TY - BOOK AU - Schiller,Bradley R. TI - The economy today SN - 9780073375892 (alk. paper) AV - HB171.5 .S292 2010 U1 - 330 22 PY - 2010///] CY - New York, NY PB - McGraw-Hill KW - Economics N1 - Includes index; Part 1: The economic challenge -- Economic: the core issues -- The U.S. economy: a global view -- Supply and demand -- The role of government -- Part 2: Measuring macro outcomes -- National-income accounting -- Unemployment -- Inflation -- Part 3: Cyclical instability -- The business cycle -- Aggregate demand -- Self-adjustment or instability? -- Part 4: Fiscal policy tools -- Fiscal policy -- Deficits and debt -- Part 5: Monetary policy options -- Money and banks -- The Federal Reserve system -- Monetary policy -- Part 6: Supply-side options -- Supply-side policy: short-run options -- Growth and productivity: long run possibilities -- Part 7: Policy constraints -- Theory versus reality -- Part 8: Product markets: the basics -- Consumer demand -- The costs of production -- Part 9: Market structure -- The competitive firm -- Competitive markets -- Monopoly -- Oligopoly -- Monopolistic competition -- Part 10: Regulatory issues -- (De)regulation of business -- Environmental protection -- The farm problem -- Part 11: Factor markets: basic theory -- The labor market -- Labor unions -- Financial markets -- Part 12: Distributional issues -- Taxes: equity versus efficiency -- transfer payments: welfare and social security -- Part 13: International economics -- International trade -- International finance -- Global poverty ; 300-399 N2 - Emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This title teaches economics in a relevant context, filling chapters with the real facts and applications of economic life. It presents macro theory in the context of the AS/AD framework ER -