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CONTENTS Economics Operations Strategy............................................................65 Production/Inventory Control...............................................63 Project Management...........................................................63 Advanced Microeconomics.................................................49 Project Management (Prof Ref)...........................................74 Asian Economics.................................................................49 Purchasing and Supply Chain Management....................... 68 Econometrics.......................................................................38 Quality Control/Management...............................................65 Economic Growth and Development...................................48 Quantitative Method - Text...................................................61 Economics for Business......................................................28 Service Operations Management........................................67 Economics Issues...............................................................29 Upper Level Operations Management................................62 Environmental Economics...................................................37 History of Economic Thought..............................................45 Intermediate Macroeconomics............................................31 Intermediate Microeconomics.............................................33 Business Statistics International Economics......................................................43 Labor Economics.................................................................46 Managerial Economics........................................................35 Business Forecasting..........................................................86 Mathematical Economics....................................................40 Business Research Method................................................87 Money and Banking.............................................................42 Business Statistics - Supplements......................................85 Principles of Economics - Software.....................................15 Business Statistics - Textbook.............................................79 Principles of Economics - Supplementary...........................16 Linear Statistics/Regression................................................88 Principles of Economics - Textbooks.....................................9 Others..................................................................................89 Principles of Macroeconomics - Textbooks.........................18 Principles of Microeconomics - Textbooks...........................22 Public Finance.....................................................................47 Regional Economics............................................................49 Business Math Survey of Economics...........................................................27 Urban Economics................................................................47 Business Math.....................................................................93 Business Math Supplements...............................................94 Operations/Decision Science Business/Systems Dynamics..............................................53 Indexes Data Mining.........................................................................73 Enterprise Resource Planning.............................................72 Introductory Operations Management.................................53 Author Indexes..................................................................101 Logistics & Supply Chain Management (Prof Ref).............. 74 Title Indexes........................................................................95 Management Science - Text................................................59 Operation Management Software.......................................59 Operation Management Supplement..................................58 Operation Research............................................................73 HED 08 Econs & Dec Science Conte1 1 10/4/2007 10:08:53 AM CONTENTS HED 08 Econs & Dec Science Conte2 2 10/4/2007 10:08:53 AM NEW TITLES ECONOMICS 2009 Author ISBN-13 MHID Essentials of Economics, 7e Schiller 9780073375809 0073375802 27 International Economics, 6e Appleyard 9780073375670 0073375675 43 Managerial Economics and Business Strategy, 6e Baye 9780073375687 0073375683 35 Microeconomics Bernheim 9780072900279 007290027X 33 Taking Sides: Clashing Views on Economi Issues, 13e Bonello 9780073527253 0073527254 30 Labor Economics, 4e Borjas 9780073402826 0073402826 46 Chinese Economy Cai 9780071232067 0071232060 49 Money, Banking and Financial Markets, 2e Cecchetti 9780073523095 0073523097 42 Economics, 7e Colander 9780073402864 0073402869 9 Macroeconomics, 7e Colander 9780073343662 0073343668 18 Microeconomics, 7e Colander 9780073343655 007334365X 22 Macroeconomics, 10e Dornbusch 9780073128115 0073128112 31 Microeconomics and Behavior, 7e Frank 9780073375731 007337573X 34 Issues in Economics Today, 4e Guell 9780073375700 0073375705 29 Economic Principles, 2e Jackson 9780074717110 0074717111 13 Contemporary Labor Economics, 8e Campbell 9780073511320 0073511323 46 Economics, 17e McConnell 9780073126630 0073126632 10 Macroeconomics, 17e McConnell 9780073273082 0073273082 18 Microeconomics, 17e McConnell 9780073273099 0073273090 23 Public Finance, 8e Rosen 9780073511283 0073511285 47 The Economy Today, 11e Schiller 9780073511269 0073511269 11 The Macro Economy Today, 11e Schiller 9780073287119 0073287113 19 The Micro Economy Today, 11e Schiller 9780073287126 0073287121 24 Economics of Social Issues, 18e Sharp 9780073402802 007340280X 30 Economics, 8e Slavin 9780073511276 0073511277 12 Macroeconomics, 8e Slavin 9780073281483 0073281484 20 Microeconomics, 8e Slavin 9780073281476 0073281476 25 Mathematics for Economics Taylor 9780077107864 0077107861 40 Managerial Economics, 9e Thomas 9780073402819 0073402818 36 Page 2008 HED 08 Econs & Dec Science Conte3 3 10/4/2007 10:08:53 AM NEW TITLES OPERATIONS/DECISION SCIENCES 2009 Author ISBN-13 MHID Page Matching Supply with Demand: An Intro to Operations Management, 2e Cachon 9780073525167 0073525162 53, 68 Operations and Supply Management, 12e Jacobs 9780077228934 0077228936 53 Production and Operations Analysis, 6e Nahmias 9780073377858 0073377856 62 Operations Strategy: Competiting in the 21st Century Beckman 9780072500783 0072500786 65 Operations Now: Supply Chain Profitability & Peformance w/std DVD, 3e Finch 9780073297057 0073297054 54 Service Management, 6e Fitzsimmons 9780073377834 007337783X 67 Project Management: The Managerial Process, 4e Gray 9780073525150 0073525154 63 An Introduction to Management Science, 3e Hillier 9780073129037 0073129038 59 Factory Physics, 3e Hopp 9780072824032 0072824034 62 Supply Chain Science Hopp 9780073403328 0073403326 68 Operations and Supply Management: The Core Jacob 9780073294735 007329473X 55 Logistics & Supply Chain Management Jonsson 9780077117382 0077117387 69 Spreadsheet Modeling for Business Decisions Kros 9780073317922 0073317926 60 Operations Management Leseure 9780077107888 0077107888 56 Operations Management: Contemporary Concepts & Cases, 4e Schroeder 9780073377865 0073377864 54 Designing and Managing the Supply Chain, 3e Simchi-Levi 9780072982398 007298239X 69 Principles and Tools for Supply Chain Management w/Student CD-ROM Webster 9780072872682 0072872683 70 2008 HED 08 Econs & Dec Science Conte4 4 10/4/2007 10:08:53 AM NEW TITLES BUSINESS STATISTICS 2009 Author ISBN-13 MHID Complete Business Statistics, 7e Aczel 9780073373607 0073373605 79 Applied Statistics in Business and Economics w/Student CD, 2e Doane 9780077214845 0077214846 79 Business Research Methods, 2e Blumberg 9780077117450 007711745X 87 Essentials of Business Statistics, 2e Bowerman 9780072977486 0072977485 79 Business Research Methods, 10e Cooper 9780077224875 0077224876 87 Essential Statistics in Business and Economics Doane 9780073346939 0073346934 80 Basic Statistics for Business and Economics, 6e Lind 9780073521428 0073521426 80 Lind 9780073030265 0073030260 85 Statistical Techniques in Business and Economics, 13e Lind 9780073272962 0073272965 81 Statistics for Business, Economics, Management & Finance Nieuwenhuis 9780077109875 0077109872 81 2008 Author ISBN-13 MHID The Mathematics of Money with Student CD Biehler 9780073524825 0073524824 93 Practical Business Math Procedures, 9e Slater 9780077214562 0077214560 93 Page 2008 Basic Statistics Using Excel for use with Statistical Techniques in Business and Economics, 13e BUSINESS MATHS Page HED 08 Econs & Dec Science Conte5 5 10/4/2007 10:08:53 AM NEW TITLES HED 08 Econs & Dec Science Conte6 6 10/4/2007 10:08:53 AM ECONOMICS Advanced Microeconomics................................................................................ 49 Asian Economics................................................................................................ 49 Econometrics...................................................................................................... 38 Economic Growth and Development.................................................................. 48 Economics for Business..................................................................................... 28 Economics Issues.............................................................................................. 29 Environmental Economics.................................................................................. 37 History of Economic Thought............................................................................. 45 Intermediate Macroeconomics........................................................................... 31 Intermediate Microeconomics.............................................................................33 International Economics..................................................................................... 43 Labor Economics................................................................................................ 46 Managerial Economics....................................................................................... 35 Mathematical Economics................................................................................... 40 Money and Banking............................................................................................ 42 Principles of Economics - Software.....................................................................15 Principles of Economics - Supplementary...........................................................16 Principles of Economics - Textbooks.................................................................... 9 Principles of Macroeconomics - Textbooks.........................................................18 Principles of Microeconomics - Textbooks...........................................................22 Public Finance.................................................................................................... 47 Regional Economics........................................................................................... 49 Survey of Economics...........................................................................................27 Urban Economics............................................................................................... 47 HED 08 Economics.indd 7 10/4/2007 10:08:18 AM NEW TITLES ECONOMICS 2009 Author ISBN-13 MHID Essentials of Economics, 7e Schiller 9780073375809 0073375802 27 International Economics, 6e Appleyard 9780073375670 0073375675 43 Managerial Economics and Business Strategy, 6e Baye 9780073375687 0073375683 35 Microeconomics Bernheim 9780072900279 007290027X 33 Taking Sides: Clashing Views on Economi Issues, 13e Bonello 9780073527253 0073527254 30 Labor Economics, 4e Borjas 9780073402826 0073402826 46 Chinese Economy Cai 9780071232067 0071232060 49 Money, Banking and Financial Markets, 2e Cecchetti 9780073523095 0073523097 42 Economics, 7e Colander 9780073402864 0073402869 9 Macroeconomics, 7e Colander 9780073343662 0073343668 18 Microeconomics, 7e Colander 9780073343655 007334365X 22 Macroeconomics, 10e Dornbusch 9780073128115 0073128112 31 Microeconomics and Behavior, 7e Frank 9780073375731 007337573X 34 Issues in Economics Today, 4e Guell 9780073375700 0073375705 29 Economic Principles, 2e Jackson 9780074717110 0074717111 13 Contemporary Labor Economics, 8e Campbell 9780073511320 0073511323 46 Economics, 17e McConnell 9780073126630 0073126632 10 Macroeconomics, 17e McConnell 9780073273082 0073273082 18 Microeconomics, 17e McConnell 9780073273099 0073273090 23 Public Finance, 8e Rosen 9780073511283 0073511285 47 The Economy Today, 11e Schiller 9780073511269 0073511269 11 The Macro Economy Today, 11e Schiller 9780073287119 0073287113 19 The Micro Economy Today, 11e Schiller 9780073287126 0073287121 24 Economics of Social Issues, 18e Sharp 9780073402802 007340280X 30 Economics, 8e Slavin 9780073511276 0073511277 12 Macroeconomics, 8e Slavin 9780073281483 0073281484 20 Microeconomics, 8e Slavin 9780073281476 0073281476 25 Mathematics for Economics Taylor 9780077107864 0077107861 40 Managerial Economics, 9e Thomas 9780073402819 0073402818 36 Page 2008 HED 08 Economics.indd 8 10/4/2007 10:08:18 AM ECONOMICS Principles of Economics - Textbooks Contents NEW ECONOMICS 7th Edition By David C Colander, Middlebury College 2008(September2007)/924pages ISBN-13:978-0-07-340286-4/MHID:0-07-340286-9 Written in an informal colloquial style, this student-friendly Principles of Economics textbook does not sacrifice intellectual depth in its quest for accessibility. The author’s primary concern is to instill “economic sensibility” in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied. The seventh edition has been significantly revised to make it simpler, shorter, more organized and more applicable to the real world. neW to tHIs eDItIon Chapter dedicated to game theory and strategic thinking: Given the increasing importance of game theory in economic analysis, an introductory discussion on the topic has been moved to its own chapter (Chapter 14: Game Theory, Strategic Thinking, and Behavioral Economics). The game theory presentation is at a principles-appropriate level, giving students a flavor of the game theory approach and faculty an opening to go beyond what’s presented in the book. Approach to monetary policy coverage: Coverage of the supply and demand for loanable funds and the supply and demand for money has been added to Chapter 27 to set up a discussion of the yield curve in Chapter 28. Chapter 28, Monetary Policy, now focuses on monetary policy and open market operations, reflecting the topics that are becoming central to discussions of monetary policy. Revised chapter on fiscal policy and public finance: Fiscal policy is now the sole focus of Chapter 30, providing an overview of economists’ approach to fiscal policy from classical approach to the modern dynamic stochastic equilibrium approach. Fully updated: To keep the text as relevant as possible, the facts, figures, and end-of-chapter questions have all been updated with the latest data and examples. Additionally, discussions have been revised to match current interests in the profession, keeping up with the evolution of the economy and economics. iPod Content: iPod content is now available for students through the Enhanced Cartridge or as Premium Content on the Colander OLC. (See description under Online Supplements). I:Introduction:ThinkingLikeAnEconomist Chapter 1: Economics and Economic Reasoning Chapter 2: The Production Possibility Model, Trade, and Globalization. Chapter 3: Economic institutions Chapter 4: Supply and Demand Chapter 5: Using Supply and Demand II: Microeconomics I: Microeconomics: The Basics Chapter 6: Describing Supply and Demand: Elasticities Chapter 7: Taxation and Government Intervention II:FoundationsofSupplyandDemand Chapter 8: The Logic of Individual Choice: The Foundation of Supply and Demand Chapter 9: Production and Cost Analysis I Chapter 10: Production and Cost Analysis II III:MarketStructure Chapter 11: Perfect Competition Chapter 12: Monopoly Chapter 13: Monopolistic Competition and Oligopoly IV: Real World Competition Chapter 14: Game Theory, Strategic Decisions Marking,and Behavioral Economics Chapter 15: Real-World Competition and Technology Chapter 16: Antitrust Policy and Regulation V:FactorMarkets Chapter 17: Work and the Labor Market Chapter 17w:Non wage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of Income V:ApplyingEconomicReasoningtoPolicy Chapter 19: Government Policy and Market Failures Chapter 19w: Politics and Economics: The Case of Agriculture Markets Chapter 20: Microeconomic Policy, Economic Reasoning, and Beyond Chapter 21: International Trade Policy, Comparative Advantage, and Outsourcing III: Macroeconomics I: Macroeconomic Problems Chapter 23: Economic Growth, Business Cycles, Unemployment, and Inflation Chapter 24: National Income Accounting II: The Macroeconomic Framework Chapter 25: Growth, Productivity, and the Wealth of Nations Chapter 26: Aggregate Demand, Aggregate Supply, and Modern Macroeconomics Chapter 27: The Multiplier Model III: Money, Inflation, and Monetary Policy Chapter 28: Money, Banking, and the Financial Sector Chapter 29: Monetary Policy and the Debate about Macro Policy Chapter 30: Inflation and Its Relationship to Unemployment and Growth IV:MacroPolicyinPerspective Chapter 31: Aggregate Demand Policy in Perspective Chapter 32: Politics, Deficits,and Debt Chapter 33: Macro Policies in Developing Countries V:InternationalPolicyIssues Chapter 34: International Financial Policy Chapter 35: Macro Policy in a Global Setting 9 HED 08 Economics.indd 9 10/4/2007 10:08:19 AM ECONOMICS also combined the prior edition’s separate chapters on fiscal policy and the public debt into single chapter, “Fiscal Policy, Deficits, and Debt” (Chapter 11). The topics are closely related, and consolidation integrates them into a smooth flow. NEW International Edition Updated Consider This Boxes: These boxes are used to provide analogies, examples, or stories that help drive home central economic ideas in a student-oriented, real-world manner. New boxes include such disparate topics as fast food lines (Chapter 1), the Fed as a sponge (Chapter 14), art for art’s sake (Chapter 28), and many more. ECONOMICS 17th Edition Updated Last Word Boxes: These applications and case studies are located toward the end of each chapter. In this edition, we have included photos to pique student interest. New or relocated Last Words include those on pitfalls to sound economic reasoning (Chapter 1), the diminishing impact of oil prices on the overall economy (Chapter 10), and mandatory health insurance (Chapter 33), and many more. By Campbell McConnell, University of Nebraska and Stanley L Brue, Pacific Lutheran University 2008(October2006)/832pages ISBN-13:978-0-07-312663-0/MHID:0-07-312663-2 ISBN-13:978-0-07-126594-2/MHID:0-07-126594-5[IE] http://www.mcconnell17.com McConnell and Brue’s Economics: Principles, Problems, and Policies is the leading Principles of Economics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership with three main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. neW to tHIs eDItIon New Analysis of Monetary Policy: The authors have revised the discussion of monetary policy to help the student understand the Fed’s focus on the federal funds rate, and how changes in that rate affect other interest rates and the overall economy. In Chapter 14, the authors demonstrate how the Fed targets a specific federal funds rate and then uses open-market operations to drive the rate to that level and hold it there (see Figure 14.3). This new analysis will help students interpret the news as it relates to Fed announcements about federal funds rates. Technology Advantage: McGraw-Hill aims to help instructors save time and acknowledge that students study differently now. It is their goal to provide technology solutions that meet those goals. To that end, they have developed the following core set of products and services: homework management, rich course cartridges, Prep Center, iPod Content, and easy to use response system content. Assessment-Ready Learning Objectives and Testing: Each chapter begins with measurable learning objectives. These learning objectives are cross-referenced to specific test bank questions to allow construction of measurement instruments. This direct link between objectives and content facilitates now common accreditation efforts necessary to meet assurance of learning requirements. Internet Chapters: Two new Internet chapters, along with a fully updated preexisting web chapter covering The Economics of Developing Countries (16Web), are available for free use at our website, www. mcconnell17.com. The first of these, “Financial Economics” (Chapter 14Web), examines ideas such as compound interest, present value, arbitrage, risk, diversification, and the risk-return relationship. The second new chapter, “Resource and Energy Economics” (Chapter 27Web) is particularly timely. It covers topics such as the optimal rate of extraction, resource substitution, resource sustainability, and oil prices. Consolidated Chapters: With overwhelming support of reviewers, the authors have consolidated the first two chapters of the prior edition into a single chapter, “Limits, Alternatives, and Choices” (Chapter 1). This new chapter quickly and directly moves the student into the subject matter of economics, demonstrating its methodology. We Updated Last Word Boxes: These applications and case studies are located toward the end of each chapter. In this edition, we have included photos to pique student interest. New or relocated Last Words include those on pitfalls to sound economic reasoning (Chapter 1), the diminishing impact of oil prices on the overall economy (Chapter 10), and mandatory health insurance (Chapter 33), and many more. Contemporary Discussions and Examples: The seventeenth edition references and discusses many current topics: the economics of the war in Iraq, China’s rapid growth rate, large Federal budget deficits, recent Fed monetary policy, the debate over inflation targeting, the productivity acceleration, the recent profit paths of Wal-Mart and General Motors, rising oil prices, Health Savings Accounts (HSAs), immigration impacts, large U.S. trade deficits, off shoring of American jobs, and many more. Contents PART ONE: AN INTRODUCTION TO ECONOMICS and THE ECONOMY To the Student 1 Limits, Alternatives, and Choices (Appendix: Graphs and Their Meaning) 2 The Market System and the Circular Flow 3 Demand, Supply, and Market Equilibrium 4 The U.S. Economy: Private and Public Sectors 5 The United States in the Global Economy PART TWO: MACROECONOMIC MEASUREMENT and BASIC CONCEPTS 6 Measuring Domestic Output and National Income 7 Introduction to Economic Growth and Instability 8 Basic Macroeconomic Relationships PARTTHREE:MACROECONOMICMODELSandFISCALPOLICY 9 The Aggregate Expenditures Model 10 Aggregate Demand and Aggregate Supply (Appendix: The Relationship of the Aggregate Demand Curve to the Aggregate Expenditures Model) 11 Fiscal Policy, Deficits, and Debt PARTFOUR:MONEY,BANKING,andMONETARYPOLICY 12 Money and Banking 13 Money Creation 14 Interest Rates and Monetary Policy 14W Financial Economics PARTFIVE:LONG-RUNPERSPECTIVESandMACROECONOMIC DEBATES 15 Extending the Analysis of Aggregate Supply 16 Economic Growth 16W The Economics of Developing Countries 17 Disputes over Macro Theory and Policy PARTSIX:MICROECONOMICSOFPRODUCTMARKETS 18 Extensions of Demand and Supply Analysis 19 Consumer Behavior and Utility Maximization 20 The Costs of Production 21 Pure Competition (Appendix: Consumer Surplus, Producer Surplus, and Efficiency) 22 Pure Monopoly (Appendix: The Deadweight Loss of Monopoly) 10 HED 08 Economics.indd 10 10/4/2007 10:08:19 AM ECONOMICS 23 Monopolistic Competition and Oligopoly 24 Technology, R&D, and Efficiency PARTSEVEN:MICROECONOMICSofRESOURCEMARKETS 25 The Demand for Resources 26 Wage Determination 27 Rent, Interest, and Profit 27W Resource and Energy Economics PARTEIGHT:MICROECONMICSofGOVERMENT 28 Government and Market Failure 29 Public Choice Theory and the Economics of Taxation PARTNINE:MICROECONOMICISSUESandPOLICIES 30 Antitrust Policy and Regulation 31 Agriculture: Economics and Policy 32 Income Inequality and Poverty 33 The Economics of Health Care 34 Labor Market Institutions and Issues: Unionism, Discrimination, Immigration PART TEN: INTERNATIONAL ECONOMICS and the WORLD ECONOMY 35 International Trade 36 Exchange Rates, the Balance of Payments, and Trade Deficits NEW THE ECONOMY TODAY 11th Edition By Bradley R Schiller, American University 2008(September2007)/896pages ISBN-13:978-0-07-351126-9/MHID:0-07-351126-9 http://www.mhhe.com/schiller11e Brad Schiller’s text, The Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters with the facts of economic life—real stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework. Schiller, 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of today’s issues. neW to tHIs eDItIon New Chapter on Global Poverty Brad Schiller is a leading authority in Global Poverty and introduces it to the principles course with this new chapter. An array of global data, theory and policy combine to make an engaging and eye-opening study of this world-wide issue. Chapter-Level Learning Objectives Core learning objectives have been added to the first page of each chapter. After reading a given chapter, students should have mastered these core concepts. Questions in Test Banks I and II are tagged according to these learning objectives, as are other ancillary materials such as the PowerPoint slides in the class presentation materials and the Student Study Guide. Contents Preface Part1TheEconomicChallenge Chapter 1 Economics: The Core Issues Appendix: using Graphs Chapter 2 The U.S. Economy: A Global View Chapter 3 Supply and Demand Chapter 4 The Public Sector Part2MeasuringMacroOutcomes Chapter 5 National-Income Accounting Chapter 6 Unemployment Chapter 7 Inflation Part3CyclicalInstability Chapter 8 The Business Cycle Chapter 9 Aggregate Demand Appendix: The Keynesian Cross Chapter 10 Self-Adjustment or Instability? Part4FiscalPolicyLevers Chapter 11 Fiscal Policy Chapter 12 Deficits, Surpluses, and Debt Part5MonetaryPolicyOptions Chapter 13 Money and Banks Chapter 14 The Federal Reserve System Chapter 15 Monetary Policy Part6Supply-SideOptions Chapter 16 Supply-Side Policy: Short-run Options Chapter 17 Growth and Productivity: Long-run Possibilities Part7PolicyConstraints Chapter 18 Global Macro Chapter 19 Theory versus Reality Part8ProductMarkets:TheBasics Chapter 20 Consumer Demand Appendix: Indifference Curves Chapter 21 The Costs of Production Part9MarketStructure Chapter 22 The Competitive Firm Chapter 23 Competitive Markets Chapter 24 Monopoly Chapter 25 Oligopoly Chapter 26 Monopolistic Competition Part10RegulatoryIssues Chapter 27 (De)Regulation of Business Chapter 28 Environmental Protection Chapter 29 The Farm Problem Part11FactorMarkets:BasicTheory Chapter 30 The Labor Market Chapter 31 Labor Unions Chapter 32 Financial Markets Part12DistributionalIssues Chapter 33 Taxes: Equity versus Efficiency Chapter 34 Transfer Payments: Welfare and Social Security Part13InternationalEconomics Chapter 35 International trade Chapter 36 International Finance Chapter 37 Global Poverty Glossary Index Reference Tables 11 HED 08 Economics.indd 11 10/4/2007 10:08:19 AM ECONOMICS 29 Rent, interest, and profit. 30 Income distribution and poverty. 31 International trade. 32 International finance. NEW International Edition ECONOMICS 8th Edition THE ORIGIN OF WEALTH By Stephen Slavin, Union College By Eric Beinhocker 2007(September2007)/540pages ISBN-13:978-1-42-212103-0/MHID:1-422-12103-8 A Harvard Professional Reference Title 2008(August2006)/832pages ISBN-13:978-0-07-351127-6/MHID:0-07-351127-7 ISBN-13:978-0-07-126619-2/MHID:0-07-126619-4[IE] http://www.mhhe.com/slavin8e Steve Slavin’s lively and comprehensive Economics has a studentfriendly, step-by-step approach; value pricing; and a built-in Workbook/Study Guide. Instructors and students like the author’s humorous anecdotes, direct language, and easy conversational style. The text encourages active rather than passive reading. neW to tHIs eDItIon A Chapter Issues section at the end of each chapter gives practical application to at least one of the concepts covered in the chapter. Issues discussed include “The Internet Effect: A more perfect knowledge and lower prices,” in Chapter 21 and “Will Social Security be there for you?” in Chapter 30. What is wealth? How is it created? And how can we create more of it for the benefit of individuals, businesses, and societies? In The Origin of Wealth, Eric Beinhocker provides provocative new answers to these fundamental questions. Beinhocker surveys the cutting-edge ideas of economists and scientists and brings their work alive for a broad audience. These researchers, he explains, are revolutionizing economics by showing how the economy is an evolutionary system, much like a biological system. It is economic evolution that creates wealth and has taken us from the Stone Age to the $36.5 trillion global economy of today. By better understanding economic evolution, Beinhocker writes, we can better understand how to create more wealth. The author shows how “complexity economics” is turning conventional wisdom on its head in areas ranging from business strategy and organizational design to investment strategy and public policy. As sweeping in scope as its title, The Origin of Wealth will rewire our thinking about the workings of the global economy and where it is going. New discussions have been added to provide yet more practical application to the overall text, including a “Sports Strikes and Lockouts” box in Ch. 27 and “A College Degree Is the Ticket Out of Poverty” box in Ch. 28. The discussion of comparative advantage in Chapter 31 has been written for simplicity and clarity, making it easier for students to learn. Contents 1 A brief economic history of the united states. 2 Resource utilization. 3 Supply and demand. 4 The mixed economy. 5 The household-consumption sector. 6 The business-investment sector. 7 The government sector. 8 The export-import sector. 9 Gross domestic product. 10 Economic fluctuations, unemployment, and inflation. 11 Classical and keynesian economics. 12 Fiscal policy and the national debt. 13 Money and banking. 14 The federal reserve and monetary policy. 15 A century of economic theory. 16 Economic growth and productivity. 17 Demand, supply, and equilibrium. 18 The elasticities of demand and supply. 19 The theory of consumer behavior. 20 Cost. 21 Profit, loss, and perfect competition. 22 Monopoly. 23 Monopolistic competition. 24 Oligopoly. 25 Corporate mergers and antitrust. 26 Demand in the factor market. 27 Labor unions. 28 Labor markets and wage rates. International Edition ESSENTIALS OF ECONOMICS By Stanley L Brue, Pacific Lutheran University and Campbell R McConnell 2007(November2005)/480pages ISBN-13:978-0-07-301967-3/MHID:0-07-301967-4 ISBN-13:978-0-07-110634-4/MHID:0-07-110634-0[IE] http://www.mhhe.com/brueonline.com Building on the tremendous success of their best-selling Principles of Economics text, Brue and McConnell have written a new one semester text to provide a fresh alternative. This new, 18-chapter textbook will appeal to anyone teaching a one-semester introductory course. Brue/McConnell is a patient, substantive treatment of micro and macro economics for the one-semester course with many, upto-date, motivating examples. Contents PartOne:Introduction Chapter 1: Limits, Alternatives, and Choices Chapter 2: The Market System and the Circular Flow PartTwo:Price,Quantity,andEfficiency Chapter 3: Demand, Supply, and Market Equilibrium Chapter 4: Elasticity of Demand and Supply Chapter 5: Market Failure: A Role for Government PartThree:ProductMarkets Chapter 6: Businesses and Their Costs Chapter 7: Pure Competition Chapter 8: Pure Monopoly Chapter 9: Monopolistic Competition and Oligopoly Chapter 10: Wage Determination Chapter 11: Income Inequality and Poverty Part Four: Macroeconomic Measurement, Models, and Fiscal 12 HED 08 Economics.indd 12 10/4/2007 10:08:20 AM ECONOMICS 12. Externalities and Property Rights. 13. The Economics of Information. Part4EconomicsofPublicPolicy. 14. Labor Markets, Poverty, and Income Distribution. 15. The Environment, Health, and Safety. 16. Public Goods and Tax Policy. Part5Macroeconomics:IssuesandData. 17. Macroeconomics: The Bird’s-Eye View of the Economy . 18. Measuring Economic Activity: GDP and Unemployment. 19. Measuring the Price Level and Inflation. Part6TheEconomyintheLongRun. 20. Economic Growth, Productivity, and Living Standards. 21. Workers, Wages, and Unemployment in the Modern Economy. 22. Saving and Capital Formation. 23. Money and the Federal Reserve. 24. Financial Markets and International Capital Flow. Part7TheEconomyintheShortRun. 25. Short-term Economic Fluctuations: An Introduction. 26. Spending Output in the Short Run. 27. Stabilizing the Economy: The Role of the Fed. 28. Inflation, Aggregate Supply, and Aggregate Demand. 29. The Practice and Pitfalls of Macroeconomic Policy. Part8TheInternationalEconomy. 30. Exchange Rates and the Open Economy Policy Chapter 12: Introduction to GDP, Growth, and Instability Chapter 13: Aggregate Demand and Aggregate Supply Chapter 14: Fiscal Policy, Deficits, and Debt PartFive:Money,Banking,andMonetaryPolicy Chapter 15: Money and Banking Chapter 16: Monetary Policy PartSix:EconomicGrowthandInternationalEconomics Chapter 17: Economic Growth Chapter 18: International Trade Glossary International Edition PRINCIPLES OF ECONOMICS 3rd Edition By Robert H. Frank, Cornell University-Ithaca and Ben Bernanke, Princeton University 2007(December2005)/896pages ISBN-13:978-0-07-312567-1/MHID:0-07-312567-9 ISBN-13:978-0-07-323059-7/MHID:0-07-323059-6 (withDiscoverEconCodeCard) ISBN-13:978-0-07-126159-3/MHID:0-07-126159-1 [IEwithDiscoverEconCodeCard] NEW http://www.mhhe.com/economics/frankbernanke3 In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions and exercises. The text also encourages students to become “Economic Naturalists,” people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation. Contents Part1Introduction. 