Get students to think like an Economist using the latest policy and data while incorporating global issues
This Global Edition has been edited to include enhancements making it more relevant to students outside the United States
Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. Students will begin to think about issues the way real economists do and learn how to explore difficult policy problems and make more informed decisions in their own economic lives.
Parkin is so committed to currency that he uploads news articles almost daily to MyEconLab®, the online assessment and tutorial system that accompanies the text. Assessment questions based on the Economics in the News articles are uploaded periodically so that instructors can assign recent articles within MyEconLab.
Features + Benefits
Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. Students will begin to think about issues the way real economists do and learn how to explore difficult policy problems and make more informed decisions in their own economic lives.
I. INTRODUCTION
1. What Is Economics?
2. The Economic Problem
3. Demand and Supply
II. MONITORING MACROECONOMIC PERFORMANCE
4. Measuring GDP and Economic Growth
5. Monitoring Jobs and Inflation
III. MACROECONOMIC TRENDS
6. Economic Growth
7. Finance, Saving, and Investment
8. Money, the Price Level, and Inflation
9. The Exchange Rate and the Balance of Payments
IV. MACROECONOMIC FLUCTUATIONS
10. Aggregate Supply and Aggregate Demand
11. Expenditure Multipliers: The Keynesian Model
12. U.S. Inflation, Unemployment, and Business Cycle
V. MACROECONOMIC POLICY
13. Fiscal Policy
14. Monetary Policy
15. International Trade Policy
This Global Edition has been edited to include enhancements making it more relevant to students outside the United States
Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. Students will begin to think about issues the way real economists do and learn how to explore difficult policy problems and make more informed decisions in their own economic lives.
Parkin is so committed to currency that he uploads news articles almost daily to MyEconLab®, the online assessment and tutorial system that accompanies the text. Assessment questions based on the Economics in the News articles are uploaded periodically so that instructors can assign recent articles within MyEconLab.
Features + Benefits
Parkin brings critical issues to the forefront. Each chapter begins with one of today’s key issues, and additional issues appear throughout the chapter to show the real-world applications of the theory being discussed. When the chapter concludes, students “read between the lines” to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. Students will begin to think about issues the way real economists do and learn how to explore difficult policy problems and make more informed decisions in their own economic lives.
I. INTRODUCTION
1. What Is Economics?
2. The Economic Problem
3. Demand and Supply
II. MONITORING MACROECONOMIC PERFORMANCE
4. Measuring GDP and Economic Growth
5. Monitoring Jobs and Inflation
III. MACROECONOMIC TRENDS
6. Economic Growth
7. Finance, Saving, and Investment
8. Money, the Price Level, and Inflation
9. The Exchange Rate and the Balance of Payments
IV. MACROECONOMIC FLUCTUATIONS
10. Aggregate Supply and Aggregate Demand
11. Expenditure Multipliers: The Keynesian Model
12. U.S. Inflation, Unemployment, and Business Cycle
V. MACROECONOMIC POLICY
13. Fiscal Policy
14. Monetary Policy
15. International Trade Policy