|Welch, Patrick J. / Welch, Gerry F.|
Theory and Practice
ca. 192,- Euro
2013. 560 Seiten, Softcover
ISBN 978-1-118-23359-7 - John Wiley & Sons
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Designed for the Survey of Economics course, Economics: Theory and Practice introduces students to basic economic concepts, institutions, relationships, and terminology.
This text prepares students to use economic thinking in their classes, careers, and everyday lives. Flexible in approach, instructor-friendly in structure, and student-friendly in language, Economics: Theory and Practice contains an essential coverage of both microeconomics and macroeconomics, in any sequence.
Whether addressing topics such as the effects of inflation on interest rates or an economy's response to a price increase in consumer goods, no Survey of Economics course is complete without Patrick and Gerry Welch's classic text.
Aus dem Inhalt
PART 1: INTRODUCTION TO ECONOMICS
Chapter 1: Introduction to Economics
Chapter 2: Economic Decision Making and Economic Systems
Chapter 3: Demand, Supply, and Price Determination
PART 2: THE MACROECONOMY
Chapter 4: Goals and Problems of the Macroeconomy: Employment, Prices, and Production
Chapter 5: Foundations of the Macroeconomy
Chapter 6: The Role of Government in the Macroeconomy
Chapter 7: Money, Financial Institutions, and the Federal Reserve
Chapter 8: Money Creation, Monetary Theory, and Monetary Policy
Chapter 9: Macroeconomic Viewpoints and Models
PART 3: THE MICROECONOMY
Chapter 10: Households and Businesses: An Overview
Chapter 11: Benefits, Costs, and Maximization
Chapter 12: Production and the Costs of Production
Chapter 13: Competition and Market Structures
Chapter 14: Government and the Markets
Chapter 15: Labor Markets, Unions, and the Distribution of Income
PART 4: THE INTERNATIONAL ECONOMY
Chapter 16: International Trade
Chapter 17: International Finance
Answers to "Test Your Understanding"