1. Thinking Like an Economist. 2. Comparative Advantage: The Basis for Exchange. 3. Supply and Demand: An Introduction. Part2CompetitionandtheInvisibleHand. 4. Elasticity. 5. Demand: The Benefit Side of the Market. 6. Perfectly Competitive Supply: The Cost Side of the Market. 7. Efficiency and Exchange. 8. The Quest for Profit and the Invisible Hand. 9. International Trade. Part3MarketImperfections. 10. Monopoly and Other Forms of Imperfect Competition. 11. Thinking Strategically: A Further Look at Monopolistic Competition and Oligopoly. ECONOMIC PRINCIPLES 2nd Edition By John Jackson, Ron McIver, University of South Australia and Chris Bajada, University of Technology Sydney 2007(April2007) ISBN-13:978-0-07-471711-0/MHID:0-07-471711-1 McGraw-Hill Australia Title Now in its second edition, lead author Chris Bajada, University of Technology Sydney, takes an exciting new approach to teaching business students the key concepts of economics. Economic Principles 2e is designed for the one-semester subject, with thirteen core chapters, and six supplementary extension chapters. The extension section provides instructors with greater flexibility in the coverage, depth and focus of topics. Economic Principles 2e is written in a straightforward and accessible style, giving students a clear understanding of fundamental economic issues and concepts. Through case studies and boxed examples, students can gain a better appreciation of how economic theory impacts upon business decisions. ModernApproach: Completely restructured, Economic Principles 2e provides flexibility in teaching. Fundamental microeconomic and macroeconomic concepts are covered by the thirteen core chapters. Six extension chapters offer the opportunity to alter focus and level of difficulty according to subject requirements. NewContent:New material is provided on International Trade and Protection (Extension Chapter 2), Pricing of Economic Resources (Extension Chapter 3) and Aggregate Expenditure and the Multiplier (Extension Chapter 4). StrongStudentResources: Economic Principles 2e supports students with strong supplements through the Online Learning Centre and MaxMark, an online revision study guide. 13 HED 08 Economics.indd 13 10/4/2007 10:08:20 AM ECONOMICS Contents Part 1: Introduction Ch 1, The General Principles of Economics Appendix to Ch 1, Graphs and their meaning Part 2: Core Chapters--Microeconomics Ch 2, Demand and Supply Ch 3, Market Behaviour--Elasticity, Tax and Price Controls Ch 4, The Costs of Production Ch 5, Pure Competition and Monopoly Ch 6, Monopolistic Competition and Oligopoly Ch 7, Market Failure and Resource Allocation Part 3: Core Chapters--Macroeconomics Ch 8, The Macro Environment and its Measurement Ch 9, Aggregate Demand and Aggregate Supply Ch 10, Fiscal Policy and Public Debt Ch 11, Monetary Policy and the Financial System Ch 12, Economic Resources and the Labour Market Ch 13, The International Monetary System Part 4: Extension Chapters Ch E1, The Theory of Consumer Behaviour Ch E2, International Trade and Protection Ch E3, The Pricing of Economic Resources Ch E4, The Aggregate Expenditure Model and the Multiplier Ch E5, The Economics of Growth Ch E6, The Development of Macroeconomic Debates Glossary Index The Economics of Information. PART 4: Government in the Economy: Distribution, Regulation and the Provision of Public Goods. 13 Labour Markets, Income Distribution, Wealth and Poverty. 14 Government in the Market Economy: Regulation and Production of Public Goods and Other Services. PART 5: Trade and Integration. 16 Trade, Factor Flows and Economic Integration: The Basic Economics of the European Union. PART 6: Macroeconomics: Issues and Data. 17 Macroeconomics: The Bird’s-Eye View of the Economy. 18 Measuring Economic Activity: GDP and Unemployment. 19 Measuring the Price Level and Inflation. PART 7: The Economy in the Long Run. 20 Economic Growth, Productivity, and Living Standards. 21 Workers, Wages, and Unemployment in the Modern Economy. 22 Saving and Capital Formation. 23 Money, Prices, and the European Central Bank. 24 Financial Markets and International Capital Flows. PART 8: The Economy in the Short Run. 25 Short-Term Economic Fluctuations. Appendix: The Multiplier in the Basic Keynesian Model. 26 Stabilising the Economy: The Role of Fiscal Policy. 27 Stabilizing the Economy: The Role of Monetary Policy. Appendix: Monetary Policy in the Basic Keynesian Model. 28 Inflation and Aggregate Supply. Appendix: The Algebra of Aggregate Demand and Aggregate Supply. PART 9: The International Economy. 29 Exchange Rates and the Open Economy. 30 Monetary Union: The Theory of Optimum Currency Areas UK Adaptation PRINCIPLES OF ECONOMICS ECONOMICS 8th Edition By Robert Frank, Cornell University, Moore McDowell and Rodney Thom of University College Dublin and Ben Bernanke, Princeton University 2006 (March 2006) / 912 pages ISBN-13: 978-0-07-710831-1 / MHID: 0-07-710831-0 McGraw-Hill UK Title Principles of Economics, European Edition, develops the well regarded US textbook by Frank and Bernanke to reflect the issues and context of economics in Europe. The book presents concepts intuitively through examples drawn from familiar contexts. It relies throughout on a well articulated shortlist of 12 core principles which are reinforced by real-world examples. Review questions, exercises and problems encourage students to apply these principles in a variety of contexts. The text encourages students to become “economic naturalists”, people who employ basic economic principles to understand and explain what they observe in the world around them. The “economic naturalist” approach helps students develop concepts and illustrates their applications in a real world setting. CONTENTS Preface. PART 1: Introduction. 1 Thinking Like an Economist. Appendix A: Working with Equations, Graphs and Tables. Appendix B: Elements of Calculus for use in Economics. 2 Comparative Advantage: The Basis for Exchange. 3 Supply and Demand: An Introduction. PART 2: Competition and the Invisible Hand. 4 Elasticity. 5 Demand: The Benefit Side of the Market. 6 Perfectly Competitive Supply: The Cost Side of the Market. Appendix: Supply. 7 Efficiency and Exchange. 8 The Quest for Profit and the Invisible Hand. PART 3: Market Imperfections. 9 Imperfect Competition and Consequences of Market Power. 10 Thinking Strategically: Competition among the Few. 11 Externalities and Property Rights: External Costs and Benefits. 12 By David Begg, Birkbeck College, London, Stanley Fischer, International Monetary Fund and Rudiger Dornbusch of Massachusetts Institute of Technology 2005 / 560 pages ISBN-13: 978-0-07-710775-8 / MHID: 0-07-710775-6 McGraw-Hill UK Title www.mcgraw-hill/textbooks/begg CONTENTS Part One: Introduction 1. Economics and the economy 2. Tools of economic analysis 3. Demand, supply, and the market 4. Elasticities of demand and supply Part Two: Microeconomics 5. Consumer choice and demand decisions 6. Introducing supply decisions 7. Costs and supply 8. Perfect competition and pure monopoly 9. Market structure and imperfect competition 10. The labour market 11. Different types of labour 12. Factor markets and income distribution 13. Risk and information 14. The information economy Part Three: Welfare Economics 15. Welfare economics 16. Government spending and revenue 17. Industrial policy and competition policy 18. Natural monopoly: public or private? Part Four: Macroeconomics 19: Intro to macroeconomics 20: Output and aggregate demand 21: Fiscal policy and foreign trade 22. Money and Banking 14 HED 08 Economics.indd 14 10/4/2007 10:08:20 AM ECONOMICS 23. Interest rates and monetary transmission 24. Monetary and fiscal policy 25. Aggregate supply, prices and the adjustment to shocks 26. Inflation, expectations, and credibility 27. Unemployment 28. Exchange rates and the balance of payments 29: Open economy macroeconomics 30. Economic Growth 31. Business cycles 32. Macroeconomics: taking stock PartFive:TheWorldEconomy 33: International trade 34: Exchange rate regimes 35: European integration 36: Less developed countries 28 The Challenge of Economic Development 29 Exchange Rates and the International Financial System 30 Open-Economy Macroeconomics PartSeven:Unemployment,Inflation,andEconomicPolicy 31 Unemployment and the Foundations of Aggregate Supply 32 Ensuring Price Stability 33 The Warring Schools of Macroeconomics 34 Policies for Growth and Stability Principles of Economics - Software International Edition International Edition ECONOMICS 18th Edition THE POWER OF MACROECONOMICS CD-ROM By Paul A Samuelson, Massachusetts Institute of Technology and William D Nordhaus, Yale University 2005/832pages ISBN-13:978-0-07-287205-7/MHID:0-07-287205-5 ISBN-13:978-0-07-123932-5/MHID:0-07-123932-4[IE] http://www.mhhe.com/www.mhhe.com/economics/samuelson18e By Peter Navarro, University of California - Irvine 2000 ISBN-13:978-0-07-238087-3/MHID:0-07-238087-X (OutofPrint) ISBN-13:978-0-07-118311-6/MHID:0-07-118311-6[IE] Contents www. powerofeconomic.com PartOne:BasicConcepts 1 The Fundamentals of Economics Appendix 1 How to Read Graphs 2 Markets and Government in a Modern Economy 3 Basic Elements of Supply and Demand Part Two: Microeconomics: Supply, Demand, and Product Markets 4 Applications of Supply and Demand 5 Demand and Consumer Behavior Appendix 5 Geometrical Analysis of Consumer Equilibrium 6 Production and Business Organization 7 Analysis of Costs Appendix 7 Production, Cost Theory, and Decision of the Firm 8 Analysis of Perfectly Competitive Markets 9 Competition and Its Polar Case of Monopoly 10 Oligopoly and Monopolistic Competition 11 Uncertainty and Game Theory PartThree:FactorMarkets:Labor,Land,andCapital 12 How Markets Determine Incomes 13 The Labor Market 14 Land and Capital Appendix 14 Markets and Economic Efficiency PartFour:AppliedMicroeconomics:InternationalTrade,Government,andtheEnvironment 15 Comparative Advantage and Protectionism 16 Government Taxation and Expenditure 17 Promoting More Efficient Markets 18 Protecting the Environment 19 Efficiency vs. Equality: The Big Tradeoff Part Five: Macroeconomics: Economic Growth and Business Cycles 20 Overview of Macroeconomics Appendix 20 Macroeconomic Data 21 Measuring Economic Activity 22 Consumption and Investment 23 Business Fluctuations and the Theory of Aggregate Demand 24 The Multiplier Model 25 Money, Banking, and Financial Markets 26 Central Banking and Monetary Policy PartSix:EconomicGrowthandMacroeconomicPolicy 27 The Process of Economic Growth Contents INVITATION TO PUBLISH Lecture 1. An Overview of Modern Macroeconomics Lecture 2. The Aggregate Supply - Aggregate Demand Model and the Classic-Keynesian Debate Lecture 3. The Keynesian Model and Fiscal Policy Lecture 4. The Federal Reserve and Monetary Policy Lecture 5. Unemployment, Inflation, and Stagflation Lecture 6. The Warring Schools of Macroeconomics Lecture 7. Economic Growth and Productivity Lecture 8. Budget Deficits and the Public Debt Lecture 9. International Trade and Protectionism Lecture 10. Exchange Rates, the Balance of Payments, and Trade Deficits Lecture 11. The Economics of Developing Countries and Transition Economies McGraw-Hillisinterestedin reviewingmanuscriptfor publication.Pleasecontactyour localMcGraw-Hillofficeoremailto [email protected] Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 15 HED 08 Economics.indd 15 10/4/2007 10:08:20 AM ECONOMICS International Edition THE POWER OF MICROECONOMICS CD-ROM By Peter Navarro, University of California - Irvine 2000 ISBN-13:978-0-07-228314-3/MHID:0-07-228314-9 (OutofPrint) ISBN-13:978-0-07-116621-8/MHID:0-07-116621-1[IE] www.powerofeconomics.com Contents 1. An Introduction to Macroeconomics 2. Supply, Demand, and Equilibrium 3. Demand and Consumer Behavior 4. Supply and Production Theory 5. Perfect Competition 6. Monopoly and Monopolistic Competition 7. Oligopoly and Strategic Behavior 8. Land and Rent 9. The Labor Market and Wage Determination 10. The Capital Market, Interest, and Profit 11. Income and Wealth, Poverty and Discrimination 12. Public Goods and Externalities 13. Government Taxation and Expenditures and Public Choice Theory 14. International Trade and Protectionism Principles of Economics – Supplementary ANNUAL EDITIONS: ECONOMICS 34rd Edition New! 8. Modernizing U.S. Antitrust Law: The Role of Technology and Innovation 9. The Real Price of Gas New! 10. The Truth About Oil 11. The Eco-Economic Revolution: Getting the Market in Sync with Nature 12. Congested Parks—A Pricing Dilemma UNIT3.TheEconomicsofWorkandIncome New! 13. Building a More-Humane Economy New! 14. The Rich Get (Much) Richer New! 15. Outsourcing Jobs: The Myths and Realities New! 16. Laid Off and Left Out New! 17. Multiple Minimums New! 18. The Gender Gyp New! 19. The Health Care Crisis and What to Do About It UNIT4.Macroeconomics New! 20. Countdown to a Meltdown New! 21. Seizing Intangibles for the G.D.P. New! 22. The Elephant in the Room New! 23. Social Spending and Economic Growth 24. Why Are Taxes So Complicated and What Can We Do About It? New! 25. The Tax Reform Revolution 26. Tax Reform R.I.P. 27. Link Between Taxation, Unemployment Is Absent 28. What Should Central Banks Do? 29. How Does Monetary Policy Affect the U.S. Economy? New! 30. It’s His Economy Now—And Yours New! 31. Banking Consolidation New! 32. Bank ATMs and ATM Surcharges New! 33. Toward a Cashless Society UNIT5.TheChangingGlobalEconomy New! 34. Update on the State of the Future 35. As Job Exports Rise, Some Economists Rethink the Mathematics of Free Trade New! 36. Is the Current Account Deficit Sustainable? New! 37. The High-Tech Threat from China New! 38. Building Blocks New! 39. Where the Money Went 40. Asymmetric Globalization: Global Markets Require Good Global Politics New! 41. Will the World Run Dry? Global Water and Food Security New! 42. Do Global Attitudes and Behaviors Support Sustainable Development? 43. Eliminating Child Labor By Don Cole, Drew University 2007(October2006)/208pages ISBN-13:978-0-07-352843-4/MHID:0-07-352843-9 McGraw-Hill Duskin Title http://www.mhhe.com/text-data-catalog/0073528439.mhtml This thirty-fourth of ANNUAL EDITIONS: ECONOMICS provides convenient, inexpensive access to current articles selected from the best of the public press. Organizational features include: an annotated listing of selected World Wide Web sites; an annotated table of contents; a topic guide; a general introduction; brief overviews for each section; a topical index; and an instructor’s resource guide with testing materials. USING ANNUAL EDITIONS IN THE CLASSROOM is offered as a practical guide for instructors. ANNUAL EDITIONS titles are supported by our student website, www.mhcls.com/online. Contents UNIT1.Introduction 1. How Much for a Life? Try $3 Million to $5 Million New! 2. More, Bigger, Faster 3. Counter-Terrorism: The Private Cost of More Security UNIT2.Microeconomics 4. Smoke Signals New! 5. Jousting for Television’s Holy Grail New! 6. Bruised in Bentonville, Andy Serwer New! 7. Airlines Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. Visit McGraw-Hill Education Website: www.mheducation.com COMPLIMENTARY COPIES 16 HED 08 Economics.indd 16 10/4/2007 10:08:20 AM ECONOMICS SCHAUM’S OUTLINE OF EASY OUTLINE OF PRINCIPLES OF ECONOMICS SCHAUM’S OUTLINE OF MACROECONOMICS 3rd Edition By Dominick Salvatore, Fordham University in New York and Eugene Diulio 2003/144pages ISBN-13:978-0-07-139873-2/MHID:0-07-139873-2 By Eugene Diulio 1999/333pages ISBN-13:978-0-07-017053-7/MHID:0-07-017053-3 A Schaum’s Publication A Schaum’s Publication Contents Contents Chapter 1: Introduction to Economics Chapter 2: Demand, Supply, and Equilibrium Chapter 3: Unemployment, Inflation, and National Income Chapter 4: Consumption, Investment, Net Exports, and Government Expenditures Chapter 5: Traditional Keynesian Approach to Equilibrium Output Chapter 6: Fiscal Policy Chapter 7: Money, Banking, and the Federal Reserve Chapter 8: Monetary Policy Chapter 9: Economic Growth and Productivity Chapter 10: International Trade and Finance Chapter 11: Theory of Consumer Demand and Utility Chapter 12: Production Costs Chapter 13: Perfect Competition Chapter 14: Monopoly Chapter 15: Monopolistic Competition and Oligopoly Chapter 16: Demand for Economic Resources Chapter 17: Pricing of Wages, Rent, Interest, and Profits Index 1. Introduction to Macroeconomic Analysis. 2. Measures of Output, Prices, and Employment. 3. Output in the Short and Long Run. 4. Models of Spending Equilibrium. 5. The IS-LM Framework. 6. Monetary and Fiscal Policy in a Closed Economy. 7. Monetary and Fiscal Policy in an Open Economy. 8. Schedules of Aggregate Demand and Aggregate Supply. 9. Aggregate Supply and Aggregate Demand Analysis. 10. Aggregate Supply, Aggregate Demand, and Inflation. 11. Economic Growth. 12. The Supply of and Demand for Money. 13. Consumption. 14. Theories of Investment. SCHAUM’S OUTLINE OF PRINCIPLES OF ECONOMICS 2nd Edition By Dominick Salvatore and Eugene A. Diulio 1996/368pages ISBN-13:978-0-07-054629-5/MHID:0-07-054629-0 International Edition EXPERIMENTS WITH ECONOMIC PRINCIPLES Microeconomics, 2nd Edition A Schaum’s Publication Contents 1. Introduction to Economics. 2. The Economic Problem. 3. Demand, Supply, and Equilibrium. 4. Introduction to Macroeconomics. 5. Unemployment, Inflation, and National Income. 6. Consumption, Investment, and Net Exports. 7. Keynesian Approach to Equilibrium Output. 8. Fiscal Policy. 9. Money and Banking. 10. The Federal Reserve and the Money Supply. 11. Monetary and Fiscal Policy. 12. Inflation, Unemployment, Deficits, and Debt. 13. Economic Growth and Productivity. 14. Demand, Supply and Elasticity. 15. The Theory of Consumer Demand and Utility. 16. Costs of Production. 17. Price and Output. 18. Perfect Competition. 19. Price and Output: Monopoly. 20. Price and Output: Monopolistic Competition and Oligopoly. 21. Production and the Demand for Economic Resources. 22. Wage Determination. 23. Rent, Interest, and Profits. By Theodore C. Bergstrom, University of California-Santa Barbara and John H Miller, Carnegie Mellon University 2000/448pages ISBN-13:978-0-07-229518-4/MHID:0-07-229518-X ISBN-13:978-0-07-116172-5/MHID:0-07-116172-4[IE] www.econ.ucsb.edu/~tedh/eep/eep.html ICompetitiveMarkets 1. Supply and Demand 2. Shifting Supply and Demand IIMarketInterventionandPublicPolicy 3. A Sales Tax 4. Prohibition 5. A Minimum Wage III.ImperfectMarkets 6. Externalities 7. Monopolies and Cartels IVFirmsandTechnology 8. Entry and Exit 9. Network Externalities 10. Entry and Exit 11. Measuring Productivity 12. Comparative Advantage VInformation,Auctions,andBargaining 13. Adverse selection 14. Auctions 15. Fundamental Concepts VIEssentialEconomicConcepts Contents 1 HED 08 Economics.indd 17 10/4/2007 10:08:21 AM ECONOMICS Principles of Macroeconomics - Textbooks Chapter 8: Growth, Productivity, and the Wealth of Nations Chapter 9: The Aggregate Demand/Aggregate Supply Model Chapter 10: The Multiplier Model III:Money,Inflation,andMonetaryPolicy Chapter 11: The Financial Sector and the Demand for Money Chapter 12: Monetary Policy Chapter 13: Inflation and the Phillips Curve IV:Taxes,Budgets,andFiscalPolicy Chapter 14: Fiscal Policy and Public Finance Chapter 15: Politics, Deficits, and Debt Chapter 16: International Trade Policy, Comparative Advantage, and Outsourcing Chapter 17: International Policy Issues Chapter 18: Macro Policy in a Global Setting Chapter 19: Macro Policies in Developing Countries NEW MACROECONOMICS 7th Edition By David C Colander, Middlebury College NEW 2008(October2007)/576pages ISBN-13:978-0-07-334366-2/MHID:0-07-334366-8 Written in an informal colloquial style, this student-friendly Principles of Macroeconomics textbook does not sacrifice intellectual depth in its quest for accessibility. The author’s primary concern is to instill “economic sensibility” in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied. The seventh edition has been significantly revised to make it simpler, shorter, more organized and more applicable to the real world. MACROECONOMICS 17th Edition By Campbell R McConnell, University of Nebraska, Emeritus and Stanley L Brue, Pacific Lutheran University neW to tHIs eDItIon Approach to monetary policy coverage: Coverage of the supply and demand for loanable funds and the supply and demand for money has been added to Chapter 11 to set up a discussion of the yield curve in Chapter 12. Chapter 12, Monetary Policy, now focuses on monetary policy and open market operations, reflecting the topics that are becoming central to discussions of monetary policy. Revised chapter on fiscal policy and public finance: Fiscal policy is now the sole focus of Chapter 14, providing an overview of economists’s approach to fiscal policy from classical approach to the modern dynamic stochastic equilibrium approach. Fully updated: To keep the text as relevant as possible, the facts, figures, and end-of-chapter questions have all been updated with the latest data and examples. Additionally, discussions have been revised to match current interests in the profession, keeping up with the evolution of the economy and economics. iPod Content. iPod content is now available for students through the Enhanced Cartridge or as Premium Content on the Colander OLC. Contents I:Introduction:ThinkinglikeanEconomist Chapter 1: Economics and Economic Reasoning Chapter 2: The Production Possibility Model, Trade, and Globalization. Appendix A: Graphish: The Language of Graphs Chapter 3: Economic institutions Appendix A: The History of Economic Systems Chapter 4: Supply and Demand Chapter 5: Using Supply and Demand I: Macroeconomics Problems Chapter 6: Economic Growth, Business Cycles, Unemployment, and Inflation Chapter 7: Measuring the Aggregate Economy II:TheMacroeconomicFramework 2008(October2006)/560pages ISBN-13:978-0-07-327308-2/MHID:0-07-327308-2 http://www.mcconnell17.com McConnell and Brue’s Macroeconomics: Principles, Problems, and Policies is the leading Principles of Macroeconomics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. neW to tHIs eDItIon New Analysis of Monetary Policy: The authors have revised the discussion of monetary policy to help the student understand the Fed’s focus on the federal funds rate, and how changes in that rate affect other interest rates and the overall economy. In Chapter 14, the authors demonstrate how the Fed targets a specific federal funds rate and then uses open-market operations to drive the rate to that level and hold it there (see Figure 14.3). This new analysis will help students interpret the news as it relates to Fed announcements about federal funds rates. Technology Advantage: McGraw-Hill aims to help instructors save time AND acknowledge that students study differently now. It is their goal to provide technology solutions that meet those goals. To that end, they have developed the following core set of products and services; Homework management, rich course cartridges, PrepCenter, iPod Content, and easy to use response system content, all described in detail below. Assessment-Ready Learning Objectives and Testing: Each chapter begins with measurable learning objectives. These learning objectives are cross-referenced to specific test bank questions to allow 1 HED 08 Economics.indd 18 10/4/2007 10:08:21 AM ECONOMICS construction of measurement instruments. This direct link between objectives and content facilitates now common accreditation efforts necessary to meet assurance of learning requirements. New Internet Chapter: A new internet chapter covering “financial economics”, along with a fully updated preexisting web chapter covering The Economics of Developing Countries (16Web), is available for free use at our website, www.mcconnell17.com. “Financial Economics” (Chapter 14Web), examines ideas such as compound interest, present value, arbitrage, risk, diversification, and the riskreturn relationship. Consolidated Chapters: With overwhelming support of reviewers, the authors have consolidated the first two chapters of the prior edition into a single chapter, “Limits, Alternatives, and Choices” (Chapter 1). This new chapter quickly and directly moves the student into the subject matter of economics, demonstrating its methodology. We also combined the prior edition’s separate chapters on fiscal policy and the public debt into single chapter, “Fiscal Policy, Deficits, and Debt” (Chapter 11). The topics are closely related, and consolidation integrates them into a smooth flow. PART FOUR: MONEY, BANKING, and MONETARY POLICY 12 Money and Banking 13 Money Creation 14 Interest Rates and Monetary Policy 14W Financial Economics PART FIVE: LONG-RUN PERSPECTIVES and MACROECONOMIC DEBATES 15 Extending the Analysis of Aggregate Supply 16 Economic Growth 16W The Economics of Developing Countries 17 Disputes over Macro Theory and Policy PART SEVEN: INTERNATIONAL ECONOMICS and the WORLD ECONOMY 18 International Trade 19 Exchange Rates, the Balance of Payments, and Trade Deficits NEW Updated Consider This Boxes: These boxes are used to provide analogies, examples, or stories that help drive home central economic ideas in a student-oriented, real-world manner. New boxes include such disparate topics as fast food lines (Chapter 1), high European unemployment rates (Chapter 7), and the Fed as a sponge (Chapter 14). THE MACRO ECONOMY TODAY 11th Edition Updated Last Word Boxes: These applications and case studies are located toward the end of each chapter. In this edition, we have included photos to pique student interest. New or relocated Last Words include those on pitfalls to sound economic reasoning (Chapter 1), the diminishing impact of oil prices on the overall economy (Chapter 10), and an anecdote on supply side economics (Chapter 15), and many more New Web Button: We continue to integrate the book and our website with in-text web buttons that direct readers to website content. The authors have added a new web button consisting of a set of worked problems. Written by Norris Peterson of Pacific Lutheran University, these pieces consist of side-by-side computational questions and the computational procedures used to derive the answers. Contemporary Discussions and Examples: The seventeenth edition references and discusses many current topics. Examples: the economics of the war in Iraq, China’s rapid growth rate, large Federal budget deficits, recent Fed monetary policy, the debate over inflation targeting, the productivity acceleration, rising oil prices, immigration impacts, large U.S. trade deficits, offshoring of American jobs, and many more. Contents PART ONE: AN INTRODUCTION TO ECONOMICS and THE ECONOMY TotheStudent 1 Limits, Alternatives, and Choices (Appendix: Graphs and Their Meaning) 2 The Market System and the Circular Flow 3 Demand, Supply, and Market Equilibrium 4 The U.S. Economy: Private and Public Sectors 5 The United States in the Global Economy PART TWO: MACROECONOMIC MEASUREMENT and BASIC CONCEPTS 6 Measuring Domestic Output and National Income 7 Introduction to Economic Growth and Instability 8 Basic Macroeconomic Relationships PART THREE: MACROECONOMIC MODELS and FISCAL POLICY 9 The Aggregate Expenditures Model 10 Aggregate Demand and Aggregate Supply (Appendix: The Relationship of the Aggregate Demand Curve to the Aggregate Expenditures Model) 11 Fiscal Policy, Deficits, and Debt By Bradley R Schiller, American University 2008(October2007)/544pages ISBN-13:978-0-07-328711-9/MHID:0-07-328711-3 http://www.mhhe.com/schiller11e Brad Schiller’s text, The Macro Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters with the facts of economic life—real stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework. Schiller, 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of today’s issues. neW to tHIs eDItIon NewChapteronGlobalPoverty Brad Schiller is a leading authority in Global Poverty and introduces it to the principles course with this new chapter. An array of global data, theory and policy combine to make an engaging and eye-opening study of this world-wide issue. Chapter-LevelLearningObjectives Core learning objectives have been added to the first page of each chapter. After reading a given chapter, students should have mastered these core concepts. Questions in Test Banks I and II are tagged according to these learning objectives, as are other ancillary materials such as the PowerPoint slides in the class presentation materials and the Student Study Guide. 19 HED 08 Economics.indd 19 10/4/2007 10:08:21 AM ECONOMICS MoreExplicitPolicyOrientation Schiller tightens the link between theory and policy by repeatedly referring to the policy sequence of goal-setting, strategy development, and tactical choices--all rooted in macro theory, increasing understanding and more clearly defining policy methods for the principles student. NEW iPodContent iPod content is now available for students through the Enhanced Cartridge or as Premium Content on the Schiller OLC. (See description under Online Supplements). 37AuthorPodcasts Brad Schiller will lead the discussion of 37 core topics to the Principles course. The podcasts will be between 3 and 5 minutes long and feature the author himself. One podcast will be featured for each chapter, and an iPod icon in the text’s margin will mark the place where the Schiller podcasts are offered. MACROECONOMICS 8th Edition AssuranceofLearningReady Many educational institutions today are focused on the notion of assurance of learning, an important element of some accreditation standards. ¬The Macro Economy Today, 11e¬ is designed specifically to support your assurance of learning initiatives with a simple, yet powerful, solution. Each test bank question for The Macro Economy Today, 11e¬ maps to a specific chapter learning objective listed in the text. You can use our test bank software, EZ Test to easily query for learning outcomes/objectives that directly relate to the learning objectives for your course. You can then use the reporting features of EZ Test to aggregate student results in similar fashion, making the collection and presentation of assurance of learning data simple and easy. By Stephen Slavin, Union College 2008(September2006)/544pages ISBN-13:978-0-07-328148-3/MHID:0-07-328148-4 http://www.mhhe.com/slavin8e Steve Slavin’s lively and comprehensive Macroeconomics has a student-friendly, step-by-step approach; value pricing; and a built-in Workbook/Study Guide. Instructors and students like the author’s humorous anecdotes, direct language, and easy conversational style. The text encourages active rather than passive reading. neW to tHIs eDItIon A Chapter Issues section at the end of each chapter gives practical application to at least one of the concepts covered in the chapter. New discussions have been added to provide yet more practical application to the overall text. Contents The discussion of comparative advantage in Chapter 18 has been written for simplicity and clarity, making it easier for students to learn. Preface Part1TheEconomicChallenge Chapter 1 Economics: The Core Issues Appendix: using Graphs Chapter 2 The U.S. Economy: A Global View Chapter 3 Supply and Demand Chapter 4 The Public Sector Part2MeasuringMacroOutcomes Chapter 5 National-Income Accounting Chapter 6 Unemployment Chapter 7 Inflation Part3CyclicalInstability Chapter 8 The Business Cycle Chapter 9 Aggregate Demand Appendix: The Keynesian Cross Chapter 10 Self-Adjustment or Instability? Part4FiscalPolicyLevers Chapter 11 Fiscal Policy Chapter 12 Deficits, Surpluses, and Debt Part5MonetaryPolicyOptions Chapter 13 Money and Banks Chapter 14 The Federal Reserve System Chapter 15 Monetary Policy Part6Supply-SideOptions Chapter 16 Supply-Side Policy: Short-run Options Chapter 17 Growth and Productivity: Long-run Possibilities Part7PolicyConstraints Chapter 18 Global Macro Chapter 19 Theory versus Reality Part8InternationalEconomics Chapter 20 International trade Chapter 21 International Finance Chapter 22 Global Poverty Glossary Index Reference Tables Contents 1 A Brief Economic History of the United States. 2 Resource Utilization. 3 Supply and Demand. 4 The Mixed Economy. 5 The Household-Consumption Sector. 6 The Business-Investment Sector. 7 The Government Sector. 8 The Export-Import Sector. 9 Gross Domestic Product. 10 Economic Fluctuations, Unemployment, and Inflation. 11 Classical and Keynesian Economics. 12 Fiscal Policy and National Debt. 13 Money and Banking. 14 The Federal Reserve and Monetary Policy. 15 A Century Of Economic Policy. 16 Economic Growth and Productivity. 17 Income Distribution and Poverty. 18 International Trade. 19 International Finance 20 HED 08 Economics.indd 20 10/4/2007 10:08:21 AM ECONOMICS CONCISE GUIDE TO MACROECONOMICS International Edition By David Moss 2007(July2007)/208pages ISBN-13:978-1-42-210179-7/MHID:1-422-10179-7 PRINCIPLES OF MACROECONOMICS 3rd Edition A Harvard Professional Reference Title By Robert H. Frank, Cornell University-Ithaca and Ben Bernanke, Princeton University 2007(January2006) ISBN-13:978-0-07-323061-0/MHID:0-07-323061-8 (withDiscoverEconCodeCard) ISBN-13:978-0-07-110820-1/MHID:0-07-110820-3 [IEwithDiscoverEconCodeCard] http://www.mhhe.com/economics/frankbernanke3 In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions and exercises. The text also encourages students to become “Economic Naturalists,” people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation. Now more than ever before, executives and managers need to understand their larger economic context. In A Concise Guide to Macroeconomics, David Moss leverages his many years of teaching experience at Harvard Business School to lay out important macroeconomic concepts in engaging, clear, and concise terms. In a simple and intuitive way, he breaks down the ideas into “output,” “money,” and “expectations.” In addition, Moss introduces powerful tools for interpreting the big-picture economic developments that shape events in the contemporary business arena. Detailed examples are also drawn from history to illuminate important concepts. This book is destined to become a staple in MBA courses—as well as the go-to resource for executives and managers at all levels seeking to brush up on their knowledge of macroeconomic dynamics. MACROECONOMICS 8th Edition By John Jackson and Ron McIver, University of South Australia 2006(September2006) ISBN-13:978-0-07-471698-4/MHID:0-07-471698-0 McGraw-Hill Australia Title Now in its 8th edition, Jackson & McIver has successfully introduced many new students of economics to the principles essentials to a proper and clear understanding of fundamental economic problems. Written for business students, the authors aim to equip tomorrow’s business manager with the necessary knowledge and tools, to analyse and interpret data, and to under the implication of government policies on business. ThoroughGrounding:Written primarily for business majors, Jackson & McIver is a refined and mature, yet up-to-date, text that gives students a thorough grounding in economic principles and theories. Contents Part1Introduction. 