Introductory Economics 4th Edition by Arleen Hoag, John Hoag 9789812568915 9812568913

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Product details:

ISBN 10: 9812568913

ISBN 13: 9789812568915

Author: Arleen J. Hoag, John H. Hoag

This carefully constructed textbook empowers the reader with an understanding of fundamental economic concepts. There are 31 “one-concept” chapters. Each short chapter highlights one economic principle. The student can study one concept and be reinforced by the learning process before proceeding to another. The writing is lucid and at the student’s level. Self-review exercises conclude each chapter. The text is well integrated to show the relationship among the basic concepts and to offer a comprehensive overview of economics. The one-concept chapters provide organizational flexibility for the instructor. There are eight modules: The Economic Problem; Price Determination; Behind the Supply Curve; Measuring the Economy, The Level of Income; Money; Trade; Conclusion.A study guide is available on line without charge. Each chapter in the text has a corresponding chapter in the study guide as well as an introduction to graphing.

Table of contents:

Module 1 The Economic Problem
Chapter 1 The Meaning of Economics
Chapter 2 Methods
Chapter 3 Production Possibilities
Chapter 4 Economic Systems

Module 2 Price Determination
Chapter 5 Demand
Chapter 6 Supply
Chapter 7 Market Equilibrium
Chapter 8 Price Elasticity

Module 3 Behind the Supply Curve
Chapter 9 Diminishing Returns
Chapter 10 Cost
Chapter 11 Revenue
Chapter 12 Profit
Chapter 13 Perfectly Competitive Supply
Chapter 14 Monopoly
Chapter 15 Imperfect Competition
Chapter 16 Demand for Inputs

Module 4 Measuring the Economy
Chapter 17 Unemployment and Inflation
Chapter 18 Gross Domestic Product
Chapter 19 Price Indexes
Chapter 20 Business Cycles

Module 5 The Level of Income
Chapter 21 Consumption and Investment
Chapter 22 Macro Equilibrium
Chapter 23 Government
Chapter 24 The Keynesian Cross
Chapter 25 Fiscal Policy

Module 6 Money
Chapter 26 Money
Chapter 27 Monetary Tools
Chapter 28 Money and the Level of Income
Chapter 29 Economic Policy

Module 7 Trade
Chapter 30 Trade without Money
Chapter 31 Trade with Money

Module 8 Conclusion

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Tags: Arleen Hoag, John Hoag, Introductory, Economics