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Economics By Design
Survey and Issues
3rd Edition
Robert Collinge, Ronald Ayers
0131400584
Paperback
496 pages
2004
Brief Description
Known for its flexibility, this text can be used in a one-term survey of economics, or an economics issues course.
This text is ideal for issues-oriented courses that teach essential economic principles. Current issues and core principles of mainstream economics are presented in an intuitive manner that captures and holds student interest. The text systematically combines this presentation with a wealth of relevant, up-to-date applications that students can relate to.
Features
- Brief and streamlined.
Helps students stay focused on the basics.
- Accessible Coverage. Mathematics are used only where necessary.
Ideal for students who may be fearful of mathematics.
- Numbered Organization- Each major section in the chapter is numbered to assist in reading assignments. For example, you can reference section 2.4 in the book, and easily find the corresponding material in the study guide, web-based supplements, instructors manual, test bank, etc.
Ties together the text and supplement package for ease of use for both professors and students.
- Explore & Apply Theme Integrated Throughout.
Takes the students on an economic journey where they explore the theory and learn to apply the concepts.
- Explore & Apply Section- The final section in every chapter looks at a current, real-world policy issue or event and asks students to evaluate the issue using the tools presented in the chapter. The Explore & Apply section includes both domestic and international topics. Each Explore & Apply includes 2 Thinking Critically questions that promote economic reasoning and encourages students to consider more than one side of a debate. A compass icon in the end-of-chapter material identifies additional questions related to this section.
- Explore & Apply integration- Throughout the text you will see a compass icon that refers to the Explore & Apply section. You will find this icon in the learning objectives, in the text itself, the end of chapter material, and in the ancillaries.
Integrates this application of real world situations throughout the text, and really helps your students to see how economics is around them everyday.
- Snapshots- Numerous brief applications of the concepts are highlighted in each chapter.
Allows students to pause and picture theory in action.
- QuickCheck Question and answer sets.
Allows students to check their knowledge of a key concept before moving on to the next section.
- Learning Objectives. Each chapter opens with a list of objectives that establishes the goals and organization of the chapter. These objectives are then used as an organizational tool for the end-of-chapter summary.
Provides students with a helpful and coherent way to review concepts in each chapter.
Contents
I. A JOURNEY THROUGH THE ECONOMY.
1. The Economic Perspective.
2. Production and Trade.
3. Demand and Supply.
4. The Power of Prices.
II. THE ENERGY OF THE MARKETPLACE.
5. The Firm.
6. The Price Taker.
7. Market Power.
8. Earnings and Income Distribution.
III. MARKET FAILURE AND GOVERNMENT ACTION.
9. Public Goods and the Environment.
10. Public Choice.
IV. THE MACRO ECONOMY.
11. Output, Employment, and the Price Level.
12. A Framework for Macroeconomic Analysis.
V. MACRO POLICY CHOICES.
13. Money and Monetary Policy.
14. Fiscal Policy.
15. The Income-Expenditure Model.
16. Economic Growth.
VI. THE GLOBAL ECONOMY.
17. Exchange Rates and International Trade.
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