Irvin B. Tucker Survey of Economics

ISBN 13: 9781111969493

Survey of Economics

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9781111969493: Survey of Economics
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Designed specifically for the one-semester introductory economics course for non-majors, Tucker's SURVEY OF ECONOMICS, 8E, International Edition delivers the most comprehensive and pedagogically rich treatment of introduction to economics available. Readable, sensible, and interesting, this text is renowned for its engaging presentation, emphasis on critical thinking, active learning environment, highly motivational pedagogy, unrivaled visual learning support, and numerous in-chapter applications and review opportunities. With its focus on the most basic tools and topics in economics in the context of real-world issues, students get the opportunity to see how economic issues play out at national and international levels. The seventh edition has been thoroughly updated to show students how economics impacts their own world through topics such as privatization versus nationalization, social security, carbon emissions, social-networking sites, America's housing bubble, and gasoline prices.

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About the Author:

Dr. Irvin B. Tucker has more than 30 years of experience teaching introductory economics at the University of North Carolina Charlotte. He earned his BS in economics at North Carolina State University and his MA and PhD in economics from the University of South Carolina. He is a long-time member of the National Council on Economic Education. Dr. Tucker has served as executive director of the S.C. Council of Education and director of the Center for Economic Education at the University of North Carolina at Charlotte. He is recognized for his ability to relate basic principles to economic issues and public policy. His work has received national recognition with awards from the Meritorious Levy Award for Excellence in Private Enterprise Education, the Federation of Independent Business Award for Postsecondary Educator of the Year in Entrepreneurship and Economic Education, and the Freedom Foundation's George Washington Medal for Excellence in Economic Education. In addition, Dr. Tucker's research has been published in numerous professional journal articles on a wide range of topics, including industrial organization, entrepreneurship, and economics of education. Dr. Tucker is also the author of the highly successful SURVEY OF ECONOMICS, 9E and ECONOMICS AND FINANCE.

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Brief CONTENTS PART I: INTRODUCTION TO ECONOMICS. 1. Introducing the Economic Way of Thinking. Appendix 1: Applying Graphs to Economics. 2. Production Possibilities, Opportunity Cost, and Economic Growth. PART II: THE MICROECONOMY. 3. Market Demand and Supply. 4. Markets in Action. Appendix 4: Applying Supply and Demand Analysis to Health Care. 5. Price Elasticity of Demand. 6. Production Costs. 7. Perfect Competition. 8. Monopoly. 9. Monopolistic Competition and Oligopoly. 10. Labor Markets and Income Distribution. PART III: THE MACROECONOMY AND FISCAL POLICY. 11. Gross Domestic Product. 12. Business Cycles and Unemployment. 13. Inflation. 14. Aggregate Demand and Supply. Appendix 14: The Self-Correcting Aggregate Demand and Supply Model. 15. Fiscal Policy. 16. The Public Sector. 17. Federal Deficits, Surpluses, and the National Debt. PART IV: MONEY, BANKING, AND MONETARY POLICY. 18. Money and the Federal Reserve System. 19. Money Creation. 20. Monetary Policy. Appendix 20: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model. PART V: THE INTERNATIONAL ECONOMY. 21. International Trade and Finance. 22. Economies in Transition. 23. Growth and the Less-Developed Countries. Appendix A: Answers to Odd-Numbered Study Questions and Problems. Appendix B: Answers to Practice Quizzes. Appendix C: Answers to Road Map Questions. Glossary. Index.

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