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Economics

ISBN-10: 032423662X
ISBN-13: 9780324236620
Edition: 7th 2005
Authors: Roger A. Arnold
List price: $358.95
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Description: Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics and microeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key  More...

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Book details

List price: $358.95
Edition: 7th
Copyright year: 2005
Publisher: Cengage South-Western
Publication date: 12/23/2004
Binding: Hardcover
Pages: 864
Size: 8.75" wide x 10.00" long x 1.50" tall
Weight: 3.982
Language: English

Offering a unique blend of solid theoretical content and student accessibility, this text: 1) covers all the basics of macroeconomics and microeconomics, 2) gives students a clear idea of how economists think about the world, 3) stresses the key concepts in economics, and 4) is extremely rich in intriguing applications that convey the prevalence of economics in everyday life. Many principles instructors are constantly challenged with the goal of getting students excited about realization that economics is everywhere! Arnold has taken this to another level. He is so passionate about touching his students that he felt the need to write a principles book that is dedicated to opening the science of economics through the pictures and applications of our lives. Arnold is considered the most innovative author in this market to meet the fast pace interests of both instructors and students. His five themes of Theory and Model building, Key Concepts, Primary and Secondary Consequences, Real-World Applications, and the idea that Economics is about gifts, exchanges, and transfers, set the tone for a teaching text that is extremely approachable by instructors and students.

Dr. Roger A. Arnold is Professor of Economics at California State University San Marcos, where his fields of specialization include general microeconomic theory and monetary theory. A widely respected authority on economic issues, Dr. Arnold is a regularly featured expert on talk radio discussing the state of the economy. He is also a proven author, who has written numerous academic articles, hundreds of newspaper columns, as well as the popular ECONOMICS: NEW WAYS OF THINKING and principles of macroeconomics supplementary text, HOW TO THINK LIKE AN ECONOMIST. Dr. Arnold has been a member of the economics faculty at California State University Northridge, University of Oklahoma, Hillsdale College, University of Nevada Las Vegas, and California State University San Marcos. He served as chair of the economics department for two years at University of Nevada Las Vegas and for seven years at California State University San Marcos. He is currently chair of the economics department at California State University San Marcos. During his tenure at UNLV he was regularly one of the top five finalists for the teacher of the year honor (in the College of Business and Economics), and in 1987 he received the best researcher of the year award. Dr. Arnold earned a B.S. in Economics in 1974 from the University of Birmingham in England and received his M.A. in 1976 and his Ph.D. in 1979 from Virginia Polytechnic Institute and State University.

Economics: The Science Of Scarcity
What Economics is About
Working with Diagrams
Economic Activities: Producing and Trading
Supply and Demand: Theory
Supply and Demand: Practice Macroeconomics
Macroeconomic Fundamentals
Macroeconomic Measurements
Prices and Unemployment
Macroeconomic Measurements
GDP and Real GDP
Macroeconomic Stability, Instability, And Fiscal Policy
Aggregate Demand and Aggregate Supply
The Self-Regulating Economy
Economic Instability: A Critique of the Self-Regulating Economy
The Federal Budget and Fiscal Policy
Money , The Economy And Monetary Policy
Money and Banking
The Federal Reserve System
Money and the Economy
Monetary Policy
Expectations And Growth
Expectations Theory and the Economy
Economic Growth Microeconomics
Microeconomic Fundamentals
Elasticity
Consumer Choice: Maximizing Utility and Behavioral Economics
Budget Constraint Analysis and Indifference Curve Analysis
Production and Costs
Product Markets And Policies
Perfect Competition
Monopoly
Monopolistic Competition, Oligopoly, and Game Theory
Government and Product Markets: Antitrust and Regulation
Factor Markets And Related Issues
Factor Markets: With Emphasis on the Labor Market
Wages, Unions, and Labor
The Distribution of Income and Poverty
Interest, Rent, and Profit
Market Failure And Public Choice
Market Failure: Externalities, Public Goods, and Asymmetric Information
Public Choice: Economic Theory Applied to Politics The Global Economy
International Economics And Globalization
International Trade
International Finance
Globalization Practical Economics
Financial Matters
Stocks, Bonds, Futures, and Options
Should You Major in Economics?
Self-Test
Appendix
Glossary
Index Online Chapters
Agriculture: Farmers' Problems, Government Policies, and Unintended Effects
International Impacts on the Macro Economy

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