Description
Book SynopsisDiscover the tools you need to understand the impact of economics in today's world with SURVEY OF ECONOMICS, 11E by award-winning educator Irvin Tucker. Readable, practical and interesting, this edition uses a unique textual and visual learning system to present and clarify core economic concepts in a real-world context. You examine key principles of economics at work in your daily life as well as throughout the nation and world. Updated, interactive learning features and self-study tools guide your learning and make review easier. The latest edition of this engaging, popular book addresses emerging topics in today's economics, such as economic careers, the federal deficit and national debt, income levels and fair pay for females, social networking and environmental issues. MindTap digital resources provide a further personalized learning experience that equips you with the understanding of economics you need to make informed decisions as a professional and consumer.
Table of ContentsPart I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix: Applying Graphs to Economics. 2. Production Possibilities, Opportunity Cost, and Economic Growth. Part II: THE MICROECONOMY. 3. Market Demand and Supply. 4. Markets in Action. Appendix: Applying Supply and Demand Analysis to Health Care. 5. Price Elasticity of Demand. 6. Production Costs. 7. Perfect Competition. 8. Monopoly. 9. Monopolistic Competition and Oligopoly. 10. Labor Markets. Part III: THE MACROECONOMY AND FISCAL POLICY. 11. Gross Domestic Product. 12. Business Cycles and Unemployment. 13. Inflation. 14. Aggregate Demand and Supply. Appendix: The Self-Correcting Aggregate Demand and Supply Model. 15. Fiscal Policy. 16. The Public Sector. 17. Federal Deficits, Surpluses, and the National Debt. Part IV: MONEY, BANKING, AND MONETARY POLICY. 18. Money and the Federal Reserve System. 19. Money Creation. 20. Monetary Policy. Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model. Part V: THE INTERNATIONAL ECONOMY. 21. International Trade and Finance. 22. Economies in Transition. 23. Growth and the Less-Developed Countries. Appendix A: Answers to Odd-Numbered Study Questions and Problems. Appendix B: Answers to Practice Quizzes. Appendix C: Answers to Road Map Questions. Glossary. Index.