1. Thinking Like an Economist. 2. Comparative Advantage: The Basis for Exchange. 3. Supply and Demand: An Introduction. Part2Macroeconomics:IssuesandData. 4. Macroeconomics: The Bird’s-Eye View of the Economy. 5. Measuring Economic Activity: GDP and Unemployment. 6. Measuring the Price Level and Inflation. Part3TheEconomyintheLongRun. 7. Economic Growth, Productivity, and Living Standards. 8. Workers, Wages, and Unemployment in the Modern Economy. 9. Saving and Capital Formation. 10. Money and the Federal Reserve. 11. Financial Markets and International Capital Flow. Part4TheEconomyintheShortRun. 12. Short-term Economic Fluctuations: An Introduction. 13. Spending and Output in the Short Run. 14. Stabilizing the Economy: The Role of the Fed. 15. Inflation, Aggregate Supply, and Aggregate Demand. 16. The Practice and Pitfalls of Macroeconomic Policy. Part5TheInternationalEconomy. 17. International Trade. 18. Exchange Rates and the Open Economy BalancedApproachthatBuildsCriticalThinkingSkills:Jackson & McIver continues to introduce business students to key principles essential to an understanding of fundamental economic problems. Students are introduced to a number of alternative viewpoints, enabling them to form their own views about the benefits and limitations of economic ideology, and to actively analyse economic debates in both the public and private sectors. InternationalandCurrent:Jackson & McIver is a text that reflects the increasing global environment that tomorrow’s Business Manager will face. It has updated data throughout, with some new case studies included. The “Practising Economist” feature encourages students to analyse and interpret statistical information for use in the business everyday. Data has been updated throughout the text. Previous Chapters 6 & 7 have been amalgamated and streamlined into a new chapter Aggregate Expenditures, Output and Multipliers. Chapters 16 & 17 have also been substantially revised and updated. Contents Part1,IntroductiontoEconomics Ch 1, The nature and method of economics /Appendix: Graphs and their meaning Ch 2, The economising problem Ch 3, Demand and supply Part2, MacroeconomicActivityandFiscalPolicy Ch 4, Australia’s national and international accounts/Appendix: Other national accounting concepts Ch 5, The macroeconomic environment Ch 6, Aggregate expenditures model and multipliers/Appendix: Derivation of the multipliers Ch 7, Aggregate demand and aggregate supply Ch 8, Fiscal policy and the public debate Part3,MonetaryPolicyandEconomicStability 21 HED 08 Economics.indd 21 10/4/2007 10:08:22 AM ECONOMICS Ch 9, Money, banking and the financial system Ch 10, How banks create money Ch 11, Monetary policy Ch 12, Macroeconomic ideas--evolution and debates Ch 13, Inflation Ch 14, Aggregate supply and the labour market Part4,GrowthandDevelopment Ch 15, The economics of growth Ch 16, Growth and the developing countries Part5,ExchangeRatesandtheInternationalMonetarySystem Ch 17, Models of the exchange rate Ch 18, The international monetary system Principles of Microeconomics - Textbooks NEW MICROECONOMICS 7th Edition International Edition MACROECONOMICS 18th Edition By David C Colander, Middlebury College By Paul Samuelson, Massachusetts Institute of Technology and William Nordhaus, Yale University 2005/480pages ISBN-13:978-0-07-287206-4/MHID:0-07-287206-3 ISBN-13:978-0-07-111188-1/MHID:0-07-111188-3[IE] 2008(September2007)/576pages ISBN-13:978-0-07-334365-5/MHID:0-07-334365-X http://www.mhhe.com/www.mhhe.com/economics/samuelson18e Contents PARTONE:BASICCONCEPTS 1 The Fundamentals of Economics Appendix 1 How to Read Graphs 2 Markets and Government in a Modern Economy 3 Basic Elements of Supply and Demand PART TWO: MACROECONOMICS: ECONOMIC GROWTHAND BUSINESSCYCLES Chapter 4 Overview of Macroeconomics Appendix 4 Macroeconomic Data Chapter 5 Measuring Economic Activity Chapter 6 Consumption and Investment Chapter 7 Business Fluctuations and the Theory of Aggregate Demand Chapter 8 The Multiplier Model Chapter 9 Money, Banking, and Financial Markets Chapter 10 Central Banking and Monetary Policy PART THREE: ECONOMIC GROWTHAND MACROECONOMIC POLICY Chapter 11 The Process of Economic Growth Chapter 12 The Challenge of Economic Development Chapter 13 Exchange Rates and the International Financial System Chapter 14 Open-Economy Macroeconomics PART FOUR: UNEMPLOYMENT, INFLATION, AND ECONOMIC POLICY Chapter 15 Unemployment and the Foundations of Aggregate Supply Chapter 16 Ensuring Price Stability Chapter 17 The Warring Schools of Macroeconomics Chapter 18 Policies for Growth and Stability Written in an informal colloquial style, this student-friendly Principles of Microeconomics textbook does not sacrifice intellectual depth in its quest for accessibility. The author’s primary concern is to instill ‘economic sensibility’ in the student. Colander emphasizes the intellectual and historical context to which the economic models are applied. The seventh edition has been significantly revised to make it simpler, shorter, more organized and more applicable to the real world. neW to tHIs eDItIon Chapter dedicated to game theory and strategic thinking: Given the increasing importance of game theory in economic analysis, an introductory discussion on the topic has been moved to its own chapter (Chapter 14: Game Theory, Strategic Thinking, and Behavioral Economics). The game theory presentation is at a principles-appropriate level, giving students a flavor of the game theory approach and faculty an opening to go beyond what’s presented in the book. Fully updated: To keep the text as relevant as possible, the facts, figures, and end-of-chapter questions have all been updated with the latest data and examples. Additionally, discussions have been revised to match current interests in the profession, keeping up with the evolution of the economy and economics. iPod Content. iPod content is now available for students through the Enhanced Cartridge or as Premium Content on the Colander OLC. (See description under Online Supplements). Contents I:Introduction:ThinkinglikeanEconomist Chapter 1: Economics and Economic Reasoning Chapter 2: The Production Possibility Model, Trade, and Globalization. Chapter 3: Economic institutions Chapter 4: Supply and Demand Chapter 5: Using Supply and Demand II:Microeconomics I: Microeconomics: The Basics Chapter 6: Describing Supply and Demand: Elasticities Chapter 7: Taxation and Government Intervention II: Foundations of Supply and Demand Chapter 8: The Logic of Individual Choice: The Foundation of Supply and Demand Chapter 9: Production and Cost Analysis I Chapter 10: Production and Cost Analysis II III:MarketStructure 22 HED 08 Economics.indd 22 10/4/2007 10:08:22 AM ECONOMICS Chapter 11: Perfect Competition Chapter 12: Monopoly Chapter 13: Monopolistic Competition and Oligopoly IV: Real World Competition Chapter 14: Game Theory, Strategic Decisions Marking, and Behavioral Economics Chapter 15: Real-World Competition and Technology Chapter 16: Antitrust Policy and Regulation V:FactorMarkets Chapter 17: Work and the Labor Market Chapter 17w: Non wage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of Income V: Applying Economic Reasoning to Policy Chapter 19: Government Policy and Market Failures Chapter 19w: Politics and Economics: The Case of Agriculture Markets Chapter 20: Microeconomic Policy, Economic Reasoning, and Beyond Chapter 21: International Trade Policy, Comparative Advantage, and Outsourcing III: Macroeconomics I: Macroeconomic Problems Chapter 23: Economic Growth, Business Cycles, Unemployment, and Inflation Chapter 24: National Income Accounting II: The Macroeconomic Framework Chapter 25: Growth, Productivity, and the Wealth of Nations Chapter 26: Aggregate Demand, Aggregate Supply, and Modern Macroeconomics Chapter 27: The Multiplier Model III: Money, Inflation, and Monetary Policy Chapter 28: Money, Banking, and the Financial Sector Chapter 29: Monetary Policy and the Debate about Macro Policy Chapter 30: Inflation and Its Relationship to Unemployment and Growth IV:MacroPolicyinPerspective Chapter 31: Aggregate Demand Policy in Perspective Chapter 32: Politics, Deficits, and Debt Chapter 33: Macro Policies in Developing Countries V:InternationalPolicyIssues Chapter 34: International Financial Policy Chapter 35: Macro Policy in a Global Setting goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. neW to tHIs eDItIon Technology Advantage: McGraw-Hill aims to help instructors save time AND acknowledge that students study differently now. It is their goal to provide technology solutions that meet those goals. To that end, they have developed the following core set of products and services; Homework management, rich course cartridges, PrepCenter, iPod Content, and easy to use response system content, all described in detail below. Assessment-Ready Learning Objectives and Testing: Each chapter begins with measurable learning objectives. These learning objectives are cross-referenced to specific test bank questions to allow construction of measurement instruments. This direct link between objectives and content facilitates now common accreditation efforts necessary to meet assurance of learning requirements. New Internet Chapter: A new internet chapter covering “financial economics”, along with a fully updated preexisting web chapter covering The Economics of Developing Countries (16Web), is available for free use at our website, www.mcconnell17.com. “Financial Economics” (Chapter 14Web), examines ideas such as compound interest, present value, arbitrage, risk, diversification, and the riskreturn relationship. Consolidated Chapters: With overwhelming support of reviewers, the authors have consolidated the first two chapters of the prior edition into a single chapter, “Limits, Alternatives, and Choices” (Chapter 1). This new chapter quickly and directly moves the student into the subject matter of economics, demonstrating its methodology. We also combined the prior edition’s separate chapters on fiscal policy and the public debt into single chapter, “Fiscal Policy, Deficits, and Debt” (Chapter 11). The topics are closely related, and consolidation integrates them into a smooth flow. Updated Consider This Boxes: These boxes are used to provide analogies, examples, or stories that help drive home central economic ideas in a student-oriented, real-world manner. New boxes include such disparate topics as fast food lines (Chapter 1), high European unemployment rates (Chapter 7), and the Fed as a sponge (Chapter 14). Updated Last Word Boxes: These applications and case studies are located toward the end of each chapter. In this edition, we have included photos to pique student interest. New or relocated Last Words include those on pitfalls to sound economic reasoning (Chapter 1), the diminishing impact of oil prices on the overall economy (Chapter 10), and an anecdote on supply side economics (Chapter 15), and many more NEW International Edition New Web Button: We continue to integrate the book and our website with in-text web buttons that direct readers to website content. The authors have added a new web button consisting of a set of worked problems. Written by Norris Peterson of Pacific Lutheran University, these pieces consist of side-by-side computational questions and the computational procedures used to derive the answers. MICROECONOMICS 17th Edition By Campbell McConnell, University of Nebraska and Stanley Brue, Pacific Lutheran University Contemporary Discussions and Examples: The seventeenth edition references and discusses many current topics. Examples: the economics of the war in Iraq, China’s rapid growth rate, large Federal budget deficits, recent Fed monetary policy, the debate over inflation targeting, the productivity acceleration, rising oil prices, immigration impacts, large U.S. trade deficits, offshoring of American jobs, and many more. 2008(October2006)/560pages ISBN-13:978-0-07-327309-9/MHID:0-07-327309-0 ISBN-13:978-0-07-110145-5/MHID:0-07-110145-4[IE] http://www.mcconnell17.com McConnell and Brue’s Microeconomics: Principles, Problems, and Policies is the leading Principles of Economics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership by sticking to 3 main 23 HED 08 Economics.indd 23 10/4/2007 10:08:22 AM ECONOMICS Contents PART ONE: AN INTRODUCTION TO ECONOMICS and THE ECONOMY TotheStudent 1 Limits, Alternatives, and Choices (Appendix: Graphs and Their Meaning) 2 The Market System and the Circular Flow 3 Demand, Supply, and Market Equilibrium 4 The U.S. Economy: Private and Public Sectors 5 The United States in the Global Economy PART TWO: MICROECONOMICS OF PRODUCT MARKETS 6 Extensions of Demand and Supply Analysis 7 Consumer Behavior and Utility Maximization 8 The Costs of Production 9 Pure Competition (Appendix: Consumer Surplus, Producer Surplus, and Efficiency) 10 Pure Monopoly (Appendix: The Deadweight Loss of Monopoly) 11 Monopolistic Competition and Oligopoly 12 Technology, R&D, and Efficiency PART THREE: MICROECONOMICS of RESOURCE MARKETS 13 The Demand for Resources 14 Wage Determination 15 Rent, Interest, and Profit 15W Resource and Energy Economics PART FOUR: MICROECONMICS of GOVERMENT 16 Government and Market Failure 17 Public Choice Theory and the Economics of Taxation PART FIVE: MICROECONOMIC ISSUES and POLICIES 18 Antitrust Policy and Regulation 19 Agriculture: Economics and Policy 20 Income Inequality and Poverty 21 The Economics of Health Care 22 Labor Market Institutions and Issues: Unionism, Discrimination, Immigration PART SIX: INTERNATIONAL ECONOMICS and the WORLD ECONOMY 23 International Trade 24 Exchange Rates, the Balance of Payments, and Trade Deficits with the facts of economic life—real stories and applications. This is a book that teaches economics in a relevant context with careful pedagogy. It is also the only principles text that presents all macro theory in the single consistent context of the AS/AD framework. Schiller 11e is for students motivated by real-world policy issues who want to become economically literate. This is a book students actually READ. Schiller is also known for its cutting-edge and current coverage of today’s issues. neW to tHIs eDItIon NewChapteronGlobalPoverty Brad Schiller is a leading authority in Global Poverty and introduces it to the principles course with this new chapter. An array of global data, theory and policy combine to make an engaging and eye-opening study of this world-wide issue. Chapter-LevelLearningObjectives Core learning objectives have been added to the first page of each chapter. After reading a given chapter, students should have mastered these core concepts. Questions in Test Banks I and II are tagged according to these learning objectives, as are other ancillary materials such as the PowerPoint slides in the class presentation materials and the Student Study Guide. MoreExplicitPolicyOrientation Schiller tightens the link between theory and policy by repeatedly referring to the policy sequence of goal-setting, strategy development, and tactical choices--all rooted in macro theory, increasing understanding and more clearly defining policy methods for the principles student. iPodContent iPod content is now available for students through the Enhanced Cartridge or as Premium Content on the Schiller OLC. (See description under Online Supplements). 37AuthorPodcasts Brad Schiller will lead the discussion of 37 core topics to the Principles course. The podcasts will be between 3 and 5 minutes long and feature the author himself. One podcast will be featured for each chapter, and an iPod icon in the text’s margin will mark the place where the Schiller podcasts are offered. AssuranceofLearningReady Many educational institutions today are focused on the notion of assurance of learning, an important element of some accreditation standards. The Micro Economy Today, 11e is designed specifically to support your assurance of learning initiatives with a simple, yet powerful, solution. NEW THE MICRO ECONOMY TODAY 11th Edition Each test bank question for The Micro Economy Today, 11e maps to a specific chapter learning objective listed in the text. You can use our test bank software, EZ Test to easily query for learning outcomes/objectives that directly relate to the learning objectives for your course. You can then use the reporting features of EZ Test to aggregate student results in similar fashion, making the collection and presentation of assurance of learning data simple and easy. By Bradley R Schiller, American University Contents 2008(October2007)/544pages ISBN-13:978-0-07-328712-6/MHID:0-07-328712-1 http://www.mhhe.com/schiller11e Brad Schiller’s text, The Micro Economy Today, 11e, is noted for three great strengths: readability, policy orientation, and pedagogy. His accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues. Every chapter ends with a policy issue that emphasizes the markets vs. government dilemma. And Schiller packs his chapters Preface Part1TheEconomicChallenge Chapter 1 Economics: The Core Issues Appendix: using Graphs Chapter 2 The U.S. Economy: A Global View Chapter 3 Supply and Demand Chapter 4 The Public Sector Part2ProductMarkets:TheBasics Chapter 5 Consumer Demand Appendix: Indifference Curves Chapter 6 The Costs of Production Part3MarketStructure Chapter 7 The Competitive Firm Chapter 8 Competitive Markets Chapter 9 Monopoly Chapter 10 Oligopoly 24 HED 08 Economics.indd 24 10/4/2007 10:08:22 AM ECONOMICS Chapter 11 Monopolistic Competition Part4RegulatoryIssues Chapter 12 (De)Regulation of Business Chapter 13 Environmental Protection Chapter 14 The Farm Problem Part5FactorMarkets:BasicTheory Chapter 15 The Labor Market Chapter 16 Labor Unions Chapter 17 Financial Markets Part6DistributionalIssues Chapter 18 Taxes: Equity versus Efficiency Chapter 19 Transfer Payments: Welfare and Social Security Part7InternationalEconomics Chapter 20 International trade Chapter 21 International Finance Chapter 22 Global Poverty Glossary Index Reference Tables 11 Monopolistic Competition 12 Oligopoly 13 Corporate Mergers and Antitrust 14 Demand in the Factor Market 15 Labor Unions 16 Labor Markets and Wage Rates 17 Rent, Interest, and Profit 18 Income Distribution and Poverty 19 International Trade 20 International Finance International Edition PRINCIPLES OF MICROECONOMICS 3rd Edition By Robert H Frank, Cornell University and Ben Bernanke, Princeton University 2007(November2005) ISBN-13:978-0-07-323060-3/MHID:0-07-323060-X (withDiscoverEconCodeCard) ISBN-13:978-0-07-110657-3/MHID:0-07-110657-X [IEwithDiscoverEconCodeCard] NEW http://www.mhhe.com/economics/frankbernanke3 MICROECONOMICS 8th Edition By Stephen Slavin, Union College 2008(September2006)/544pages ISBN-13:978-0-07-328147-6/MHID:0-07-328147-6 http://www.mhhe.com/slavin8e Steve Slavin’s lively and comprehensive Microeconomics has a student-friendly, step-by-step approach; value pricing; and a built-in Workbook/Study Guide. Instructors and students like the author’s humorous anecdotes, direct language, and easy conversational style. The text encourages active rather than passive reading. neW to tHIs eDItIon A Chapter Issues section at the end of each chapter gives practical application to at least one of the concepts covered in the chapter. New discussions have been added to provide yet more practical application to the overall text. The discussion of comparative advantage in Chapter 19 has been written for simplicity and clarity, making it easier for students to learn. Contents 1 A Brief Economic History of the United States 2 Resource Utilization 3 Supply and Demand 4 The Mixed Economy 5 Demand, Supply, and Equilibrium 6 Elasticities of Supply and Demand 7 Theory of Consumer Behavior 8 Cost 9 Profit, Loss, and Perfect Competition 10 Monopoly In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two wellrespected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions, exercises, and problems. The text also encourages students to become “Economic Naturalists,” people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation. Contents Part1Introduction 1. Thinking Like an Economist 2. Comparative Advantage: The Basis for Exchange 3. Supply and Demand: An Introduction Part2CompetitionandtheInvisibleHand 4. Elasticity 5. Demand: The Benefit Side of the Market 6. Perfectly Competitive Supply: The Cost Side of the Market 7. Efficiency and Exchange 8. The Quest for Profit and the Invisible Hand Part3InternationalTrade 9. International Trade and Trade Policy Part4MarketImperfections 10. Monopoly and Other Forms of Imperfect Competition 11. Thinking Strategically: A Further Look at Monopolistic Competition and Oligopoly 12. Externalities and Property Rights 13. The Economics of Information Part5EconomicsofPublicPolicy 25 HED 08 Economics.indd 25 10/4/2007 10:08:23 AM ECONOMICS MICROECONOMICS 8th Edition 14. Labor Markets, Poverty, and Income Distribution 15. The Environment, Health, and Safety 16. Public Goods and Tax Policy By John Jackson and Ron McIver of University of South Australia 2006 (November 2006) ISBN-13: 978-0-07-471699-1 / MHID: 0-07-471699-9 McGraw-Hill Australia Title Aust Adaptation Jackson & McIver’s Microeconomics was a winner of The Australia “Tertiary (Adaptation) Teaching and Learning Package” Awards for Excellence in Education Publishing 2004. Now in its 8th edition, Jackson & McIver has successfully introduced many new students of economics to the principles essentials to a proper and clear understanding of fundamental economic problems. Written for business students, the authors aim to equip tomorrow’s business manager with the necessary knowledge and tools, to analyse and interpret data, and to under the implication of government policies on business. PRINCIPLES OF MICROECONOMICS By Robert H Frank, Cornell University, Sarah Jennings, University of Tasmania and Ben Bernanke, Princeton University 2006 (September 2006) ISBN-13: 978-0-07-471659-5 / MHID: 0-07-471659-X McGraw-Hill Australia Title This new Australian adaptation by Sarah Jennings from the University of Tasmania, is based on the highly successful US Principles of Microeconomics 2e, by Robert Frank and Ben Bernanke. It is the twin to our already-successful adaptation, Principles of Macroeconomics (adapting author, Nilss Olekalns, University of Melbourne). The authors encourage students to see economics as a way of thinking about problems and of analysing choice. They believe that the best way to learn is through repeated practice—an active learning approach. Core economic principles are introduced through simple examples which are repeated and reinforced with illustrations, exercises and features. The basic principles are successfully carried forward throughout the book (which tends not to be the case with most economics textbooks). Principles of Microeconomics deliberately avoids an encyclopaedic approach. The text is selective rather than exhaustive in its methodology. It adopts a slightly more analytical perspective to the study of economics, which challenges students to think critically while applying core economic principles to each scenario. Contents INVITATION TO PUBLISH Part 1: Introduction Ch 1, Thinking as an economist Ch 2, Comparative advantage: the basis for exchange Ch 3, Supply and demand: an introduction Part 2: Competition Ch 4, Elasticity Ch 5, Demand: the benefit side of the market Ch 6, Perfectly competitive supply: the cost side of the market Ch 7, Efficiency and exchange Ch 8, International trade and trade policy Part 3: Firms and Profit Ch 9, The quest for profit and the invisible hand Ch 10, Monopoly and other forms of imperfect competition Ch 11, Thinking strategically Part 4: Market Failure and Public Policy Ch 12, Externalities, common resources and property rights Ch 13, Public goods and tax policy Ch 14, The economics of information Ch 15, Labour markets, poverty and income distribution Thorough Grounding -- Written primarily for business majors, Jackson & McIver is a refined and mature, yet up-to-date, text that gives students a thorough grounding in economic principles and theories. Balanced Approach that Builds Critical Thinking Skills -- Jackson & McIver continues to introduce business students to key principles essential to an understanding of fundamental economic problems. Students are introduced to a number of alternative viewpoints, enabling them to form their own views about the benefits and limitations of economic ideology, and to actively analyse economic debates in both the public and private sectors. Current and Updated -- Jackson & McIver is a text that reflects the economic environment that tomorrow’s Business Manager will face. It has updated data throughout, with some new case studies included. The “Practising Economist” feature encourages students to analyse and interpret statistical information for use in the business everyday. Data has been updated throughout the text. Students are encouraged to think about Australia’s relative economic characteristics, both globally and within the region, to help cature the international dimensions of economic data and analysis. New case studies have been included. Contents Part 1, Introduction to Economics Ch 1, The nature and method of economics Appendix: Graphs and their meaning Ch 2, The economising problem Ch 3, Demand and supply Part 2, An Overview of Microeconomics Ch 4, Allocation and the market system Ch 5, Organisation of business in Australia Part 3, The Economics of Markets Ch 6, Elasticity and its applications Ch 7, Consumer behaviour Appendix: Indifference curve analysis Ch 8, An overview of market structures Ch 9, The costs of production Ch 10, Pure competition Ch 11, Pure monopoly Ch 12, Monopolistic competition Ch 13, Oligopoly Ch 14, The demand for economic resources Ch 15, Wage determination Ch 16, Rent, interest and profits Part 4, The Role of Government Ch 17, Market failure and resource allocation Ch 18, Inequality and poverty Part 5, International Economics Ch 19, Trade, free trade and protection Glossary / Index McGraw-Hill is interested in reviewing manuscript for publication. Please contact your local McGraw-Hill office or email to [email protected] Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 26 HED 08 Economics.indd 26 10/4/2007 10:08:23 AM ECONOMICS International Edition International Edition ESSENTIALS OF ECONOMICS MICROECONOMICS 18th Edition By Stanley L Brue, Pacific Lutheran University and Campbell R McConnell 2007(November2005)/480pages ISBN-13:978-0-07-301967-3/MHID:0-07-301967-4 ISBN-13:978-0-07-110634-4/MHID:0-07-110634-0[IE] By Paul Samuelson, Massachusetts Institute of Technology and William Nordhaus, Yale University 2005/464pages ISBN-13:978-0-07-287207-1/MHID:0-07-287207-1 ISBN-13:978-0-07-111298-7/MHID:0-07-111298-7[IE] http://www.mhhe.com/brueonline.com http://www.mhhe.com/www.mhhe.com/economics/samuelson18e Contents PartOne:BasicConcepts 1 The Fundamentals of Economics Appendix 1 How to Read Graphs 2 Markets and Government in a Modern Economy 3 Basic Elements of Supply and Demand Part Two: Microeconomics: Supply, Demand, and Product Markets 4 Applications of Supply and Demand 5 Demand and Consumer Behavior Appendix 5 Geometrical Analysis of Consumer Equilibrium 6 Production and Business Organization 7 Analysis of Costs Appendix 7 Production, Cost Theory, and Decision of the Firm 8 Analysis of Perfectly Competitive Markets 9 Imperfect Competition and Monopoly 10 Oligopoly and Monopolistic Competition 1 Uncertainty and Game Theory PartThree:FactorMarkets:Labor,Land,andCapital 12 How Markets Determine Incomes 13 The Labor Market 14 Land and Capital Appendix 14 Markets and Economic Efficiency PartFour:AppliedMicroeconomics:InternationalTrade,Government,andtheEnvironment 15 Comparative Advantage and Protectionism 16 Government Taxation and Expenditure 17 Promoting More Efficient Markets 18 Protecting the Environment 19 Efficiency vs. Equality: The Big Tradeof Survey of Economics Building on the tremendous success of their best-selling Principles of Economics text, Brue and McConnell have written a new one semester text to provide a fresh alternative. This new, 18-chapter textbook will appeal to anyone teaching a one-semester introductory course. Brue/McConnell is a patient, substantive treatment of micro and macro economics for the one-semester course with many, upto-date, motivating examples. Contents PartOne:Introduction Chapter 1: Limits, Alternatives, and Choices Chapter 2: The Market System and the Circular Flow PartTwo:Price,Quantity,andEfficiency Chapter 3: Demand, Supply, and Market Equilibrium Chapter 4: Elasticity of Demand and Supply Chapter 5: Market Failure: A Role for Government PartThree:ProductMarkets Chapter 6: Businesses and Their Costs Chapter 7: Pure Competition Chapter 8: Pure Monopoly Chapter 9: Monopolistic Competition and Oligopoly Chapter 10: Wage Determination Chapter 11: Income Inequality and Poverty Part Four: Macroeconomic Measurement, Models, and Fiscal Policy Chapter 12: Introduction to GDP, Growth, and Instability Chapter 13: Aggregate Demand and Aggregate Supply Chapter 14: Fiscal Policy, Deficits, and Debt PartFive:Money,Banking,andMonetaryPolicy Chapter 15: Money and Banking Chapter 16: Monetary Policy PartSix:EconomicGrowthandInternationalEconomics Chapter 17: Economic Growth Chapter 18: International Trade Glossary Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. NEW ESSENTIALS OF ECONOMICS 7th Edition Visit McGraw-Hill Education Website: www.mheducation.com By Bradley R Schiller, American University 2009(February2008)/448pages ISBN-13:978-0-07-337580-9/MHID:0-07-337580-2 COMPLIMENTARY COPIES http://www.mhhe.com/schilleressentials7e (Details unavailable at press time) 2 HED 08 Economics.indd 27 10/4/2007 10:08:23 AM ECONOMICS 5 Market structure and imperfect competition. 6 Input markets and income distribution. 7 Governing the market. 8 The income and output of nations. 9 Short-run fluctuations in income and output. 10 Interest rates, money, and inflation. 11 Aggregate supply, inflation, and unemployment. 12 Exchange rates and the balance of payments. 13 The global economy. Answers to Questions. Glossary International Edition ESSENTIALS OF ECONOMICS 6th Edition By Bradley R Schiller, American University 2007(June2006)/448pages ISBN-13:978-0-07-340279-6/MHID:0-07-340279-6 ISBN-13:978-0-07-110146-2/MHID:0-07-110146-2[IE] http://www.mhhe.com/economics/schilleressentials6 Essentials of Economics is the market leader for the one-semester survey course. In just about 400 pages, it provides a solid introduction to the core concepts of economics with an emphasis on real-world examples and current events. Essentials has earned its popular success because, unlike other books on the market, it is free of the abstract and complex theory that requires more time than this course allows. Instead, the text is clean and concise, with many examples of significance to students today, including Headlines and Policy Perspectives that use current events to help illustrate the topics discussed. This real-world policy emphasis is a distinctive feature of Schiller’s text and is integral to its dominance of the survey text market. Economics for Business Contents SectionI:Basics Chapter 1 The Challenge of Economics Chapter 2 The U.S. Economy Chapter 3 Supply and Demand SectionII:Microeconomics Chapter 4 Consumer Demand Chapter 5 Supply Decisions Chapter 6 Competition Chapter 7 Monopoly Chapter 8 The Labor Market Chapter 9 Government Intervention SectionIII:Macroeconomics Chapter 10 The Business Cycle Chapter 11 Aggregate Supply and Demand Chapter 12 Fiscal Policy Chapter 13 Money and Banks Chapter 14 Monetary Policy Chapter 15 Economic Growth Chapter 16 Theory and Reality SectionIV:International Chapter 17 International Trade Glossary / Index ECONOMICS FOR BUSINESS 2nd Edition By David Begg, University of London and Damian Ward, Bradford University 2006(November2006)/432pages ISBN-13:978-0-07-711451-0/MHID:0-07-711451-5 McGraw-Hill UK Title Economics for Business, second edition is an essential introduction to economics, tailor-made for business students. The text demonstrates the relevance of applying economic principles to solve business problems, using a unique approach that starts with the business problem before employing economics as the solution. Key economic theories are therefore clearly explained within the context of modern business, drawing on a wealth of contemporary examples to bring the topics to life. The supporting features and exercises allow students to consolidate their learning and equip them with the economic tools to confront real business situations. Contents FOUNDATIONS OF ECONOMICS 3rd Edition By David Begg, Principal of Tanaka Business School, Imperial College, University of London 2006(March2006)/352pages ISBN-13:978-0-07-711423-7/MHID:0-07-711423-X McGraw-Hill UK Title Foundations of Economics, third edition is ideal for students taking introductory economics modules as part of an interdisciplinary course. Building on the success of the second edition, the book provides accessible overviews of key economic topics, interweaving these with real-world examples and practical activities to equip students to think for themselves. PartI:Introduction Chapter 1: Economics for business PartII:Understandingmarkets Chapter 2: Consumers in the market place Chapter 3: Firms in the market place Chapter 4: Markets in action PartIII:Competitionandprofitability Chapter 5: Market structure and firm performance Chapter 6: Strategic rivalry Chapter 7: Growth strategies Chapter 8: Governing business PartIV:Domesticmacroeconomics Chapter 9: Introduction to the macroeconomy Chapter 10: Measuring macroeconomic variables and policy issues Chapter 11: Economic stability and demand side policies Chapter 12: Supply side policies and economic growth PartV:Globaleconomics Chapter 13: Exchange rates and the balance of payments Chapter 14: Globalization Contents Preface. 