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Cover of Survey of Economics v1.1
Published: 
July 2014
Page Count: 
542
ISBN (Digital): 
978-1-4533-6498-7

Survey of Economics

Version 1.1
By Libby Rittenberg

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Survey of Economics, v. 1.1

 

Libby Rittenberg

 

Building on the pedagogy developed in their successful two-semester Principles of Economics textbook, Libby Rittenberg's Survey of Economics, v. 1.1 covers topics that provide students with the tools to understand the economic way of thinking in a shorter amount of time.

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This textbook is suitable for these courses: Intro-level Economics (one-semester)

This textbook is suitable for 2 and 4 year institutions.

PEDAGOGICAL FEATURES:

      • “START-UP” SECTIONS:

These are followed by sections including a clearly written exposition of a topic, an illustrative "Case in Point," and a sample "Try It" problem (with answer included) so students can determine their level of understanding.


      • ”HEADS UP” FEATURES:

Brief sections help clarify often confusing concepts. Ample end-of chapter concept and numerical problems round out the experience.

  • About the Authors
  • Acknowledgments
  • Preface

    • Chapter 1: Economics: The Study of Choice

  • 1.1 Start Up: Economics in the News
  • 1.2 Defining Economics
  • 1.3 The Field of Economics
  • 1.4 The Economists’ Tool Kit
  • 1.5 Review and Practice

    • Chapter 2: Confronting Scarcity: Choices in Production

  • 2.1 Start Up: An Attempt to Produce Safer Air Travel
  • 2.2 Factors of Production
  • 2.3 The Production Possibilities Curve
  • 2.4 Applications of the Production Possibilities Model
  • 2.5 Review and Practice

    • Chapter 3: Demand and Supply

  • 3.1 Start Up: Crazy for Coffee
  • 3.2 Demand
  • 3.3 Supply
  • 3.4 Demand, Supply, and Equilibrium
  • 3.5 Government Intervention in Market Prices: Price Floors and Price Ceilings
  • 3.6 Review and Practice

    • Chapter 4: Elasticity: A Measure of Response

  • 4.1 Start Up: Raise Fares? Lower Fares? What’s a Public Transit Manager To Do?
  • 4.2 The Price Elasticity of Demand
  • 4.3 Responsiveness of Demand to Other Factors
  • 4.4 Price Elasticity of Supply
  • 4.5 Review and Practice

    • Chapter 5: Markets, Maximizers, and Efficiency

  • 5.1 Start Up: A Drive in the Country
  • 5.2 The Logic of Maximizing Behavior
  • 5.3 Maximizing in the Marketplace
  • 5.4 Market Failure
  • 5.5 Review and Practice

    • Chapter 6: Production, Cost, and Market Models

  • 6.1 Start Up: Street Cleaning Around the World
  • 6.2 Production Choices and Costs: The Short Run
  • 6.3 Production Choices and Costs: The Long Run
  • 6.4 An Overview of Models of Market Organization
  • 6.5 Review and Practice

    • Chapter 7: Competitive Markets for Goods and Services

  • 7.1 Start Up: Life on the Farm
  • 7.2 Perfect Competition: A Model
  • 7.3 Output Determination in the Short Run
  • 7.4 Perfect Competition in the Long Run
  • 7.5 Review and Practice

    • Chapter 8: Monopoly and Its Regulation

  • 8.1 Start Up: Surrounded by Monopolies
  • 8.2 The Nature of Monopoly
  • 8.3 The Monopoly Model
  • 8.4 Comparing Monopoly to Other Forms of Market Organization
  • 8.5 Antitrust Laws and Their Interpretation
  • 8.6 Review and Practice

    • Chapter 9: Wages and Employment in Perfect Competition

  • 9.1 Start Up: College Pays
  • 9.2 The Demand for Labor
  • 9.3 The Supply of Labor
  • 9.4 Labor Markets at Work
  • 9.5 Review and Practice

    • Chapter 10: Inequality, Poverty, and Discrimination

  • 10.1 Start Up: Occupy Wall Street and the World
  • 10.2 Income Inequality
  • 10.3 The Economics of Poverty
  • 10.4 The Economics of Discrimination
  • 10.5 Review and Practice

