andSupply Analysis 217
19 Consumer Behavior and UtilityMaximization 229
20 The Costs of Production 245
21 Pure Competition 257
22 Pure Monopoly 271
23 Monopolistic Competition and Oligopoly 283
24 Technology, R&D, and Efficiency 297
PART SEVEN: Microeconomics of Resource Markets
25 The Demand for Resources 307
26 Wage Determination 317
27 Rent,Interest, and Profit 329
27 W Natural Resource and Energy Economics(WEB CHAPTER, 339
PART EIGHT: Microeconomics of Government
28 Government and Market Failure 351
29 Public Choice Theory and theEconomics of Taxation 363
PART NINE: Microeconomic Issues and Policies
30 Antitrust Policy and Regulation 373
31 Agriculture: Economics and Policy 383
32 Income Inequality and Poverty 393
33 The Economics of Health Care 405
34 Labor Market Institutions and Issues:Unionism, Discrimination, Immigration 415
PART TEN: International Economics
35 International Trade 427
36 Exchange Rates, the Balance ofPayments, and Trade Deficits 439
Glossary 451

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