CTE Economics with CB VitalSource eBook 12th Edition
Roger A. Arnold
ISBN-13: 9789814773621 | ISBN-10: 981477362X
© 2016 | Published |  768  Pages

Binding Format:

Paperback/Softcover Book/Jrnal
Cengage Technology Edition combines a full ebook or digital solutions package with each print edition. Use this new hybrid edition for maximum flexibility and benefits.
Quantity: 
Not Available
For quantity discount, Contact your Representative

Please note that the digital access code that comes with the print book is valid for use in a specific Asia territory only.

CB VitalSource eBook – The ultimate eBook experience has arrived! Easily access our eBooks with features that will improve your reading experience, and tools to help you take notes and organize your studies.

Ever wonder why you have the number of friends that you do? Would a tax on soda really reduce obesity? What is going on with the financial problems in Greece? Is a tax rebate is better than a tax bonus? ECONOMICS, 12E answers these questions and many more as this book opens up the world of economic analysis. This edition offers more detailed coverage of the financial and economic crisis than any other economics book of its kind on the market. Memorable examples from pop culture illustrate the unexpected places economics occur and show how economic forces link to every day events.

This edition offers complete video assets ideal for self-study. "Video Office Hours" digital lectures walk you through worked problems, while new Progression Graphs demonstrate key concepts in graphing for clarification. A new Test Prep Generator available on MindTap™ enables you to assess your personal economic understanding. Powerful digital resources, including Aplia™, MindTap™, and Cengage's CourseMate™, work with the book's latest content to reflect today's changing economy and equip you with a thorough understanding of contemporary economics.



  • AN INTRODUCTION TO ECONOMICS.
    Part I: ECONOMICS: THE SCIENCE OF SCARCITY.
    1. What Economics Is About.
    Appendix A: Working with Diagrams.
    Appendix B: Should You Major in Economics?
    2. Production Possibilities Frontier Framework.
    3. Supply and Demand: Theory.
    4. Prices: Free, Controlled, and Relative.
    5. Supply, Demand, and Price: Applications.
    MACROECONOMICS.
    Part II: MACROECONOMIC FUNDAMENTALS.
    6. Macroeconomic Measurements, Part I: Prices and Unemployment.
    7. Macroeconomic Measurements, Part II: GDP and Real GDP.
    Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY.
    8. Aggregate Demand and Aggregate Supply.
    9. Classical Macroeconomics and the Self-Regulating Economy.
    10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy.
    11. Fiscal Policy and the Federal Budget.
    Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY.
    12. Money, Banking, and the Financial System.
    13. The Federal Reserve System.
    Appendix C: The Market for Reserves (or the Federal Funds Market).
    14. Money and the Economy.
    15. Monetary Policy.
    Appendix D: Bond Prices and the Interest Rate.
    Part V: EXPECTATIONS AND GROWTH.
    16. Expectations Theory and the Economy.
    17. Economic Growth: Resources, Technology, Ideas, and Institutions.
    Part VI: THE FINANCIAL CRISIS OF 2007-2009.
    18. The Financial Crisis of 2007-2009.
    Part VII: GOVERNMENT AND THE ECONOMY.
    19. Debates in Macroeconomics Over the Role and Effects of Government.
    MICROECONOMICS.
    Part VIII: MICROECONOMIC FUNDAMENTALS.
    20. Elasticity.
    21. Consumer Choice: Maximizing Utility and Behavioral Economics.
    Appendix E: Budget Constraint and Indifference Curve Analysis.
    22. Production and Costs.
    Part IX: PRODUCT MARKETS AND POLICIES.
    23. Perfect Competition.
    24. Monopoly.
    25. Monopolistic Competition, Oligopoly, and Game Theory.
    26. Government and Product Markets: Antitrust and Regulation.
    Part X: FACTOR MARKETS AND RELATED ISSUES.
    27. Factor Markets: With Emphasis on the Labor Market.
    28. Wages, Union, and Labor.
    29. The Distribution of Income and Poverty.
    30. Interest, Rent, and Profit.
    Part XI: PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS.
    31. Market Failure: Externalities, Public Goods, and Asymmetric Information.
    32. Public Choice and Special-Interest-Group Politics.
    Part XII: ECONOMICS THEORY-BUILDING AND EVERYDAY LIFE.
    33. Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions.
    THE GLOBAL ECONOMY.
    Part XIII: INTERNATIONAL ECONOMICS AND GLOBALIZATION.
    34. International Trade.
    35. International Finance.
    36. Globalization and International Impacts on the Economy.
    WEB CHAPTERS.
    37. The Economic Case For and Against Government: Five Topics Considered.
    38. Stocks, Bonds, Futures and Options.
    39. Agriculture: Problems, Policies, and Unintended Effects.

