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, 9E 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.
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1. Economic Growth: An Introduction to Scarcity and Choice. 2. An Introduction to Economic Systems and the Workings of the Price System. 3. Competitive Markets and Government Policy: Agriculture. 4. Efficiency in Resource Allocation: How Much Do We Have? How Much Do We Want? 5. Market Power: Does It Help or Hurt the Economy? 6. Air Pollution: Balancing Benefits and Costs. 7. Health Care: How Much? For Whom? 8. Crime and Drugs: A Modern Dilemma. 9. College Education: Is It Worth the Cost? 10. Educational Reform: The Role of Incentives and Choice. 11. Poverty: New Approaches to an Old Problem. 12. Tracking and Explaining the Macroeconomy. 13. Unemployment: The Legacy of Recession, Technological Change, and Free Choice. 14. Inflation: A Monetary Phenomenon. 15. Sustained Budget Deficits: Is This Any Way to Run a Government? 16. Social Security: Leading Issues and Approaches to Reform. 17. International Trade: Beneficial, but Controversial. 18. Financing Trade and the Trade Deficit.
Bill McLean has taught a variety of economics courses during the past 13 years. His experience includes instructing both at the college and high school levels where he has taught Advanced Placement (AP) Microeconomics and Macroeconomics, Principles of Microeconomics, Intermediate Macroeconomics as well as Money and Banking. He is a reader for the National AP Economics Exam. His primary research covers economic education and economic teaching pedagogies. He earned his B.A. in Business Administration from Columbus State University and M.B.A from Florida Institute of Technology. He also holds a M.A. in National Security and Strategic Studies from the Naval War College. He is currently completing a Ph.D. in Economics at Oklahoma State University.
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