Nelson Higher Education

Higher Education

Exploring Economics, 4th Edition

  • Robert L. Sexton
  • Peter N. Fortura
  • Colin C. Kovacs
  • ISBN-10: 0176714391
  • ISBN-13: 9780176714390
  • 0 Pages
  • Previous Editions: 2013, 2010, 2008
  • COPYRIGHT: 2016 Published
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Overview

About the Product

The fourth Canadian edition of Exploring Economics delivers a strong foundation in economic principles through an applied approach and spirited writing style which builds confidence and comprehension while students learn challenging concepts. Complete with a modular format where each chapter is broken into bite-sized sections, Exploring Economics promotes retention and mastery of economic principles by communicating concepts in a modern and engaging manner.

Features

  • With the Section by Section Approach, economic ideas and concepts are presented in short, self-contained units rather than large blocks of texts. Students find this approach to be less overwhelming and more manageable, leading to greater levels of success.

  • Designed to promote in-class discussion and self-exploration, Debate Boxes allow students to analyze both sides of economics issues.

  • Chapter-in Review Cards deliver a summary of key concepts at a glance. A highly popular and beneficial study aid, these cards support studying anytime, anywhere.

About the Author

Robert L. Sexton

A distinguished professor of economics at Pepperdine University's Seaver College, Robert Sexton is a graduate of California Lutheran College and received his M.A. and Ph.D. degrees from the University of Colorado. Dr. Sexton writes frequently for economic and business journals and is the author of nine books on economics, including his newly released EXPLORING ECONOMICS and Survey of ECON published by South-Western/Cengage Learning. His research spans American economic history, economic policy analysis, statutes and enforcement costs, public choice, regional economics, migration, and economic education. Professor Sexton has been a visiting professor at UCLA and was Pepperdine's 1991 Professor of the Year. His professional achievements have been recognized with the Howard A. White Memorial Teaching Award, the Luckman Distinguished Teaching Fellowship, and multiple Merit Acceleration Awards for excellence in teaching and research.

Peter N. Fortura

Peter N. Fortura earned his undergraduate degree from Brock University, where he was awarded the Vice-Chancellor’s Medal for academic achievement, and his Master of Arts from the University of Western Ontario in London, Ontario. He has taught economics at Algonquin College in Ottawa for over 20 years. Prior to that, he was an economist in the International Department of the Bank of Canada in Ottawa. Professor Fortura has published articles on Canadian housing prices, Canada’s automotive industry, and Canada’s international competitiveness. As well, he is the author of the Study Guide to Accompany Principles of Macroeconomics, by Mankiw, Kneebone, and McKenzie (Nelson Education, 7th edition), and co-author of the statistics textbook Contemporary Business Statistics with Canadian Applications (Pearson, 3rd edition). He lives in Ottawa with his wife, Cynthia, and their children, Laura and Nicholas.

Colin C. Kovacs

Colin C. Kovacs received his Master of Arts degree from Queen’s University after completing his Bachelor of Arts degree at the University of Western Ontario. He has taught economics, statistics, and finance for nearly 25 years at both the DeVry College of Technology in Toronto and Algonquin College in Ottawa. His research papers have included Determinants of Labour Force Participation Among Older Males in Canada and Minimum Wage—The Past and Future for Ontario. Professor Kovacs lives in Ottawa with his wife, Lindsay, and their children, Rowan, Seth, and Myles.

Table of Contents

Chapter 1: The Role and Method of Economics
Chapter 2: Scarcity, Trade-Offs, and Production Possibilities
Chapter 3: Supply and Demand
Chapter 4: Bringing Supply and Demand Together
Chapter 5: Elasticity
Chapter 6: Consumer Choice and Market Efficiency
Chapter 7: Production and Costs
Chapter 8: Perfect Competition
Chapter 9: Monopoly
Chapter 10: Monopolistic Competition and Oligopoly
Chapter 11: Labour Markets and the Distribution of Income
Chapter 12: Market Failure and the Environment
Chapter 13: Introduction to Macroeconomy
Chapter 14: Measuring Economic Performance
Chapter 15: Economic Growth in the Global Economy
Chapter 16: Aggregate Demand
Chapter 17: Aggregate Supply and Macroeconomic Equilibrium
Chapter 18: Fiscal Policy
Chapter 19: Money and Banking System
Chapter 20: The Bank of Canada
Chapter 21: Monetary Policy
Chapter 22: International Trade
Chapter 23: International Finance

