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Overview

Economics Today addresses real, cutting-edge issues and brings economic concepts to life. The text illustrates how economics is front and center in your daily routine, connecting key concepts to real-life experiences. It also provides you with ways to evaluate your understanding of the material, before moving on.The 20th Edition includes emphasis on behavioral economics, along with all-new problems and features that help you focus on the central ideas in economics today. With a brand new video program, you can visualize and understand key economic principles in a modern and engaging way.

Published by Pearson (July 9th 2020) – Copyright © 2021
ISBN-13: 9780136714101
Subject: Economics
Category: Principles of Economics

PART 1: 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

PART 2: INTRODUCTION TO MACROECONOMICS AND ECONOMIC GROWTH

The Macroeconomy: Unemployment, Inflation, and Deflation
Measuring the Economy’s Performance
Global Economic Growth and Development

PART 3: 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

PART 4: MONEY, STABILIZATION, AND GROWTH

Money, Banking, and Central Banking
Domestic and International Dimensions of Monetary Policy
Stabilization in an Integrated World Economy
Policies and Prospects for Global Economic Growth

PART 5: DIMENSIONS OF MICROECONOMICS

Demand and Supply Elasticity
Consumer Choice
Rents, Profits, and the Financial Environment of Business

PART 6: 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

PART 7: LABOR RESOURCES AND THE ENVIRONMENT

The Labor Market
Income, Poverty, and Health Care
Environmental Economics

PART 8: GLOBAL ECONOMICS

Comparative Advantage and the Open Economy
Exchange Rates and the Balance of Payments

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(eBook) (PDF) Economics Today, 20th edition