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Economics for Today with Student Resource Access 12 Months - Allan Layton

Economics for Today with Student Resource Access 12 Months

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Australian Catholic University - North Sydney
Australian Catholic University - St Patricks
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Flinders International Study Centre - FISC
International College of Management
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North Coast Institute TAFE Port Macquarie
North Sydney Inst TAFE-Meadowbank College
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Product Description

The book aims to simplify the array of confusing economic analyses and present a straightforward and balanced approach that effectively teaches the application of basic economics principles. Only essential material is included in the book and key concepts are explained in clear and simple terms.

Written in an engaging and user-friendly manner, the book is designed for non-majors (although can also be used in these courses).

Part 1: Introduction to economics
1. Thinking like an economist
Appendix to Chapter 1: Applying graphs to economics
2. Production possibilities and opportunity cost
3. Market demand and supply
4. Markets in action

Part 2: Microeconomic fundamentals
5. Elasticity of demand and supply
6. Production costs

Part 3: Market structures
7. Perfect competition
8. Monopoly
9. Monopolistic competition and oligopoly
10. Policy issues: Resource taxes and climate change (NEW CHAPTER)

Part 4: Macroeconomic fundamentals
11. Measuring the size of the economy
12. Business cycles and economic growth
13. Inflation and unemployment

Part 5: Macroeconomic theory and policy
14. A simple model of the macro economy
ONLINE Appendix to Chapter 14 - Further on the aggregate demand-output model: The Keynesian Cross
15. The monetary and financial system
ONLINE Appendix to Chapter 15 - Other key financial markets
16. Macroeconomic policy I: monetary policy
17. Macroeconomic policy II: fiscal policy

Part 6: Further aspects of international economics
18. International trade and finance



ISBN: 9780170190855
ISBN-10: 0170190854
Audience: Tertiary; University or College
Format: Book with Other Items
Language: English
Number Of Pages: 522
Published: 5th October 2011
Publisher: Cengage Learning Australia
Country of Publication: AU
Dimensions (cm): 24.6 x 18.9  x 2.0
Edition Number: 4