The Economy Today
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Product details:
- Edition number 11
- Publisher McGraw-Hill Higher Education
- Date of Publication 1 November 2007
- ISBN 9780071283502
- Binding Paperback
- No. of pages pages
- Size 279x203x35 mm
- Weight 2087 g
- Language English 0
Categories
Long description:
Brad Schiller's text, The Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes 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. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters with the facts of economic life—real stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework.
Schiller, 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of today’s issues.
Table of Contents:
Part 1 The Economic Challenge
1 Economics: The Core Issues
Appendix: using Graphs
2 The U.S. Economy: A Global View
3 Supply and Demand
4 The Public Sector
Part 2 Measuring Macro Outcomes
5 National-Income Accounting
6 Unemployment
7 Inflation
Part 3 Cyclical Instability
8 The Business Cycle
9 Aggregate Demand
Appendix: The Keynesian Cross
10 Self-Adjustment or Instability?
Part 4 Fiscal Policy Levers
11 Fiscal Policy
12 Deficits, Surpluses, and Debt
Part 5 Monetary Policy Options
13 Money and Banks
14 The Federal Reserve System
15 Monetary Policy
Part 6 Supply-Side Options
16 Supply-Side Policy: Short-run Options
17 Growth and Productivity: Long-run Possibilities
Part 7 Policy Constraints
18 Global Macro
19 Theory versus Reality
Part 8 Product Markets: The Basics
20 Consumer Demand
Appendix: Indifference Curves
21 The Costs of Production
Part 9 Market Structure
22 The Competitive Firm
23 Competitive Markets
24 Monopoly
25 Oligopoly
26 Monopolistic Competition
Part 10 Regulatory Issues
27 (De)Regulation of Business
28 Environmental Protection
29 The Farm Problem
Part 11 Factor Markets: Basic Theory
30 The Labor Market
31 Labor Unions
32 Financial Markets
Part 12 Distributional Issues
33 Taxes: Equity versus Efficiency
34 Transfer Payments: Welfare and Social Security
Part 13 International Economics
35 International trade
36 International Finance
37 Global Poverty
Glossary
Index
Reference Tables
