EconomicsLet Roger Arnold's ECONOMICS be your partner for success. With innovative new pedagogical features, increased coverage of globalization, easy customization, and fully integrated digital and course management options, ECONOMICS is the perfect solution for any classroom. Packed with intriguing pop culture examples, the text bolsters student interest by illustrating the unexpected places economics occurs, and how economic forces link events to our lives. The ninth edition is integrated with powerful resources, such as Aplia and the Tomlinson videos, which enable instructors to teach what they want, how they want. These resources also provide unsurpassed planning and management tools, like homework that is automatically assigned, graded, and recorded online. With new content reflecting a changing economy, and new resources addressing the needs of a changing classroom, ECONOMICS 9e is an ideal text for Principles courses. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version. |
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Contents
What Economics Is About | 1 |
Economic Activities Producing and Trading | 33 |
Supply and Demand Theory | 53 |
Supply and Demand Applications | 91 |
Macroeconomic Measurements Part I Prices and Unemployment | 113 |
Macroeconomic Measurements Part II GDP and Real GDP | 133 |
Aggregate Demand and Aggregate Supply | 156 |
The SelfRegulating Economy | 184 |
Perfect Competition | 458 |
Monopoly | 485 |
Monopolistic Competition Oligopoly and Game Theory | 508 |
Government and Product Markets Antitrust and Regulation | 534 |
Factor Markets With Emphasis on the Labor Market | 557 |
Wages Unions and Labor | 582 |
The Distribution of Income and Poverty | 601 |
Interest Rent and Profit | 623 |
Economic Instability A Critique of the SelfRegulating Economy | 203 |
Fiscal Policy and the Federal Budget | 229 |
Money and Banking | 250 |
The Federal Reserve System | 270 |
Money and the Economy | 284 |
Monetary Policy | 311 |
Expectations Theory and the Economy | 333 |
Economic Growth | 354 |
Elasticity | 375 |
Consumer Choice Maximizing Utility and Behavioral Economics | 402 |
Production and Costs | 428 |
Market Failure Externalities Public Goods and Asymmetric Information | 642 |
Public Choice Economic Theory Applied to Politics | 668 |
International Trade | 689 |
International Finance | 708 |
Globalization and International Impacts on the Economy | 737 |
Stocks Bonds Futures and Options | 765 |
SelfTest Appendix | 786 |
Glossary | 806 |
816 | |
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Common terms and phrases
additional aggregate demand amount answer average bank benefits bond buyers chapter competitive consider consumers consumption cost currency decrease demand curve discuss dollar earn economists economy effect elasticity equal equilibrium example exchange rate Exhibit exists expected Explain factor falls firm foreign funds gives greater growth higher illustrate imports income increase individuals industry inflation interest interest rate investment labor less look lower marginal means million money supply move natural output percent percentage person prefer price level produce profits purchase quantity demanded question ratio Real GDP receive relative represents reserves result rises sell sellers shifts short short-run shows simply spending SRAS supply curve Suppose surplus theory things trade unemployment rate union units utility wage