1 What is economics? 2 Demand. 3 Supply. 4 Costs, supply and perfect competition. 2 HED 08 Economics.indd 28 10/4/2007 10:08:23 AM ECONOMICS Economics Issues Contents NEW ISSUES IN ECONOMICS TODAY 4th Edition By Robert Guell, Indiana State University--Terre Haute 2008(October2007)/448pages ISBN-13:978-0-07-337570-0/MHID:0-07-337570-5 Issues in Economics Today is a modern issues book that presents the latest and most interesting topics. It was developed to allow instructors the maximum flexibility to teach this material in a manner that fits their personal style. Some professors like to intertwine theory and issues while others like to lay the theoretical foundation first before heading into the issues. Faculty may choose to set a theme for their course and pick issues consistent with that theme, while others may let their students decide what issues interest them. Beginning with eight core theory chapters and followed by 35 shorter issues chapters, there is no right way to use the book. As a result of this structure, instructors do not have to teach the same course every semester. The Fourth edition continues to stay on the cusp of recent events and topics, such as outsourcing, inflation targeting, the impact of trade agreements, the cost of adhering to the Kyoto protocols, induced demand in pharmaceuticals, myths surrounding affirmative action, the impact of gasoline prices on ethanol and corn demand, Apple’s troubles with the EU, textbook price inflation relative to tuition costs, poverty in the US vs. other developed countries, and a recasting of the War chapter to focus more heavily on occupation costs. neW to tHIs eDItIon New chapter feature: You Are Here: A Road Map for keeping each chapter in perspective. Too often students see a course as separate lectures with little connection between them. The Fourth edition includes a standard “circular flow” diagram in Chapter 1 to be used as a road map at the beginning of each subsequent chapter. At the introduction of each new chapter, an instructor can take a moment to show how the new material fits with the old. New Chapter 22, “So You Want to Be a Lawyer: Economics and the Law,” focuses on the areas where law is necessary for a thriving economy, such as contract enforcement, property rights, intellectual property rights, and bankruptcy. It then talks about the role of economists in civil liability cases. New Chapter 43, “Economic Growth and Development,” focuses on why already developed countries grow even further and contrasts that with the struggles that developing countries face in moving forward. Chapter 1: Economics: The Study of Opportunity Cost 1A Graphing: Yes, You Can Chapter 2: Supply and Demand Chapter 3: The Concept of Elasticity and Consumer and Producer Surplus Chapter 4: Firm Production, Cost, and Revenue Chapter 5: Perfect Competition, Monopoly, and Economic versus Normal Profit Chapter 6: Every Macroeconomic Word You Ever Heard: Gross Domestic Product, Inflation, Unemployment, Recession, and Depression Chapter 7: Interest Rates and Present Value Chapter 8: Aggregate Demand and Aggregate Supply Chapter 9: Federal Spending Chapter 10: Federal Deficits, Surpluses, and the National Debt Chapter 11: Fiscal Policy Chapter 12: Monetary Policy Chapter 13: International Trade: Does It Jeopardize American Jobs? Chapter 14: The International Monetary Fund: Doctor or Witch Doctor? Chapter 15: NAFTA, GATT, WTO: Are Trade Agreements Good for Us? Chapter 16: Tobacco, Alcohol, Drugs, and Prostitution Chapter 17: The Environment Chapter 18: Health Care Chapter 19: Government Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program Chapter 20: The Economics of Prescription Drugs Chapter 21: Economics and the Law Chapter 22: The Economics of Crime Chapter 23: Race, Gender, and Affirmative Action Chapter 24: Farm Policy Chapter 25: Minimum Wage Chapter 26: Rent Control Chapter 27: Ticket Brokers and Ticket Scalping Chapter 28: Antitrust Chapter 29: Why Did This Textbook Cost so Much? Chapter 30: Education Chapter 31: Poverty and Welfare Chapter 32: Social Security Chapter 33: Head Start Chapter 34: Personal Income Taxes Chapter 35: Energy Prices Chapter 36: If We Build It, Will They Come? And Other Sports Questions Chapter 37: The Stock Market and Crashes Chapter 38: Unions Chapter 39: The Cost of War and Occupation Chapter 40: The Economics of Terrorism Chapter 41: Wal-Mart: Always Low Prices (and Low Wages)... Always Chapter 42: The Economic Impact of Casino Gambling Chapter 43: Economic Growth and Development Chapter 44: The Housing Bubble (Bonus Web Chapter) Substantial revision for Chapter 13 (“International Trade: Does It Jeopardize American Jobs?”) and Chapter 17 (“The Environment”). New Narrated PowerPoint presentations, with roughly 20 slides per chapter Every data graph and table was updated to include the latest available information. 29 HED 08 Economics.indd 29 10/4/2007 10:08:23 AM ECONOMICS NEW NEW ECONOMICS OF SOCIAL ISSUES 18th Edition TAKING SIDES: CLASHING VIEWS ON ECONOMIC ISSUES 13th Edition By Ansel M Sharp, University of the South, Charles A Register, Florida Atlantic UniversityBoca Raton and Paul W Grimes, Mississippi State University By Frank J Bonello, University of Notre Dame and Isobel Lobo, Benedictine University 2008(October2007)/512pages ISBN-13:978-0-07-340280-2/MHID:0-07-340280-X 2008(March2007)/432pages ISBN-13:978-0-07-352725-3/MHID:0-07-352725-4 http://www.mhhe.com/sharp18e A Dushkin Title http:///www.mhcls.com/textdata/catalog/0073527254. mhmtl This Thirteenth Edition of TAKING SIDES: CLASHING VIEWS ON ECONOMIC ISSUES presents current controversial issues in a debate-style format designed to stimulate student interest and develop critical thinking skills. Each issue is thoughtfully framed with an issue summary, an issue introduction, and a postscript. An instructor’s manual with testing material is available for each volume. USING TAKING SIDES IN THE CLASSROOM is also an excellent instructor resource with practical suggestions on incorporating this effective approach in the classroom. Each TAKING SIDES reader features an annotated listing of selected World Wide Web sites and is supported by our student website, www.mhcls.com/online. Sharp/Register/Grimes’ Economics of Social Issues originated the Social Issues approach to teaching basic economic principles. Designed as an introduction to general economics for non-majors, it presents economic concepts as useful tools to analyze contemporary social issues. Each chapter presents economic concepts then places them within the context of very current issues facing society. The book may also be used to supplement principles courses with lively social issues to add relevance to the economic principles being taught. Economics of Social Issues has garnered a loyal user following for its timely and impartial handling of current social issues that dominate newspapers and television news. As the major social issues facing our society change, so does this textbook. While the issues are contemporary and the supporting information updated, the authors remain objective. Contents Unit1MicroeconomicIssues. Issue 1. Are Profits the Only Business of Business? Issue 2. Are CEOs Paid What They Are Worth? Issue 3. Is There Discrimination in U.S. Labor Markets? Issue 4. Is the New Medicare Part D Drug Benefit Good Health Care Policy? Issue 5. Are Health Savings Accounts the Right Medicine for the Ills of the Health Care Industry? Issue 6. Is It Time to Reform Medical Malpractice Litigation? Unit2MacroeconomicsIssues Issue 7. Is Wal-Mart Good for the Economy? Issue 8. Should Social Security Be Changed to Include Personal Retirement Accounts? Issue 9. Should the Double Taxation of Corporate Dividends Be Eliminated? Issue 10. Are Credit Card Companies Exploiting American Consumers? Issue 11. Should Minimum Wage and Living Wage Laws Be Eliminated? Issue 12. Do Unskilled Immigrants Hurt the Economy? Unit3TheWorldAroundUs Issue 13. Are Protectionists Policies Bad for America? Issue 14. Should We Sweat About Sweatshops? Issue 15. Are the Costs of Global Warming Too High to Ignore? Issue 16. Are Spending Cuts the Right Way to Balance the Federal Government’s Budget? Issue 17. Has the North American Free Trade Agreement Benefited the Economies of Canada, Mexico, and the U.S.? Issue 18. Is the No Child left Behind Act Working? Issue 19. Will the Creation of an Ownership Society Make the American Economy More Efficient and More Equitable? neW to tHIs eDItIon Enhanced and more thorough treatment of the Production Possibilities model in Chapter 1. In an effort to stay current, the authors eliminated the outdated ‘ collectively consumed/individually consumed’ dichotomy in favor of the more modern ‘ public/private good’ characterization. This is first seen in Chapter 5 and carried throughout the rest of the book. Significantly updated Chapter 12 on ‘ Unemployment.’ The authors took a more modern approach to introduce Aggregate Supply and Aggregate Demand. The new discussion now breaks Aggregate Supply and Aggregate Demand into short-term and long-term. Additionally, an enhanced discussion of labor force definitions and terms was added. Significantly updated Chapter 13 on ‘ Inflation.’ Discussion in this chapter builds upon the new breakdown of Aggregate Supply and Aggregate Demand introduced in Chapter 12. The chapter now distinguishes between short-term and long-term situations and outcomes. All new graphs are included in this chapter. All data found in the 18th edition was thoroughly revised and updated with the latest available economic statistics. Additionally, the authors updated review questions and the recommended readings list to reflect new or modified content. The end-of-chapter list of websites points readers to original data sources for the latest figures released after publication. Contents Chapter 1: Alleviating Human Misery: The Role of Economic Reasoning Chapter 2: Economic Systems, Resource Allocation, and Social WellBeing: Lessons from China’s Transition Chapter 3: Government Control of Prices in Mixed Systems: What Are the Actual Outcomes? Chapter 4: Pollution Problems: Must We Foul Our Own Nests? Chapter 5: Economics of Crime and Its Prevention: How Much is Too Much 30 HED 08 Economics.indd 30 10/4/2007 10:08:24 AM ECONOMICS Chapter 6: The Economics of Education: Crisis and Reform Chapter 7: Poverty Problems and Discrimination: Why Are So Many Still Poor? Chapter 8: The Economics of Big Business: Who Does What to Whom? Chapter 9: The Economics of Professional Sports: What is the Real Score? Chapter 10: Competition in the Global Marketplace: Should We Protect Ourselves From International Trade? Chapter 11: Economic Growth: Are We Living in a “New Economy”? Chapter 12: Unemployment Issues: Why Do We Waste Our Labor Resources? Chapter 13: Inflation: How to Gain and Lose at the Same Time Chapter 14: Government Spending, Taxation, and the National Debt: Who Wins and Who Loses? Chapter 15: Social Security and Medicare: How Secure Is Our Safety Net for the Elderly? ANNUAL EDITIONS: ECONOMICS 34rd Edition 24. Why Are Taxes So Complicated and What Can We Do About It? New! 25. The Tax Reform Revolution 26. Tax Reform R.I.P. 27. Link Between Taxation, Unemployment Is Absent 28. What Should Central Banks Do? 29. How Does Monetary Policy Affect the U.S. Economy? New! 30. It’s His Economy Now—And Yours New! 31. Banking Consolidation New! 32. Bank ATMs and ATM Surcharges New! 33. Toward a Cashless Society UNIT5.TheChangingGlobalEconomy New! 34. Update on the State of the Future 35. As Job Exports Rise, Some Economists Rethink the Mathematics of Free Trade New! 36. Is the Current Account Deficit Sustainable? New! 37. The High-Tech Threat from China New! 38. Building Blocks New! 39. Where the Money Went 40. Asymmetric Globalization: Global Markets Require Good Global Politics New! 41. Will the World Run Dry? Global Water and Food Security New! 42. Do Global Attitudes and Behaviors Support Sustainable Development? 43. Eliminating Child Labor By Don Cole, Drew University 2007(October2006)/208pages ISBN-13:978-0-07-352843-4/MHID:0-07-352843-9 McGraw-Hill Duskin Title http://www.mhhe.com/text-data-catalog/0073528439.mhtml This thirty-fourth of ANNUAL EDITIONS: ECONOMICS provides convenient, inexpensive access to current articles selected from the best of the public press. Organizational features include: an annotated listing of selected World Wide Web sites; an annotated table of contents; a topic guide; a general introduction; brief overviews for each section; a topical index; and an instructor’s resource guide with testing materials. USING ANNUAL EDITIONS IN THE CLASSROOM is offered as a practical guide for instructors. ANNUAL EDITIONS titles are supported by our student website, www.mhcls.com/online. Intermediate Macroeconomics NEW Contents UNIT1.Introduction 1. How Much for a Life? Try $3 Million to $5 Million New! 2. More, Bigger, Faster 3. Counter-Terrorism: The Private Cost of More Security UNIT2.Microeconomics 4. Smoke Signals New! 5. Jousting for Television’s Holy Grail New! 6. Bruised in Bentonville, Andy Serwer New! 7. Airlines New! 8. Modernizing U.S. Antitrust Law: The Role of Technology and Innovation 9. The Real Price of Gas New! 10. The Truth About Oil 11. The Eco-Economic Revolution: Getting the Market in Sync with Nature 12. Congested Parks—A Pricing Dilemma UNIT3.TheEconomicsofWorkandIncome New! 13. Building a More-Humane Economy New! 14. The Rich Get (Much) Richer New! 15. Outsourcing Jobs: The Myths and Realities New! 16. Laid Off and Left Out New! 17. Multiple Minimums New! 18. The Gender Gyp New! 19. The Health Care Crisis and What to Do About It UNIT4.Macroeconomics New! 20. Countdown to a Meltdown New! 21. Seizing Intangibles for the G.D.P. New! 22. The Elephant in the Room New! 23. Social Spending and Economic Growth International Edition MACROECONOMICS 10th Edition By Rudiger Dornbusch (deceased), Stanley Fischer, Mass Institute of Tech and Richard Startz, University of Washington 2008(August2007)/640pages ISBN-13:978-0-07-312811-5/MHID:0-07-312811-2 ISBN-13:978-0-07-125924-8/MHID:0-07-125924-4[IE] http://www.mhhe.com/dornbusch10e Dornbusch, Fischer, and Startz has been a long-standing, leading intermediate macroeconomic theory text since its introduction in 1978. This revision retains most of the text’s traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. This revision focuses on making the text even easier to teach from. The only pre-requisite continues to be principles of economics. neW to tHIs eDItIon New! Chapter 8 devoted to a “media-level view” of stabilization policy, in particular the policy of the Fed. This coverage helps students connect what they see every day in the news to the science they are learning in class while providing a much gentler introduction 31 HED 08 Economics.indd 31 10/4/2007 10:08:24 AM ECONOMICS to that science. New coverage of changes that were done by the Fed in the recent years. For example, in Chapter 15 we indicate that M3 monetary aggregate and its components is no longer being tracked. Another example is in Chapter 16, discount rate has been modified. Numerous up-to-date examples, tables and figures provided. For example, hyper-inflations are now illustrated with Zimbabwe, which has been in the news. Contents Part1–IntroductionandNationalIncomeAccounting Chapter 1 – Introduction Chapter 2 – National Income Accounting Part2–Growth,AggregateSupplyandDemand,andPolicy Chapter 3 – Growth and Accumulation Chapter 4 – Growth and Policy Chapter 5 – Aggregate Supply and Demand Chapter 6 – Aggregate Supply: Wages, Prices, and Unemployment Chapter 7 – The Anatomy of Inflation and Unemployment Chapter 8 – Policy Preview Part3–FirstModels Chapter 9 – Income and Spending Chapter 10 – Money, Interest, and Income Chapter 11 – Monetary and Fiscal Policy Chapter 12 – International Linkages Part4–BehavioralFoundations Chapter 13 – Consumption and Saving Chapter 14 – Investment Spending Chapter 15 – The Demand for Money Chapter 16 – The Fed, Money, and Credit Chapter 17 – Policy Chapter 18 – Financial Markets and Asset Prices Part5–BigEvents,InternationalAdjustments,andAdvanced Topics Chapter 19 – Big Events: The Economics of Depression, Hyperinflation, and Deficits Chapter 20 – International Adjustment and Interdependence Chapter 21 – Advanced Topics Appendix Glossary Index PartIILong-RunEconomicGrowth 4 The Theory of Economic Growth 5 The Reality of Economic Growth: History and Prospect PartIIIFlexible-PriceMacroeconomics 6 Building Blocks of the Flexible-Price Model 7 Equilibrium in the Flexible-Price Model 8 Money, Prices, and Inflation PartIVSticky-PriceMacroeconomics 9 The Sticky-Price Income-Expenditure Framework: Consumption and the Multiplier 10 Investment, Net Exports, and Interest Rates: The IS Curve 11 The Money Market and the LM Curve 12 The Phillips Curve and Expectations PartVMacroeconomicPolicy 13 Stabilization Policy: The Budget Balance, the National Debt, and Investment International Economic Policy 14 Changes in the Macroeconomy and Changes in Macroeconomic Policy 15 The Future of Macroeconomics Epiloge Aust Adaptation MACROECONOMICS 2nd Edition By Rudiger Dornbusch (deceased), Philip Bodman, University of Queensland, Mark Crosby, Melbourne Business School, Stanley Fischer, Mass Institute of Tech and Richard Startz, University of Washington 2006(February2006) ISBN-13:978-0-07-471568-0/MHID:0-07-471568-2 McGraw-Hill Australia Title http://www.mhhe.com/au/dornbusch2e This new edition of Macroeconomics has been thoroughly revised and updated by respected author team Philip Bodman and Mark Crosby. The book maintains many of the bestselling features of its US counterpart, such as the focus on models and methodological frameworks for economic analysis, while including currently policy issues using a blend of theory and data, combined with new examples and real world material. Pedagigical features are significantly enhanced and material is presented in a clear and accessible manner. Contents International Edition MACROECONOMICS 2nd Edition By Bradford DeLong, University of California—Berkeley 2006/544pages ISBN-13:978-0-07-287758-8/MHID:0-07-287758-8 ISBN-13:978-0-07-111113-3/MHID:0-07-111113-1[IE] http://www.mhhe.com/economics/delong2 Macroeconomics 2e offers a new approach to the subject. Drawing upon vast experience teaching, researching, and advising the U.S. government on policy has enabled the authors to write an intermediate macroeconomics book that will set the standard for books in this area for years to come. For example, DeLong/Olney focuses on the interest rate rather than the AS/AD diagram and includes expanded coverage of the crucial topic of long-run growth. This lively text is modern, provides extensive insight into economic policy, incorporates a strong international perspective, and offers a broad historical perspective. Contents PartIPreliminaries 1 Introduction to Macroeconomics 2 Measuring the Macroeconomy 3 Thinking Like an Economist Part1,IntroductionandNationalIncomeAccounting Ch 1, An introduction to macroeconomics Ch 2, National income accounting Part2,GrowthandAggregateSupplyandDemand Ch 3, Growth and accumulation Ch 4, Growth and policy Ch 5, Aggregate supply and demand Ch 6, Aggregate supply: wages, prices and unemployment Part3,EarlyModels Ch 7, Income and Spending Ch 8, Money, interest and income Ch 9, Monetary and fiscal policy in the closed economy Part4,OpenEconomyMacroeconomics Ch 10, Internatioanl linkages Ch 11, International adjustment and interdependence Part5,BehaviouralFoundations Ch 12, Consumption and saving Ch 13, Investment spending Ch 14, The demand for money Ch 15, The RBA, money and credit Ch 16, Financial markets Part6,BigIssues,EconomicPolicyandAdvancedTopics Ch 17, Big issues #1: Inflation Ch 18, Big issues #2: Unemployment Ch 19, Policy in an uncertain world Ch 20, Advanced topics 32 HED 08 Economics.indd 32 10/4/2007 10:08:24 AM ECONOMICS Real World Applications Closely Tied to Text: Microeconomics incorporates real world applications and examples that students can relate to, unlike most other texts on the market that use a mix of real and fictitious scenarios. ALL included applications are founded in real companies and individuals making decisions. The authors have been diligent to ensure the applications tie directly and clearly to the concept being discussed. Intermediate Microeconomics See Example 4.1, Application 4.1. Worked-Out Problems and In-Text Exercises: A series of example problems are provided to help students apply the issues discussed in the chapters. Linked “In-Text Exercises” follow the “Worked-Out Problems”as an extra reinforcement, driving home the highlighted concept. NEW International Edition MICROECONOMICS By B Douglas Bernheim, Stanford University and Michael D Whinston, Northwestern University 2008(December2007)/672pages ISBN-13:978-0-07-290027-9/MHID:0-07-290027-X ISBN-13:978-0-07-110141-7/MHID:0-07-110141-1[IE] See Worked-Out Problem 4.1, In-Text Exercise 4.1. INNOVATIVECHAPTERS&APPROACH http://www.mhhe.com/bernheim1e Bernheim and Whinston’s Microeconomics focuses on the core principles of the intermediate microeconomic course: individuals and firms making decisions, competitive markets, and market failures. An accessible text that does not require knowledge of calculus, Microeconomics utilizes examples and integrates topics that will stimulate and motivate students. Key advantages of Bernheim and Whinston’s approach are: 1) A fresh, up-to-date treatment of modern microeconomic theory. No Calculus Required: By starting students in the right place and using well-placed Worked-out Problems, the authors encourage students to solve a much wider range of quantitative problems than are usually covered in non-calculus texts, while requiring only simple algebra. For example, consumer choice coverage generally poses a problem asking students to figure out what a consumer is going to choose. Most books either treat that problem only graphically, or begin with a utility function, which requires calculus. Instead, Bernheim and Whinston start with the consumer’s marginal rate of substitution, so the student can solve for the best choice with only basic algebra. Conceptually, the marginal rate of substitution is a more appropriate starting point because it is observable, whereas a utility function is not observable; it is something economists have invented. 2) A clear and engaging writing style, along with innovative pedagogy that provides students with more accessible ways to understand and master difficult concepts. 3) Numerous real-world applications that are closely tied to the theoretical material developed in the text. 4) Teaches students to solve a wide range of quantitative problems without requiring calculus. FeAtURes FLEXIBLEANDACCESSIBLE Flexible Chapter Organization: Microeconomics places the decision making chapters first, followed by the discussion of markets. However, all chapters are carefully written in a modular format so that they can be taught in any order, and the Preface outlines multiple organization scenarios that could be followed. (For example, an instructor can move from basic producer and consumer theory to competitive markets, and then cover more advanced topics in decision making, like time, uncertainty, and strategy). Teaches the “Why it matters” behind the theory: The authors use a clear and engaging writing style - a style that undergrads can get excited about. When they bring up a topic they explain why it matters, instead of merely asserting that the topic will be useful later. --See section titled “Why are rates of substitution important” in Chapter 4, Section 4.3. Usually, students are just assured that rates of substitution will prove useful later. Student Friendly Pedagogy: Microeconomics uses innovative pedagogy that provides students with more accessible ways to understand and master difficult concepts. For example, colored tables are used to explain various consumer choices at the beginning of the consumer theory sections instead of going right to cases where students are forced to draw indifference curves. RELEVANTEXAMPLES,PRACTICALAPPLICATIONS The Worked-Out Problems and Exercises cleanly separate the economics from the calculus by providing students with both ‘total’ and ‘marginal’ formulas. This allows non-calculus students to solve a wide range of quantitative problems. It also allows students with calculus backgrounds to focus on the economic content of the problems, without confusing the economics with the calculus; those students can also be asked to check the derivatives. Marginal Analysis Chapter (3): An entire chapter has been devoted to marginal analysis, the central tool of microeconomics. Given that students are going to use this core set of principles throughout the course, the authors introduce the topic early and facilitate a deep understanding of the concept. Game Theory Chapter (12): Bernheim and Whinston offer an entire chapter on this important topic. The chapter is an engaging, accessible and up-to-date introduction to a topic that has permeated the field of Economics in recent years. Microeconomics innovatively illustrates concepts using graphing and color, and fun examples such as the “World Rock/Paper/Scissors Tournament” explained at the beginning of the chapter. Behavioral Economics Chapter (13): Bernheim and Whinston provide an even-handed, thought-provoking introduction to behavioral issues and experiments. The chapter has 4 parts tying behavioral economics to the concepts taught in other chapters. That way you can use this chapter stand alone or modularly in conjunction with other chapter topics. You are not forced to cover this concept. Innovative treatment of time and uncertainty (Chapters 10 and 11): In most books, time and uncertainty are taught in ways that seem like the student has to learn a whole new set of tools. Not in Microeconomics. Bernheim and Whinston cover these topics using concepts students already know from their study of consumer and producer theory, such as indifference curves and budget lines. Faculty around the country are excited by the approach taken in these chapters. See Chapter 4: Principles and Preferences in Part II: Individual Decision Making (Key Chapter) 33 HED 08 Economics.indd 33 10/4/2007 10:08:25 AM ECONOMICS and 10. Starred problems that require calculus are included in the end-of-chapter problem sets. Contents PartI:Introduction 1. Preliminaries 2. Supply and Demand 3. Balancing Benefits and Costs PartII:IndividualDecisionMaking IIA: Consumption Decisions 4. Principles and Preferences 5. Constraints, Choices, and Demand 6. From Demand to Welfare IIB: Production Decisions 7. Technology and Production 8. Cost Minimization 9. Profit Maximization IIC: Additional Topics 10. Decisions Involving Time 11. Decisions involving uncertainty 12. Decisions Involving Strategy (Game Theory) 13. Behavioral Economics PartIII:Markets IIIA. Competitive Markets 14. Equilibrium and Efficiency IIIB: Imperfectly Competitive Markets 17. Monopoly 18. Pricing 19. Oligopoly 20. Externalities and Public Goods 21. Information and Contracts Contents Part1:Introduction 1. Thinking Like an Economist 2. Supply and Demand Appendix: How Do Taxes Affect Equilibrium Prices and Quantities? Part2:TheTheoryofConsumerBehavior 3. Rational Consumer Choice Appendix: The Utility Function Approach to the Consumer Budgeting Problem 4. Individual and Market Demand Appendix: Additional Topics in Demand Theory 5. Applications of Rational Choice and Demand Theories 6. The Economics of Information and Choice Under Uncertainty Appendix: Search Theory and the Winner’s Curse 7. Explaining Tastes: The Importance of Altruism and Other Nonegoistic Behavior 8. Cognitive Limitations and Consumer Behavior Part3:TheTheoryoftheFirmandMarketStructure 9. Production Appendix: Mathematical Extensions of Production Theory 10. Costs Appendix: Mathematical Extensions of the Theory of Costs 11. Perfect Competition 12. Monopoly 13. Imperfect Competition: A Game-Theoretic Approach Part4:FactorMarkets 14. Labor Appendix: The Economics of Workplace Safety 15. Capital Appendix: A More Detailed Look at Exhaustible Resource Allocation Part5:WelfareEconomics 16. General Equilibrium and Market Efficiency (online only) 17. Externalities, Property Rights, and the Coase Theorem 18. Government NEW International Edition MICROECONOMICS AND BEHAVIOR 7th Edition By Robert H Frank, Cornell University 2008(November2007)/608pages ISBN-13:978-0-07-337573-1/MHID:0-07-337573-X ISBN-13:978-0-07-126349-8/MHID:0-07-126349-7[IE] MICROECONOMICS http://www.mhhe.com/frank7e Robert Frank’s Microeconomics and Behavior covers the essential topics of microeconomics while exploring the relationship between economics analysis and human behavior. The book’s clear narrative appeals to students, and its numerous examples help students develop economic intuition. This book introduces modern topics not often found in intermediate textbooks. Its focus throughout is to develop a student’s capacity to “think like an economist.” neW to tHIs eDItIon Now 4-Color! Graphs and photos pop in the new edition, facilitating student learning and comprehension. Bonus Online Chapter: General Equilibrium and Market Efficiency (previously Chapter 16) has been moved to the Online Learning Center, making the text more concise while still offering professors the option to cover the chapter. Useful Appendixes: These include the utility function approach to the consumer budgeting problem, additional topics in demand theory, additional applications of rational choice theory, search theory, production theory, cost theory, additional models of monopolistic competition, and a more detailed look at exhaustible resource allocation. The inclusion of this material offers instructors unmatched latitude in their choice of technical level and topic coverage. Those who desire to teach a calculus-based course will find comprehensive coverage of optimization theory in the appendices to Chapters 3, 9, By Katz Morgan, University of Nottingham, Michael L Katz, University of California-Berkeley and Harvey S Rosen, Princeton University 2005/650pages ISBN-13:978-0-07-710907-3/MHID:0-07-710907-4 McGraw-Hill UK Title http://www.mcgraw-hill.co.uk/textbooks/morgan Contents Chapter 1: The Market Economy. PartOne:TheHousehold. Chapter 2: Consumer Choice. Chapter 3: Comparative Statics and Demand. Chapter 4: Price Changes and Consumer Welfare. Chapter 5: The Household as Supplier. Chapter 6: Choice under Uncertainty. PartTwo:Thefirm. Chapter 7: The Firm and It’s Goal. Chapter 8: Technology and Production. Chapter 9: Cost. PartThree:TheCompetitiveModel. Chapter 10: The Price-Taking Firm. Chapter 11: Equilibrium in Competitive Markets. Chapter 12: General Equilibrium and Welfare Economics. PartFour:MarketPower. Chapter 13: Monopoly. Chapter 14: More on Price-Making Firms. Chapter 15: Oligopoly and Strategic Behaviour. 34 HED 08 Economics.indd 34 10/4/2007 10:08:25 AM ECONOMICS Managerial Economics Chapter 16: Game Theory. PartFive:MissingMarkets. Chapter 17: Asymmetric Information. Chapter 18: Externalities and Public Goods NEW International Edition International Edition MANAGERIAL ECONOMICS AND BUSINESS STRATEGY 6th Edition MICROECONOMICS 3rd Edition By Michael L Katz, University of California, Berkeley, and Harvey S Rosen, Princeton University 1998/672pages ISBN-13:978-0-256-17176-1/MHID:0-256-17176-9 (OutofPrint) ISBN-13:978-0-07-115354-6/MHID:0-07-115354-3[IE] By Michael Baye, Indiana University-Bloomington 2008(October2007)/672pages ISBN-13:978-0-07-337568-7/MHID:0-07-337568-3 ISBN-13:978-0-07-126320-7/MHID:0-07-126320-9[IE] http://www.mhhe.com/baye6e Baye’s Managerial Economics and Business Strategy remains the best-selling managerial economics textbook. It was the first textbook to provide students with the tools from intermediate microeconomics, game theory, and industrial organization to make sound managerial decisions. Baye is known for his real-world examples, frontier research, inclusion of modern topics not found in other managerial books, as well as balanced coverage of traditional and modern microeconomic tools. The Sixth Edition retains all of these signature features, and it includes a number of new class-tested features. These include enhanced pedagogical features such as learning objectives, new and updated business applications, additional end-of-chapter problems, better prose, and updated data. Additionally, the Time Warner Case, introduced last edition, is strengthened in the Sixth Edition with detailed teaching notes and nine additional end-of-case problems. Contents Chapter 1 The Market Economy. PartITheHousehold: Chapter 2 Consumer Choice. Chapter 3 Comparative Statics and Demand. Chapter 4 Price Changes and Consumer welfare. Chapter 5 The Household as Supplier. Chapter 6 Choice Under Uncertainty. PartIITheFirm: Chapter 7 The Firm and Its Goals. Chapter 8 Technology and Production. Chapter 9 Cost. PartIIITheCompetitiveModel: Chapter 10 The Price-Taking Firm. Chapter 11 Equilibrium in Competitive Markets. Chapter 12 General Equilibrium and Welfare Economics. PartIVMarketPower: Chapter 13 Monopoly. Chapter 14 More on Price-Making Firms. Chapter 15 Oligopoly and Strategic Behavior. Chapter 16 Game Theory. Chapter 17 Asymmetric Information. Chapter 18 Externalities and Public Goods. neW to tHIs eDItIon New learning objectives: Each chapter now begins with clearly identified learning objectives, designed to enhance the learning experience and help implement AACSB’s mandate to demonstrate student learning. New end-of-chapter material: Over 30 new problems and applications were added to the Sixth Edition; new material is included at the end of each chapter set so that existing problem numbers match those in the Sixth Edition, making for an easy transition. Enhanced Time Warner case: Includes a revised introduction and conclusion to the case study, as well as nine new end-of-case problems (called Memos), bringing the total to 14. New detailed teaching notes and solutions to Memos were created for instructors. The case allows students to see the practical utility of managerial economics in shaping business strategy. Expanded teaching notes for additional cases: The IRCD contains 10 additional full-length cases prepared by Michael Baye and Patrick Scholten, complete with newly expanded and improved teaching notes with links to chapter content. Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. Expanded Student OLC: Now includes data for the Time Warner Case Memos, data needed for various end-of-chapter problems, spreadsheet versions of key tables, and spreadsheet macros that students can use to find the optimum price and quantity under a variety of market settings. Visit McGraw-Hill Education Website: www.mheducation.com COMPLIMENTARY COPIES Updated test bank with 100% revised and 10% new problems Fully updated text data and boxed examples Contents Chapter 1: The Fundamentals of Managerial Economics Chapter 2: Market Forces: Demand and Supply Chapter 3: Quantitative Demand Analysis Chapter 4: The Theory of Individual Behavior 35 HED 08 Economics.indd 35 10/4/2007 10:08:25 AM ECONOMICS Chapter 5: The Production Process and Costs Chapter 6: The Organization of the Firm Chapter 7: The Nature of Industry Chapter 8: Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets Chapter 9: Basic Oligopoly Models Chapter 10: Game Theory: Inside Oligopoly Chapter 11: Pricing Strategies for Firms with Market Power Chapter 12: The Economics of Information Chapter 13: Advanced Topics in Business Strategy Chapter 14: A Manager’s Guide to Government in the Marketplace Case Study: Challenges at Time Warner: A Case Study in Business Strategy NEW Chapter 4 Basic estimation techniques PartII:Demandanalysis Chapter 5 Theory of consumer behavior Chapter 6 Elasticity and demand Chapter 7 Demand estimation and forecasting PartIII:Productionandcostanalysis Chapter 8 Production and cost in the short run Chapter 9 Production and cost in the long run Chapter 10 Production and cost estimation / On the website: Special Topic Module 1: Linear programming PartIV:Profit-maximizationinvariousmarketstructures Chapter 11 Managerial decisions in competitive markets Chapter 12 Managerial decisions for firms with market power Chapter 13 Strategic decision making in oligopoly markets PartV:Advancedmanagerialdecisionmaking Chapter 14 Advanced techniques for profit maximization Chapter 15 Decisions under risk and uncertainty On the website: Special Topic Module 2: Investment decisions Appendix: statistical tables Answers to technical problems International Edition MANAGERIAL ECONOMICS 9th Edition International Edition By Christopher R Thomas, University of South Florida and S Charles Maurice (Deceased) MANAGERIAL ECONOMICS AND ORGANIZATIONAL ARCHITECTURE 4th Edition By James Brickley, and Clifford Smith, University of Rochester, and Jerold Zimmerman, University of Rochester 2007(May2006)/704pages ISBN-13:978-0-07-352301-9/MHID:0-07-352301-1 ISBN-13:978-0-07-110633-7/MHID:0-07-110633-2[IE] 2008(March2007)/704pages ISBN-13:978-0-07-340281-9/MHID:0-07-340281-8 ISBN-13:978-0-07-334656-4/MHID:0-07-334656-X (withStudentCD) ISBN-13:978-0-07-126554-6/MHID:0-07-126554-6[IE] ISBN-13:978-0-07-128674-9/MHID:0-07-128674-8 [IEwithStudentCD] http://www.mhhe.com/thomas9 Thomas and Maurice’s Managerial Economics teaches students how to use microeconomic theory to analyze business decisions. In a clear and engaging writing style, Christopher Thomas carries on the tradition he and Charles Maurice shepherded for eight previous editions in the 9th edition. The 9th Edition explores the current market forces that create both opportunities and constraints for business enterprises. The book has enjoyed success in part because of its mid-level of rigor, clarity of presentation, and end-of-chapter material. neW to tHIs eDItIon New Analysis of consumer and producer surplus New chapter on government regulation of business Analysis of advanced pricing techniques now includes a modern treatment of several methods of price discrimination New Student CD contains the FREE Student Workbook (formerly salable), PPT slides of images, Consulting Projects, data files, Illustrations from previous editions, and a tutorial “Review of Derivatives and Optimization.” Thomas continues to author this material. Nearly every chapter is updated to reflect current research and market trends Contents PartI:somepreliminaries Chapter 1 Managers, profits, and markets Chapter 2 Demand, supply, and market equilibrium Chapter 3 Marginal analysis for optimal decision making With two distinct objectives, this text’s approach to managerial economics takes models from recent economics research and applies the research to the internal structure of a firm. After teaching basic applied economics, the authors look inside the firm and apply this analysis to management decision making. Authors Brickley, Smith, and Zimmerman contend that organizational architecture consists of three aspects of corporate organization: the assignment of decision rights within the company; methods of rewarding individuals; the structure of systems to evaluate the performance of both individuals and business units. These three components can be likened to a stool with three legs. If one of the legs is shorter, the stool is out of balance. These three elements must be in balance in the organization as well. Contents Part1:BasicConcepts. Chapter 1 Introduction. Chapter 2 Economist’s View of Behavior. Chapter 3 Markets, Organizations, and the Role of Knowledge. Part 2:ManagerialEconomics. Chapter 4 Demand. Chapter 5 Production and Cost. Chapter 6 Market Structure. Chapter 7 Pricing with Market Power. Chapter 8 Economics of Strategy: Creating and Capturing Value. Chapter 9 Economics of Strategy: Game Theory. Chapter 10 Incentive Conflicts and Contracts. Part3:DesigningOrganizationalArchitecture. Chapter 11 Organizational Architecture. Chapter 12 Decision Rights: The Level of Empowerment. Chapter 13 Decision Rights: Bundling Tasks into Jobs and Subunits. Chapter 14 Attracting and Retaining Qualified Employees. Chapter 15 Incentive Compensation. Chapter 16 Individual Performance Evaluation. Chapter 17 Divisional Performance Evaluation. Capstone Case Study on Organizational Architecture: Arthur An- 36 HED 08 Economics.indd 36 10/4/2007 10:08:25 AM ECONOMICS Environmental Economics derson LLP. Part4:ApplicationsofOrganizationalArchitecture. Chapter 18 Corporate Governance. Chapter 19 Vertical Integration and Outsourcing. Chapter 20 Leadership: Motivating Change within Organizations. Chapter 21 Understanding the Business Environment: The Economics of Regulation. Chapter 22 Ethics and Organizational Architecture. Chapter 23 Organizational Architecture and the Process of Management Innovation International Edition ENVIRONMENTAL ECONOMICS 4th Edition By Barry C. Field, University of Massachusetts-Amherst and Martha K Field, Greenfield Community College 2006/528pages ISBN-13:978-0-07-313751-3/MHID:0-07-313751-0 ISBN-13:978-0-07-125585-1/MHID:0-07-125585-0[IE] THE ECONOMICS OF ORGANIZATIONS AND STRATEGY By Sean Richard, Cranfield 2006(March2006)/512pages ISBN-13:978-0-07-710813-7/MHID:0-07-710813-2 Twenty-one chapters covering Cost and Benefits of Environmental Policy, Environmental Analysis, Policy Analysis, US Policy (Air Pollution, Toxic Wastes, State and Local Issues), and International Environmental Issues. McGraw-Hill UK Title To operate as a successful manager requires an economic way of thinking, in particular a clear focus on efficiency and the working of markets. The Economics of Organizations and Strategy integrates business strategy within an economics framework, to give an economic perspective on areas of business such as organizational behaviour, marketing, finance, human resources and operations management. The book opens with an in-depth treatment of key microeconomic theories and concepts. It then builds on these introductory topics to show how a firm’s external business environment influences and constrains strategy formulation and behaviour, before moving on to analyse the firm as an organization. Drawing on microeconomic theories and concepts, variations in management structures are explained; for example, decision making hierarchies, reward systems and organizational boundaries. Contents Part1:Introduction Chapter 1 ~ Economic Organisations, Games and Strategies Part2:TheFirmandtheCreationofValue Chapter 2 ~ Alternative Approaches to the Firm Chapter 3 ~ Vertical and Virtual Boundaries Chapter 4 ~ Horizontal boundaries and Diversification Chapter 5 ~ Growth and Entrepreneurship Chapter 6 ~ Corporate Control and Organisational Design Chapter 7 ~ Incentives and Human Resource Management Part3:CapturingValuefromtheMarket Chapter 8 ~ Market Structure and the Strategic Environment Chapter 9 ~ Imperfect Competition and Government Intervention Chapter 10 ~ The Dominant Firm and Predation Chapter 11 ~ Price Discrimination and Bundling Chapter 12 ~ Reputation and Vertical Restraints Chapter 13 ~ Product Differentiation and Advertising Chapter 14 ~ Invention, Innovation and Competitive Advantage Contents Section1–Introduction 1 What is Environmental Economics? 2 The Economy and the Environment Section2–AnalyticalTools 3 Benefits and Costs, Supply and Demand 4 Economic Efficiency and Markets 5 The Economics of Environmental Quality Section3–EnvironmentalAnalysis 6 Frameworks of Analysis 7 Benefit-Cost Analysis: Benefits 8 Benefit-Cost Analysis: Costs Section4–EnvironmentalPolicyAnalysis 9 Criteria for Evaluating Environmental Policies 10 Decentralized Policies: Liability Laws, Property Rights, Voluntary Action 11 Command-and-Control Strategies: The Case of Standards 12 Incentive-Based Strategies: Emission Charges and Subsidies 13 Incentive-Based Strategies: Transferable Discharge Permits Section5–EnvironmentalPolicyintheUnitedStates 14 Federal Water Pollution – Control Policy 15 Federal Air Pollution – Control Policy 16 Federal Policy on Toxic and Hazardous Substances 17 State and Local Environmental Issues Section6–InternationalEnvironmentalIssues 18 Comparative Environmental Policies 19 Economic Development and the Environment 20 The Global Environment 21 International Environmental Agreements Appendix: Abbreviations and Acronyms Used in the Book / Name Index / Subject Index 3 HED 08 Economics.indd 37 10/4/2007 10:08:25 AM ECONOMICS Econometrics BUSINESS ENVIRONMENT By Justin Paul 2006(April2006)/520pages ISBN-13:978-0-07-060396-7/MHID:0-07-060396-0 McGraw-Hill India Title An indispensable text for the students of MBA, PGDM, BBA, BBM, M Com and B Com International Edition Contents INVITATION TO PUBLISH PART1:POLITICALECONOMY,DEVELOPMENTECONOMICS, GOVERNMENTANDSOCIETY 1. Economic Systems 2. Economic Growth and Development PARTII:INDIANECONOMYANDBUSINESSENVIRONMENT 3. Anatomy of Indian Economy 4. Globalisation and Business Environment PARTIII:BUSINESSENVIRONMENTINTHEINDUSTRIALSECTOR 5. Industrial Sector – Past, Present and Future 6. Industry Analysis – Textiles, Electronics and Automobiles 7. Industry Analysis – FMCG, Chemicals and Pharmacueticals PARTIV:ECONOMICPOLICIES 8. Privatisation – Problems and Prospects 9. Fiscal Policy, Union Budget and Taxation 10. Monetary Policy and Banking Sector Reforms PARTV:TECHNOLOGYANDBUSINESSENVIRONMENT 11. Technological Environment: Developments in the Banking Sector PARTVI:INVESTMENTENVIRONMENT,OPPORTUNITIESAND INDICATORS:LEGALANDREGULATORYSYSTEMS 12. Capital Market, Stock Exchanges and Present Scenario 13. Legal Environment of Business, Mergers and Acquisitions PART VII: INTERNATIONAL BUSINESS, ENVIRONMENT AND EXTERNALSECTOR 14. WTO, Agreements and Current Issues 15. India’s Trade Policy 16. External Sector – BoP, Currency Convertibility, ADR-GDRs and FEMA PARTVIII:SOCIALENVIRONMENT 17. Social Environment in India and China 18. Corporate governance and Corporate Social Responsibility PARTIX:GLOBALECONOMYANDBUSINESSENVIRONMENT 19. Business Environment in Europe 20. Business Environment in SAARC Countries 21. Business Environment in South America Business Environment in North America McGraw-Hillisinterestedin reviewingmanuscriptfor publication.Pleasecontactyour localMcGraw-Hillofficeoremailto [email protected] ESSENTIALS OF ECONOMETRICS 3rd Edition By Damodar N Gujarati, United States Military Academy West Point 2006/544pages ISBN-13:978-0-07-313594-6/MHID:0-07-313594-1 (withDataDiskCD) ISBN-13:978-0-07-124448-0/MHID:0-07-124448-4 [IEwithDataCD] http://www.mhhe.com/economics/gujaratiess3 This text provides a simple and straightforward introduction to econometrics for the beginner. The author’s intent is to provide the student with a “user friendly,” non-intimidating introduction to econometric theory and techniques. The book motives students to understand econometric techniques through extensive examples, careful explanations, and a wide variety of problem material. The audience is undergraduate economics, agricultural economics, and business administration majors, MBA students and others in the social and behavioral sciences where econometric techniques, especially the techniques of linear regression analysis, are used. Contents Chapter 1 The Nature and Scope of Econometrics PARTIBasicsofProbabilityandStatistics Chapter 2 Review of Statistics I: Probability and Probability Distributions Chapter 3 Characteristics of Probability Distributions Chapter 4 Some Important Probability Distributions Chapter 5 Statistical Inference: Estimation and Hypothesis Testing PARTIITheLinearRegressionModel Chapter 6 Basic Ideas of Linear Regression: The Two-Variable Model Chapter 7 The Two-Variable Model: Hypothesis Testing Chapter 8 Multiple Regression: Estimation and Hypothesis Testing Chapter 9 Functional Forms of Regression Models Chapter 10 Dummy Variable Regression Models Chapter 11 Model Selection: Criteria and Tests PARTIIIRegressionAnalysisInPractice Chapter 12 Multicollinearity: What Happens if Explanatory Variable Are Correlated Chapter 13 Heteroscedasticity: What Happens If The Error Variance Is Nonconstant Chapter 14 Autocorrelation: What Happens If Error Terms Are Correlated PARTIVIntroductiontoSimultaneousEquationModels Chapter 15 Simultaneous Equation Models Chapter 16 Selected Topics in Single Equation Regression Models Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 3 HED 08 Economics.indd 38 10/4/2007 10:08:26 AM ECONOMICS 7. Multiple Regression Analysis: The Problem of Estimation. 8. Multiple Regression Analysis: The Problem of Inference. 9. Regression on Dummy variables. 10. Multicollinearity: What happens if the Regressor are correlated. 11. Heteroscedasticity. 12. Autocorrelation. 13. Econometric Modeling I: Traditional Econometric Methodology. 14. Econometric Modeling II: Alternative Econometric Methodologies. 15. Regression on Dummy Dependent Variable: The LPM, Probit, and Tobit Models 16. Nominal Ordinal and other Limited Dependent Variable regression models. 17. Dynamic Econometric Model: Autoregressive and Distributed Lag Models. 18. Simultaneous-Equation Models. 19. The Identification Problem. 20. Simultaneous-Equation Methods. 21. Time Series Econometrics I: Stationarity, Unit Roots, and Cointegration. 22. Time Series Econometrics II: ARIMA and VAR Models. 23. Non-linear in the Parameter Regression Models 24. Panel Data Regression Models Appendixes A. A Review of Some Statistical Concepts B. Rudiments of Matrix Algebra C. Linear Regression Model in Matrix Notation D. Statistical Tables Selected Bibliography Indexes: Name Index / Subject Index International Edition ECONOMETRICS By Stephen Schmidt, Union College 2005(March2004)/524pages ISBN-13:978-0-07-298316-6/MHID:0-07-298316-7 (withDataCD)-Outofprint ISBN-13:978-0-07-320030-9/MHID:0-07-320030-1 (Revised,withDataCD)-OutofPrint ISBN-13:978-0-07-111396-0/MHID:0-07-111396-7 [IEwithDataCD] ISBN-13:978-0-07-110541-5/MHID:0-07-110541-7 [IEwithDataCD,Revised] http://www.mhhe.com/economics/schmidt1 Contents Part1:EconometricAnalysis Chapter 1 Introduction Chapter 2 Designing an econometric project Part2:ProbabilityandStatistics Chapter 3 Random variables Chapter 4 Estimation Chapter 5 Hypothesis testing Part3:LinearRegression Chapter 6 Least Squares Regression Chapter 7 Properties of the least squares estimator Chapter 8 Multivariate regression Part4:TopicsinLinearRegression Chapter 9 Selecting a Functional Form Chapter 10 Determining the econometric specification Chapter 11 Instability of the regression equation Part5:ViolationsoftheRegressionModel Chapter 12 Autocorrelation Chapter 13 Heteroskedasticity Chapter 14 Estimating multiple equations Part6:AdvancedTopics Chapter 15 Endogenous variables Chapter 16 Forecasting Chapter 17 Time series analysis Chapter 18 Nonlinear models Chapter 19 Dummy dependent variables Chapter 20 General discrete choice models SCHAUM’S OUTLINE OF STATISTICS AND ECONOMETRICS 2nd Edition By Dominick Salvatore and Derrick Reagle of Fordham University 2002/256pages ISBN-13:978-0-07-134852-2/MHID:0-07-134852-2 A Schaum’s Publication Contents International Edition BASIC ECONOMETRICS 4th Edition By Damodar N Gujarati, United States Military Academy West Point 2003 ISBN-13:978-0-07-247852-5/MHID:0-07-247852-7 (withDataDisk,MandatoryPacakge) ISBN-13:978-0-07-123017-9/MHID:0-07-123017-3 [IEwithCD] http://www.mhhe.com/economics/gujarati4 Contents 1. The Nature of Regression Analysis. 2. Two-Variable Regression Analysis: Some Basic Ideas. 3. Two Variable Regression Model: The Problem of Estimation. 4. The Normality Assumption: Classical Normal Linear Regression Model. 5. Two-Variable Regression: Interval Estimation and Hypothesis Testing. 6. Extensions of the Two-Variable Linear Regression Model. Introduction. Descriptive Statistics. Probability and Probability Distributions. Statistics Inference: Estimation. Statistical Inference: Testing Hypothesis. Statistics Examination. Simple Regression Analysis. Multiple Regression Analysis. Problems in Regression Analysis. Further Techniques and Applications in Regression Analysis. Simultaneous-Equations Methods. Time Series Econometrics. Statistics Examination. Bionomial Distribution. Poisson Distribution. Standard Normal Distribution. Table of Random Numbers. Student t Distribution. Chi-Square Distribution. F Distribution. Durbin-Watson Statistics. Critical Values of Runs in the Run Tests. 39 HED 08 Economics.indd 39 10/4/2007 10:08:26 AM ECONOMICS Mathematical Economics International Edition ECONOMETRIC MODELS AND ECONOMIC FORECASTS 4th Edition By Robert S Pindyck, Massachusetts Institute of Technology and Daniel L Rubinfeld, University of California, Berkeley 1998 ISBN-13:978-0-07-913292-5/MHID:0-07-913292-8 ISBN-13:978-0-07-115836-7/MHID:0-07-115836-7[IE] NEW MATHEMATICS FOR ECONOMICS Contents The Basics of Regression Analysis: Chapter 1. Introduction to the Regression Model. Chapter 2. Elementary Statistics. Chapter 3. The Two-Variable Regression Model. Chapter 4. The Multiple Regression Model. Chapter 5. Using the Multiple Regression Model. Chapter 6. Serial Correlation and Heterosedasticity. Chapter 7. Instrumental Variables and Model Specification. Chapter 8. Forecasting with a Single-Equation Regression Model. Chapter 9. Single-Equation Estimation. Chapter 10. Nonlinear and Maximum-Likelihood Estimation. By Rebecca Taylor, Nottingham Trent University 2008(March2008)/512pages ISBN-13:978-0-07-710786-4/MHID:0-07-710786-1 McGraw-Hill UK Title Mathematics for Economics is a text that focuses specifically on encouraging and motivating students to learn through the use of learning tools (student notes, real world examples), teaching aids (seminar activities, teaching tips) and a recognition of different student learning styles. International Edition Contents ECONOMETRIC METHODS 4th Edition Chapter 1 ~ Mathematical Review Chapter 2 ~ Linear Equations Chapter 3 ~ Linear Equations--Further Topics Chapter 4 ~ Linear Programming Chapter 5 ~ Finance & Growth Chapter 6 ~ Non-Linear Equations Chapter 7 ~ Differentiation Chapter 8 ~ Partial Differentiation Chapter 9 ~ Integration Chapter 10 ~ Matrices By John Johnston, University of California, Irvine and John DiNardo, Massachusetts Institute of Technology 1997/480pages ISBN-13:978-0-07-913121-8/MHID:0-07-913121-2 (with3.5”disk)-(OutofPrint) ISBN-13:978-0-07-115342-3/MHID:0-07-115342-X [IEwith3.5”Disk] ISBN-13:978-0-07-125964-4/MHID:0-07-125964-3 [IEwithCD] Contents 1 Relationships Between Two Variables 2 Further Aspects of Two Variable Relationships 3 The k-Variable Linear Equation 4 Some Tests of the k-Variable Linear Equation for Specification Error 5 Maximum Likelihood (ML), Generalized Least Squares (GLS), and Instrumental Variable (IV) Estimators 6 Heteroscedasticity and Autocorrelation 7 Single Equation Modeling I: The Univariate Case 8 Single Equation Modeling II: The Multivariate Case 9 Multiple Equation Models 10 Generalized Method of Moments 11 A Smorgasbord of Computationally Intensive Methods 12 Limited Dependent Variable and Related Models 13 Panel Data SCHAUM’S EASY OUTLINE OF INTRODUCTION TO MATHEMATICAL ECONOMICS By Edward T Dowling, Fordham University 2006/160pages ISBN-13:978-0-07-145534-3/MHID:0-07-145534-5 A Schaum’s Publication When you are looking for a quick nuts-and-bolts overview, there’s no series that does it better. Schaum’s Easy Outline of Introduction to Mathematical Economics is a pared-down, simplified, and tightly focused version of its predecessor. Designed to appeal to underprepared students and readers turned off by dense text Cartoons, sidebars, icons, and other graphic pointers get the material across fast Concise text focuses on the essence of the subject Delivers expert help from teachers who are authorities in their fields Perfect for last-minute test preparation 40 HED 08 Economics.indd 40 10/4/2007 10:08:26 AM ECONOMICS Special Determinants and Matrices and Their Use in Economics. Comparative Statics and Concave Programming. Integral Calculus: The Indefinite Integral. Integral Calculus: The Definite Integral. First-Order Differential Equations. First Order Difference Equations. Second-Order Differential Equations and Difference Equations. Simultaneous Differential and Difference Equations. The Calculus of Variations. Optimal Control Theory. International Edition FUNDAMENTAL METHODS OF MATHEMATICAL ECONOMICS 4th Edition By Alpha C Chiang, University of Connecticut and Kevin Wainwright, Simon Fraser University 2005/696pages ISBN-13:978-0-07-010910-0/MHID:0-07-010910-9 ISBN-13:978-0-07-123823-6/MHID:0-07-123823-9[IE] http://www.mhhe.com/www.mhhe.com/economics/chiang4e Contents PART1Introduction Chapter 1: The Nature of Mathematical Economics Chapter 2: Economic Models PART2Static(orEquilibrium)Analysis Chapter 3: Equilibrium Analysis in Economics Chapter 4: Linear Models and Matrix Algebra Chapter 5: Linear Models and Matrix Algebra (continued) PART3Comparative-StaticAnalysis Chapter 6: Comparative Statics and the Concept of the Derivative Chapter 7: Rules of Differentiation and their use in Comparative Statics Chapter 8: Comparative-Static Analysis of General-Function Models PART4OptimizationProblems Chapter 9: Optimization: A Special Variety of Equilibrium Analysis Chapter 10: Exponential and Logarithmic Functions Chapter 11: The Case of More Than One Choice Variable Chapter 12: Optimization with Equality Constraints NEW Chapter 13: Further Topics in Optimization (includes Envelope Theorem and Duality PART5DynamicAnalysis Chapter 14 Economic Analysis and Integral Calculus Chapter 15 Continuous Time: First Order Differential Equations Chapter 16 Higher-Order Differential Equations Chapter 17 DiscreteTime: First Order Difference Equations Chapter 18 Higher Order Difference Equations Chapter 19 Simultaneous Differential Equations and Difference Equations NEW Chapter 20: Introduction to Optimal Control Theory International Edition THE STRUCTURE OF ECONOMICS A Mathematical Analysis, 3rd Edition By Eugene Silberberg, University of Washington and Wing Suen 2001/688pages ISBN-13:978-0-07-234352-6/MHID:0-07-234352-4 (OutofPrint) ISBN-13:978-0-07-118136-5/MHID:0-07-118136-9[IE] Contents 1. Comparative Statics and the Paradigm of Economics 2. Review of Calculus (One Variable) 3. Functions of Several Variables 4. Profit Maximization 5. Matrices and Determinants 6. Comparative Statics: The Traditional Methodology 7. The Envelope Theorem and Duality 8. The Derivation of Cost functions 9. Cost and Production Functions: Special Topics 10. The Derivation of Consumer Demand Functions 11. Special topics in Consumer Theory 12. Intertemporal Choice 13. Behavior under Uncertainty 14. Maximization with Inequality and Nonnegativity Constraints 15. Contracts and Incentives 16. Markets with Imperfect Information 17. General Equilibrium I: Linear Models 18. General Equilibrium II: Nonlinear Models 19. Welfare Economics 20. Resource Allocation over Time: Optimal Control theory International Edition SCHAUM’S OUTLINE OF INTRODUCTION TO MATHEMATICAL ECONOMICS 3rd Edition By Edward T. Dowling, Fordham University 2001/523pages ISBN-13:978-0-07-135896-5/MHID:0-07-135896-X ISBN-13:978-0-07-118871-5/MHID:0-07-118871-1[IE] Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. A Schaum’s Publication Contents Review. Economic Applications of Graphs and Equations. The Derivative and the Rules of Differentiation. Uses of the Derivative in Mathematics and Economics. Calculus of Multivariable Functions. Caculus of Multivariable Functions in Economics. Exponential and Logarithmic Functions in Economics. Differentiation of Exponential and Logarithmic Functions. The Fundamentals of Linear (or Matrix) Algebra. Matrix Inversion. Visit McGraw-Hill Education Website: www.mheducation.com COMPLIMENTARY COPIES 41 HED 08 Economics.indd 41 10/4/2007 10:08:26 AM ECONOMICS Money and Banking Committee now reflects the change from Chairman Alan Greenspan to Chairman Ben S. Bernanke. This includes a revised discussion of the procedures at the FOMC meeting, which were changed by the new chairman. NEW MONEY, BANKING AND FINANCIAL MARKETS 2nd Edition By Stephen G Cecchetti, Brandeis University 2008(August2007)/704pages ISBN-13:978-0-07-352309-5/MHID:0-07-352309-7 http://www.mhhe.com/cecchetti2e Cecchetti’s Money, Banking, and Financial Markets, 2e offers a fresh, modern, and more student-friendly approach to the subject. Students will find the material more relevant and interesting because of the book’s unique emphasis on the Five Core Principles, the early introduction of risk, and an integrated global perspective. Cecchetti is THE money and banking book for today’s students. By focusing on the big picture via core principles, Cecchetti teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students’ knowledge will not be out of date. The author draws on his vast experience, which includes: VP at the Federal Reserve Bank of New York, publishing in and editing various journals, consulting for the European Central Bank, the Bank of England, the Bank of Israel, and the Reserve Bank of Australia, as well as his years of teaching at various schools including Ohio State, Brandeis, Princeton, and Oxford University. ExpandedGlobalPerspective Cecchetti 2e expands the integrated global perspective with a new series of features on China and India including the Chinese Stock Market, the Chinese Banking System, the balance sheet of the People’s Bank of China, the Chinese Exchange Rate System and Growth and Banking in China and India. Cecchetti 2e also introduces students to increasingly important aspects of the international financial systems, such as: Islamic Banking, Microfinance, and the relationship of collateral and property rights in less developed countries. ClearandFlexibleMonetaryPolicy Cecchetti 2e clarifies the section on Monetary Policy making it simpler for students and more flexible for instructors. Chapter 21 introduces the full macroeconomic model, including the dynamic aggregate demand curve and the aggregate supply curve, and Chapter 22 is now presented as a series of stand-alone applications of the model, ordered in increasing complexity. ImprovedEndofChapterMaterial Each chapter now has 18 problems, ten conceptual and eightanalytical. Conceptual problems help students explore the abstract and more theoretical aspects of the chapter material, while Analytical problems ask students to do computations and use the models they have learned. Thereare4moredifficult,“starred,”problemsattheendof eachchapter,2ineachofthegroups. CurrentCoverageoftheFed The discussion of the Federal Reserve and the Federal Open Market StrongPedagogyinEachChapter In addition to the Your Financial World pieces in the text (described above), each chapter includes many features to help the student connect to the subject matter, including: Applying the Concept: Drawn from history and relevant public policy debates, these sections show how to put theory into practice and provide real-world examples of the ideas introduced in the chapter. In the News: Each chapter concludes with an article from the major business press (Wall Street Journal, New York Times, Financial Times, and the Economist) that provides practice in reading the financial news and helps students connect textbook topics play out in the real world. Articles are followed by a brief summary that points out the lessons meant to be gleaned from the piece. Tools of the Trade: Inserted where appropriate to relate practical knowledge relevant to the chapter, or provide brief reviews of basic economics necessary for understanding something in the chapter. FeAtURes FiveCorePrinciples Cecchetti uses five core principles as the basis for understanding concepts. These principles enable students to focus on the big picture, and therefore learn the rationale for financial rules and institutional structure. Because students aren’t overwhelmed by minute details, they are able to retain and apply the most important concepts. These five core principles are: time has value; risk requires compensation; information is the basis for decisions; markets set prices and allocate resources; and stability improves welfare. neW to tHIs eDItIon TimelyandRelevantNews Articles included in each chapter examine changes in technology, like the use of mobile phones to make payments; the move away from monetary aggregates by the vast majority of the world’s central banks; a series of articles on the challenges facing the Federal Reserve policymakers. LastingEducation By focusing on the big picture via core principles, students learn the rationale for financial rules and institutional structure. So when the system evolves, their knowledge doesn’t immediately get out of date. Rather, they can evaluate and understand any changes that develop. Students will be able to understand what they read in the business press for years to come, regardless of the field in which the student ultimately works. Student-Friendly Cecchetti helps students grasp concepts more quickly and less painfully by eliminating more arcane concepts and unnecessary math. Real-world examples that students can relate to are drawn from the business and financial world events to illustrate the rationale behind theory, formulas, and regulations. GlobalPerspective Cecchetti represents how the world works more realistically than other books, including a parallel discussion of the world’s two most important banks—the Federal Reserve Bank and the European Central Bank (ECB). And unlike most other books, global issues are not segregated in one chapter, but found throughout all chapters. Students will grasp just how integrated the world economy has become. FullCoverageoftheEuropeanCentralBank More comprehensive and up-to-date information regarding the ECB than any other text. EarlyIntroductionofRisk Cecchetti introduces the concept of risk early and then makes it a central focus throughout the book. Students see how risk is central to understanding the entire financial system. FinancialInstrumentsareStronglyEmphasizedtodescribe alltypesoffinancialarrangements. 