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Economics / Edition 5

Economics / Edition 5

by Roger A. Arnold


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Product Details

ISBN-13: 9780324072792
Publisher: South-Western
Publication date: 08/28/2000
Edition description: 5TH
Pages: 904

About the Author

Dr. Roger A. Arnold is Professor of Economics at California State University San Marcos, where his fields of specialization include general microeconomic theory and monetary theory. A widely respected authority on economic issues, Dr. Arnold is a regularly featured expert on talk radio discussing the state of the economy. He is also a proven author who has published numerous academic articles, hundreds of newspaper columns, as well as the popular ECONOMICS: NEW WAYS OF THINKING and principles of economics supplemental text, HOW TO THINK LIKE AN ECONOMIST. Dr. Arnold earned a B.S. in Economics from the University of Birmingham in England and received his M.A. and his Ph.D. degrees from Virginia Tech.

Table of Contents

AN INTRODUCTION TO ECONOMICS. PART ONE: ECONOMICS: THE SCIENCE OF SCARCITY. 1. What Economics is About. Appendix A: Working with Diagrams. 2. Trade, Tradeoffs, and Economics Systems. 3. Supply, Demand, and Price: The Theory. 4. Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior. MACROECONOMICS. PART TWO: MACROECONOMIC FUNDAMENTALS. 5. Macroeconomic Measurements, Part 1: Prices and Unemployment. 6. Macroeconomic Measurements, Part 2: GDP and Real GDP. PART THREE: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY. 7. Aggregate Demand and Aggregate Supply. 8. The Self-Regulating Economy. 9. Economic Instabilty: A Critique of the Self-Regulating Economy. 10. Fiscal Policy. 11. Taxes, Deficits, Surpluses, and the Public Debt. PART FOUR: MONEY, THE ECONOMY, AND MONETARY POLICY. 12. Money and Banking. 13. The Federal Reserve System. 14. Money and the Economy. 15. Monetary Policy. PART FIVE: EXPECTATIONS AND GROWTH. 16. Expectations Theory and the Economy. 17. Economic Growth: Resources, Technology, and Ideas. MICROECONOMICS. PART SIX: MICROECONOMIC FUNDAMENTALS. 18. Elasticity. 19. The Logic of Consumer Choice. Appendix B: Budget Constraint and Indifference Curve Analysis. 20. The Firm. 21. Production and Costs. PART SEVEN: PRODUCT MARKETS AND POLICIES. 22. Perfect Competition. 23. Monopoly. 24. Monopolistic Competition and Oligopoly. 25. Government and Product Markets: Antitrust and Regulation. 26. Agriculture: Farmers' Problems, Government Policies, and Unintended Effects. PART EIGHT: FACTOR MARKETS AND RELATED ISSUES. 27. Factor Markets: With Emphasis on the Labor Market.28. Wages, Unions, and Labor. 29. The Distribution of Income and Poverty. 30. Interest, Rent, and Profit. PART NINE: MARKET FAILURE AND PUBLIC CHOICE. 31. Market Failure: Externalities, Public Goods, and Asymmetric Information. 32. Public Choice: Economic Theory Applied to Politics. THE WORLD ECONOMY. PART TEN: INTERNATIONAL ECONOMICS: THEORY AND POLICY. 33. International Trade. 34. International Finance. 35. International Economic Development.

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