    • ONLY BOOK THAT DEVOTES ENTIRE CHAPTER TO RECENT FINANCIAL CRISIS. Chapter 18 highlights the financial crisis of 2007-2009 and is the only principles of economics book currently available that does this. The author covers all aspects of the crisis from its historical roots and the various factors that contributed to the breakdown to policy responses from the government. This unique chapter brings together the context and direction that today's instructors and students have requested for a thorough economic analysis of the recent crisis.
    • VIDEO OFFICE HOURS FROM AUTHOR WALK STUDENTS THROUGH KEY CONCEPTS AND GRAPHS FOR EACH CHAPTER. Using innovative video and whiteboard technology, the author provides both short digital concept pieces and longer digital lectures for each chapter. He clearly presents key economic concepts just as he does in his own classes, using a whiteboard for lecture points and demonstrating graphs. Students can play and replay the lectures as often as needed to review concepts.
    • OFFICE HOURS ANSWER TYPICAL QUESTIONS STUDENTS ASK AFTER CLASS. This helpful, unique feature explores key concepts, such as how the money supply works, the purpose of the PPF, whether price ceilings are really good or bad for consumers, and the purpose of the AD/AS framework. Students find meaningful answers to many of their most commonly asked questions.
    • ECONOMICS 24/7 FEATURE ILLUSTRATES THE PRACTICAL RELEVANCE OF KEY CONCEPTS. This helpful feature explores numerous timely issues that can be explained through economic analysis. For example, students examine why people specialize and trade, whether or not a tax on soda will help reduce obesity, why states may ban real estate commission rebates and whether a tax rebate or tax bonus is better. Economics 24/7 teaches readers to look for economic forces at work--and understand the principles behind those forces.
    • LEADING Aplia DIGITAL MANAGEMENT SYSTEM ENCOURAGES INTERACTIVE LEARNING. Aplia offers comprehensive interactive economic problem sets, analyses, tutorials, experiments and critical thinking exercises that require students to take an active role in the learning process. Based on discovery learning, the system helps students improve their economic understanding without creating extra work for you, the instructor. The system automatically grades and records homework and works with any learning management system.
    • VIRTUALLY ENDLESS CUSTOMIZATION CHOICES OFFER ULTIMATE TEACHING FLEXIBILITY. Chapters can be rearranged, online chapters can be customized in print, and you have the option to add any topic, including your own research and notes or specialized topics drawn from the Cengage Economics Issues database. Aplia's™ customization is fully integrated, giving your students hands-on application opportunities without adding to your workload.
    • NEW ADAPTIVE TEST PREP HELPS STUDENTS PREPARE FOR TEST SUCCESS. The Adaptive Test Prep on MindTap™ helps students gauge their understanding before taking an exam. The Adaptive Test Prep offers remediation and additional resources. The remediation combines a series of author created videos and detailed feedback to help students understand their incorrect answers.
    • NEW PROGRESSION GRAPHS CLARIFY GRAPHING PRINCIPLES. Available on MindTap™, these Progression Graphs help students better understand economic graphs by showing their composition, step-by-step.
    • FRESH EMPHASIS ON THE LATEST SOCIAL MEDIA HIGHLIGHTS ITS IMPACT IN THE ECONOMY. This edition uses the Economics 24/7 feature to showcase detailed discussions on social media and its economic influences as it relates to chapter topics.
    • WELL-BALANCED COVERAGE OF ECONOMIC FAILURE OF 2008 ANALYZES MARKET AND GOVERNMENT FAILURE. While many books in the market examine market failure, this edition offers a complete, consistent and balanced discussion of this important recent historical event, examining both market failure and government reaction and mistakes.
    • DISCUSSION ENCOURAGES A DEEPER RELATIONSHIP BETWEEN ECONOMICS AND EVERY DAY LIFE. New, relevant topics, such money and happiness and gold standard as money policy, keep the reader interest and demonstrate the application of what students are learning.
    • NEW BEHAVIORIAL & EXPERIMENTAL ECONOMICS VIDEO SERIES. Available on MindTap™, gives students a preview into behavioral economics by, discussing the rational-actor model, reviewing experiments performed by behavioral economists to challenge the rational-actor model and, discussing some of the contributions of, and weakness of, behavioral economics.
For more information about these supplements, or to obtain them, contact your Learning Consultant

  • Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access for Arnold's Economics
    ISBN-10: 1305386531 | ISBN-13:9781305386532
    List Price = 145.00
    Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access for Arnold's Economics
    Aplia, 1 term Instant Access for Arnold's Economics
    ISBN-10: 1305392396 | ISBN-13:9781305392397
    List Price = 130.00
    Aplia for Economics
    Aplia, 2 terms Instant Access for Arnold's Economics
    ISBN-10: 130539240X | ISBN-13:9781305392403
    List Price = 145.00
    Aplia for Economics
    Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms Instant Access for Arnold's Economics
    ISBN-10: 1305396383 | ISBN-13:9781305396388
    List Price = 145.00
    Aplia with Write Experience 2.0 Powered by MyAccess for Economics
    MindTap Economics, 1 term (6 months) Instant Access for Arnold's Economics
    ISBN-10: 1305396715 | ISBN-13:9781305396715
    List Price = 130.00
    MindTap Economics for Arnold's Economics, 12E is a personalized teaching experience with relevant assignments that guide students to analyze, apply, and improve thinking, allowing you to measure skills and outcomes with ease.
    MindTap Economics, 2 terms (12 months) Instant Access for Arnold's Economics
    ISBN-10: 1305396766 | ISBN-13:9781305396760
    List Price = 145.00
    MindTap Economics for Arnold's Economics, 12E is a personalized teaching experience with relevant assignments that guide students to analyze, apply, and improve thinking, allowing you to measure skills and outcomes with ease.
    Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Arnold's Economics
    ISBN-10: 1305396839 | ISBN-13:9781305396838
    List Price = 130.00
    Aplia with Write Experience 2.0 Powered by MyAccess for Economics
    LMS Integrated for Aplia, 1 term Instant Access for Arnold's Economics
    ISBN-10: 1305409752 | ISBN-13:9781305409750
    List Price = 130.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for Aplia, 2 terms Instant Access for Arnold's Economics
    ISBN-10: 1305409760 | ISBN-13:9781305409767
    List Price = 145.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Arnold's Economics
    ISBN-10: 1305409795 | ISBN-13:9781305409798
    List Price = 130.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms Instant Access for Arnold's Economics
    ISBN-10: 1305409809 | ISBN-13:9781305409804
    List Price = 145.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term (6 months) Instant Access for Arnold's Economics
    ISBN-10: 1305409841 | ISBN-13:9781305409842
    List Price = 130.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access for Arnold's Economics
    ISBN-10: 130540985X | ISBN-13:9781305409859
    List Price = 145.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for MindTap Economics, 1 term (6 months) Instant Access for Arnold's Economics
    ISBN-10: 1305409892 | ISBN-13:9781305409897
    List Price = 130.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    LMS Integrated for MindTap Economics, 2 terms (12 months) Instant Access for Arnold's Economics
    ISBN-10: 1305409906 | ISBN-13:9781305409903
    List Price = 145.00
    Cengage Learning provides Learning Management System (LMS) integration with our MindLinks service. This service is designed to deliver an optimal user experience through the learning management system (LMS) already used by the institution--facilitating learning retention and contributing to better learner outcomes. Our collaboration with LMS industry leaders helps drive advanced features like gradebook integration, while the fluid pedagogical design contributes to more teachable moments.
    Cengage Learning Testing, powered by Cognero® Instant Access for Arnold's Macroeconomics
    ISBN-10: 1305493192 | ISBN-13:9781305493193
    List Price = 59.00
    Cengage Learning Testing powered by Cognero® is a flexible, online system that allows you to: import, edit, and manipulate content from the text's test bank or elsewhere, including your own favorite test questions; create multiple test versions in an instant; and deliver tests from your LMS, your classroom, or wherever you want.
    Cengage Learning Testing, powered by Cognero® Instant Access for Arnold's Microeconomics
    ISBN-10: 1305493214 | ISBN-13:9781305493216
    List Price = 59.00
    Cengage Learning Testing Powered by Cognero is a flexible, online system that allows you to author, edit, and manage test bank content, create multiple test versions in an instant, and deliver tests from your LMS, in your classroom or through CengageNOW.
    Digital Assets, 2 terms (12 months) Instant Access for Arnold's Economics
    ISBN-10: 1305496604 | ISBN-13:9781305496606
    List Price = 37.00
    Digital Assets, 2 terms (12 months) Instant Access for Arnold's Economics


  • Dr. Roger A. Arnold is Professor of Economics at California State University San Marcos, where his fields of specialization include general microeconomic theory and monetary theory. A widely respected authority on economic issues, Dr. Arnold is a regularly featured expert on talk radio discussing the state of the economy. He is also a proven author who has published numerous academic articles, hundreds of newspaper columns, as well as the popular ECONOMICS: NEW WAYS OF THINKING and principles of economics supplemental text, HOW TO THINK LIKE AN ECONOMIST. Dr. Arnold earned a B.S. in Economics from the University of Birmingham in England and received his M.A. and his Ph.D. degrees from Virginia Tech.