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Contemporary economics : an applications approach / Robert J. Carbaugh

By: Carbaugh, Robert J.
Publisher: Cincinnati, Ohio : South-Western College Publishing, c2001Description: xxv, 626 p. ; 23 cm.ISBN: 0324002165.Subject(s): Economics | United States -- Economic conditionsDDC classification: 330
Contents:
Pt. 1. Introduction. 1. Scarcity and choice. - Pt. 2. The microeconomy. 2. Market transaction : demand and supply analysis. 3. Demand and supply application. 4. Production and the costs of production. 5. Competition and monopoly : virtues and vices. 6. Imperfect competition. 7. Government and markets. 8. Labor Markets. - Pt. 3. The macroeconomy. 9. The mixed economy of the United States. 10. Gross domestic product and economic growth. 11. The business cycle, unemployment, and inflation. 12. Macroeconomic instability : aggregate demand and aggregate supply. 13. Fiscal policy and the federal budget. 14. Money and the banking systems. 15. The federal reserve and monetory policy. - Pt. 4. The international economy. 16. The United States and the global economy. 17. International Finance. - Glossary. - Index.
Summary: "Introducing Contemporary Economics by Robert Carbaugh, the text that brings the real world of introductory economics directly into the classroom. This text clearly presents economic theory and weaves real-world applications and cases into all theoretical discussions, making economic concepts more realistic and easier for students to grasp." - Back cover.
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Pt. 1. Introduction. 1. Scarcity and choice. - Pt. 2. The microeconomy. 2. Market transaction : demand and supply analysis. 3. Demand and supply application. 4. Production and the costs of production. 5. Competition and monopoly : virtues and vices. 6. Imperfect competition. 7. Government and markets. 8. Labor Markets. - Pt. 3. The macroeconomy. 9. The mixed economy of the United States. 10. Gross domestic product and economic growth. 11. The business cycle, unemployment, and inflation. 12. Macroeconomic instability : aggregate demand and aggregate supply. 13. Fiscal policy and the federal budget. 14. Money and the banking systems. 15. The federal reserve and monetory policy. - Pt. 4. The international economy. 16. The United States and the global economy. 17. International Finance. - Glossary. - Index.

"Introducing Contemporary Economics by Robert Carbaugh, the text that brings the real world of introductory economics directly into the classroom. This text clearly presents economic theory and weaves real-world applications and cases into all theoretical discussions, making economic concepts more realistic and easier for students to grasp." - Back cover.