Economics, 8th Edition

Arnold continues to set the standard for clear, balanced, and thorough coverage of principles of economics that truly engages students. With six new chapters, easy customization, and fully integrated digital and course management options, ECONOMICS, 8e is the perfect solution for any classroom. Packed with intriguing pop culture examples to which students relate, the text bolsters student interest in economics by illustrating unexpected places economics occurs, how economic forces link events around the world to their lives, and how economics can be used as a tool in understanding the world. In addition, the eighth edition is integrated with such powerful resources as CengageNOW, Aplia, and the Tomlinson Videos. Allowing for true course customization, these resources enable instructors to teach what the want, how they want plus give them unsurpassed planning and management tools, such as homework that is automatically assigned, graded, and recorded online. Students, in turn, gain a customized learning path tailored to their specific areas of strength and weakness, ensuring they gain complete mastery of course content. With new content reflecting a changing economy and new resources catering to the needs of a changing classroom, ECONOMICS, 8e is your ideal solution for the principles course.

With coverage of macroeconomics, microeconomics, and globalization, this introductory textbook outlines basic principles and controversies in the discipline. Specific chapters discuss topics like supply and demand, prices and unemployment, GDP and real GDP, instability, fiscal policy, taxes and government spending, money and banking, the Federal Reserve system, monetary policy, expectations theory, growth, elasticity, consumer choice, production and costs, perfect competition, monopoly, game theory, the labor market, unions, poverty, interest and profit, market failure, international trade, and international finance. Arnold teaches at California State University at San Marcos. Annotation (c)2003 Book News, Inc., Portland, OR

Library Journal

Why are there no taxes in Kathmandu? Why is rent in Manhattan so high? And who really pays taxes? These and many other questions about economics of interest to a lay audience form the basis of this excellent set, which is tailor-made for public and high school libraries. The staff editors do not provide an academic treatise on the complex, technical details of economic theory or principles. Instead, they focus on translating economics into an easily understood language, making this work highly useful for students--especially at the high school level. The six volumes cover money, banking, and finance; the citizen and the economy; business operations; the U.S. economy and the world; economic theory; and economic history. With the exception of Volume 5 (on economic theory), the volumes contain numerous well-organized chapters that adequately cover the topic. Volume 5 is arranged as an A-Z encyclopedia of shorter articles about fundamental concepts in economics and can be used as both a reference to the other volumes and a stand-alone reference. Numerous charts, diagrams, figures, and glossy photos are used to clarify concepts, and the set's glossary, reading list, and index are re-produced in each of the six volumes, making for easier cross-referencing. With the ever-changing nature of finance law and regulations, this well-prepared reference set will need regular updates, but it remains the resource of choice on economics for its targeted audience.--Dale Farris, Groves, TX Copyright 2000 Cahners Business Information.\

Packed with examples to which students can relate, this text explains economics by illustrating places where economics occurs, how economic forces link events around the world to their lives, and how economics can be used as a tool in understanding the world. It is integrated with resources as 'ThomsonNOW', 'Aplia', and the 'Tomlinson Videos'.