Contemporary Economics
ISBN: 9780538444958 | 0538444959
Edition: 2ndFormat: Hardcover
Publisher: Cengage Learning
Pub. Date: 12/21/2006
Why Rent from Knetbooks?
Because Knetbooks knows college students. Our rental program is designed to save you time and money. Whether you need a textbook for a semester, quarter or even a summer session, we have an option for you. Simply select a rental period, enter your information and your book will be on its way!
Top 5 reasons to order all your textbooks from Knetbooks:
- We have the lowest prices on thousands of popular textbooks
- Free shipping both ways on ALL orders
- Most orders ship within 48 hours
- Need your book longer than expected? Extending your rental is simple
- Our customer support team is always here to help
Bring economics to life with rich, practical examples that make concepts clear and intriguing. CONTEMPORARY ECONOMICS blends economic expertise and educational insights with comprehensive content, sound instructional design, and extensive print and media teaching tools. This new edition now includes two chapters covering personal finance, including information on managing money and being a responsible consumer.
| National Content Standards in Economies | p. xxiv |
| Reading Skills | p. xxvi |
| Introduction to Economics | p. 2 |
| What Is Economics? | p. 4 |
| The Economic Problem | p. 5 |
| Economic Theory | p. 10 |
| Opportunity Cost and Choice | p. 19 |
| Chapter Assessment | p. 28 |
| Economic Systems and Economic Tools | p. 32 |
| Economic Questions and Economic Sys... MORE | p. 33 |
| Production Possibilities Frontier | p. 41 |
| Comparative Advantage | p. 50 |
| Chapter Assessment | p. 56 |
| U.S. Private and Public Sectors | p. 60 |
| The U.S. Private Sector | p. 61 |
| Regulating the Private Sector | p. 68 |
| Public Goods and Externalities | p. 75 |
| Providing a Safety Net | p. 82 |
| Chapter Assessment | p. 90 |
| The Market Economy | p. 96 |
| Demand | p. 98 |
| The Demand Curve | p. 99 |
| Elasticity of Demand | p. 107 |
| Changes in Demand | p. 116 |
| Chapter Assessment | p. 124 |
| Supply | p. 128 |
| The Supply Curve | p. 129 |
| Shifts of the Supply Curve | p. 138 |
| Production and Cost | p. 145 |
| Chapter Assessment | p. 156 |
| Market Forces | p. 160 |
| Price, Quantity, and Market Equilibrium | p. 161 |
| Shifts of Demand and Supply Curves | p. 167 |
| Market Efficiency and Gains from Exchange | p. 176 |
| Chapter Assessment | p. 184 |
| Market Structure | p. 188 |
| Perfect Competition and Monopoly | p. 189 |
| Monopolistic Competition and Oligopoly | p. 199 |
| Antitrust, Economic Regulation, and Competition | p. 206 |
| Chapter Assessment | p. 214 |
| Market Institutions | p. 218 |
| Businesses | p. 220 |
| Entrepreneurs | p. 221 |
| Sole Proprietorships and Partnerships | p. 229 |
| Corporations and Other Organizations | p. 237 |
| Chapter Assessment | p. 246 |
| Labor Markets | p. 250 |
| Demand and Supply of Resources | p. 251 |
| Wage Determination | p. 262 |
| Labor Unions | p. 269 |
| Chapter Assessment | p. 278 |
| Financial Markets and Business Growth | p. 282 |
| Production, Consumption, and Time | p. 283 |
| Banks, Interest, and Corporate Finance | p. 290 |
| Business Growth | p. 299 |
| Chapter Assessment | p. 308 |
| The National Economy | p. 312 |
| Economic Performance | p. 314 |
| Estimating Gross Domestic Product (GDP) | p. 315 |
| Limitations of GDP Estimation | p. 322 |
| Business Cycles | p. 329 |
| Aggregate Demand and Aggregate Supply | p. 337 |
| Chapter Assessment | p. 346 |
| Economic Growth | p. 350 |
| The PPF, Economic Growth, and Productivity | p. 351 |
| Living Standards and Labor Productivity Growth | p. 360 |
| Issues of Technological Change | p. 368 |
| Chapter Assessment | p. 376 |
| Economic Challenges | p. 380 |
| Unemployment | p. 381 |
| Inflation | p. 391 |
| Economic Instability | p. 397 |
| Poverty | p. 406 |
| Chapter Assessment | p. 414 |
| Public Policy and the National Economy | p. 418 |
| Government Spending, Revenue, and Public Choice | p. 420 |
| Public Goods and Taxation | p. 421 |
| Federal, State, and Local Budgets | p. 429 |
| Economics of Public Choice | p. 439 |
| Chapter Assessment | p. 446 |
| Fiscal Policy, Deficits, and Debt | p. 450 |
| The Evolution of Fiscal Policy | p. 451 |
| Fiscal Policy Reconsidered | p. 460 |
| Federal Deficits and Federal Debt | p. 467 |
| Chapter Assessment | p. 476 |
| Money and Banking | p. 480 |
| Origins of Money | p. 481 |
| Origins of Banking and the Federal Reserve System | p. 488 |
| Money, Near Money, and Credit Cards | p. 497 |
| Chapter Assessment | p. 506 |
| Money Creation, the Federal Reserve System, and Monetary Policy | p. 510 |
| How Banks Work | p. 511 |
| Monetary Policy in the Short Run | p. 517 |
| Monetary Policy in the Long Run | p. 528 |
| Chapter Assessment | p. 536 |
| The International Economy | p. 540 |
| International Trade and Finance | p. 542 |
| Benefits of Trade | p. 543 |
| Trade Restrictions and Free-Trade Agreements | p. 549 |
| Balance of Payments | p. 557 |
| Foreign Exchange Rates | p. 564 |
| Chapter Assessment | p. 572 |
| Economic Development | p. 576 |
| Developing Economies and Industrial Market Economies | p. 577 |
| Foreign Trade, Foreign Aid, and Economic Development | p. 587 |
| Rules of the Game, Transition Economies, and Convergence | p. 593 |
| Chapter Assessment | p. 602 |
| Personal Financial Literacy | p. 606 |
| Consumer Responsibilities and Protections | p. 608 |
| Consumer Choice | p. 609 |
| Using Credit Responsibly | p. 617 |
| Consumer Protection | p. 627 |
| Chapter Assessment | p. 636 |
| Managing Your Money | p. 640 |
| Saving | p. 641 |
| Investing | p. 650 |
| Insurance | p. 660 |
| Chapter Assessment | p. 666 |
| Economic Data | p. 670 |
| Glossary | p. 680 |
| Spanish Glossary | p. 693 |
| Index | p. 708 |
| Table of Contents provided by Ingram. All Rights Reserved. |
