James D. Thexton
The third edition of this widely used resource has been redesigned and updated for use in high school e conomics courses. This text introduces students to general economic theory using predominantly Canadian examples. The book uses activities which involve the students in problem-solving
scenarios and simulations. "Building your skills" sections provide instruction and practice in budgeting; developing a business plan; reading tables, graphs, charts, and financial statements; interpreting stock market quotations; making foreign currency exchanges; and more. "Application" sections
link theory with pra ctice. "Case study" sections challenge students to apply their learning to real-life situations and "Issues" sections present controversial economic problems for discussion and debate.
This text features updated statistics and examples based on current economic
realities. Also, fresh profiles, excerpts, articles, and cartoons reflect contemporary economic concerns. New to this edition are discussions of the government debt and deficit; the GST; NAFTA; global trade; the demise of the Soviet command economy; and the future of labour unions in Canada.
1. Scarcity and Decision Making
2. National Decision Making
3. Productive Resources
4. The Entrepreneur
5. Business Organization and Finance
6. Demand, Supply, and Markets
7. A Spectrum of Markets
8. Distribution
9. Labour Unions
10. Consumption and
Savings
11. Government Expenditures and Revenues
12. Money and Banking
13. Unemployment
14. Inflation
15. Economic Growth and Productivity
16. International Trade
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