    • Chapter 11: Macroeconomics: The Big Picture

  • 11.1 Start Up: Economy Limps Along
  • 11.2 Growth of Real GDP and Business Cycles
  • 11.3 Price-Level Changes
  • 11.4 Unemployment
  • 11.5 Review and Practice

    • Chapter 12: Measuring Total Output and Income

  • 12.1 Start Up: The Lockup
  • 12.2 Measuring Total Output
  • 12.3 Measuring Total Income
  • 12.4 GDP and Economic Well-Being
  • 12.5 Review and Practice

    • Chapter 13: Aggregate Demand and Aggregate Supply

  • 13.1 Start Up: The Great Warning
  • 13.2 Aggregate Demand
  • 13.3 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run
  • 13.4 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium
  • 13.5 Review and Practice

    • Chapter 14: Economic Growth

  • 14.1 Start Up: How Important Is Economic Growth?
  • 14.2 The Significance of Economic Growth
  • 14.3 Growth and the Long-Run Aggregate Supply Curve
  • 14.4 Determinants of Economic Growth
  • 14.5 Review and Practice

    • Chapter 15: The Nature and Creation of Money

  • 15.1 Start Up: How Many Macks Does It Cost?
  • 15.2 What Is Money?
  • 15.3 The Banking System and Money Creation
  • 15.4 The Federal Reserve System
  • 15.5 Review and Practice

    • Chapter 16: Financial Markets, the Fed, and Monetary Policy

  • 16.1 Start Up: The Fed’s Extraordinary Challenges in 2008
  • 16.2 The Bond and Foreign Exchange Markets
  • 16.3 Demand, Supply, and Equilibrium in the Money Market
  • 16.4 Monetary Policy in the United States
  • 16.5 Problems and Controversies of Monetary Policy
  • 16.6 Review and Practice

    • Chapter 17: Government and Fiscal Policy

  • 17.1 Start Up: A Massive Stimulus
  • 17.2 Government and the Economy
  • 17.3 The Use of Fiscal Policy to Stabilize the Economy
  • 17.4 Issues in Fiscal Policy
  • 17.5 Review and Practice

    • Chapter 18: A Brief History of Macroeconomic Thought and Policy

  • 18.1 Start Up: Three Revolutions in Macroeconomic Thought
  • 18.2 The Great Depression and Keynesian Economics
  • 18.3 Keynesian Economics in the 1960s and 1970s
  • 18.4 Macroeconomics for the 21st Century
  • 18.5 Review and Practice

    • Appendix A: Appendix A: Graphs in Economics

  • A.1 How to Construct and Interpret Graphs
  • A.2 Nonlinear Relationships and Graphs without Numbers
  • A.3 Using Graphs and Charts to Show Values of Variables
    • PowerPoint Lecture Notes

    PowerPoint Lecture Notes

    A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole.

    PowerPoint Lecture Notes

    Solutions Manual

    Solutions Manual

    For exercises that need a little more explanation, our Solutions Manual will take you step by step through solving the problem and offer explanations on the answer.

    Solutions Manual

    Test Item File

    Test Item File

    Need assistance in supplementing your quizzes and tests? Our test-item files (in Word format) contain many multiple-choice, fill-in-the-blank, and short-answer questions.

    At FlatWorld, we take pride in providing a range of high-quality supplements alongside our titles, to help instructors teach effectively. Supplements are available for instructors who have registered their adoption with us. If you need to review or preview something specific, please contact us.


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    Libby Rittenberg Colorado College

    Libby Rittenberg (PhD Rutgers University) is Professor Emerita of Economics at Colorado College. She also served as the Dean of Summer Programs as well as the college’s ombudsperson. As a professor, she frequently taught Principles of Economics, Intermediate Macroeconomic Theory, Comparative Economic Systems, and a senior seminar on the International Political Economy. Throughout her academic career, Libby was deeply involved in study abroad education and directed programs in central Europe and Turkey. She was honored to have been a Fulbright Lecturer. Her research has focused on the internationally oriented areas of economics, with numerous articles on comparative and development economics, and a particular emphasis on the Turkish economy. 

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