Economics: Today and Tomorrow, Student Edition

by Unknown
Edition: 3rd
Format: Hardcover
Pub. Date: 2004-01-08
Publisher(s): McGraw-Hill Education
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Summary

This revised 2005 copyright of Economics: Today and Tomorrow includescurrent statistics and news events. The diagrams, charts, maps, photos, andillustrations have all been updated.In addition there are: Updated Careers features with new job titles and salary information Updated Case Studies and People Features Economics: Today and Tomorrow 2005 will have the samecomponents, software, and video as the previous edition. In addition: The nationally acclaimed Reading Essentials and Study Guide now has BOTHa Student Edition and a Teacher Edition; also available in Spanish. A Foldables ancillary has been added and Foldables activities are featured in the Teacher Wraparound Edition. The new StudentWorks CD-ROM combines the Interactive Student Edition, theactivity work books, and the Student Presentation Builder into one easy touse tool.

Table of Contents

Economic Handbook xiv
Reading for Information xxiv
NCEE's Basic Economic Concepts xxvi
Unit 1 An Introduction to Economics
1(55)
What Is Economics?
2(28)
The Basic Problem in Economics
3(9)
Trade-Offs
12(6)
What Do Economists Do?
18(12)
Economic Systems and the American Economy
30(26)
Economic Systems
31(9)
Characteristics of the American Economy
40(6)
The Goals of the Nation
46(10)
Unit 2 Practical Economics: How Theory Works for You
56(110)
Your Role as a Consumer
58(24)
Consumption, Income, and Decision Making
59(7)
Buying Principles or Strategies
66(6)
Consumerism
72(10)
Going Into Debt
82(28)
Americans and Credit
83(5)
Sources of Loans and Credit
88(8)
Applying for Credit
96(5)
Government Regulation of Credit
101(9)
Buying the Necessities
110(30)
Shopping for Food
111(6)
Clothing Choices
117(4)
To Rent or to Buy
121(8)
Buying and Operating a Vehicle
129(11)
Saving and Investing
140(26)
Why Save?
141(5)
Investing: Taking Risks With Your Savings
146(9)
Special Savings Plans and Goals
155(11)
Unit 3 Microeconomics: Markets, Prices, and Business Competition
166(94)
Demand and Supply
168(38)
Demand
169(8)
The Demand Curve and Elasticity of Demand
177(9)
The Law of Supply and the Supply Curve
186(8)
Putting Supply and Demand Together
194(12)
Business Organizations
206(26)
Starting a Business
207(6)
Sole Proprietorships and Partnerships
213(6)
The Corporate World and Franchises
219(13)
Competition and Monopolies
232(28)
Perfect Competition
233(6)
Monopoly, Oligopoly, Monopolistic Competition
239(9)
Government Policies Toward Competition
248(12)
Unit 4 Microeconomics: American Business In Action
260(80)
Financing and Producing Goods
262(26)
Investing in the Free Enterprise System
263(7)
Types of Financing for Business Operations
270(7)
The Production Process
277(11)
Marketing and Distribution
288(24)
The Changing Role of Marketing
289(7)
The Marketing Mix
296(6)
Distribution Channels
302(10)
The American Labor Force
312(28)
Americans at Work
313(8)
Organized Labor
321(7)
Collective Bargaining
328(12)
Unit 5 Macroeconomics: The Nation's Economy
340(130)
Measuring the Economy's Performance
342(32)
National Income Accounting
343(7)
Correcting Statistics for Inflation
350(6)
Aggregate Demand and Supply
356(4)
Business Fluctuations
360(4)
Causes and Indicators of Business Fluctuations
364(10)
Money and Banking
374(24)
The Functions and Characteristics of Money
375(6)
History of American Money and Banking
381(6)
Types of Money in the United States
387(11)
The Federal Reserve System and Monetary Policy
398(24)
Organization and Functions of the Federal Reserve System
399(8)
Money Supply and the Economy
407(5)
Regulating the Money Supply
412(10)
Government Spends, Collects, and Owes
422(28)
Growth in the Size of Government
423(6)
The Functions of Government
429(6)
The Federal Budget and the National Debt
435(5)
Taxation
440(10)
Stabilizing the National Economy
450(20)
Unemployment and Inflation
451(6)
The Fiscal Policy Approach to Stabilization
457(5)
Monetarism and the Economy
462(8)
Unit 6 The International Scene
470(116)
Trading With Other Nations
472(24)
The Benefits of World Trade
473(6)
Financing World Trade
479(7)
Restrictions on World Trade
486(10)
Converging Economic Systems
496(20)
Comparing Capitalism and Socialism
497(6)
Changing Authoritarian Socialism---The Case of China
503(5)
Nations Move Toward the Market System
508(8)
Economic Growth in Developing Nations
516(26)
Characteristics of Developing Nations
517(6)
The Process of Economic Development
523(6)
Obstacles to Growth in Developing Nations
529(5)
Industrialization and the Future
534(8)
The Global Economy
542(22)
Reasons for and Results of Global Integration
543(5)
Direct Foreign Investment-Should We Be Worried?
548(5)
Multinationals and Economic Competition
553(11)
Cybernomics
564(22)
The Growth of E-Commerce
565(6)
A New Economy?
571(5)
Issues in Cybernomics
576(10)
Reference Handbook 586
Reference Atlas 1(13)
Databank 14(16)
Glossary 30(12)
Spanish Glossary 42(13)
Spanish Chapter Summaries 55(22)
Index 77(12)
Acknowledgments 89

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