Description
Cengage Economics Private and Public Choice 2017 Edition by Russell Sobel, Richard Stroup, David MacPherson
Learn how to apply economic concepts to today's real world as ECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date text analyzes and explains measures of economic activity in today's market. It also highlights the recession of 2008-2009 and dispels common economic myths. The book uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. This edition even includes online learning solutions, such as Aplia, to improve your learning. Graphing tutorials and videos embedded within the interactive reader support your work and improve your performance._x000D_ Table of Contents :- _x000D_
Part I: THE ECONOMIC WAY OF THINKING._x000D_
1. The Economic Approach._x000D_
2. Some Tools of the Economist._x000D_
Part II: MARKETS AND GOVERNMENT._x000D_
3. Demand, Supply, and the Market Process._x000D_
4. Supply and Demand: Applications and Extensions._x000D_
5. Difficult Cases for the Market, and the Role of Government._x000D_
6. The Economics of Political Action._x000D_
Part III: CORE MACROECONOMICS._x000D_
7. Taking the Nation's Economic Pulse._x000D_
8. Economic Fluctuations, Unemployment, and Inflation._x000D_
9. An Introduction to Basic Macroeconomic Markets._x000D_
10. Dynamic Change, Economic Fluctuations, and the AD--AS Model._x000D_
11. Fiscal Policy: The Keynesian View and the Historical Development of Macroeconomics._x000D_
12. Fiscal Policy: Incentives, and Secondary Effects._x000D_
13. Money and the Banking System._x000D_
14. Modern Macroeconomics and Monetary Policy._x000D_
15. Stabilization Policy, Output, and Employment._x000D_
16. Creating an Environment for Growth and Prosperity._x000D_
17. Institutions, Policies, and Cross-Country Differences in Income and Growth._x000D_
Part IV: INTERNATIONAL ECONOMICS._x000D_
18. Gaining from International Trade._x000D_
19. International Finance and the Foreign Exchange Market._x000D_
Part V: CORE MICROECONOMICS._x000D_
20. Consumer Choice and Elasticity._x000D_
21. Costs and the Supply of Goods._x000D_
22. Price Takers and the Competitive Process._x000D_
23. Price-Searcher Markets with Low Entry Barriers._x000D_
24. Price-Searcher Markets with High Entry Barriers._x000D_
25. The Supply of and Demand for Productive Resources._x000D_
26. Earnings, Productivity, and the Job Market._x000D_
27. Investment, the Capital Market, and the Wealth of Nations._x000D_
28. Income Inequality and Poverty._x000D_
Part VI: APPLYING THE BASICS: SPECIAL TOPICS IN ECONOMICS._x000D_
Special Topic 1. Government Spending and Taxation._x000D_
Special Topic 2. The Economics of Social Security._x000D_
Special Topic 3. The Stock Market: Its Function, Performance, and Potential as an Investment Opportunity._x000D_
Special Topic 4. Great Debates in Economics: Keynes versus Hayek._x000D_
Special Topic 5. The Crisis of 2008: Causes and Lessons for the Future._x000D_
Special Topic 6. Lessons from the Great Depression._x000D_
Special Topic 7. The Federal Budget and the National Debt._x000D_
Special Topic 8. The Economics of Health Care._x000D_
Special Topic 9. Earnings Differences Between Men and Women._x000D_
Special Topic 10. Do Labor Unions Increase the Wages of Workers?_x000D_
Special Topic 11. The Question of Resource Exhaustion._x000D_
Special Topic 12. Difficult Environmental Cases and the Role of Government._x000D_
Appendix A. General Business and Economics Indicators for the United States._x000D_
Appendix B. Answers to Selected Critical Analysis Questions._x000D_