Overview
Ever wonder what economic factors might help determine your first job after college?…If a tax on soda would really reduce obesity?…What factors have affected housing prices?…or whether a tax rebate is better than a tax bonus? ECONOMICS answers these questions and many more. Using intriguing pop culture examples, the Tenth Edition is revised to include the most comprehensive coverage of the financial and economic crisis available in a principles of economics text. Self-tests help determine how well you're grasping the concepts, a traditional study guide prepares you for tests, and CourseMate for Economics offers a graphing tutorial, quizzes, videos and more. Entirely new to this edition is a complete set of Video Lectures featuring author Roger Arnold working through key concepts and graphs in each chapter. These videos are ideal for self-study, allowing you to play or replay the lectures at your convenience.
Synopsis
With coverage of macroeconomics, microeconomics, and globalization, this introductory textbook outlines basic principles and controversies in the discipline. Specific chapters discuss topics like supply and demand, prices and unemployment, GDP and real GDP, instability, fiscal policy, taxes and government spending, money and banking, the Federal Reserve system, monetary policy, expectations theory, growth, elasticity, consumer choice, production and costs, perfect competition, monopoly, game theory, the labor market, unions, poverty, interest and profit, market failure, international trade, and international finance. Arnold teaches at California State University at San Marcos. Annotation (c)2003 Book News, Inc., Portland, OR
Library Journal
Why are there no taxes in Kathmandu? Why is rent in Manhattan so high? And who really pays taxes? These and many other questions about economics of interest to a lay audience form the basis of this excellent set, which is tailor-made for public and high school libraries. The staff editors do not provide an academic treatise on the complex, technical details of economic theory or principles. Instead, they focus on translating economics into an easily understood language, making this work highly useful for students--especially at the high school level. The six volumes cover money, banking, and finance; the citizen and the economy; business operations; the U.S. economy and the world; economic theory; and economic history. With the exception of Volume 5 (on economic theory), the volumes contain numerous well-organized chapters that adequately cover the topic. Volume 5 is arranged as an A-Z encyclopedia of shorter articles about fundamental concepts in economics and can be used as both a reference to the other volumes and a stand-alone reference. Numerous charts, diagrams, figures, and glossy photos are used to clarify concepts, and the set's glossary, reading list, and index are re-produced in each of the six volumes, making for easier cross-referencing. With the ever-changing nature of finance law and regulations, this well-prepared reference set will need regular updates, but it remains the resource of choice on economics for its targeted audience.--Dale Farris, Groves, TX Copyright 2000 Cahners Business Information.\