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ISBN10: 1266837868 | ISBN13: 9781266837869
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POLICY-ORIENTED RELEVANCY, READABILITY, RELIABLILITY
The Economy Today has long been recognized as the most policy-oriented introduction to economics. The text begins by depicting the President of the United States as the “Economist in Chief” and mentions some of the policy decisions he confronts. Every chapter emphasizes that theme by highlighting and analyzing policy issues. Every edition continues to be updated to present the latest, most pressing policy issues.
The 17th edition is no exception, filled with the latest in economic trends, policy, and data, as well as examples using topics ripped from today’s headlines that will resonate with students and help them connect concepts they’re learning to the real-world and deepen their understanding in a way that they can relate to and is meaningful. The relevancy and readability of the 17th edition are reinforced with a variety of unique features, all-new questions and problems and robust integration with Connect. The authors have worked to ensure The Economy Today is tightly integrated with the adaptive digital tools and dynamic interactive resources available in Connect. Connect is proven to increase student engagement and success. For professors, there is also an updated instructor guide to bring new ideas to your course, no matter the format.
Chapter 1: Economics: The Core Issues
Appendix: Using Graphs
Chapter 2: The U.S. Economy: A Global View
Chapter 3: Supply and Demand
Chapter 4: The Role of Government
PART 2: MEASURING MACRO OUTCOMES
Chapter 5: National Income Accounting
Chapter 6: Unemployment
Chapter 7: Inflation
PART 3: CYCLICAL INSTABILITY
Chapter 8: The Business Cycle
Chapter 9: Aggregate Demand
Appendix: The Keynesian Cross
Chapter 10: Self-Adjustment or Instability?
PART 4: FISCAL POLICY TOOLS
Chapter 11: Fiscal Policy
Chapter 12: Deficits and Debt
PART 5: MONETARY POLICY OPTIONS
Chapter 13: Money and Banks
Chapter 14: The Federal Reserve System
Chapter 15: Monetary Policy
PART 6: SUPPLY-SIDE OPTIONS
Chapter 16: Supply-Side Policy: Short-Run Options
Chapter 17: Growth and Productivity: Long-Run Possibilities
PART 7: POLICY CONSTRAINTS
Chapter 18: Theory Versus Reality
PART 8: PRODUCT MARKETS: THE BASICS
Chapter 19: Consumer Choice
Appendix: Indifference Curves
Chapter 20: Elasticity
Chapter 21: The Costs of Production
PART 9: MARKET STRUCTURE
Chapter 22: The Competitive Firm
Chapter 23: Competitive Markets
Chapter 24: Monopoly
Chapter 25: Oligopoly
Chapter 26: Monopolistic Competition
PART 10: REGULATORY ISSUES
Chapter 27: Natural Monopolies: (De)Regulation?
Chapter 28: Environmental Protection
Chapter 29: The Farm Problem
PART 11: FACTOR MARKETS: BASIC THEORY
Chapter 30: The Labor Market
Chapter 31: Labor Unions
Chapter 32: Financial Markets
PART 12: DISTRIBUTIONAL ISSUES
Chapter 33: Taxes: Equity Versus Efficiency
Chapter 34: Transfer Payments: Welfare and Social Security
PART 13: INTERNATIONAL ECONOMICS
Chapter 35: International Trade
Chapter 36: International Finance
Chapter 37: Global Poverty
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