Synopses & Reviews
Readable, practical, and interesting, SURVEY OF ECONOMICS, 9E gives you the tools needed to understand the impact of economics in your own world. This popular book presents the basics of economics in the context of real-world situations to show you how economic issues play out at national and international levels. This thoroughly updated, new edition addresses intriguing topics in today's economics, such as the federal deficit and national debt, income levels and fair pay for females, social networking sites, and gasoline prices. Interactive learning features and self-study tools guide you through the learning process and make studying easier. With the help of learning resources and online tools such as Aplia's™ homework solution, MindTap™ Personal Learning Experience, and Write Experience, SURVEY OF ECONOMICS, 9E provides a solid understanding of basic economic principles that equips you to make more informed decisions as both a professional and a consumer.
About the Author
Dr. Irvin B. Tucker has more than 30 years of experience teaching introductory economics at the University of North Carolina Charlotte. He earned his BS in economics at North Carolina State University and his MA and PhD in economics from the University of South Carolina. Dr. Tucker is the former director of the Center for Economic Education at the University of North Carolina at Charlotte and a longtime member of the National Council on Economic Education. Dr. Tucker is recognized for his ability to relate basic principles to economic issues and public policy. His work has received national recognition with awards from the Meritorious Levy 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, Dr. Tucker's research has been published in numerous professional journal articles on a wide range of topics, including industrial organization, entrepreneurship, and economics of education.
Table of Contents
Part I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix 1: 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 4: 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 and Income Distribution. Part III: THE MACROECONOMY AND FISCAL POLICY. 11. Gross Domestic Product. 12. Business Cycles and Unemployment. 13. Inflation. 14. Aggregate Demand and Supply. Appendix 14: 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 20: 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.