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Issues in Economics Today is a modern issues book that presents the latest and most interesting topics. Most importantly, this title was developed to allow instructors the maximum flexibility to teach this material in a manner that fits their personal style.
Some professors like to intertwine theory and issues while others like to lay the theoretical foundation first before heading into the issues. Some faculty will choose to set a theme for their course and pick issues consistent with that theme while others will let their students decide what issues interest them. Beginning with eight intensive core theory chapters and followed by 33 shorter issues chapters, there is no right way to use the book.
The 33 issues chapters are divided into the following categories: Macroeconomic Issues, International Issues, Externalities and Market Failure, Health Issues, Government Solutions to Societal Problems, Discrimination Issues, Price Control Issues, and Miscellaneous Markets. These groupings help instructors navigate through the Table of Contents when looking for a particular topic.
This book also has the benefit of having timely web-available chapters that allow students to study issues as they happen. Between the time the first edition went to press and this edition became available, the accounting scandals of 2002 occurred. During the book’s first year the U.S. went to war in Iraq. Before this edition hit college bookstores, the Housing Bubble was of significant concern. Chapters discussing the economic impact of these events were available within a month of these events on the web.