Author Description
Discover the importance of economics in today's news and even everyday personal life as this book's unique, issues-oriented approach delves into engaging areas of interest. Moomaw/Olson/Applegate/McLean's ECONOMICS AND CONTEMPORARY ISSUES, 8E examines major economic issues related to education, health care, Social Security, unemployment, inflation, and international trade. This edition also examines social and political phenomena throughout the world, such as the collapse of communism and central planning, the role of government in today's economy as well as crime and poverty. The authors clearly connect today's issues to key economic principles and applications with captivating insights and a solid international perspective. Useful online study tools and an inviting writing style assist the reader today and in the future job market.
Menrva's Summary
THE THESIS
This text investigates how fundamental economic principles explain and influence contemporary social, political, and personal issues. The author, Michael R. Edgmand, utilizes an issues-oriented framework to bridge the gap between abstract economic theory and real-world phenomena. By applying analytical models to current events, the text provides a structured method for evaluating complex societal challenges.
THE SCOPE MAP
What You Will Find
- Analysis of economic impacts on education, health care, and Social Security
- Examination of macroeconomic indicators such as unemployment and inflation
- Discussion of global political shifts, including the collapse of central planning
- Application of economic theory to social problems like crime and poverty
Scope Limits
- The text does not provide an exhaustive history of economic thought
- It does not offer advanced mathematical modeling or econometrics
THE AUTHORITY PERSPECTIVE
This volume is widely recognized as a foundational text for undergraduate students seeking to apply economic theory to current events. Educators frequently highlight the accessible writing style and the effective integration of international perspectives into standard economic curricula.
Page Count:
478
Publication Date:
1996-01-01
Publisher:
Dryden Press
ISBN-10:
0030112672
ISBN-13:
9780030112676
Economics
Education
Social Issues
Public Policy
textbook
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