Economics Today Plus Myeconlab 2-semester Student Access Kit

Readers learn best when they see concepts applied to examples from their everyday lives. With an abundance of relentlessly current examples, Economics Today appeals to today's diverse population by presenting ideas clearly, at an accessible level, and in the context of newsworthy applications. Introduction: The Nature of Economics; Scarcity and the World of Trade-Offs; Demand and Supply; Extensions of Demand and Supply Analysis; Public Spending and Public Choice; Funding the Public Sector. Introduction to Macroeconomics and Economic Growth: The Macroeconomy: Unemployment and Inflation; Measuring the Economy's Performance; Global Economic Growth and Development. Real GDP Determination and Fiscal Policy: Real GDP and the Price Level in the Long Run; Classical and Keynesian Macro Analyses; Consumption, Real GDP, and the Multiplier; Fiscal Policy; Deficit Spending and the Public Debt. Money, Stabilization, and Growth: Money, Banking, and Central Banking; Money Creation, the Demand for Money, and Monetary Policy; Domestic and International Dimensions of Monetary Policy; Stabilization in an Integrated World Economy; Policies and Prospects for Global Economic Growth. Dimensions of Microeconomics: Demand and Supply Elasticity; Consumer Choice; Rents, Profits, and the Financial Environment of Business. Market Structure, Resource Allocation, and Regulation: The Firm: Cost and Output Determination; Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly and Strategic Behavior; Regulation and Antitrust Policy in a Globalized Economy. Labor Resources and the Environment: The Labor Market: Demand, Supply, and Outsourcing; Unions and Labor Market Monopoly Power; Income, Poverty, and Health Care; Environmental Economics. Global Economics: Comparative Advantage and the Open Economy; Exchange Rates and the Balance of Payments. For all readers interested in economics. Package consists of: 0321450787 / 9780321450784 MyEconLab with E-Book 2-semester Student Access Kit (valuepack item only) 0321571312 / 9780321571311 Economics Today