Hoag A.J, Hoag J.H. Introductory economics

World Scientific, 2006. – 519 p. – 4th ed. – ISBN: 9812568913, 9789812568915This carefully constructed textbook empowers the reader with an understanding of fundamental economic concepts. There are 31 "one-concept" chapters. Each short chapter highlights one economic principle. The student can study one concept and be reinforced by the learning process before proceeding to another. The writing is lucid and at the student's level. Self-review exercises conclude each chapter. The text is well integrated to show the relationship among the basic concepts and to offer a comprehensive overview of economics. The one-concept chapters provide organizational flexibility for the instructor. There are eight modules: The Economic Problem; Price Determination; Behind the Supply Curve; Measuring the Economy, The Level of Income; Money; Trade; and, Conclusion. A study guide is available on line without charge. Each chapter in the text has a corresponding chapter in the study guide as well as an introduction to graphing.
About the Author
Arleen Hoag has been teaching economics in Owens Community College since 1973. The authors have over 60 years of experience in teaching introductory economics combined. John Hoag has been teaching economics at the department of economics, Bowling Green State University since 1972. He has been the chair of the department since 1993.The Economic Problem
The Meaning of Economics
Methods
Production Possibilities
Economic Systems
Price Determination
Demand
Supply
Market Equilibrium
Price Elasticity
Behind the Supply Curve
Diminishing Returns
Cost
Revenue
Profit
Perfectly Competitive Supply
Monopoly
Imperfect Competition
Demand for Inputs
Measuring the Economy
Unemployment and Inflation
Gross Domestic Product
Price Indexes
Business Cycles
The Level of Income
Consumption and Investment
Macro Equilibrium
Government
The Keynesian Cross
Fiscal Policy
Money
Money
Monetary Tools
Money and the Level of Income
Economic Policy
Trade
Trade without Money
Trade with Money