Economy Today - Hardcover

Schiller, Bradley R.

Hardcover

ISBN 10: 0070577110 ISBN 13: 9780070577114

Publisher: McGraw Hill Higher Education, 1997

Synopsis

This undergraduate economics text combines theoretical principles with real-world events, and uses examples from journals and newspapers to complement its real-world focus. The text is developed around the central theme of government versus market reliance, and integrates coverage of the Keynesian framework model into the AS/AD framework. There are chapters on short-run determinants and m=long-run possibilities for productivity and growth. Numerous examples from the Cuban economy are used to highlight the problems of communism and to outline a pending transition.

About this title

From the Publisher:

In order to best explain the principles of economics, The Economy Today carefully explains the differences between reality and theory. This real-world focus is the central theme of this text. Throughout every chapter in Schiller, there is a constant interplay between theoretical principles and real-world events. Through the use of recent examples from journals and newspapers, The Economy Today offers the most complete coverage of the issues and events to complement the real-world focus.

In addition to the discussion of the principles of economics, Schiller feels that the text must "teach" basic principles and reinforce them with a variety of pedagogical aids. Hence, The Economy Today is noted for its numerous pedagogical aids that enhance the students learning and retention ability through every chapter. Numerous examples, colorful, well-marked graphs, chapter preview and review, running glossary, narrative summaries, discussion questions, and numerical and graphical problems constitute each chapter's pedagogical tools. In the 6th edition, we introduced a full set of graphing problems in the back of the text, to help instructors

A well-received descriptive chapter was added in the 6th edition to introduce the American economy within the global economy (Chapter 2). This chapter is descriptive and self-contained, and can be taught at any point an instructor feels appropriate to his or her course. The chapter addresses three key themes in the overall presentation: what, how, and for whom the economy produces.

The entire text is developed around the central theme of government intervention versus market reliance.

Completely integrates coverage of the Keynesian model into the AS/AD framework in Chapters 9 and 10.

Offers two chapters on Aggregate Supply, one focused on short-run determinants, the second on long-run possibilities for productivity and growth.

Explicitly demonstrates through new tables and charts the contrasting models of Keynesian, monetarist, and supply-side economics.

"World View," "In the News," and "Economy Tomorrow" have been completely updated. In addition a special section in the testbank now supplies quiz and exam questions directly related to boxed material.

Numerous examples of the Cuban economy are used to highlight the problems of communism and to outline a pending transition.

About the Author:

Bradley R. Schiller has over four decades of experience teaching introductory economics at the University of Nevada, American University, the University of California (Berkeley and Santa Cruz), and the University of Maryland. He has given guest lectures at more than 300 colleges ranging from Fresno, California, to Istanbul, Turkey. Dr. Schiller’s unique contribution to teaching is his ability to relate basic principles to current socioeconomic problems, institutions, and public policy decisions. This perspective is evident throughout The Economy Today.

About this edition

• Publisher: McGraw Hill Higher Education
• Publication date: 1997
• ISBN 10: 0070577110
• ISBN 13: 9780070577114
• Binding: Hardcover
• Number of pages: 1024