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Introduction to Economics (Combined)

Introduction to Economics (Combined)

Sixth Edition   Dolan, © 2016, 760 pages

The seventh edition has been thoroughly updated. All data are the latest numbers available at the time of writing, and most of the tables and figures have been tweaked for clarity and precision. In addition to those revisions, new content has been added to the chapters themselves in an effort to modernize the material.

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This title is available in the following formats.

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ISBN
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(Net Price)
Student
(Retail Price)
LAB BOOKPlus
Online eBook + Lab
978-1-5178-0375-9
Online eBook + Lab 978-1-5178-0375-9 (9781517803759) $22 $29
Loose Leaf Unbound textbook
978-1-62751-642-6
Unbound textbook 978-1-62751-642-6 (9781627516426) $66 $94
TEXTBOOKPlus Loose Leaf + eBook + Lab
978-1-62751-646-4
Loose Leaf + eBook + Lab 978-1-62751-646-4 (9781627516464) $78 $111
Soft Cover Bound textbook
978-1-62751-643-3
Bound textbook 978-1-62751-643-3 (9781627516433) $241 $342

Supplements

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Instructor's Manual
The expanded Instructor's Manual contains material which can be easily included in lectures. The manual also includes all of its traditional elements, including instructional objectives, lecture notes, and suggestions.
PowerPoint Slides Ch. 1-15
This PowerPoint slide set covers chapters 1 – 15 and has been recently enhanced to include additional graphics to further illustrate the economic principles discussed in the text.
PowerPoint Slides Ch. 16-27
This PowerPoint slide set covers chapters 16 – 27 and has been recently enhanced to include additional graphics to further illustrate the economic principles discussed in the text.
Test Bank (Blackboard)
The Test Bank contains questions in a variety of formats including multiple choice, true/false, and essay questions. This file is an archive of per-chapter zipped Blackboard pool files.
Test Bank (Canvas QTI)
The Canvas QTI Test Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions. This file is an archive of per-chapter zipped QTI IMS files.
Exam Bank (Word)
The Exam Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions.
Quiz Bank (Blackboard)
The Blackboard Quiz Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions. This file is an archive of per-chapter zipped Blackboard pool files.
Quiz Bank (Canvas QTI)
The Canvas QTI Quiz Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions. This file is an archive of per-chapter zipped QTI pool files.
Quiz Bank (Word)
The Quiz Bank contains questions in a variety of formats including multiple choice, true/false, and short answer questions.
Homework Bank (Blackboard)
The Blackboard Homework Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions. This file is an archive of per-chapter zipped Blackboard pool files.
Homework Bank (Canvas QTI)
The Canvas QTI Homework Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions. This file is an archive of per-chapter zipped QTI pool files.
Homework Bank (Word)
The Homework Bank contains questions in a variety of formats including multiple choice, true/false, and short answer questions.

Excerpts

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About the Author

Edwin Dolan person
Edwin G. Dolan, economist and educator, holds a PhD from Yale University. Early in his career, he was a member of the economics faculty at Dartmouth College, the University of Chicago, and George Mason University. From 1990 to 2013, he taught at a number of schools in Europe, including the American Institute of Business and Economics in Moscow, Central European University in Budapest, the University of Economics in Prague, and the Stockholm School of Economics in Riga. Since 2017, he has been a Senior Fellow at Niskanen Center, a think tank in Washington, DC.

Description

The spread of instant electronic communication has changed not only the economy itself but also the way students learn economics and the way instructors teach the subject. A textbook, perhaps supplemented by a few photocopied handouts, used to be almost the only source of information for students. A blackboard was often the instructor's only teaching tool. All this has changed.

Today, both students and instructors rely on the internet as their primary source of information about current economic events. They still need a good textbook to provide a framework for organizing all the information that is available, but that textbook needs to mesh with the material available from online news sources, blogs, and social media. This sixth edition of Introduction to Economics (combined version) from BVT Publishing includes several changes that integrate it more smoothly into the world of e-learning. One change is a new design with more prominent headings that will make the electronic version of the book more readable on screen. Readers will also find sections that provide direct links from chapters in the text to related material on my blog. In addition to a more inviting presentation, there are extensive revisions of the content. It will hardly come as a surprise to say that much has happened since the fifth edition was written (as the US and global economies were beginning to recover from the Great Recession).

Here are some of the other key changes:

- Much of the content is new, including new case studies and examples throughout the book. Topics range from the latest controversies over climate change to trends in poverty and income distribution.

- There have been many changes in the financial system and monetary policy. Chapter 20 reviews problems of banking and finance that led up to the 2008 crisis, and explains structural and regulatory changes since that time. Chapter 21 is completely redone to present monetary theory in a way that is more consistent with the way modern central banks actually carry out monetary policy.

- Chapter 22 deals with exchange rates, currency areas, and international monetary policy. It includes extended case studies on the euro area and its problems, and on China's currency policy and the reasons for its slowing growth.

- The two chapters on fiscal policy contain much new material. Chapter 25 covers the short-run perspective on fiscal policy and the business cycle, including discretionary fiscal stimulus, automatic stabilizers, the budget process, and the risks of procyclical fiscal policy. Chapter 26 takes the long-term perspective on sustainability of government deficits and debts, and fiscal policy rules.

-Fortunately, the US economy has not fallen into either deflation or hyperinflation, but issues related to the price level continue to be a focus of macroeconomic policy. Chapter 27 covers the latest developments, including reasons why inflation in major economies has continued to fall below central bank targets.

There are new case studies and examples in every chapter and, in addition, many more for which there is no room in the book itself. Every week, Ed Dolan's Econ Blog provides new material to both students and instructors. The blog's Resource Center for Teaching Economics, found at dolanecon.blogspot.com, brings regular posts on micro and macroeconomic topics. Students and instructors can also follow @DolanEcon on Twitter® to keep up with the latest economic news. I also invite instructors and students to suggest topics for blog posts or submit guest posts of their own on favorite subjects.

Finally, this edition recognizes the fact that instructors no longer rely solely on blackboards and photocopied handouts as teaching aids. Most instructors now regularly use slideshows, smartboards, and videos in class, and course websites to help students with their studying between classes.

One important aid to e-teaching and e-learning is a complete set of PowerPoint™ slides, which include all of the graphs and tables from each chapter, plus other relevant material that is available as a supplement to Introduction to Economics (combined version) from BVT. Beyond the basic slides for each chapter, Ed Dolan's Econ Blog provides additional content in PowerPoint format.

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