42 HED 08 Economics.indd 42 10/4/2007 10:08:27 AM ECONOMICS Cecchetti contains separate chapters for bonds, stocks, and derivatives. Topics relating to bonds are a cornerstone of the course, and are assigned by virtually everyone who teaches the class. Stocks and derivatives are of growing importance and are of great interest to students, but there is more variance in how different courses emphasize these topics. Having separate chapters allows instructors maximum flexibility: Those with shorter courses can easily opt to skip certain topics, while others can go into as much detail as they’d like. YourFinancialWorld Cecchetti includes special sections called Your Financial World that demonstrate the relevance of the material by exploring related personal-finance topics. For instance, the chapter on Understanding Risk includes a Your Financial World on choosing the right amount of car insurance, while the chapter on foreign exchange explores whether it is wise for students to invest in gold. Additionally, the chapter covering bonds and the determination of interest rates relates this material to the student via the topic of interest-only mortgages. These vignettes are examples that students can understand and helps keep them motivated and interested in the course material because they can relate it to their own lives. Determination PartIII.FinancialInstitutions Chapter 11. The Economics of Financial Intermediation Chapter 12. Depository Institutions: Banks and Bank Management Chapter 13. Financial Industry Structure Chapter 14. Regulating the Financial System PartIV.CentralBanks,MonetaryPolicy,andFinancialStability Chapter 15. Central Banks in the World Today Chapter 16. The Structure of Central Banks: The U.S. Federal Reserve and the European Central Bank Chapter 17. The Central Bank Balance Sheet and the Money Supply Process Chapter 18. Monetary Policy: Using Interest Rates to Stabilize the Domestic Economy Chapter 19. Exchange-Rate Policy and the Central Bank Appendix 19: What You Really Need to Know about the Balance of Payments PartV.ModernMonetaryEconomics Chapter 20. Money Growth, Money Demand, and Monetary Policy Chapter 21. Monetary Policy and Aggregate Demand Chapter 22. Understanding Business Cycles Chapter 23. Monetary Policy, Output, and Inflation in the Short Run Glossary / Index International Edition MONEY, BANKING AND FINANCIAL MARKETS International Economics By Stephen G. Cecchetti 2006(January2005)/704pages ISBN-13:978-0-07-245269-3/MHID:0-07-245269-2 ISBN-13:978-0-07-111565-0/MHID:0-07-111565-X[IE] http://www.mhhe.com/economics/cecchetti Stephen Cecchetti’s new text on Money and Banking offers a fresh, more modern, and more student-friendly approach to the subject. The author has drawn on his vast experience as Vice President at the Federal Reserve Bank of New York, publishing in and editing various journals, and consulting for the European Central Bank, the Bank of England, the Bank of Israel, and the Reserve Bank of Australia as well as his years of teaching at various schools including Ohio State, Brandeis, Princeton, and Oxford University. Students will find the material more relevant and interesting because of the book’s unique emphasis on the Five Core Principles, the early introduction of risk, and an integrated global perspective. Cecchetti is THE money and banking book for today’s students; by focusing on the big picture via core principles, Cecchetti teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students’ knowledge will not be out of date. NEW INTERNATIONAL ECONOMICS 6th Edition By Dennis R Appleyard, Davidson College, Alfred J Field, University of NC-Chapel Hill and Steven Cobb, University of North Texas 2008(October2007)/800pages ISBN-13:978-0-07-337567-0/MHID:0-07-337567-5 Contents Money, Banking, and Financial Markets Brief Contents PartI.MoneyandtheFinancialSystem Chapter 1. An Introduction to Money and the Financial System Chapter 2. Money and the Payments System Chapter 3. Financial Instruments, Financial Markets, and Financial Institutions Part II. Interest Rates, Financial Instruments, and Financial Markets Chapter 4. Future Value, Present Value and Interest Rates Appendix 4: The Algebra of Present-Value Formulas Chapter 5. Understanding Risk Appendix 5A: A Quick Test to Measure Your Risk Tolerance Appendix 5B: The Mathematics of Diversification Chapter 6. Bonds, Bond Prices and the Determination of Interest Rates Chapter 7. The Risk and Term Structure of Interest Rates Chapter 8. Stocks, Stock Markets and Market Efficiency Chapter 9. Derivatives: Futures, Options and Swaps Chapter 10. Foreign Exchange Appendix 10: Interest Rate-Parity and Short-Run Exchange Rate http://www.mhhe.com/appleyard6e Appleyard, Field, and Cobb’s International Economics, 6th Edition is an International Economics textbook that offers a consistent level of analysis and treatment of the two main subdivisions of international economics- international trade theory and policy and international monetary theory and policy. Comprehensive and clear, the text helps students move beyond recognition toward an understanding of current and future international events. As with each prior edition, the authors provide current and timely information on the wide variety of international economic phenomena in the 6th Edition. New boxed items were added to cover emerging issues in the global economy. Chapter material was updated to include recent developments in U.S. trade policy, major changes in the European Union, progress in the transition from command to market economies, and special issues related to developing nations. These improvements are designed to help readers both understand and appreciate the growing importance of the global economy in their lives. 43 HED 08 Economics.indd 43 10/4/2007 10:08:27 AM ECONOMICS neW to tHIs eDItIon International Edition NEW Learning Objectives: Every chapter begins with a set of explicit learning objectives to help students focus on key concepts. The learning objectives can also be useful to instructors in selecting material to cover in their respective classes. INTERNATIONAL ECONOMICS 13th Edition NEW organization of pedagogical boxes: Chapter pedagogy was updated, renamed and reorganized to allow for better instructor and student ease of use. The pedagogy is now as follows: 1) “In the Real Wold” boxes, which provide examples of current international issues and developments drawn from the headlines; 2) “Concept” boxes contain further elaboration or graphical representation for particularly critical concepts; 3) “Titans of International Economics” boxes feature cases where prominent figures in the field are profiled with biographical information. http://www.mhhe.com/economics/pugel13 By Thomas Pugel, New York University 2007(May2006)/800pages ISBN-13:978-0-07-352302-6/MHID:0-07-352302-X ISBN-13:978-0-07-125977-4/MHID:0-07-125977-5[IE] Updated Chapter Opening Vignettes: This feature was met with positive feedback after it was introduced last edition; as a result, they were updated in order to focus on the material’s real world applicability. This classic text has sold well for a half century because it covers all the conventional areas of international economics in an easy-tounderstand manner. The 13th edition continues to provide the best blend of events and analysis, so that readers can build their abilities to understand global economic developments and to evaluate proposals for changes in economic policies. The book is informed by current events and by the latest in applied international research. It combines rigorous economic analysis with attention to the issues of economic policy that are alive and important today. This concise and readable text uses economic terminology when it enhances the analysis, but avoids jargon for jargon’s sake. Like earlier editions, it also places international economics events within a historical framework. The overall treatment continues to be intuitive rather than mathematical and is strongly oriented towards policy. Contents Contents INTRODUCTION 1. The World of International Economics PARTI 2. Early Trade Theories: Mercantilism and the Transition to the Classical World of David Ricardo 3. The Classical World of David Ricardo and Comparative Advantage 4. Extensions and Tests of the Classical Model of Trade PARTII 5. Introduction to Neoclassical Trade Theory: Tools to Be Employed 6. Gains from Trade in Neoclassical Theory 7. Offer Curves and the Terms of Trade 8. The Basis for Trade: Factor Endowments and the HeckscherOhlin Model 9. Empirical Tests of the Factor Endowments Approach PARTIII 10. Post Heckscher-Ohlin Theories of Trade and Intra-Industry Trade 11. Economic Growth and International Trade 12. International Factor Movements PARTIV 13. The Instruments of Trade Policy 14. The Impact of Trade Policies 15. Arguments for Interventionist Trade Policies 16. Political Economy and Recent U.S. Trade Policy 17. Economic Integration 18. International Trade and the Developing Countries PARTV 19. The Balance of Payments Accounts 20. The Foreign Exchange Market 21. International Financial Markets and Instruments: An Introduction 22. The Monetary and Portfolio Balance Approaches to External Balance 23. Price Adjustments and Balance of Payments Disequilibrium 24. National Income and the Current Account PARTVI 25. Economic Policy in the Open Economy: Fixed Exchange Rates 26. Economic Policy in the Open Economy: Flexible Exchange Rates 27. Prices and Output in the Open Economy: Aggregate Supply and Demand PARTVII 28. Fixed or Flexible Exchange Rates? 29. The International Monetary System: Past, Present, and Future 1. International Economics Is Different. PartI:TheTheoryofInternationalTrade. 2. The Basic Theory Using Demand and Supply. 3. Why Everybody Trades: Comparative Advantage and Factor Proportions. 4. Who Gains and Who Loses from Trade? 5. Alternative Theories of Trade. 6. Growth and Trade. PartII:TradePolicy. 7. The Basic Analysis of Tariffs. 8. Nontariff Barriers to Imports. 9. Arguments For and Against Protection. 10. Pushing Exports. 11. Trade Blocs and Trade Blocks. 12. Trade and the Environment. 13. Trade Policies for Developing and Transition Countries. 14. Multinationals and Migration: International Factor Movements. PartIII:UnderstandingForeignExchange. 15: Payments Among Nations. 16. The Foreign Exchange Market. 17. Forward Exchange and International Financial Investment. 18. What Determines Exchange Rates. 19. Government Policies Toward the Foreign Exchange Market. 20. International Lending and Financial Crises. PartIV:MacroPoliciesforOpenEconomies. 21. How Does the Open Macroeconomy Work? 22. Internal and External Balance with Fixed Exchange Rates. 23. Floating Exchange Rates and Internal Balance. 24. National and Global Choices: Floating Rates and the Alternatives. Appendix A: Where the International Information Is. Appendix B: Deriving Production-Possibilities Curves. Appendix C: Offer Curves. Appendix D: The Nationally Optimal Tariff. Appendix E: Many Parities at Once. Appendix F: Aggregate Demand and Aggregate Supply in the Open Economy. Appendix G: Devaluation and the Current Account Updated important topics of discussion: Includes recent developments in U.S. trade policy, major changes in the European Union, progress in the transition from command to market economies, and special issues related to developing nations. 44 HED 08 Economics.indd 44 10/4/2007 10:08:27 AM ECONOMICS INTERNATIONAL ECONOMICS 4th Edition By Francis Cherunilam, Cochin University of Science and Technology 2005(December2005) ISBN-13:978-0-07-059942-0/MHID:0-07-059942-4 McGraw-Hill India Title Contents Part 1: INTERNATIONAL ECONOMICS AND THE GLOBAL ECONOMY 1. Introduction 2.International Economic Gap and NIEO 3. Global Trade 4. Globalisation Part2:BASESOFTRADEANDDEVELOPMENT 5. Analytical Tools 6. Theories of International Trade 7. Gains from trade and Terms of Trade 8 Economic Growth and Trade Part3:TRADEPOLPCIESANDISSUES 9. Trade Strategy 10. Trade Barriers 11. International Cartels, Commodity Agreements and State Trading 12. Social Issues in Trade Part4:ECONOMICINTEGRATIONANDCOOPERATION 13. Economic Integration 14. South-South Cooperation Part5:INTERNATIONALMONETARYECONOMICS 15. Balance of Payments 16. Policies for Internal and External balance 17. International Monetary System 18. Foreign Exchange 19. International Liquidity and Reserves 20. International Banking and Eurocurrency Market Part6:INTERNATIONALFACTORMOBILITY 21. International Capital Flows 22. Multinational Corporations 23. Transfer of Technology 24. Official Development Assistance 25. International Debt 26. International Migration Part7:INTERNATIONALECONOMICORGANISATIONS 27. IMF and Development Organisations 28. World Trade Organisation Part8:TRDEPOLICYANDPERFORMANCEOFINDIA 29. Trade Regulation and Promotion 30. Trade and BOP of India Chapter 7: Why Do Countries Restrict Foreign Trade? Chapter 8: Trade Policy: Past Present and Future Chapter 9: Trade Discrimination: Free Trade Areas and Anti-Dumping Protection Chapter 10: The Economics of International Investment Chapter 11: The Many Forms of International Investment Chapter 12: The Foreign Exchange Market Chapter 13: Economics Policy in and Open Economy Chapter 14: The Evolution of the International Financial System Chapter 15: The International Migration of People Chapter 16: Immigration Policy Chapter 17: The Future Path of Globalization SCHAUM’S OUTLINE OF INTERNATIONAL ECONOMICS 4th Edition By Dominick Salvatore, Fordham University—Bronx 1996/288pages ISBN-13:978-0-07-054950-0/MHID:0-07-054950-8 A Schaum’s Publication Outstanding for its easy-to-understand explanations of international economics, this guide covers all course fundamentals and supplements any class text. It takes students through the solution of hundreds of problems dealing with demand and supply in trade, the foreign exchange markets, flexible and fixed exchange rates and much more. Also includes practice midterm and final exams. History of Economic Thought International Edition A HISTORY OF ECONOMIC THEORY AND METHOD 4th Edition By Robert B. Ekelund, Jr., Auburn University and Robert F. Herbert, Auburn University 1997/688pages ISBN-13:978-0-07-021327-2/MHID:0-07-021327-5 (OutofPrint) ISBN-13:978-0-07-114282-3/MHID:0-07-114282-7[IE] International Edition INTERNATIONAL ECONOMICS By Hendrik Van Den Berg, University of Nebraska—Lincoln 2004/672pages ISBN-13:978-0-07-239796-3/MHID:0-07-239796-9 (OutofPrint) ISBN-13:978-0-07-121517-6/MHID:0-07-121517-4[IE] Contents Part I: Introduction and Early Beginnings. Part II: The Classical Period. Part III: Reactions and Alternatives to Classical Theory in the Nineteenth Century. Part IV: Microeconomics in Europe and England. Part V: Twentieth-Century Paradigms. http://www.mhhe.com/economics/vandenberg/international Contents Chapter 1: International Economics and the Global Economy Chapter 2: The Open Economy Chapter 3: The Gains from Trade: A Partial Equilibrium View Chapter 4: Why Nations Trade: A Partial Equilibrium View Chapter 5: International Trade and Economic Growth Chapter 6: Protectionism: How Nations Restrict Trade 45 HED 08 Economics.indd 45 10/4/2007 10:08:27 AM ECONOMICS Labor Economics of Labor 7 Alternative Pay Schemes and Labor Efficiency 8 The Wage Structure 9 Mobility, Migration, and Efficiency 10 Labor Unions and Collective Bargaining 11 The Economic Impact of Unions 12 Government and the Labor Market: Employment, Expenditures, and Taxation 13 Government and the Labor market: Legislation and Regulation 14 Labor Market Discrimination 15 Job Search: External and Internal 16 The Distribution of Personal Earnings 17 Labor Productivity: Wages, Prices, and Employment 18 Employment and Unemployment Appendix / Glossary / Answers to “Your Turn” Questions / Index NEW CONTEMPORARY LABOR ECONOMICS 8th Edition By Campbell R McConnell, University of Nebraska--Lincoln, Stanley L Brue, Pacific Lutheran University and David Macpherson, Florida State University-Tallahassee NEW 2008(October2007)/640pages ISBN-13:978-0-07-351132-0/MHID:0-07-351132-3 International Edition http://www.mhhe.com/mcconnellCLE8e Contemporary Labor Economics, 8e presents the “new” labor economics. In the past, study of labor was highly descriptive, emphasizing historical developments, facts, institutions, and legal considerations. Labor markets and unemployment was given some attention, but the analysis was typically minimal. This state of affairs has changed significantly in recent decades. Economists have achieved important breakthroughs in studying labor markets and problems. Labor economics is increasingly an applied field of micro and macro theory and has become a critical part of the core of analytical economics. As a result, the focus of the text is on the “new” labor economics. However, it also presents traditional topics such as labor law, structure of unions, and collective bargaining since these issues also play an important role in labor markets. In the Eighth Edition, the authors deliver new and updated discussions of public policy issues. Additionally, the text’s integrated focus on global aspects of U.S. labor markets has continued and been expanded with this edition. neW to tHIs eDItIon The Eighth Edition was updated in many dimensions: all of the data in the text has been updated; updated references to the professional literature; new Internet links and exercises; and updated PowerPoint slides. New discussion of public policy issues include: illegal aliens (chapter 9), human trafficking (chapter 9), union bargaining power (chapter 11), private military companies (chapter 12), the gender wage gap (chapter 14), unemployment benefits (chapter 18), and participant direction in pension plans (chapter 7). Continuing and expanded emphasis on global aspects of U.S. labor markets include: new World of Work boxes on human trafficking (Chapter 9), illegal aliens (Chapter 9), and the Danish flexicurity labor market model (Chapter 18). These new World of Work boxes join existing discussions of comparative advantage and international trade (Chapter 5), outsourcing (Chapter 5), trade liberalization and labor standards (Chapter 6), NAFTA (Chapter 6), international pay differences (Chapter 8), international differences in the gender pay gap (Chapter 14), and cross-country differences in intergenerational earnings mobility (Chapter 16). Also, each chapter includes Global Perspectives boxes that provide international comparisons in various topics. Contents 1 Labor Economics: Introduction and Overview 2 The Theory of Individual Labor Supply 3 Population, Participation Rates, and Hours of Work 4 Labor Quality: Investing in Human Capital 5 The Demand for Labor 6 Wage Determination and the Allocation LABOR ECONOMICS 4th Edition By George J Borjas, Harvard University-Cambridge 2008(March2007)/544pages ISBN-13:978-0-07-340282-6/MHID:0-07-340282-6 ISBN-13:978-0-07-110142-4/MHID:0-07-110142-X[IE] http://www.mhhe.com/economics/borjas4 George Borjas’ well-received text blends coverage of traditional topics with modern theory and developments into a superb Labor Economics book. The Fourth Edition builds on the features and concepts that made the first three editions successful, updating and adding new content to keep the text on the cusp of recent events in the Labor Economics field. In addition, 4/e offers greater instructor support with a significant number of new end-of-chapter problems and a new test bank. Labor Economics continues to be the most concise book available on the subject, but despite its brevity, instructors will find that all key topics are covered. Borjas’ integration of theory with facts and coverage of latest research make his book one of the most popular at the middle and upper end of the market. The text stresses the ideas that labor economists use to understand how the labor market works. neW to tHIs eDItIon New policy applications and detailed descriptions of state-ofthe-art research studies Up-to-date end-of-chapter problems; a significant number of new problems were added to each chapter A test bank is available to instructors for the first time; includes 30 multiple choice questions per chapter New examples and applications that involve labor markets or policy shifts outside the United States New discussion on the impact of growth in Internet job search activities by both firms and workers A thorough rewriting and reorganization of the material on immigration The discussion on intergenerational mobility now includes a new 46 HED 08 Economics.indd 46 10/4/2007 10:08:28 AM ECONOMICS section on the social mobility experienced by immigrant households in the United States. Updated discussion of changes in the U.S. wage structure. New analysis of the impact of welfare reform legislation on labor supply. New section discussing the experimental approach that some recent studies have used to measure the amount of discrimination in the labor market. Contents Chapter 1 Introduction to Labor Economics Chapter 2 Labor Supply Chapter 3 Topics in Labor Supply Chapter 4 Labor Demand Chapter 5 Labor Market Equilibrium Chapter 6 Compensating Wage Differentials Chapter 7 Human Capital Chapter 8 The Wage Structure Chapter 9 Labor Mobility Chapter 10 Labor Market Discrimination Chapter 11 Labor Unions Chapter 12 Labor Market Contracts Chapter 13 Unemployment Contents 1 Introduction and Axioms of Urban Economics. 2 Why Do Cities Exist? 3 Why Do Firms Cluster? 4 City Size. 5 Urban Growth. 6 Urban Land Rent. 7 Land-Use Patterns. 8 Neighborhood Choice. 9 Zoning and Growth Controls. 10 Externalities from Autos. 11 Mass Transit. 12 Crime. 13 Why Is Housing Different? 14 Housing Policy. 15 Local Government Spending. 16 Local Government Revenue Public Finance NEW Urban Economics International Edition PUBLIC FINANCE 8th Edition International Edition By Harvey Rosen, Princeton University URBAN ECONOMICS 6th Edition By Arthur O’Sullivan, Lewis & Clark College 2007(January2006)/624pages ISBN-13:978-0-07-298476-7/MHID:0-07-298476-7 ISBN-13:978-0-07-124471-8/MHID:0-07-124471-9[IE] 2008(March2007)/624pages ISBN-13:978-0-07-351128-3/MHID:0-07-351128-5 ISBN-13:978-0-07-125939-2/MHID:0-07-125939-2[IE] Arthur O’Sullivan’s Urban Economics is the leading text for this small, but exciting market. This book covers urban economics as the discipline that lies at the intersection of geography and economics. The sixth edition is a thorough revision of previous incarnations—the author has reorganized and rewritten every chapter to produce a sleek and up-to-date text that will bring renewed attention to the Urban Economics course. This sixth edition offers an extreme makeover from previous editions while also incorporating the remarkable progress in the field of urban economics in the last ten to fifteen years. Part I of the book explains why cities exist and what causes them to grow or shrink. Part II examines the market forces that shape cities and the role of government in determining land-use patterns. Part III looks at the urban transportation system, exploring the pricing and design of public transit systems and the externalities associated with automobile use (congestion, environmental damage, collisions). Part IV uses a model of the rational criminal to explore the causes of urban crime and the spatial consequences. Part V explains the unique features of the housing market and examines the effects of government housing policies. The final part of the book explains the rationale for our fragmented system of local government and explores the responses of local governments to intergovernmental grants and the responses of taxpayers to local taxes. All of the economic concepts used in the book are covered in the typical intermediate microeconomics course, but a Tools of Microeconomics appendix is included that covers the key concepts for students whose exposure to microeconomics is limited to an introductory course or who could benefit from a review of intermediate concepts. Public Finance 8/e benefits from the combined efforts of Harvey Rosen’s market-leading book and new co-author Ted Gayer’s research and government agency experience. Ted recently served as a Senior Economist on the President’s Council of Economic Advisors and is currently a member of the EPA’s Science Advisory Board. Additionally, Rosen served on the President’s Council of Economics Advisers, 2003-2005, as a member and chairman. As a result, the 8th edition maintains the strengths of previous editions but is enhanced with new material and current examples from public finance literature and the policy world. It includes substantive changes that reflect the progress that has been made in the field of public finance. These changes may be divided into three categories: new organization, new material, and new pedagogical features. As with previous editions, the book continues to draw upon the latest research while never losing sight of the reality it is supposed to describe, always drawing the links between economic analysis and current political issues. neW to tHIs eDItIon Contains discussion of cutting edge empirical tools (chapter 2) and integrates this material throughout the book when discussing empirical evidence of the effects of government programs and taxation Expanded coverage of social insurance, including: the economics of insurance markets, the pros and cons of government provision of insurance, an additional chapter on health markets, and more material 4 HED 08 Economics.indd 47 10/4/2007 10:08:28 AM ECONOMICS on economics of Social Security system and reform. The Social Security material carefully explains the pros and cons of “privatization.” New partial text boxes that allow elaboration without sending a signal that it is separate from the rest of the text. Text boxes are labeled either Empirical Evidence or Policy Perspective. Economic Growth and Development New chapter on education and expanded material on applications of externalities to environmental policy. International Edition Key term definitions are now included in the text margins. ECONOMIC GROWTH AND DEVELOPMENT Part1:GettingStarted Chapter 1: Introduction Chapter 2: Tools Of Positive Analysis Chapter 3: Tools Of Normative Analysis Part 2: Public Expenditure: Public Goods And Externalities Chapter 4: Public Goods Chapter 5: Externalities Chapter 6: Political Economy Chapter 7: Education Chapter 8: Cost-benefit Analysis Part3:PublicExpenditure:SocialInsuranceAndIncomeMaintenance Chapter 9: The Health Care Market Chapter 10: Government And The Market For Health Care Chapter 11: Social Security Chapter 12: Income Redistribution: Conceptual Issues Chapter 13: Expenditure Programs For The Poor Part4:AFrameworkForTaxAnalysis Chapter 14: Taxation And Income Distribution Chapter 15: Taxation And Efficiency Chapter 16: Efficient And Equitable Taxation Part5:TheUnitedStatesRevenueSystem Chapter 17: The Personal Income Tax Chapter 18: Personal Taxation And Behavior Chapter 19: The Corporation Tax Chapter 20: Deficit Finance Chapter 21: Fundamental Tax Reform: Taxes On Consumption And Wealth Part6:MultigovernmentPublicFinance Chapter 22: Public Finance In A Federal System By Hendrik Van Den Berg, University of Nebraska-Lincoln 2001/640pages ISBN-13:978-0-07-239797-0/MHID:0-07-239797-7 (OutofPrint) ISBN-13:978-0-07-120197-1/MHID:0-07-120197-1 [IE-2Color] ISBN-13:978-0-07-124951-5/MHID:0-07-124951-6 [IE-PODprintingin1Color] INVITATION TO PUBLISH Contents www.mhhe.com/vandenberg Contents 1 The Importance of Economic Growth 2 Economic Growth Throughout History 3 The Evolution of Growth Models: From Adam Smith to HarrodDomar 4 Solow’s Neoclassical Growth Model 5 How Well Does Solow’s Model Explain Economic Growth? 6 Technological Progress 7 Economic Growth and Population Growth Example: Kremer’s Model of Long-Run Economic Growth 8 Financial Markets and Economic Growth 9 The Rate of Saving and Economic Growth 10 International Trade and Economic Growth 11 Globalization and Economic Growth 12 Education, Human Capital, and Growth 13 Institutions and Economic Growth 14 Government Institutions and Economic Growth 15 Why Would Anyone Be Against Economic Growth? 16 Are There Limits to Growth? 17 The Future of Economic Growth Glossary Bibliography McGraw-Hillisinterestedin reviewingmanuscriptfor publication.Pleasecontactyour localMcGraw-Hillofficeoremailto [email protected] Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 4 HED 08 Economics.indd 48 10/4/2007 10:08:28 AM ECONOMICS Advanced Microeconomics PART III: EU POLICIES. The common agricultural policy. Location effects, economic geography & regional policy. EU competition and state aids policy. EU trade policy. PART IV: MONETARY INTEGRATION: HISTORY AND PRINCIPLES. A monetary history of Europe. The choice of an exchange rate regime. The European monetary system. PART V: MONETARY AND FISCAL POLICY IN THE EU. Optimum currency area. The European monetary union. Fiscal policy and the stability pact. The financial markets and the Euro SCHAUM’S OUTLINE OF MICROECONOMIC THEORY 4th Edition By Dominick Salvatore, Fordham University 2006(May2006)/384pages ISBN-13:978-0-07-146236-5/MHID:0-07-146236-8 A Schaum’s Publication This revision has been updated to cover the three most important recent developments in microeconomics: game theory, oligopolistic behavior, and the economics of information. Schaum’s Outline of Microeconomics gives you a thorough grounding in the theories, principles, and background information on each topic in this vital field. Asian Economics NEW CHINESE ECONOMY Regional Economics By Prof Cai Fang, Prof Justin Lin and Prof Cao Yong 2007(December2007) ISBN-13:978-0-07-123206-7/MHID:0-07-123206-0 An Asian Publication The Chinese Economy provides a systematic and comprehensive analysis on the miracle of China’s economic development since the economic reform started from early 1980s. It covers areas on industry, agriculture, banking system, labor market, capital market, economic growth, savings and investment, foreign trade and other important aspects of the Chinese economy. Readers will also be introduced to the most recent economic developments that had happened in China. THE ECONOMICS OF EUROPEAN INTEGRATION 2nd Edition By Baldwin 2006(March2006)/512pages ISBN-13:978-0-07-711119-9/MHID:0-07-711119-2 McGraw-Hill UK Title The Economics of European Integration, 2/e provides students with an accessible presentation of the facts, theories and controversies driving rapid change in the heart of Europe. The authors combine essential elements of European history, institutions, law, politics and policies with clear and accessible explanations of the economic principles of European integration. The result is an expert analysis of the contemporary status of integration within the European Union. This second edition has been thoroughly updated and expanded to incorporate recent developments within the European Union, and to reflect current teaching in European Economics. New material in this edition includes coverage of economic integration, labour markets and migration; EU competition and state aid policy; and EU trade policy. Designed for students taking modules in European economics, the book offers a rigorous yet clear exposition of economic arguments alongside examples, illustrations, and questions that bring this contemporary topic to life. Contents Preface. PART I: HISTORY, FACTS AND INSTITUTIONS. History. Facts, law, institutions and the budget decision making. PART II: THE MICROECONOMICS OF ECONOMIC INTEGRATION. Essential microeconomic tools. The essential economics of preferential liberalisation. Market size and scale economies. Growth effects and capital market integration. Economic integration, labour markets and migration. THE HONG KONG ECONOMY From Recovery to Restructure By Kui-Wai Li 2005/480pages ISBN-13:978-0-07-124780-1/MHID:0-07-124780-7 An Asian Publication Contents List of Figures List of Tables Preface 1 Hong Kong’s Development and the Economism Paradigm 2 Economic Performance Patterns since the 1980s 3 Productivity, Unit Labour Cost and Competitiveness 4 Fiscal Policy: Challenge, Dilemma and Leadership 5 he Monetary and Financial Sector 6 The Real Estate Market 7 Trade and Changes in Comparative Advantage 8 Economic Integration: The Competitivity-Complementarity Model 9 Where is the Hong Kong Economy Heading? References Index 49 HED 08 Economics.indd 49 10/4/2007 10:08:28 AM ECONOMICS 50 HED 08 Economics.indd 50 10/4/2007 10:08:28 AM OPERATIONS / DECISION SCIENCES Business/Systems Dynamics..............................................................................53 Data Mining.........................................................................................................73 Enterprise Resource Planning.............................................................................72 Introductory Operations Management.................................................................53 Logistics & Supply Chain Management (Prof Ref)..............................................74 Management Science - Text................................................................................59 Operation Management Software.......................................................................59 Operation Management Supplement..................................................................58 Operation Research............................................................................................73 Operations Strategy............................................................................................65 Production/Inventory Control...............................................................................63 Project Management...........................................................................................63 Project Management (Prof Ref)...........................................................................74 Purchasing and Supply Chain Management.......................................................68 Quality Control/Management...............................................................................65 Quantitative Method - Text...................................................................................61 Service Operations Management........................................................................67 Upper Level Operations Management................................................................62 51 HED 08 Operations_Dec Sciences.i51 51 10/4/2007 10:09:30 AM NEW TITLES OPERATIONS/DECISION SCIENCES 2009 Author ISBN-13 MHID Page Matching Supply with Demand: An Intro to Operations Management, 2e Cachon 9780073525167 0073525162 53, 68 Operations and Supply Management, 12e Jacobs 9780077228934 0077228936 53 Production and Operations Analysis, 6e Nahmias 9780073377858 0073377856 62 Operations Strategy: Competiting in the 21st Century Beckman 9780072500783 0072500786 65 Operations Now: Supply Chain Profitability & Peformance w/std DVD, 3e Finch 9780073297057 0073297054 54 Service Management, 6e Fitzsimmons 9780073377834 007337783X 67 Project Management: The Managerial Process, 4e Gray 9780073525150 0073525154 63 An Introduction to Management Science, 3e Hillier 9780073129037 0073129038 59 Factory Physics, 3e Hopp 9780072824032 0072824034 62 Supply Chain Science Hopp 9780073403328 0073403326 68 Operations and Supply Management: The Core Jacob 9780073294735 007329473X 55 Logistics & Supply Chain Management Jonsson 9780077117382 0077117387 69 Spreadsheet