Description
This introductory undergraduate-level textbook provides a survey of core principles of microeconomics, macroeconomics, and international economics. Tucker (U. of North Carolina at Charlotte) relies thematically on supply and demand analysis throughout. For example, the microeconomics section first describes the role of supply and demand in determining prices in competitive versus monopolistic markets and then applies this understanding to discussion of such topics as wage laws, rent control, and pollution. Similarly, the aggregate demand and aggregate supply model is used to explain such macroeconomic topics as price level, national output, and employment in the economy, while the section on international economy discusses supply and demand of currencies and their influence on economies. The overall structure of the text has not been changed since the last edition, but additional material has been added throughout. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)
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Designed specifically for the one-semester introductory economics course for non-majors, Tucker's SURVEY OF ECONOMICS, Seventh 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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