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Understanding Modern Economics

ISBN-10: 0321197534

ISBN-13: 9780321197535

Edition: 2005

Authors: Roger LeRoy Miller

List price: $236.40
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Description:

Understanding Modern Economics is a fresh approach to the survey of economics course, blending just the right amount of theory with dozens of real-world examples to give students the key to modern economic reasoning. Miller's proven methodology harnesses the power of current events and issues to spark students' interest and pave the way to understanding modern economics.Through his use of real-world examples that whet student interest and make complex ideas easier to grasp, Miller gives students the tools they need to analyze supply and demand, the theory of the firm, taxation, inflation, unemployment, national income determination, fiscal and monetary policy, economic growth, and international trade and finance.
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Book details

List price: $236.40
Copyright year: 2005
Publisher: Prentice Hall PTR
Publication date: 3/1/2004
Binding: Mixed Media
Pages: 464
Size: 8.39" wide x 10.87" long x 0.39" tall
Weight: 2.376
Language: English

An Introduction To Economics
Economics and the World of Scarcity
The U.S. within the World Economy
Microeconomics
Demand and Supply
Consumer Decision Making and Consumer Reaction to Price Changes
Business Firms Face Their Costs
The Two Extremes: Perfect Competition and Pure Monopoly
In Between the Extremes: Imperfect Competition
Market and Government Failures
Labor Economics
Macroeconomics
Unemployment, Inflation, and the Business Cycle
Aggregate Demand and Supply
The Fiscal Policy Approach to Stabilization
Money and Our Banking System
The Monetary Policy Approach to Stabilization
How Economies Grow
International
Trading With Other Nations
Financing World Trade