Modeling for Business Decisions Kros 9780073317922 0073317926 60 Operations Management Leseure 9780077107888 0077107888 56 Operations Management: Contemporary Concepts & Cases, 4e Schroeder 9780073377865 0073377864 54 Designing and Managing the Supply Chain, 3e Simchi-Levi 9780072982398 007298239X 69 Principles and Tools for Supply Chain Management w/Student CD-ROM Webster 9780072872682 0072872683 70 2008 52 HED 08 Operations_Dec Sciences.i52 52 10/4/2007 10:09:30 AM OPERATIONS/DECISION SCIENCES Business / Systems Dynamics Introductory Operations Management International Edition NEW International Edition BUSINESS DYNAMICS Systems Thinking And Modeling For A Complex World MATCHING SUPPLY WITH DEMAND An Introduction to Operations Management, 2nd Edition By John Sterman 2000/768pages ISBN-13:978-0-07-238915-9/MHID:0-07-238915-X (withCD-ROM) ISBN-13:978-0-07-117989-8/MHID:0-07-117989-5 [IEwithCD-ROM] By Gerard Cachon and Christian Terwiesch of University of Pennsylvania 2009(March2008)/480pages ISBN-13:978-0-07-352516-7/MHID:0-07-352516-2 ISBN-13:978-0-07-126331-3/MHID:0-07-126331-4[IE] (Details unavailable at press time) CONTENTS Introduction PartI.PerspectiveandProcess Chapter 1. Learning In and About Complex Systems Chapter 2. System Dynamics in Action Chapter 3. The Modeling Process Chapter 4. Structure and Behavior Of Dynamic Systems PartII.ToolsforSystemsThinking Chapter 5. Causal Loop Diagrams Chapter 6. Stocks and Flows Chapter 7. Dynamics of Stocks and Flows Chapter 8. Closing the Loop: Dynamics of Simple Structures PartIII.TheDynamicsofGrowth Chapter 9. S-Shaped Growth: Epidemics, Innovation Diffusion, And the Growth of New Products Chapter 10. Path Dependence and Positive Feedback PartIV.ToolsForModelingDynamicSystems Chapter 11. Delays Chapter 12. Co-Flows and Aging Chains Chapter 13. Modeling Human Behavior: Bounded Rationality or Rational Expectations Chapter 14. Forecasts and Fudge Factors: Modeling Expectation Formation Chapter 15. Supply Chains and The Origin of Oscillations Chapter 16. Managing Supply Chains in Manufacturing Chapter 17. The Labor Supply Chain and The Origin of Business Cycles Chapter 18. The Invisible Hand Sometimes Shakes: Commodity Cycles Validation and Model Testing Appendix A: Numerical Integration Appendix B: Noise References Index NEW OPERATIONS AND SUPPLY MANAGEMENT 12th Edition By Robert Jacobs, Indiana University-Bloomington, Richard Chase, University of Southern California and Nicholas Aquilano, University of Arizona 2009(February2008)/832pages ISBN-13:978-0-07-722893-4/MHID:0-07-722893-6 (withStudentDVD) http://www.mhhe.com/jacobs12e CONTENTS SectionOne–Strategy 1. Introduction to the Field 2. Operations and Supply Strategy 2A – Product Mix Problem/Linear Programming 3. Project Management 4. Product and Service Design SectionTwo–Processes 5. Strategic Capacity Management 5A--Learning Curves 6. Process Analysis 6A – Job Design and Work Measurement 7. Manufacturing Processes 7A – Manufacturing Process Design 8. Service Processes 8A--Waiting Line Analysis 9. Six-Sigma Quality 9A--Process Capability and SPC SectionThree–SupplyChains 10. Strategic Sourcing 10A--Facility Location Analysis) 11. Logistics 11A – Supply Chain Network Analysis 12. Lean Manufacturing SectionFour–EnterpriseResourcePlanningSystems 13. Demand Management 14. Sales and Operations Planning 15. Inventory Control 16. Material Requirements Planning Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. Visit McGraw-Hill Education Website: www.mheducation.com COMPLIMENTARY COPIES 53 HED 08 Operations_Dec Sciences.i53 53 10/4/2007 10:09:31 AM OPERATIONS/DECISION SCIENCES 17. Scheduling 17A – Simulation 18. Constraint Management SupplementsA. Financial Analysis B. Operations Technology AppendicesA. Answers to Selected Problems B. Learning Curve Tables C. Present Value Table D. Negative Exponential Distribution: Values of E. Areas of the Cumulative Standard Normal Distribution NEW International Edition OPERATIONS MANAGEMENT Contemporary Concepts and Cases, 4th Edition By Roger Schroeder, University of Minnesota-Minneapolis 2008(November2007)/544pages ISBN-13:978-0-07-337786-5/MHID:0-07-337786-4 ISBN-13:978-0-07-126386-3/MHID:0-07-126386-1[IE] http://www.mhhe.com/schroeder4e Operations Management: Contemporary Concepts and Cases, is an ideal book for the instructor seeking a short text with cases. This book employs a cross-functional perspective, appealing to non-majors and practical for use in an MBA level course in operations management. The size and price of the book also make the text attractive for the cross-functional curriculum where students are required to purchase more than one text. The cases offer variety in length and rigor; and several are from Harvard and Darden. This mix makes the book appropriate for both undergraduates and MBA students. Existing case studies have been updated and three new cases have been added. CONTENTS PartI:Introduction 1. The Operations Function 2. Operations and Supply Chain Strategy 3. Product Design PartII:ProcessDesign 4. Process Selection 5. Service Process Design 6. Choice of Technology 7. Process-Flow Analysis PartIII:Quality 8. Managing Quality 9. Quality Control and Improvement PartIV:CapacityandScheduling 10. Supply Chain Management 11. Forecasting 12. Facilities and Aggregate Planning 13. Scheduling Operations 14. Project Scheduling PartV:Inventory 15. Inventory 16. Materials Requirement Planning 17. JIT and Lean Thinking Cases NEW International Edition NEW TO THIS EDITION Lean Operations is moved from the last chapter to Chapter 6. Emphasis is on that JIT and Lean are concerned with process changes in Layout, workforce, equipment setup times, process flows, etc. TAKT Time is added. Supply Chain Management has been expanded both in Chapter 2, Operations and Supply Chain Strategy, and in Chapter 10, Supply Chain Management. OPERATIONS NOW Supply Chain Profitability and Performance with Student DVD, 3rd Edition By Byron Finch, Miami University—Oxford The value proposition has been added to Chapter 2. Chapter 6, Choice of Technology, is deleted and the Internet and ebusiness material have been moved to Chapter 10 and enhanced; service technology has been moved to Chapter 5. 2008(November2006) ISBN-13:978-0-07-329705-7/MHID:0-07-329705-4 ISBN-13:978-0-07-128572-8/MHID:0-07-128572-5[IE] The description of processes has been expanded from three to five process types. http://www.mhhe.com/opsnow3e New material on the customer order penetration point is included in Chapter 4. Two new frameworks for understanding service operations are described. Material has been added on queuing principles to elucidate process flows. The Gap model on quality management has been included. Expanded coverage of Six Sigma and the emergence of Lean Six Sigma. The Supply Chain chapter now includes the Supply Chain Operations Reference Model, a new section on purchasing and material on offshoring/outsourcing. Half of the problems have been revised and there are new Operations Leader boxes. Operations Now introduces the operations function from a vantage point that encompasses both the entire organization and the broader supply network. The author begins his discussion of operations management by first establishing the goal to which any high quality operation must aspire: the goal of profitability. Operations Now presents operations within a context that acknowledges its interactions both within and without all functional areas of an organization, including the links throughout the supply chain. Thus, students not majoring in operations management immediately understand why they are studying a subject that had heretofore seemed to them irrelevant; operations majors receive valuable instruction in how their chosen field affects and facilitates other functional areas within the enterprise and aligns with the overall goals of the organization. NEW TO THIS EDITION The Third Edition of Operations Now discusses key functional components of the supply chain and how to adapt and extend the techniques of operations management to management of supply chains. Strategy, quality, demand forecasting, capacity, purchasing, logistics and transportation have all now been included in the text’s new emphasis on Supply Chain 54 HED 08 Operations_Dec Sciences.i54 54 10/4/2007 10:09:31 AM OPERATIONS/DECISION SCIENCES In response to increasing demand on the part of business schools that course objectives and assessment material reflect and correspond to AACSB curriculum guidelines, the instructor’s/solutions manual and the test bank accompanying Operations Now indicate which chapter objectives, end-of-chapter questions and problems, and test-bank questions link up with and conform to AACSB guidelines. Objectives, problems and test questions that fulfill one or more of these guidelines are identified by an icon designating the guideline that the objective or question fulfills. (A separate icon for each guideline is included; the instructor’s resource manual includes a key that matches each icon to each AACSB guideline.) New pedagogical features make it even more student-friendly and to offer the instructor additional ease and flexibility with assignments and reinforcement of key concepts. Among these enhancements are advanced problems, cases, solved problems, and callback icons, which are placed in the margin of the texts at those points in the narrative where the topic being discussed has particular relevance to the chapter-opening vignette. CONTENTS UNITONE:FOUNDATIONSFORSUCCESS Chapter 1: Introduction Chapter 2: Profitability: Business Success from Operations’ Success Chapter 3: Strategy and Value: Competing through Effective Operations and Supply Chain Management Chapter 4: Processes: Products and Services to Match Customer Needs UNITTWO:COMPONENTSOFVALUES Chapter 5: Cost: The Price of Value Creation Chapter 6: Quality: Frameworks for Product and Service Improvement Chapter 7: Quality Tools: From Process Performance to Process Perfection Chapter 8: Timeliness: Scheduling and Project Management UNITTHREE:MANAGINGRESOURCESTOCREATEVALUE Chapter 9: Supply Chain Management: Managing Business to Business Interaction Chapter10: Demand Forecasting: Building the Foundation for Resource Planning Chapter 11: Inventory: Managing to Meet Demand Chapter 12: Logistics: Positioning Goods in the Supply Chain Chapter 13: Lean Systems: Eliminating Waste through the Supply Chain Chapter 14: Capacity: Matching Productive Resources to Demand Chapter 15: Constraint Management: Simplifying Complex Systems Chapter 16: Facilities: Making Location and Layout Decisions Chapter 17: Workforce: Optimizing Human Capital NEW International Edition OPERATIONS AND SUPPLY MANAGEMENT: THE CORE By Robert Jacobs, Indiana University-Bloomington and Richard Chase, University of Southern California 2008(November2006) ISBN-13:978-0-07-329473-5/MHID:0-07-329473-X (withStudentDVD) ISBN-13:978-0-07-126188-3/MHID:0-07-126188-5 [IEwithStudentDVD] http://www.mhhe.com/jacob1e Jacobs and Chase continue to lead the field of Operations Management with cutting edge up-to- date content, technology, and motivation. Now, in this First Edition Jacobs and Chase focus on the core concepts of operations and supply management. This condensed text was constructed with the four essential core areas of process, quality, inventory, and supply chain management in mind, as decided by a panel of OM instructor’s at the Decision Science Institute meeting, and after conducting a survey of content coverage in representative universities. The new Core text provides increased emphasis on supply management concepts along with a focused presentation of the core OM concepts. FEATURES Up-to-date coverage of Supply Chain Management, Enterprise Resource Management, Six-Sigma, and Lean Manufacturing: the topics that companies focus on today. Breakthrough Boxes featuring best practices at real companies Engaging short cases – real companies, interesting exercises. (Companies include Toshiba, IKEA, Brunswick Motors) Internet Beer Game and E-OPS game that are popular with adopters of Chase 11e, also apply to The CORE. Reduced length and price. Student DVD with improved user interface, new and expanded videos, and a wealth of study resources for students. INVITATION TO PUBLISH CONTENTS SectionI–Strategy Chapter 1: Operations and Supply Strategy Chapter 2: Project Management SectionII–Processes Chapter 3: Strategic Capacity Management Chapter 4: Manufacturing Processes Chapter 5: Service Processes Chapter 6: Six-Sigma Quality SectionIII–SupplyChain Chapter 7: Strategic Sourcing Chapter 8: Logistics Chapter 9: Lean Manufacturing SectionIV–Inventory Chapter 10: Forecasting Chapter 11: Aggregate Sales and Operations Planning Chapter 12: Inventory Management Chapter 13: Material Requirements Planning Appendix A – Answers to Select Problems McGraw-Hillisinterestedin reviewingmanuscriptfor publication.Pleasecontactyour localMcGraw-Hillofficeoremailto [email protected] Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 55 HED 08 Operations_Dec Sciences.i55 55 10/4/2007 10:09:31 AM OPERATIONS/DECISION SCIENCES Appendix B – Learning Curve Tables B.1 – Table of Unit Values B.2 – Table of Cumulative Values Appendix C – Present Value Table Appendix D – Negative Exponential Distribution: Values of ¿-x Appendix E – Areas of the Cumulative Standard Normal Distribution NEW OPERATIONS MANAGEMENT By Michael Leseure, Aston University 2007(October2007)/608pages ISBN-13:978-0-07-710788-8/MHID:0-07-710788-8 McGraw-Hill UK Title INTERACTIVE MODELS FOR OPERATIONS AND SUPPLY CHAIN MANAGEMENT WITH CD CONTENTS By Byron Finch, Miami University of OH-Oxford 2007(November2005) ISBN-13:978-0-07-285710-8/MHID:0-07-285710-2 ISBN-13:978-0-07-298274-9/MHID:0-07-298274-8 (withCD) This First Edition provides interactivity to students by use of stateof-the-art java applets. Students are shown concepts depicted graphically and are able to manipulate those graphics to simulate real world actions. Therefore, students learn comprehensively as they participate with the text and supporting technology. Written by a leader in this course, the concise and affordable paperback can be used harmoniously with additional teaching materials. The book adopts a modeling approach for dealing with a variety of common problems in designing and improving operations. Students will obtain “hands on” experience in developing efficient and cost effective solutions to such problems. Part1:TheNatureofOperationsManagement Chapter 1: Operations Management Chapter 2: Operations Strategy & Performance Management Chapter 3: Activities in Operations Management Chapter 4: Demand Management and forecasting Chapter 5: Supply Chain Management Chapter 6: Facility locations & International Operations Part2:OperationsManagementTechniques Chapter 7: Operations Management for non Repetitive Manufacturing Systems Chapter 8: Operations Management for Repetitive Manufacturing Systems Chapter 9: Service Operations Management Chapter 10: Project Management Part3:AdvancedIssuesinOperationsManagement Chapter 11: Operations Improvement Chapter 12: Reliability and Maintenance CONTENTS Unit1:DemandForecasting: The Time Series Components Model / The Simple Exponential Smoothing Model / The Trend Enhanced Exponential Smoothing Model / The Linear Trend Equation Model / The Simple Linear Regression Model Unit 2: Financial Decision Making: The Breakeven Model / The Variance Analysis Model Unit3:CapacityManagement:The Learning Curve Model / The Overbooking Model / The Aggregate Planning Model Unit4:QualityManagement:The X-bar and R-chart Model Unit 5: Inventory Management and Scheduling: The Economic Order Point Model / The Economic Order Point with Quantity Discounts Model / The Reorder Point Model / The Material Requirements Planning Model / The Risk Pooling Model / The Bullwhip Effect Model / The Sequencing Rules Model Unit6:FacilityDecisionsModels:The Process-Oriented Layout Model / The Center of Gravity Model Unit7:ProcessSimulationModels:The Waiting Line Simulation Model / The Production Line Simulation Model / The Kanban Simulation Model / The Constraint Management Simulation Model OPERATIONS MANAGEMENT VIDEO SERIES VOL. XII DVD 9th Edition International Edition OPERATIONS MANAGEMENT 9th Edition By William J Stevenson, Rochester Institute Technology 2007(June2006)/832pages ISBN-13:978-0-07-329094-2/MHID:0-07-329094-7 ISBN-13:978-0-07-110916-1/MHID:0-07-110916-1[IE] http://www.mhhe.com/stevenson9e The Ninth Edition of Operations Management features the latest concepts and applications while not losing focus on the core concepts that has made this text a market leader. This approachable text supports students in applying concepts and methods by providing solved problems, examples, questions, practice problems, and cases. Students learn by doing, and the Ninth Edition continues to offer more support for ‘doing Operations’ than any other. A Student DVDRom complete with Excel templates; data files; videos from companies like Honda, United Airlines, McDonalds, Disney, and more; self quizzes; weblinks; and innovative ‘screencam tutorials’ that show students how to use Excel are included in the package. The DVDRom also features six new segments and expanded editions of additional videos. CONTENTS 1 Introduction 2 Competitiveness, Strategy, and Productivity 3 Forecasting 4 Product and Service Design 4S Supplement: Reliability 5 Strategic Capacity Planning for Products and Services 5S Supplement: Decision Theory 6 Process Selection and Facilities Layout 6S Linear Programming 7 Design of Work Systems 7S Learning Curves 8 Location Planning and Analysis 8S The Transportation Model 9 Management of Quality 10 Quality Control 10S Acceptance Sampling By Irwin/McGraw-Hill 2007(October2005) ISBN-13:978-0-07-326881-X/MHID:0-07-326881-X (Details unavailable) 56 HED 08 Operations_Dec Sciences.i56 56 10/4/2007 10:09:31 AM OPERATIONS/DECISION SCIENCES 11 Supply Chain Management 2 Inventory Management 13 Aggregate Planning 14 MRP and ERP 15 JIT and Lean Operations 15S Supplement: Maintenance 16 Scheduling 17 Project Management 18 Capacity Planning and Analysis: Waiting Lines 18S Supplement: Simulation International Edition OPERATIONS MANAGEMENT FOR COMPETITIVE ADVANTAGE 11th Edition By Richard Chase, University of Southern California, F Robert Jacobs, Indiana University—Bloomington and Nicholas J Aquilano, University of Arizona 2006 ISBN-13:978-0-07-312166-6/MHID:0-07-312166-5 (withStudentDVD) ISBN-13:978-0-07-111553-7/MHID:0-07-111553-6 [IEwithStudentDVDandOLCCard] ISBN-13:978-0-07-126048-0/MHID:0-07-126048-X [IEwithDVD] International Edition MATCHING SUPPLY WITH DEMAND An Introduction to Operations Management http://www.mhhe.com/chase11e The most authoritative, cutting-edge book for operations management and supply chain management. The book demands rigorous analysis on the part of students. When the use of quantitative tools or formal modeling is indicated, it is only to perform the necessary analysis needed to inform and support a practical business solution. Chase, Jacobs and Aquilano: Operations Management for Competitive Advantage, 11/e (CJA) provides a current and thorough introduction to the concepts, processes, and methods of managing and controlling operations in manufacturing or service settings. The text provides comprehensive coverage, from high-tech manufacturing to high touch services with a balanced treatment. Chase, Jacobs, and Aquilano also thoroughly integrates and discusses current issues such as globalization; supply chain strategy, E-business, and ERP. The concepts are illustrated by using abundant real world examples, articles, illustrations, problems and cases. Technology is integral to the success of this course, as such, CJA also provide students and instructors with an innovative array of leading edge technology learning and teaching tools. CONTENTS CONTENTS Chapter 1 Introduction Chapter 2 The Process View of the Organization Chapter 3 Understanding the Supply Process: Evaluation Process Capacity Chapter 4 Estimating and Reducing Labor Costs Chapter 5 Bathing and Other Flow Interruptions: Set-up Times and the Economic Order Quantity Model Chapter 6 Variability and Its Impact on Process Performance: Waiting Time Problems Chapter 7 The Impact of Variability on Process Performance: Throughput Losses Chapter 8 Fundamentals of Quality and the Toyota Production System Chapter 9 Betting on Uncertain Demand: The Newsvendor Model Chapter 10 Make-To-Order and Quick Response with Reactive Capacity Chapter 11 Service Levels and Lead Times in Supply Chains: The Order up-to Inventory Model Chapter 12 Risk Pooling Strategies to Reduce and Hedge Uncertainty Chapter 13 Revenue Management with Capacity Controls Chapter 14 Supply Chain Coordination Appendix / Glossary / References / Index of “How to” exhibits / Summary of key equations / Index SECTION ONE OPERATIONS STRATEGY AND MANAGING CHANGE 1 Introduction to the Field 2 Operations Strategy and Competitiveness Technical Note 2 Optimizing the Use of Resources with Linear Programming 3 Project Management SECTION TWO PRODUCT DESIGN AND PROCESS SELECTION 4 Process Analysis Technical Note 4 Job Design and Work Measurement 5 Product Design Technical Note 5 Learning Curves 6 Manufacturing Process Selection and Design Technical Note 6 Facility Layout 7 Product Design and Process Selection—Services Technical Note 7 Waiting Line Management 8 Quality Management: Focus on Six Sigma Technical Note 8 Process Capability and Statistical Quality Control 9 Operations Consulting and Reengineering SECTIONTHREESUPPLYCHAINDESIGN 10 Supply Chain Strategy 11 Strategic Capacity Management Technical Note 11 Facility Location 12 Lean Production SECTIONFOURPLANNINGANDCONTROLLINGTHESUPPLY CHAIN Managerial Briefing Enterprise Resource Planning Systems 13 Forecasting 14 Aggregate Sales and Operations Planning 15 Inventory Control 16 Material Requirements Planning 17 Operations Scheduling Technical Note 17 Simulation 18 Synchronous Manufacturing and Theory of Constraints SUPPLEMENTS A Financial Analysis B Operations Technology APPENDICES A Answers to Selected Problems B Uniformly Distributed Random Digits C Normally Distributed Random Digits D Areas of the Standard Normal Distribution E Areas of the Cumulative Standard Normal Distribution F Negative Exponential Distribution: Values of e–x G Interest Tables PHOTO CREDITS NAME INDEX SUBJECT INDEX By Gerard Cachon and Christian Terwiesch 2006/368pages ISBN-13:978-0-07-291899-1/MHID:0-07-291899-3 ISBN-13:978-0-07-124426-8/MHID:0-07-124426-3[IE] http://www.mhhe.com/cachon_terwiesch 57 HED 08 Operations_Dec Sciences.i57 57 10/4/2007 10:09:32 AM OPERATIONS/DECISION SCIENCES Chapter 8: The Quality Imperative Supplement: Quality Pioneers of the Twentieth Century Chapter 9: Process Control and Improvement Chapter 10: Flow-Control: Eliminating Process Wastes Chapter 11: Timing-Another Imperative Chapter 12: Human Resources in OM Supplement: Four methods of developing Time Standards Chapter 13: Managing Materials: Timing and Quantities Supplement: Economic Order Quantity: Theory and Derivations Chapter 14: Facilities Management Chapter 15: Managing Continuous and Repetitive Operations Chapter 16: Managing Job and Batch Operations Chapter 17: Managing Projects International Edition OPERATIONS MANAGEMENT Integrating Manufacturing and Services, 5th Edition By Mark Davis, Bentley College and Janelle Heineke 2005/768pages ISBN-13:978-0-07-299435-3/MHID:0-07-299435-5 (withStudentCDandPowerWeb) ISBN-13:978-0-07-111724-1/MHID:0-07-111724-5 [IEwithCDandPowerweb] http://www.mhhe.com/davis5e CONTENTS PARTIOperationsManagementinToday’sBusinessEnvironment 1 Introduction to Operations Management 2 Operations Strategy: Defining How Firms Compete S2 Financial Analysis in Operations Management 3 The Role of Technology in Operations 4 Supply Chain Management 5 Integrating Manufacturing and Service PARTIIProcessDecisions 6 New Product and Service Development, and Process Selection 7 Project Management 8 Process Measurement and Analysis S8 Job Design and Work Performance Measurement 9 Quality Management S9 Quality Tools for Improving Processes 10 Lean Production PARTIIIFacilityDecisions 11 Facility Location and Capacity 12 Facility Layouts S12 Forecasting PARTIVAggregatePlanningandInventoryDecisions 13 Aggregate Planning 14 Inventory Systems for Independent Demand 15 Inventory Systems for Dependent Demand PARTVDailyOperationalDecisions 16 Waiting Line Management S16 Waiting Line Theory 17 Scheduling International Edition OPERATIONS MANAGEMENT 7th Edition By Edward M Knod, Western Illinois University and Richard Schonberger, University of Washington 2001/672pages ISBN-13:978-0-07-246050-6/MHID:0-07-246050-4 (withCD,MandatoryPackage)-OutofPrint ISBN-13:978-0-07-120216-9/MHID:0-07-120216-1 [IEwithCD] www.mhhe.com/pom CONTENTS Chapter 1: Operations Management: Introductory Concepts Chapter 2: OM Strategy: Dynamic Competitiveness Chapter 3: Principles of Operations Management Chapter 4: Demand Management and Forecasting Supplement: Least Squares Trend and Correlation Coefficients Chapter 5: Capacity Planning and Master Scheduling Supplement: Aggregate capacity Planning with Excel? Chapter 6: Order Fulfillment and Purchasing Chapter 7: Designing for Customers’ Needs Operation Management Supplement SCHAUM’S OUTLINE OF OPERATIONS MANAGEMENT 2nd Edition By Joseph Monks, Gonzaga University 1996/352pages ISBN-13:978-0-07-042764-8/MHID:0-07-042764-X A Schaum’s Publication (International Edition is not available for sale in Japan) CONTENTS 1. Operations Management: Definition, Mission, and Productivity Concepts 2. Quality Management of Competitive Operations 3. Operations Decision Making (Break-Even Analysis, Decision Trees, and Statistical Methods) 4. Forecasting (Statistical Methods) 5. Financial Analysis for Operations (Present-Value Criteria) 6. Facility Location (Transportation Linear Programming) 7. Layout of Facilities (Line Balancing) 8. Product Design: Goods and Services (Linear Programming) 9. Process Planning and Analysis (Simulation) 10. Job Design and Work Measurement (Statistical Sample Size) 11. Aggregate Planning and Master Scheduling 12. Materials Management: Purchasing, Inventory and JIT Systems (Calculus) 13. Inventory Control: Order Points, Safety Stocks, and Service Levels (Statistical Methods) 14. Material Requirements Planning: MRP and CRP 15. Operations Scheduling and Control (Assignment Linear Programming) 16. Operations Analysis and Maintenance (Calculus, Learning Curves, Queuing and Simulation) 17. Project Management (CPM/PERT) 18. Quality Control (Statistical Methods) / Appendixes 58 HED 08 Operations_Dec Sciences.i58 58 10/4/2007 10:09:32 AM OPERATIONS/DECISION SCIENCES Operation Management Software Chapter 10 Forecasting Chapter 11 Aggregate Planning Chapter 12 Project Management Chapter 13 Quality Management SAP R/3 ENTERPRISE SOFTWARE An Introduction Management Science Text By Roger Hayen, Central Michigan University 2007(May2006)/192pages ISBN-13:978-0-07-299067-6/MHID:0-07-299067-8 http://www.mhhe.com/hayen This text is written by Dr. Roger Hayen, a SAP R/3 instructor at Central Michigan University, one of three universities in the U.S. to offer SAP R/3 certification for students in an SAP University Alliance program, called “Process Integration Certification Academy”. Hayen’s extensive familiarity with the subject provides a useful introduction to the essential concepts of the SAP R/3 System, with the opportunity for hands-on implementation of those concepts. The text’s succinct, yet thorough coverage makes it versatile, so that it is appropriate for both student instruction and professional training and reference. NEW International Edition INTRODUCTION TO MANAGEMENT SCIENCE A Modeling and Case Studies Approach with Spreadsheets, 3rd Edition CONTENTS Preface Part1UnderstandingEnterpriseSoftware Chapter 1 Overview Chapter 2 Navigation and Systems Operation Chapter 3 Application Modules Chapter 4 Businesses Processes Chapter 5 Web Application Server Chapter 6 Internet Enabled Solutions Chapter 7 Configuration Chapter 8 Implementation Framework Chapter 9 Organization Structure Chapter 10 Customizing Tools Part2DisplayingSAPR/3Information Chapter 11 Exploring System Capabilities Part3ProcessingSAPR/3Transactions Chapter 12 Customer Order to Cash Cycle Processes Summary Appendix Quick Check Answers By Frederick Hillier, Stanford University and Mark Hillier, University of Washington 2008(March2007)/672pages ISBN-13:978-0-07-312903-7/MHID:0-07-312903-8 ISBN-13:978-0-07-333797-5/MHID:0-07-333797-8 (withStudentCD) ISBN-13:978-0-07-125927-9/MHID:0-07-125927-9 [IEwithStudentCDandPasscodeCard) http://www.mhhe.com/hillier3e Introduction to Management Science, 3e, offers a unique model approach and integrates the use of Excel. Through this approach students are better able to grasp the essential concepts covered in the course and see their utility. Each chapter includes a case study that is meant to show the students a real and interesting application of the topics addressed in that chapter. These cases and related applications cuts across all functional areas of business and show how management science techniques apply in the business environment. NEW TO THIS EDITION International Edition A major streamlining of the book that brings a sharper focus on the essentials of management science. OPERATIONS MANAGEMENT SOFTWARE WINDOWS Integration of the new Excel 2007 and its substantially revised user interface. By Michael Moses and Sridhar Seshadri of New York University 1999 ISBN-13:978-0-256-26174-5/MHID:0-256-26174-1 (ManualwithCD-ROM)-OutofPrint ISBN-13:978-0-07-366261-9/MHID:0-07-366261-5 (CD-ROM)-OutofPrint ISBN-13:978-0-07-118453-3/MHID:0-07-118453-8[IE] A simplified presentation of several topics, including integer programming, forecasting, and utilities. The addition of both application vignettes and solved problems (with complete solutions spelled out on the CD-ROM) throughout the book. The addition of appendices on using Microsoft Excel and the Solver Table. CONTENTS Chapter 1 Introduction to HOM Chapter 2 Integrative Cases Chapter 3 Ice Queen Snow Blowers Chapter 4 Citibank/Chemical Branch Consolidation Chapter 5 Process Analysis Chapter 6 Waiting Line Analysis Chapter 7 Inventory Modeling Chapter 8 Material Requirements Planning Chapter 9Facility Planning CONTENTS Chapter 1: Introduction Chapter 2: Linear Programming: Basic Concepts Chapter 3: Linear Programming: Formulation and Applications Chapter 4: The Art of Modeling with Spreadsheets Chapter 5: What-If Analysis for Linear Programming Chapter 6: Network Optimization Problems 59 HED 08 Operations_Dec Sciences.i59 59 10/4/2007 10:09:32 AM OPERATIONS/DECISION SCIENCES Chapters open with “Business Decision Modeling in Action” segments that immediately require students to be active participants in business decision-making. Chapter 7: Using Binary Integer Programming to Deal with Yes-orNo Decisions Chapter 8: Nonlinear Programming Chapter 9: Decision Analysis Chapter 10: Forecasting Chapter 11: Queueing Models Chapter 12: Computer Simulation: Basic Concepts Chapter 13: Computer Simulation with Crystal Ball “Business Decision Modeling Throughout the Ages” and “Business Decision Modeling Behind the Scenes” boxes show students insight into the history of spreadsheet modeling and how it is applied in real-world situations. Five unique interactive cases studies contained in the text require students to use java-based interactive models found on the text website. Other pedagogy includes Concept Checks: Critical Thinking and Reasoning sections; case studies and examples; end-of-chapter sample executive summaries of analysis; and detailed instructions with “quick reference”, “checklist” and “rules-of-thumb” sections. NEW International Edition CONTENTS Preface Chapter 1 The Art and Science of Becoming a More Effective and Efficient Problem Solver Chapter 2 Introduction to Spreadsheet Modeling Chapter 3 Probability and Statistics—A Foundation for Becoming a More Effective and Efficient Problem Solver Chapter 4 Decision Analysis: Building the Structure for Solving the Problem Chapter 5 Simulation Modeling Chapter 6 Linear Regression Modeling Chapter 7 Introduction to Forecasting Chapter 8 Introduction to Optimization Models Chapter 9 Project Management: PERT/CPM Chapter 10 Introduction to Visual Basic Programming Appendix A Useful Information SPREADSHEET MODELING FOR BUSINESS DECISIONS By John Kros, East Carolina University 2008(January2007) ISBN-13:978-0-07-331792-2/MHID:0-07-331792-6 (withStudentCD-ROM&CrystalBallAccessPasscodeCard) ISBN-13:978-0-07-721279-7/MHID:0-07-721279-7 (withStudentCD,atRisk&CrystalBallAccessCards) ISBN-13:978-0-07-128654-1/MHID:0-07-128654-3 [IEwithCrystalBallAccessCardandStudentCD] http://www.mhhe.com/kros1e Spreadsheet Modeling for Business Decisions focuses on five fundamental topics of business decision modeling; emphasizing the effective communication of results to the appropriate business decision maker. The topics include spreadsheet modeling, data management and modeling, simulation and linear regression modeling, and decision making under uncertainty. The text strives to educate managers in the process of becoming more effective and efficient problem solvers by providing the most important and useful topics within business decision models while at the same time preparing students to apply those topics to real-world problems, to integrate the use of common software packages into their analysis and solutions, and to prepare written and verbal conclusions from that analysis. FEATURES Examples and exercises are presented that guide students in forming their own decision-making process, understanding the output from their analysis, and communicating that analysis in written and verbal form. This 1st edition text sticks to the core methods used by managers in their everyday problem solving situations and offer students a process to improve their own critical thinking, management judgment, and communication with their end-user clients. Spreadsheet Modeling for Business Decisions is highly suited for instructors who teach in an alternative scheduling atmosphere, most notably the standard 15 week semester. Supplementary software programs, such as TreePlan, @Risk, and other add-ins for spreadsheets are integrated throughout the textbook. The use of simulation software and decision tree add-in programs is located in Chapters 4 and 5. Detailed examples illustrating the use of various Excel add-ins such as Goal Seek, Solver and the Data Analysis ToolPak are also interspersed throughout the text. Excel Spreadsheets are incorporated throughout the text to model and solve problems. International Edition INTRODUCTION TO MANAGEMENT SCIENCE By William D Stevenson, North Carolina State University and Ceyhun Ozgur, Valparaiso University 2007(February2006)/672pages ISBN-13:978-0-07-299066-9/MHID:0-07-299066-X (withSpreadsheets) ISBN-13:978-0-07-325290-2/MHID:0-07-325290-5 (withSpreadsheetsandStudentCD) ISBN-13:978-0-07-125773-2/MHID:0-07-125773-X [IEwithStudentCDandSpreadsheet] ISBN-13:978-0-07-325336-7/MHID:0-07-325336-7 (Instructor’sEditionwithStudentCDt/aText) http://www.mhhe.com/stevensonozgur1e This text combines the market leading writing and presentation skills of Bill Stevenson with integrated, thorough, Excel modeling from Ceyhun Ozgur. Professor Ozgur teaches Management Science, Operations, and Statistics using Excel, at the undergrad and MBA levels at Valparaiso University--and Ozgur developed and tested all examples, problems and cases with his students. The authors have written this text for students who have no significant mathematics training and only the most elementary experience with Excel. CONTENTS Part1IntroductionandForecasting. 