Answers to Odd-Numbered Problems
Glossary
Index
Chapter in Review

New to this edition

  • Updated and current examples and photos have been added based on student reviews and feedback. More than half of the examples and photos throughout have been updated with current, real-life examples to promote student engagement, such as Sidney Crosby, energy drinks, Apple products, high-end cards, and social networking.
  • Updated tables and figures have been added with current data and statistics, ensuring relevancy of content.
  • Blueprint Problems are fully annotated and complete with solutions. They provide insight into key economic topics and issues by demonstrating the essential steps necessary to successfully complete complex economic problems.
  • Business Connections are designed to highlight the connection between economic theory and business principles, providing students with a deeper understanding of how economic theory is applied in the business world. Questions have been added to make content more interactive for students and are excellent for in-class discussion topics.
  • MindTap with Aplia is a personalized teaching experience with relevant assignments that guide students to analyze, apply, and elevate thinking, allowing instructors to measure skills and promote better outcomes with ease. A fully online learning solution, MindTap combines all student learning tools—readings, multimedia, activities, and assessments—into a single Learning Path that guides the student through the curriculum. Instructors personalize the experience by customizing the presentation of these learning tools to their students, seamlessly introducing their own content into the Learning Path.
  • Aplia is an innovative, easy-to-use, interactive technology that gives students more practice, with detailed feedback to help them continue to build upon previously learned knowledge and skills. Interactive tools and additional content further increase student engagement and understanding to help students be better prepared for class.

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

MindTap (12 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 0176701397 | ISBN-13: 9780176701390)

MindTap® provides you with the tools you need to manage your time better. You can complete assignments whenever and wherever with course material customized and streamlined for you by your instructor in a proven and easy-to-use interface. Relevant, engaging material keeps you connected to your course and course analytics by providing timely feedback showing you where you stand at all times—both individually and compared with the highest performers in class. With a wide array of course specific tools and apps – from an interactive eBook to note taking capabilities and flashcards, you can feel confident that MindTap is a worthwhile and valuable investment in your education. Please note - A Course Registration URL or Course Key is required from your Instructor to use MindTap.

Aplia (6 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 017659633X | ISBN-13: 9780176596330)
Aplia (12 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 0176596348 | ISBN-13: 9780176596347)
Instructor Resources for Exploring Macroeconomics, Fourth Canadian Edition (12 Month Access)  (ISBN-10: 017659647X | ISBN-13: 9780176596477)
MindTap (12 Months) Printed Access Card for Sexton's Exploring Economics  (ISBN-10: 0176701389 | ISBN-13: 9780176701383)

Student Supplements

MindTap (12 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 0176701397 | ISBN-13: 9780176701390)

MindTap® provides you with the tools you need to manage your time better. You can complete assignments whenever and wherever with course material customized and streamlined for you by your instructor in a proven and easy-to-use interface. Relevant, engaging material keeps you connected to your course and course analytics by providing timely feedback showing you where you stand at all times—both individually and compared with the highest performers in class. With a wide array of course specific tools and apps – from an interactive eBook to note taking capabilities and flashcards, you can feel confident that MindTap is a worthwhile and valuable investment in your education. Please note - A Course Registration URL or Course Key is required from your Instructor to use MindTap.

Aplia (6 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 017659633X | ISBN-13: 9780176596330)
Aplia (12 Months) Instant Access for Sexton's Exploring Economics  (ISBN-10: 0176596348 | ISBN-13: 9780176596347)
MindTap (12 Months) Printed Access Card for Sexton's Exploring Economics  (ISBN-10: 0176701389 | ISBN-13: 9780176701383)