Synopses & Reviews
ESSENTIALS OF ECONOMICS, SECOND EDITION offers students a lively, back-to-the-basics approach designed to take the intimidation out of economics. With its short, self-contained learning units and its carefully chosen pedagogy, graphs, and photos, this text will help students? master and retain the principles of economics. In addition, the current events focus and modular format of presenting information makes Essentials of Economics a very student-accessible and user-friendly text. Driven by his over 20 years of experience teaching the economics principles course, Bob Sexton?s dedication and enthusiasm shines through in ESSENTIALS OF ECONOMICS.
Review
The study guide sample questions at the end of each chapter were wonderful. The questions were good ones, rather clear, and tested important core material.
Synopsis
Learn economics the easy way with ESSENTIALS OF ECONOMICS! Designed to take the intimidation out of economics, this economics text will help you master and retain the principles of economics. Short learning units, a built-in study guide, graphs, photos, and numerous study aids found throughout the text make learning easy by saving you valuable time. Xtra! provides you with the additional content practice and exam review materials you need to be successful in the course.
About the Author
A professor of economics within Pepperdine's Seaver College, Robert Sexton is a graduate of California Lutheran College. He received his masters and PhD degrees from the University of Colorado.
He writes frequently for economic and business journals and is the author of nine books on economics, including his newly released Essentials of Economics published by South-Western/Thomason-Learning Publishers. Other notable works include Exploring Economics: A Pathway to Problem Solving, Exploring Microeconomics: A Pathway to Problem Solving, Exploring Macroeconomics: A Pathway to Problem Solving, and Microeconomics. His research spans American economic history, economic policy analysis, statutes and enforcement costs, public choice, regional economics, migration, and economic education.
Sexton has been a visiting professor at UCLA and was Pepperdine's 1991 Professor of the Year. Sexton's professional achievements have been recognized with the Howard A. White Memorial Teaching Award and the Luckman Distinguished Teaching Fellowship, and multiple Merit Acceleration Awards for excellence in teaching and research.
Table of Contents
1. The Role And Method Of Economics. 2. The Economic Way Of Thinking. 3. Scarcity, Trade-Offs, and Economic Growth. 4. Supply and Demand. 5. Bringing Supply and Demand Together. 6. Elasticities. 7. Market Efficiency and Welfare. 8. Externalities and Public Goods. 9. Production And Costs. 10. Perfect Competition. 11. Monopoly. 12. Monopolistic Competition and Oligopoly. 13. Supply and Demand in Labor Markets. 14. Unemployment, Inflation, and Economic Fluctuations. 15. Measuring a Nations Production, Income, and Spending. 16. Economic Growth in the Global Economy. 17. Aggregate Demand and Aggregate Supply Fiscal Policy. 18. Public Sector. 19. Money and the Banking System. 20. The Federal Reserve System and Monetary Policy. 21. International Trade.