Straightforward and engaging, MACROECONOMICS FOR TODAY, 5E uses a unique textual and visual learning system to present, reinforce and test students comprehension while teaching them the basic concepts of economic principles and giving them the context to apply them in their everyday lives. This concise text focuses on core concepts, providing an extremely student friendly text that includes unparalleled pedagogy and teaching support. The new edition also includes CengageNOW, a powerhouse of online resources including custom designed learning paths for each student, lively videos, interactive assessments, testing tools, and much more. Engaging and easy to use, this book's fast-paced, action-packed approach explains all the essential concepts without being encyclopedic as it teaches students to apply basic economic principles to real-world issues.

Illustrated by colorful graphs, this textbook introduces the logic of economic analysis, the role of supply and demand in determining prices, measurement of national output and employment, the Federal Reserve system, monetary policy, and international finance. The fifth edition adds sections on consumer and producer surplus, and European trading in carbon emissions permits. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)

Straightforward and student-friendly, Tucker, MACROECONOMICS FOR TODAY, 6e is the most pedagogically-rich and engaging principles text on the market. Ideal for students of varying levels of skills and preparation, MACROECONOMICS FOR TODAY presents learners with the basics of economic principles and the context to apply them to their everyday lives. The sixth edition continues Tucker's tradition of using a unique textual and visual learning system to concisely present and reinforce core concepts, then assess student comprehension.

Irvin B. Tucker has over twenty years of experience teaching introductory economics at the University of North Carolina at Charlotte. He earned his B.S. in economics at N. C. State University and his M.A. and Ph.D. in economics from the University of South Carolina. Dr. Tucker is former Director of the Center for Economic Education at the University of North Carolina at Charlotte and longtime member of the National Council on Economic Education. He is recognized for his ability to relate basic principles to economic issues and public policy. His work has received national recognition by being awarded the Meritorious Leavy Award for Excellence in Private Enterprise Education, the Federation of Independent Business Award for Postsecondary Educator of the Year in Entrepreneurship and Economic Education, and the Freedom Foundation's George Washington Medal for Excellence in Economic Education. In addition, he has published numerous professional journal articles on a wide range of topics including studies of industrial organization, entrepreneurship, and sports economics. Dr. Tucker is also the author of the highly successful Economics for Today, third edition, a text for the two-semester principles of economics course, published by Thomson Business and Professional Publishing.

PART 1: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix: Applying Graphs to Economics. 2. Production Possibilities, Opportunity Cost, and Economic Growth. PART 2: MICROECONOMIC FUNDAMENTALS. 3. Market Supply and Demand. Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency. 4. Markets in Action. Appendix: Applying Supply and Demand Analysis to Health Care. 5. Gross Domestic Product. Appendix: A Four-Sector Circular Flow Model. 6. Business Cycles and Unemployment. 7. Inflation. PART 3: MACROECONOMIC THEORY AND POLICY. 8. The Keynesian Model. 9 The Keynesian Model in Action. 10Aggregate Demand and Supply. Appendix: The Self-Correcting Aggregate Demand and Supply Model. 11. Fiscal Policy. 12. The Public Sector. 13. Federal Deficits, Surpluses, and the National Debt. PART 4: MONEY, BANKING, AND MONETARY POLICY. 14. Money and the Federal Reserve System. 15. Money Creation. 16. Monetary Policy. Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model. 17. The Phillips Curve and Expectations Theory. PART 5: THE INTERNATIONAL ECONOMY. 18. International Trade and Finance. 19. Economies in Transition. 20. Growth and the Less-Developed Countries. Appendix A: Answers to Odd-Numbered Study Questions and Problems. Appendix B: Answers to Practice Quizzes. Glossary. Index.