Synopses & Reviews
Brad Schiller's text, The Economy Today, 9/e, is noted for its 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, not fables. This is a book that teaches economics in a relevant context and with careful pedagogy.Schiller 9e 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 todays issues.
Table of Contents
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Part 1: Basic Concepts 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 Options 11: Fiscal Policy 12: Surpluses, Deficits, and Debts 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 and Reality Part 8: Product Markets: The Basics 20: The Demand for Goods 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 vs. Efficiency 34: Transfer Payments: Welfare and Social Security Part 13: International Economics 35: International Trade 36: International Finance Glossary Index\n
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