Description
MC GRAW HILL Economy Today 15Th Edition by Karen Gebhardt
The Economy Today is noted for three great strengths: readability, policy orientation, and effective pedagogy. The accessible writing style engages students and brings 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. These strategic trade-offs are highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the market vs. government dilemma.The authors teach economics in a relevant context, filling chapters with the real facts and applications of economic life. Schiller is also the only principle text that presents all macro theory in the single consistent context of the AS/AD framework and uniquely features a full supply-side economics chapter.The Economy Today, 15th edition, is thoroughly integrated with adaptive digital tools and dynamic interactive resources available in Connect--proven to increase student engagement and success. Part 1: The Economic ChallengeChapter 1: Economics: The Core IssuesAppendix: Using GraphsChapter 2: The U.S Economy: A Global ViewChapter 3: Supply and DemandChapter 4: The Role of GovernmentMACROPart 2: Measuring Macro OutcomesChapter 5: National Income AccountingChapter 6: UnemploymentChapter 7: InflationPart 3: Cyclical InstabilityChapter 8: The Business CycleChapter 9: Aggregate DemandAppendix: The Keynesian CrossChapter 10: Self-Adjustment or Instability? Part 4: Fiscal Policy ToolsChapter 11: Fiscal PolicyChapter 12: Deficits and DebtPart 5: Monetary Policy OptionsChapter 13: Money and BanksChapter 14: The Federal Reserve SystemChapter 15: Monetary PolicyPart 6: Supply-Side OptionsChapter 16: Supply-Side Policy: Short-Run OptionsChapter 17: Growth and Productivity: Long-Run PossibilitiesPart 7: Policy ConstraintsChapter 18: Theory Versus RealityMICROPart 8: Product Markets: The BasicsChapter 19: Consumer ChoiceAppendix: Indifference CurvesChapter 20: ElasticityChapter 21: The Costs of ProductionPart 9: Market StructureChapter 22: The Competitive FirmChapter 23: Competitive MarketsChapter 24: MonopolyChapter 25: OligopolyChapter 26: Monopolistic CompetitionPart 10: Regulatory IssuesChapter 27: Natural Monopolies: (De)regulation?Chapter 28: Environmental ProtectionChapter 29: The Farm ProblemPart 11: Factor Markets: Basic TheoryChapter 30: The Labor MarketChapter 31: Labor UnionsChapter 32: Financial MarketsPart 12: Distributional IssuesChapter 33: Taxes: Equity Versus EfficiencyChapter 34: Transfer Payments: Welfare and Social SecurityINTERNATIONALPart 13: International EconomicsChapter 35: International TradeChapter 36: International FinanceChapter 37: Global Poverty