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1 year access for the below 3 subjects
- Economics
- Accounting
- Introduction to Business
Economics
- THREE NEW CHAPTERS ADDRESS IMPORTANT, INFLUENTIAL TOPICS IN ECONOMICS TODAY. The author has created three new chapters in this edition to capture the latest content related to forces influencing economics. While the topics are new to the principles course, they are discussed in a way that students can easily understand. New Chapter 18 reviews creative destruction and crony capitalism. New Chapter 30 examines health economics, including experiments, disparities and prices related to health care; and a new Chapter 33 explores the latest economic research, including causal inference and machine learning.
- UPDATED “ECONOMICS 24/7” FEATURES DEMONSTRATE ECONOMICS AT WORK IN DAILY LIFE. These engaging and practical boxed features in every chapter highlight areas such as incentives and going to the movies, the disappearing Phillips curve, negative interest rates, the economic effects of Covid-19, holding cash, Google as a nonexcludable public good, antitrust and Big Tech and Shake Shack. Other “Economics 24/7” in this edition present developments such as economic growth and medical innovations, artificial intelligence, mobile phone-based transfer services, Cloud services and data portability.
- NEW CONTENT DETAILS CREATIVE DESTRUCTION AND CRONY CAPITALISM AND THEIR IMPACT ON ECONOMICS (CH. 18). Students examine what is happening in today’s changing, and sometimes unsettled, economy. New material defines both creative destruction and crony capitalism using past and present examples. Students read about the roles of companies such as Amazon, Facebook and Google in the economy. New content also reviews the effects of creative destruction on capital-labor mix in the economy, how artificial intelligence (AI) affects employment and the role of rent-seeking in crony capitalism.
- SIGNIFICANTLY REVISED COVERAGE OF THE FEDERAL RESERVE SYSTEM (CH. 13) REVIEWS CHANGES IN MONETARY POLICY TODAY. This rewritten chapter on the Federal Reserve System now highlights the major difference between how monetary policy was conducted in the past (pre-October 2008) and how it is conducted today. This discussion of today’s monetary policy examines how the interest on reserves rate (IOR rate) and the overnight reverse repurchase rate (ON-RRP rate) are used by the Fed in conducting monetary and interest rate policy in an ample reserves environment.
- NEW CHAPTER 33 ADDRESSES NEW FRONTIERS IN ECONOMIC RESEARCH: CAUSAL INFERENCE AND MACHINE LEARNING. The latest content introduces students to what is happening in economic research today. Students learn the differences between a controlled and a natural experiment with examples of natural experiment research studies. Students also learn about machine learning and how it is used to make accurate predictions. Specific examples study situations such as how being drafted into the Vietnam War affected long-term earnings.
- NEW CHAPTER 30, “HEALTH ECONOMICS: EXPERIMENTS, DISPARITIES, AND PRICES” INTRODUCES NEW DEVELOPMENTS IN HEALTH CARE TODAY. New discussions review today’s prominent health disparities and why they exist. The author also explores the results of the RAND Health Insurance Experiment. Students consider why the U.S. spends more than other countries on health care. This chapter also examines how randomized control trials are used in the study of health care.
Accounting
Introduction to Financial Accounting is a market-leading textbook that offers comprehensive coverage of all the fundamental accounting techniques and practices required by the major accountancy bodies, and explains the reasons why transactions are accounted for in a particular manner. The authors provide stimulating discussion that enables students to think strategically about the influence that accounting has on economic decision-making and its impact on wider society.
For students undertaking a degree in accounting or business studies, this ninth edition has been fully revised and updated to the latest accounting standards. It provides a contemporary approach whilst retaining its highly valued concise, student-friendly chapters and practical content. This essential resource is packed with real world examples, worked examples and exercises to keep students engaged and to aid understanding of complex accounting theory.
Introduction to Business
The introduction to business course is an opportunity for students to learn to create their own success and prepare for a career. Featuring an unrivaled text and Connect compilation of exciting application-focused content, activities, and examples, the 13th edition of Business Foundations: A Changing World, guides students through the technology-saturated world of business today.
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