Sharp, Register, and Grimes’ Economics of Social Issues originated the social issues approach to teaching basic economic principles. This edition reflects the important societal trends and public debates current at the time. Currency and relevance are the motivations behind the major changes that previous users will quickly find in this edition. Each chapter presents economic concepts then places them within the context of very current issues facing society.
Economics of Social Issues has garnered a loyal user following for its timely and impartial handling of current social issues that dominate the news. As the major social issues facing our society change, so does this textbook. While the issues are contemporary and the supporting information updated, the authors remain objective.
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New Chapter on Price Controls (Minimum Wage and Rent Control). This new chapter discusses these two very current debates that lawmakers, both in Washington and locally, are grappling with. This chapter allows students to examine what happens when governments intervene in the market place and to analyze the costs and benefits of such intervention.
Chapters on the economics of higher education and the economics of the national debt have been removed from the 15th Edition. This change streamlines the text and improves the pace of the book. Yes, despite the fact that the book is 14 chapters long instead of 16, there is no loss in coverage of economic tools and concepts.
The chapters on discrimination and poverty have been combined into one chapter. These revisions improve the pace of the text and make room for more pressing social issues of today. Instructors will be able to cover most of the entire text in a normal semester.
Updates Throughout the Text. As users of Sharp/Register/Grimes have come to expect, the entire text has been updated to keep it as current as today's news broadcast. For example, the book now includes material on "The New Economy" in the Growth chapter and the discussion of the WTO protests in the International Trade chapter. Students will not only learn the latest trends in social issues, but will also learn to see their relevance.
Supplement Package Improved. Margaret Ray (Washington College), the author of the Study Guide and website for the previous edition, has taken on the additional responsibility of the Instructor's Manual and Test Bank. This will greatly improve the supplement package; not only has Professor Ray created valuable supplements for us in the past, but her new role will result in a better coordinated and integrated cohesive package.
Provides a starting point for general economics and encourages using economic concepts to analyze appropriate issues. An economic issue is discussed impartially and without bias, concepts and principles are developed for the student, and then they are applied to the issue.The text helps students understand economic issues to enhance the rest of their adult lives as citizens, voters, and participants in the economy.
Strong Pedagogy: chapter opener pages with a chapter outline and a checklist of important economic concepts, excerpts illustrating pertinent economic issues introduce chapter discussion, and marginal definitions and notations clarify terms and provide insight into discussions for students. Easy-to-understand figures and tables illustrate points of discussion. End of chapter summaries, discussion questions, list of additional readings, and World Wide Web resources reinforce learning of new material. Easy-to-use Glossary of Terms facilitates assimilation of new vocabulary.
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