Wednesday, December 10, 2008

Microeconomics or Macroeconomics for Today

Microeconomics: Private and Public Choice

Author: James D Gwartney

ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elements—such as scenes from popular movies and applications of economic theory to real-world issues—to help you see how these theories apply to the world around you. Each chapter has been updated to reflect today's market, including analysis and explanation of measures of current economic activity. You'll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the "invisible hand" metaphor is applied to economic theory, demonstrating how it's working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, onli ne experiences, and more.

Booknews

This new edition of a microeconomics textbook is aimed at first and second year undergraduates and incorporates new material on entrepreneurialism, the Microsoft case, the California electricity crisis, and millionaires in America. Chapters are divided into sections covering the economic approach and tools of the economist; markets and governments; core microeconomics (e.g., demand and consumer choice, costs and the supply of goods, and earnings, productivity, and the job market); international economics; and selected advanced topics such as government spending and taxation. The CD-ROM contains animated presentations, interactive graphing exercises, and simulations. Annotation c. Book News, Inc., Portland, OR (booknews.com)



Table of Contents:

Part 1The Economic Way of Thinking1
Chapter 1The Economic Approach4
Chapter 2Some Tools of the Economist27
Part 2Markets and Governments53
Chapter 3Supply, Demand, and the Market Process56
Chapter 4Supply and Demand: Applications and Extensions86
Chapter 5The Economic Role of Government112
Chapter 6The Economics of Collective Decision Making130
Part 3Core Microeconomics153
Chapter 7Demand and Consumer Choice156
Chapter 8Costs and the Supply of Goods184
Chapter 9Price Takers and the Competitive Process210
Chapter 10Price-Searcher Markets with Low Entry Barriers233
Chapter 11Price-Searcher Markets with High Entry Barriers253
Chapter 12The Supply of and Demand for Productive Resources280
Chapter 13Earnings, Productivity, and the Job Market300
Chapter 14Investment, the Capital Market, and the Wealth of Nations318
Chapter 15Income Inequality and Poverty336
Part 4International Economics355
Chapter 16Gaining from International Trade359
Chapter 17International Finance and the Foreign Exchange Market383
Part 5Beyond the Basics407
Special Topic 1Government Spending and Taxation410
Special Topic 2The Internet: How Is it Changing the Economy?421
Special Topic 3The Economics of Social Security431
Special Topic 4The Stock Market: What Does It Do and How Has It Performed?442
Special Topic 5The Economic of Health Care455
Special Topic 6School Choice: Can It Improve the Quality of Education in America?467
Special Topic 7Is Discrimination Responsible for the Earnings Differences Between Men and Women?475
Special Topic 8Do Labor Unions Increase the Wag es of Workers?481
Special Topic 9How Does Government Regulation Affect Your Life?494
Special Topic 10Natural Resources and the Future505
Special Topic 11Economics and the Environment516
Appendix AGeneral Business and Economic Indicators527
Appendix BAnswers to Selected Critical Analysis Questions537
Glossary553
Credits561
Index563

Look this: Natures Perfect Food or Cases in Health Services Management

Macroeconomics for Today

Author: Irvin B Tucker

A concise text focusing on core concepts, Macroeconomics for Today, 3e includes a wealth of useful pedagogical features to provide opportunities for critical thinking, interactive reading, and built-in self-assessment. It also aids the visual learner by giving special attention to figures and graphs.

Booknews

A textbook for a two-term course explaining the basic operations of the US economy. Rather than taking an encyclopedic approach, Tucker (U. of North Carolina-Charlotte) focuses on the most important tool in economics for analyzing supply and demand and applies it to real-world economic issues. One of his goals is to simplify the confusing array of economic analyses that force students simply to memorize in order to pass the course. No date is noted for the first edition; the second includes online and Web exercises, Internet addresses of relevant sites, more on international economics, and new chapter summaries. Annotation c. Book News, Inc., Portland, OR (booknews.com)



Table of Contents:

PART I: INTRODUCTION TO ECONOMICS . 1. Introducing the Economic Way of Thinking. 2. Production Possibilities and Opportunity Cost. 3. Market Supply and Demand. 4. Markets in Action. PART II: MACROECONOMIC FUNDAMENTALS. 5. Gross Domestic Product. 6. Business Cycles and Unemployment. 7. Inflation. PART III: MACROECONOMIC THEORY AND POLICY. 8. The Keynesian Model. 9. The Keynesian Model in Action. 10. Aggregate Demand and Supply 11. Fiscal Policy. 12. The Public Sector. 13. Federal Deficits and the National Debt. PART IV: MONEY, BANKING, AND MONETARY POLICY. 14. Money and the Federal Reserve System. 15. Money Creation. 16. Monetary Policy. 17. The Phillips Curve and Expectations Theory. PART V: THE NTERNATIONAL ECONOMY. 18. International Trade and Finance 19. Comparative Economic Systems 20. Growth and the Less-Developed Countries.

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