Engage your students with topics of immediate interest in this book's unique, issues-oriented approach. Discover the importance of economics in today's news and even everyday personal life as this book's unique, issues-oriented approach delves into engaging areas of interest. Moomaw/Olson/Applegate/McLean's ECONOMICS AND CONTEMPORARY ISSUES, 9E examines major economic issues related to education, health care, Social Security, unemployment, inflation, and international trade. This edition also examines social and political phenomena throughout the world, such as the collapse of communism and central planning, the role of government in today's economy as well as crime and poverty.
Captivating insights, intellectual challenges, and a solid analytical framework strengthen your students' critical thinking skills while the book's proven approach helps build a strong foundation in core economic principles. The authors clearly connect today's issues to key economic principles and applications, while providing an unmatched international perspective. Students develop a stronger appreciation and interest in contemporary economics as they see its importance in understanding both issues that affect them personally as well as today's news headlines.
The authors connect today's issues to key economic principles and applications with captivating insights and a solid international perspective. Useful online study tools and an inviting writing style assist the reader today and in the future job market. Ideal for non-majors and majors alike.
Table of Contents
1. Economic Growth: An Introduction to Scarcity and Choice.
2. An Introduction to Economic Systems and the Workings of the Price System.
3. Competitive Markets and Government Policy: Agriculture.
4. Efficiency in Resource Allocation: How Much Do We Have? How Much Do We Want?
5. Market Power: Does It Help or Hurt the Economy?
6. Air Pollution: Balancing Benefits and Costs.
7. Health Care: How Much? For Whom?
8. Crime and Drugs: A Modern Dilemma.
9. College Education: Is It Worth the Cost?
10. Educational Reform: The Role of Incentives and Choice.
11. Poverty: New Approaches to an Old Problem.
12. Tracking and Explaining the Macroeconomy.
13. Unemployment: The Legacy of Recession, Technological Change, and Free Choice.
14. Inflation: A Monetary Phenomenon.
15. Sustained Budget Deficits: Is This Any Way to Run a Government?
16. Social Security: Leading Issues and Approaches to Reform.
17. International Trade: Beneficial, but Controversial.
18. Financing Trade and the Trade Deficit.