Robert C. Guell,
Indiana State University - Terre Haute
ISBN: 0073375934 Copyright year: 2010
What's New
New Chapters: In its Fifth edition, Issues in Economics Today introduces three new chapters that examines the housing bubble, the causes, consequences, and responses to the 2007-2009 recession, and foreign exchange rates.
New Chapter 11, The Housing Bubble comes from the web and places in the book a revised version of the Housing Bubble chapter that has resided on the web for two editions. This chapter examines the causes of this crisis, its origins and its effects.
New Chapter 12, The Recession of 2007-2009: Causes and Policy Responses looks at the recession that began in 2007, focusing on the housing issue without making the housing bubble chapter itself seem redundant, and then moves to put the TARP and stimulus package discussion in the context of the time in which they were enacted.
New Chapter 16, International Finance and Exchange Rates pulls the foreign exchange discussion out of a chapter devoted to the IMF and gives it a deeper treatment. This chapter is part of an ongoing commitment to international issues.
Updated Data and Information: Data graphs and tables were updated to include the latest available information.
Reorganization of chapters: The Fifth edition reorganizes the 35 issues chapters to better meet the needs of students.
Web Chapters: Previous edition chapters on Anti-Trust, Head Start, and Rent Control are now located on the Web site as optional chapters.
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