Economics: Principles & Practices is the only program with full coverage of the new economy and the impact of the digital revolution. It is correlated to the National Standards and, in addition to having current statistics and news events, this program has updated diagrams, charts, maps, photos, and illustrations.
UNIT 1 Fundamental Economic Concepts Chapter 1 What Is Economics? Chapter 2 Economic Systems and Decision Making Chapter 3 Business Organizations
UNIT 2 Microeconomics: Prices and Markets Chapter 4 Demand Chapter 5 Supply Chapter 6 Prices and Decision Making Chapter 7 Market Structures
UNIT 3 Economic Institutions and Issues Chapter 8 Employment, Labor, and Wages Chapter 9 Sources of Government Revenue Chapter 10 Government Spending Chapter 11 Financial Markets
UNIT 4 Macroeconomics: Performance and Stabilization Chapter 12 Macroeconomic Performance Chapter 13 Economic Instability Chapter 14 Money, Banking, and the Fed Chapter 15 Economic Stabilization Policies
UNIT 5 The Global Economy Chapter 16 International Trade Chapter 17 Developing Countries. Chapter 18 Global Economic Challenges
REFERENCE SECTION Personal Finance Handbook Skills Handbook STANDARD & POOR'S Databank NATIONAL GEOGRAPHIC Reference Atlas English/Spanish Glossary. Index Acknowledgments
About the author: GARY E. CLAYTON, Ph.D., is Professor and Chair of the Economics and Finance Department at Northern Kentucky University. He received his Ph.D. in economics from the University of Utah and an honorary doctorate from the People’s Friendship University of Russia in Moscow. Dr. Clayton has authored several textbooks and a number of articles, has appeared on numerous radio and television programs, and was a guest commentator for economic statistics on NPR’s Marketplace. Dr. Clayton won the Freedoms Foundation Leavey Award for Excellence in Private Enterprise Education in 2000. Other awards include a national teaching award from the National Council on Economic Education (NCEE) and NKU’s 2005 Frank Sinton Milburn Outstanding Professor award. Dr. Clayton has taught international business and economics to students in England, Austria, and Australia. In 2006 he helped organize a micro loan development project in Uganda.