1-Introduction to Management Science, Modeling, and Excel Spreadsheets. 2- Forecasting. Part2DeterministicDecisionModels. 60 HED 08 Operations_Dec Sciences.i60 60 10/4/2007 10:09:32 AM OPERATIONS/DECISION SCIENCES Quantitative Method Text 3-Linear Programming: Basic Concepts and Graphical Solutions. 4-Linear Programming: Applications and Solutions. 5- Linear Programming: Sensitivity Analysis, Duality, and Specialized Models. 6- Transportation, Assignment, and Transshipment Problems. 7- Integer Programming. 8- Network Optimization Models. 9- Nonlinear Optimization Models. 10- Multi-Criteria Models. Part 3 Probabilistic Decision Models. 11- Decision Theory. 2- Markov Analysis. 13- Waiting Line Models. 14- Simulation. CDRom Modules. Chapter 4S Simplex Algorithm. Chapter 6S Transportation and Assignment Solution. Procedures. Chapter 7S Branch and Bound Method for Integer. Programming Problems. Chapter 9S Mini –Review: Differential Arithmetic QUANTITATIVE METHODS FOR BUSINESS 2nd Edition By Frank Dewhurst 2006 (April 2006) / 608 pages ISBN-13: 978-0-07-710902-8 / MHID: 0-07-710902-3 McGraw-Hill UK Title http://www.mcgraw-hill.co.uk/textbooks/dewhurst The new edition of Quantitative Methods for Business and Management offers a complete introductory course in Quantitative Methods, providing students with basic practical experience in quantitative approaches in modelling and analysis for business and management. The book features sections on foundation topics, models for business and management, and modelling and analyzing decisions. In particular, the new edition features greater coverage of statistics to reflect teaching in this area, with chapters on Elementary Statistics, Summary Statistics and Inferential Statistics. Other new areas of coverage in the second edition include Network Models and Non-linear Models. The book retains its popular style which offers students numerous examples accompanied by clear and straightforward explanations. Excel examples are also integrated throughout to help students to understand how this software tool is used by managers, and frequent questions and exercises enable students to test their understanding. A free CD contains Excel applications and solutions to the exercises in the textbook, and a full online learning centre completes an excellent learning package for business students. QUANTITATIVE TECHNIQUES IN MANAGEMENT 3rd Edition By N D Vohra, Ramjas College of University of Delhi 2006 (June 2006) / 976 pages ISBN-13: 978-0-07-061193-1 / MHID: 0-07-061193-9 McGraw-Hill India Title Contents http://www.mhhe.com/vohra3e The new edition continues in the tradition of application of various quantitative techniques in managerial decision making. Comprehensive treatment of the concepts in the MS/OR area and a large number of solved problems and exercises are the main pillars of the text. 1. Introduction 2. Linear Programming I: Formulation and Graphic Solution 3. Linear Programming II: The Simplex Method 4. Linear Programming III: Duality and Sensitivity Analysis 5. Specially Structured Linear Programs I Transportation and Transshipment Problems 6. Specially Structured Linear Programs II Assignment Problem 7. Extensions of Linear Programming 8. Sequencing 9. Inventory Management 10. Queuing Theory 11. Replacement Theory 12. PERT and CPM 13. Decision Theory 14. Markov Analysis 15. Theory of Games 16. Dynamic Programming 17. Simulation 18. Investment Analysis and Break-even Analysis 19. Forecasting Appendices CONTENTS Brief TOC. Detailed TOC. Contents of CD-ROM. Preface. Acknowledgements. Guided Tour. Part A The foundations of Quantitative Methods. 1. An introduction to Quantitative Methods. 2. From numbers to symbols. 3. Matrices and matrix algebra. 4. Elementary Statistics. 5. Summary Statistics. Part A: Closing comments. Part A: Mini cases. Part B Models and analysis for business and management. 6. Probability and Statistical models. 7. An introduction to inferential statistics. 8. Modelling relationships. 9. Non-linear and multivariate relationships. 10. Analysing models. 11. An introduction to Time-Series. 12. Models for finance and accounting. Part B: Closing comments. Part B: Mini cases. Part C Modelling and analysing decisions. 13. An introduction to Decision Analysis. 14. An introduction to linear programming. 15. An introduction to network models. 16. An introduction to non-linear decision models. Appendices. Solutions 61 HED 08 Operations_Dec Sciences.i61 61 10/4/2007 10:09:32 AM OPERATIONS/DECISION SCIENCES Upper Level Operations Management Industrial grade Factory Physics software is now available for student use at no charge, along with software case studies and PowerPoint presentations. Because of the software learning curve, the package is most suited for a large case study or a capstone experience. Interested faculty should send an email to info@factoryphysics. com to obtain materials. More Problems: the number of exercises at the end of each chapter was increased to offer the reader a wider range of practice problems. NEW International Edition CONTENTS PARTI:THELESSONSOFHISTORY Chapter 1: Manufacturing in America Chapter 2: Inventory Control: From EOQ to RDP Chapter 3: The MRP Crusade Chapter 4: The JIT Revolution Chapter 5: What Went Wrong PARTII:FACTORYPHYSICS Chapter 6: A Science of Manufacturing Chapter 7: Basic Factory Dynamics Chapter 8: Variability Basics Chapter 9: The Corrupting Influence of Variability Chapter 10: Push and Pull Production Systems Chapter 11: The Human Element in Operations Management Chapter 12: Total Quality Manufacturing PARTIII:PRINCIPLESINPRACTICE Chapter 13: A Pull Planning Framework Chapter 14: Shop Floor Control Chapter 15: Production Scheduling Chapter 16: Aggregate and Workforce Planning Chapter 17: Supply Chain Management Chapter 18: Capacity Management Chapter 19: Synthesis-Pulling It All Together PRODUCTION AND OPERATIONS ANALYSIS 6th Edition By Steven Nahmias, Santa Clara University 2009(March2008)/736pages ISBN-13:978-0-07-337785-8/MHID:0-07-337785-6 ISBN-13:978-0-07-126370-2/MHID:0-07-126370-5[IE] (Details unavailable at press time) NEW International Edition FACTORY PHYSICS 3rd Edition By Wallace Hopp, Northwestern University and Mark Spearman, Facotyr Pysics, Inc 2008(November2007)/720pages ISBN-13:978-0-07-282403-2/MHID:0-07-282403-4 ISBN-13:978-0-07-123246-3/MHID:0-07-123246-X[IE] After a brief introductory chapter, Factory Physics 3/e is divided into three parts: I – The Lessons of History; II – Factory Physics; and III – Principles in Practice. The scientific approach to manufacturing and supply chain management, developed in Part II, is unique to this text. No other text or professional book provides a rigorous, principlesbased foundation for manufacturing management. The Third Edition offers tighter connections between Lean Manufacturing, MRP/ERP, Six Sigma, Supply Chain Management, and Factory Physics. In addition to enhancing the historical overview of how these systems evolved, the authors show explicitly how users can achieve Lean Manufacturing objectives (faster response, less inventory) using the integration aspects of MRP/ERP/SCM systems along with the variance analysis methods of Six Sigma. Factory Physics provides the overarching framework that coordinates all of these initiatives into a single-focused strategy. International Edition PRODUCTION AND OPERATIONS ANALYSIS 5th Edition By Steven Nahmias, Santa Clara University 2005 ISBN-13:978-0-07-301865-2/MHID:0-07-301865-1 (withStudentCD-ROM) ISBN-13:978-0-07-123837-3/MHID:0-07-123837-9 [IEwithStudentCD-ROM] www.mhhe.com/nahmias5e CONTENTS NEW TO THIS EDITION New “science of manufacturing” discussion in Chapter 6 now makes the Factory Physics section (Part II, already the most important part of the book) more concise and consistent. This chapter now sets up all of Part II as a coherent framework of interrelated models and concepts. New set of “performance measures” in Chapter 9 provides metrics for capacity effectiveness, inventory effectiveness and time effectiveness. These measures provide a basis for evaluating overall operational efficiency in practical settings. Newly expanded Chapter 12 now covers both the statistical foundations and organizational elements of the Six Sigma approach to quality. This treatment makes it clear how Six Sigma and Factory Physics can be used as complementary components of an overall process improvement effort. Chapter 1. Strategy and Competition Chapter 2. Forecasting Chapter 3. Aggregate Planning Supplement 1 Linear Programming Chapter 4. Inventory Control Subject to Known Demand Chapter 6. Supply Chain Management Chapter 7. Push and Pull Production Control Systems: MRP and JIT Chapter 8. Operations Scheduling Supplement 2 Queuing Theory Chapter 9. Project Scheduling Chapter 10. Facilities Layout and Location Chapter 11. Quality and Assurance Chapter 12. Reliability and Maintainability 62 HED 08 Operations_Dec Sciences.i62 62 10/4/2007 10:09:33 AM OPERATIONS/DECISION SCIENCES Production/Inventory Control Appendix B: Dynamical Systems Appendix C: Probability and Stochastic Processes Appendix D: Notational Conventions Project Management International Edition MANUFACTURING PLANNING AND CONTROL SYSTEMS 5th Edition NEW By Thomas Vollmann, William Lee Berry, Ohio State University Columbus, David Clay Whybark, University of North Carolina 2005/736pages ISBN-13:978-0-07-229990-8/MHID:0-07-229990-8 ISBN-13:978-0-07-112133-0/MHID:0-07-112133-1[IE] PROJECT MANAGEMENT The Managerial Process, 4th Edition http://www.mhhe.com/vollmann5 CONTENTS 1- Integration and Supply Chains 2- Demand Management 3-Sales and Operations Planning 4- ERP-Integrated Systems 5-Basic Inventory Concepts 6-Master Production Scheduling 7-MRP (Materials Requirements Planning) 8-JIT 9-Capacity Planning 10-Production Activity Control 11-Supply Chain 12- Implementation 13- MPC Systems and Strategy 14- Advanced MRP 15-Advanced JIT 16- Advanced Scheduling Systems 17-Advanced Concepts in Sales and Operations Planning 18-Frontiers By Clifford Gray and Erik Larson of Oregon State University 2008(June2007)/576pages ISBN-13:978-0-07-352515-0/MHID:0-07-352515-4 ISBN-13:978-0-07-334817-9/MHID:0-07-334817-1 (withMSProjectCDandStudentCD) http://www.mhhe.com/graylarson4e As the market-leading textbook on the subject, Project Management: The Managerial Process, 4e is distinguished by its balanced treatment of both the technical and behavioral issues in project management as well as by its coverage of a broad range of industries to which project management principles can be applied. It focuses on how project management is integral to the organization as a whole. The 4th edition reflects the latest changes found in the practice. Other texts discuss the topics covered in this text but they do not view oversight as the project manager’s operating environment, as does Gray/Larson. NEW TO THIS EDITION New chapter on outsourcing, which is currently a hot topic in the field. Given an organization’s limited resources and skills, outsourcing supports completing more projects more quickly. This chapter addresses additional skills required for the project manager as a result of outsourcing. International Edition FOUNDATIONS OF INVENTORY MANAGEMENT By Paul H Zipkin, Duke University Fuqua Graduate School of Business 2000/768pages ISBN-13:978-0-256-11379-2/MHID:0-256-11379-3 (OutofPrint) ISBN-13:978-0-07-118315-4/MHID:0-07-118315-9[IE] New coverage of scheduling resources and costs for a master schedule. CONTENTS New coverage of questionnaire approach to select projects and the benefits and shortcomings of this approach. Recognition of oversight as setting the operating environment for managing a project. This speaks to the project office, portfolio management, phase gating, maturity, and balanced score card. Chapter 1. General Introduction Chapter 2. Systems and Models Chapter 3. One Item with a Constant Demand Rate Chapter 4. Time-Varying Demands Chapter 5. Several Products and Locations Chapter 6. Stochastic Demand: One Item with Constant Lead Times Chapter 7. Stochastic Lead Times: The Structure of the Supply System Chapter 8. Several Items with Stochastic Demands Chapter 9. Time-Varying, Stochastic Demand: Policy Optimization Bibliography Appendix A: Optimization and Convexity New cases and snapshots CONTENTS Chapter 1: Modern Project Management Chapter 2: Organization Strategy and Project Selection Chapter 3: Organization: Structure and Culture Chapter 4: Defining the Project Chapter 5: Estimating Project Times and Costs Chapter 6: Developing a Project Plan Chapter 7: Managing Risk Chapter 8: Scheduling Resources and Costs Chapter 9: Reducing Project Duration 63 HED 08 Operations_Dec Sciences.i63 63 10/4/2007 10:09:33 AM OPERATIONS/DECISION SCIENCES Chapter 10: Leadership: Being an Effective Project Manager Chapter 11: Managing Project Teams Chapter 12: Outsourcing: Managing Interorganizational Relations Chapter 13: Progress and Performance Measurement and Evaluation Chapter 14: Project Audit and Closure Chapter 15: International Projects Chapter 16: Oversight Appendix 1: SimProject Case Appendix 2: Computer Project Exercises Analysis. Case: We’ve Got Rhythm! Medtronic Corporation’s Cardiac Pacemaker Business. Article: Creating Project Plans to Focus Product Development. Case: Siemens AG: Global Development Strategy. Article: Building Effective R&D Capabilities Abroad. Case: Project Dreamcast: Serious Play at Sega Enterprises Ltd. Article: Increasing Returns and the New World of Business. Case: Millennium Pharmaceuticals, Inc. Article: Mastering the Value Chain: An Interview with Mark Levin of Millennium Pharmaceuticals International Edition INTRODUCTION TO INFORMATION SYSTEMS PROJECT MANAGEMENT A Systems Approach, 2nd Edition International Edition MANAGING PROJECT AND SERVICE DEVELOPMENT Text and Cases By David L. Olson, University of Nebraska - Lincoln 2004/352pages ISBN-13:978-0-07-287270-5/MHID:0-07-287270-5 (withStudentCD)-OutofPrint ISBN-13:978-0-07-123261-6/MHID:0-07-123261-3[IE] By Stefan H Thomke, Harvard Business School 2007(January2006)/448pages ISBN-13:978-0-07-302301-4/MHID:0-07-302301-9 ISBN-13:978-0-07-110755-6/MHID:0-07-110755-X[IE] http://www.mhhe.com/olson2e http://www.mhhe.com/thomke CONTENTS This text offers a new option for instructors interested in emphasizing a balance between products and services. Managing Product and Service Development is about the managerial aspects critical to conceiving, designing, and developing innovative products and services. The course exposes students to some of the best management practices, tools, and frameworks known today, and introduces new approaches that hold promise for the future. Many texts are either aimed at engineering or marketing specialists and do not adequately address the often difficult general management issues that arise in complex development project. This book does not require training or experience in a technical field but addresses the role of new technologies in product development. In this text students learn about innovation through exploration. All the material has been developed and tested in the MBA and executive education classroom at Harvard Business School. The Instructor’s Manual (IM), as only part of this text’s proven teaching materials, describes an optional student project that complements in-class sessions. 1. Introduction to Project Management 2. Human Aspects of Information Systems Project Management 3. Project Organization 4. Project Selection and Approval 5. Requirements Definition 6. System Development 7. Estimation 8. Quantitative Project Scheduling Methods 9. Probabilistic Scheduling Models 10. Project Implementation 11. Project Control and Assessment Appendix (Microsoft Project) PMBOK Cross References CONTENTS Introduction. ModuleOne:BuildingCapabilitiesforExperimentation,Learning andPrototyping. Module Overview. Case: The Final Voyage of the Challenger. Case: Apple Powerbook: Design Quality and Time to Market. Case: IDEO Product Development. Case: Bank of America. Article: R&D Comes to Services: Bank of America’s Pathbreaking Experiments. Case: Team New Zealand. Article: Enlightened Experimentation: The New Imperative for Innovation. Case: Eli Lilly & Company: Drug Development Strategy. ModuleTwo:DevelopmentProcessDesignandImprovement. Module Overview. Case: Innovation at 3M. Article: Creating Breakthroughs at 3M Note: Understanding User Needs. Case: Product Development at Dell Computer Corporation. Article: Agile Product Development: Managing Flexibility in Uncertain Environments. Case: Developing Products on Internet Time: A Process Design Exercise. Article: Developing Products on Internet Time. Case: BMW AG: The Digital Car Project. Article: The Effect of ‘Front-Loading’ Problem-Solving on Product Development Performance. Case: Bush Boake Allen. Article: Customers as Innovators: A New Way to Create Value. ModuleThree:ManagingDevelopmentNetworks. Module Overview. Case: Microsoft Office: Finding the Suite Spot. Note: Learning from Projects: Note on Conducting a Postmortem International Edition SIM’S PROJECT PLAYER’S MANUAL AND ACCESS CODE By Jeffrey K. Pinto and Diane H. Parente 2003/250pages ISBN-13:978-0-07-293215-7/MHID:0-07-293215-5 ISBN-13:978-0-07-124169-4/MHID:0-07-124169-8 [IEwithCDandAccessCode] With the rapid rise of computers and advanced technology in the classroom have come new pedagogical approaches to teaching. One of the most powerful of these approaches is the use of computer simulations to demonstrate real world business practices, the interrelatedness of various business functions, and the role of competitive decision-making in business. Computer simulations encourage team development, collaboration, global thinking, and a predilection to consider the ramifications of decisions and their effect on the bottom line in other words, many of the skills that are useful to project managers and team members in business. The purpose of this simulation is to tie together many of the salient challenges of project management in order to give students the deepest possible understanding of the complexities involved in undertaking a project. The goal of the simulation will be to have students manage a project from initiation to completion. Within this framework the student will need to employ and develop skills pertinent to personnel selection and training, motiva- 64 HED 08 Operations_Dec Sciences.i64 64 10/4/2007 10:09:33 AM OPERATIONS/DECISION SCIENCES tion, conflict management, and stakeholder management. Students will be required to use planning and scheduling techniques, such as work breakdown structures, PERT/CPM, scope development, and risk analysis. The topical coverage will have approximate coincidence with the Project Management Institute’s Body of Knowledge (PMBOK), insuring that the students gain exposure to those topics recognized by the key professional organization for project manager. Although perfectly useful as a stand-alone piece of software, this simulation can be bundled with either of any project management books, discounting both bundled items. An especially attractive option is to bundle it with the Second Edition of Project Management: The Managerial Process by Gray and Larson. Great pains were taken to coordinate the revision of this book with the development of Pinto and Parente’s simulation. One of the four scenarios used in the simulation has been cast in the form of a continuing case used in the book, thus making a tie in between the book and the simulation. Operations Strategy Includes up-to-date examples of companies engaged in strategic decision-making, with current research from a variety of sources, including the “Leaders for Manufacturing” program at MIT. CONTENTS Chapter 1: Business Strategy Context for Operations Strategy Chapter 2: Vertical Integration Chapter 3: Process Technology Chapter 4: Capacity Strategy Chapter 5: Facilities Strategy and Globalization Chapter 6: Sourcing Chapter 7: Business Process Focused Strategies and Organizational Design Chapter 8: Coordinating the Supply Chain Chapter 9: Information Technology Chapter 10: Cross-Cutting Capabilities--Lean Operations, Quality, and Flexibility Chapter 11: Strategy Development and Practice Quality Control / Management NEW International Edition OPERATIONS STRATEGY Competiting in the 21st Century International Edition QUALITY PLANNING AND ANALYSIS From Product Development Through Use, 5th Edition By Sara Beckman, University of California-Berkeley and Donald Barry Rosenfield, Massachusetts Institute of Technology 2008(May2007)/480pages ISBN-13:978-0-07-250078-3/MHID:0-07-250078-6 ISBN-13:978-0-07-111304-5/MHID:0-07-111304-5[IE] http://www.mhhe.com/beckman08 Operations Strategy: Competing in the 21st Century addresses the basic decisions leaders of operations must address: vertical integration, capacity, facilities, process technology, information technology, sourcing, business process management, capabilities development and supply chain integration. In doing so, the book integrates strategic considerations with analytical models, thereby providing a comprehensive view of these critical decisions and the tools used to help make them. The themes and conclusions offered by the authors are based on recent research, particularly from the Leaders for Manufacturing program at MIT. Students and instructors can be sure that they are receiving the most up-to-date examples of companies engaged in making these decisions. FEATURES Integrates strategic and tactical decision-making: Includes description of basic operations management topics (e.g., quality management), which allows for integration of concepts learned in an introductory OM course or to teach some of the fundamentals along with strategy. Provides practical guidance on: how to tackle each of the operations strategy decisions; specific tools to use in making those decisions; and examples of companies making those decisions. Provides a unifying approach to strategy development (Chapters 1 and 11) By Frank M Gryna Jr., University of Tampa, Joseph A DeFeo and Richard C H Chua of Juran Institute 2007(December2005)/704pages ISBN-13:978-0-07-296662-6/MHID:0-07-296662-9 ISBN-13:978-0-07-125421-2/MHID:0-07-125421-8[IE] http://www.mhhe.com/gryna Through four editions, Juran’s Quality Planning and Analysis has provided students and professionals with an authoritative treatment of the subject that goes beyond statistical techniques. The fifth edition of this highly regarded classic book on managing for quality, Juran’s Quality Planning and Analysis for Enterprise Quality, combines the pioneering concepts of Dr. Joseph M. Juran and the teachings of the late Dr. Frank M. Gryna with the insights and experience of today’s leading trainers and practitioners at the Juran Institute: Dr. Richard Chua, Executive VP and Joseph A. DeFeo, President & Executive Coach. The trademark Juran Institute approach has been retained, developing the viewpoint that the achievement of quality products and services requires the application of managerial, technological, statistical, and behavioral actions throughout all functions of an organization. With real-world problems provided in each chapter, students are faced with realities that confront managers, designers, engineers, marketers, operations personnel, users, and others involved in enterprise quality. This text will challenge readers to make assumptions, estimate economics, reach data-driven conclusions, and adapt themselves to the imperfect world of the practitioner. Students and professionals will also find this book useful as they prepare for various certifications such as the Certified Quality Engineer, Reliability Engineer, Quality Manager, Six Sigma Green Belt and Black Belt. CONTENTS 6) Offers treatment of sourcing and globalization (Chapters 5 and Includes analytic approaches to a wide range of issues Introduction: A Roadmap for Change PartI:Foundation 1. Basic Concepts 2. Companywide Assessment of Quality 65 HED 08 Operations_Dec Sciences.i65 65 10/4/2007 10:09:33 AM OPERATIONS/DECISION SCIENCES 3. Quality Improvement and Cost Reduction 4. Operational Quality Planning and Sales Income 5. Quality Control PartII:ManagerialConcepts 6. Process Management 7. Organization for Quality 8. Strategic Quality Management 9. Developing a Quality Culture PartIII:FunctionalApplications 10. Understanding Customer Needs 11. Designing for Quality 12. Supply Chain Management 13. Operations-Manufacturing Sector 14. Operations-Service Sector 1 5. Inspection, Test, and Measurement 16. Quality Assurance Audits PartIV:StatisticalTechniques 17. Basic Concepts of Statistics and Probability 18. Statistical Tools for Analyzing Data 19. Statistical Tools for Designing for Quality 20. Statistical Process Control Appendix I: Supplementary Problems Using Minitab Appendix II: Study Guide Examples Appendix III: Tables International Edition JURAN’S QUALITY CONTROL HANDBOOK 5th Edition By Joseph Juran and A. Godfrey 1999/1872pages ISBN-13:978-0-07-034003-9/MHID:0-07-034003-X ISBN-13:978-0-07-116539-6/MHID:0-07-116539-8[IE] A Professional Reference Title (International Edition is not for sale in Japan) CONTENTS Part I: Managerial. Part II: Functional. Part III: Industries. Part IV: International. Part V: Statistical. International Edition STATISTICAL QUALITY CONTROL 7th Edition By Eugene Grant, Stanford University, and Richard Leavenworth, University of Florida 1996/764pages ISBN-13:978-0-07-844354-1/MHID:0-07-844354-7 (with3.5”disk)-OutofPrint ISBN-13:978-0-07-116320-0/MHID:0-07-116320-4[IE] International Edition QUALITY MANAGEMENT 3rd Edition CONTENTS By Howard Gitlow, University of Miami, Rosa Oppenheim, Rutgers University, Alan Oppenheim, Montclair State University and David Levine 2005/767pages ISBN-13:978-0-07-299983-9/MHID:0-07-299983-7 (withStudentCD) ISBN-13:978-0-07-112338-9/MHID:0-07-112338-5 [IEwithStudentCD] CONTENTS PartOne:FoundationsofQualityManagement 1 Fundamentals of Quality 2 Fundamentals of Statistical Studies 3 Defining and Documenting a Process PartTwo:ToolsandMethodsofAnalyticStudies 4 Basic Probability and Statistics 5 Stabilizing and Improving a Process with Control Charts 6 Attribute Control Charts 7 Variables Control Charts 8 Out-Of-Control Patterns 9 Diagnosing a Process 10 Specifications 11 Process Capability and Improvement Studies 12 Taguchi Methods-Quality Improvement in Product and Process Design 13 Inspection Policy PartThree:AdministrativeSystemsforQualityManagement 14 Management Commitment to Transformation 15 Management’s Intellectual and Emotional Education 16 Daily Management 17 Cross Functional Management 18 Policy Management (Hoshin Kanri) PartFour:SomeCurrentthinkingAboutStatisticalStudiesand Practice 19 Some Current thinking about Statistical Studies 20 “Six Sigma” Management 1 Introduction and Overview 2 Directions for Simple X and R Charts 3 Why the Control Chart Works; Some Statistical Concepts 4 Why the Control Chart Works; Some Examples 5 Some Fundamentals of The Theory of Probability 6 The Control Chart for Fraction Rejected 7 The Control Chart for Nonconformities 8 Rational Subgrouping 9 Statistical Analysis of Process Capability and for Process Improvement 10 Some Special Process Control Procedures 11 Some Fundamental Concepts in Scientific Sampling 12 An AQL System for Lot-by-Lot Acceptance Sampling by Attributes 13 Other Procedures for Acceptance Sampling by Attributes 14 Systems for Acceptance Sampling from Continuous Production 15 Systems for Acceptance Sampling by Variables 16 Some Aspects of Life Testing and Reliability 17 Some Economic Aspects of Quality Decisions 18 Some Significant Events in the Development of Statistical Quality Control 19 Models for Quality Management and Problem Solving 20 Demonstrating the Operation of Systems of Chance Causes Appendixes 66 HED 08 Operations_Dec Sciences.i66 66 10/4/2007 10:09:34 AM OPERATIONS/DECISION SCIENCES Service Operations Management CONTENTS PARTI:UnderstandingServices Chapter 1: The Role of Services in an Economy Chapter 2: The Nature of Services Chapter 3: Service Strategy PARTII:DesigningtheServiceEnterprise Chapter 4: New Service Development Chapter 5: Technology in Services Chapter 6: Service Quality Chapter 7: Process Improvement (DEA supplement) Chapter 8: The Service Encounter Chapter 9: Supporting Facility and Process Flows Chapter 10: Service Facility Location PARTIII:ManagingServiceOperations Chapter 11: Managing Capacity and Demand Chapter 12: Managing Waiting Lines Chapter 13: Service Supply Relationships Chapter 14: Growth and Globalization of Services Chapter 15: Managing Projects PARTIV:QuantitativeModelsforServiceManagement Chapter 16: Capacity Planning and Queuing Models (Computer Simulation) Chapter 17: Forecasting Demand for Services Chapter 18: Managing Facilitating Goods Appendices: Areas of a Standard Normal Distribution Uniformly Distributed Random Numbers [0,1] Values of Lq for the M/M/c Queuing Model Equations for Selected Queuing Models NEW International Edition SERVICE MANAGEMENT 6th Edition By James Fitzsimmons, University of Texas at Austin and Mona Fitzsimmons 2008(December2007)/512pages ISBN-13:978-0-07-337783-4/MHID:0-07-337783-X ISBN-13:978-0-07-722849-1/MHID:0-07-722849-9 (withStudentCD) ISBN-13:978-0-07-126346-7/MHID:0-07-126346-2[IE] http://www.mhhe.com/fitzsimmons08 Balancing conceptual and applied coverage of all aspects of the management and operation of services, Service Management has maintained the position as market leader through five previous editions. It is the most comprehensive and widely used introduction to service operations on the market, written by one of the top authorities on the subject, and it is designed to develop students’ skills in both strategic and operational issues pertaining to services. New material on Professional Service Firms highlights IBM’s initiative to establish a Service Science, Management, and Engineering discipline. The Sixth Edition also offers the latest information on Six-Sigma and RFID, as well as recent developments in other important industry topics. Text coverage spans both qualitative and quantitative aspects of service management and offers flexibility in courses, offering varying approaches to the study of service operations. The ancillary package includes student CD-ROM and Website that includes selftest quizzes, video clips, ServiceModel Software, and the Mortgage Service Game. FLYING HIGH IN A COMPETITIVE INDUSTRY Cost Effective Service Excellence at Singapore Airlines NEW TO THIS EDITION CONTENTS By Loizos Heracleous, Nitin Pangarkar and Jochen Wirtz 2005/168pages ISBN-13:978-0-07-124964-5/MHID:0-07-124964-8 An Asian Publication A Professional Reference Title In response to the IBM initiative to establish a Service Science, Management, and Engineering (SSME) discipline, Chapter 13 (Service Supply Relationship) incorporates a large new section on the topic of Professional Service Firms and a new case, Boomer Consulting. Professional Service Firms coverage is not available in any other text and is central to the B2B focus of IBM’s research and teaching initiative to promote the discipline of SSME. Significant updates to Chapter 5 (Technology in Services), including coverage of the emerging role of RFID (radio frequency identification) in services and a new section on technology readiness of customers and employees. 1 Introduction 2 The Airline Industry: Trends, Economics, Performance and Strategic Imperatives 3 Key Drivers of SIA’s Performance: Strategic Choices and Resource Deployment Decisions 4 Achieving Cost Effective Service Excellence at Singapore Airlines 5 Innovation as a Key to Sustain Key Excellence 6 Managing People Effectively to Deliver Sustained Service Excellence 7 How to Win in Cut Throat Industries Lessons from Singapore Airlines New Chapter 7 on Process Improvement includes the traditional quality improvement tools (e.g., Deming’s PDCA cycle) and expanded the treatment of Six-Sigma to reflect its popular role as a quality improvement program. Every chapter is updated with new material; new cases include Boomer Consulting and ethnic banks, United Commercial Bank and El Banco. New release of ServiceModel 7.0 student version added to the Student CD packaged with the book. 67 HED 08 Operations_Dec Sciences.i67 67 10/4/2007 10:09:34 AM OPERATIONS/DECISION SCIENCES Purchasing and Supply Chain Management International Edition PROFESSIONAL SERVICES Text and Cases By Thomas DeLong and Ashish Nanda of Harvard Business School 2004/576pages ISBN-13:978-0-07-255920-0/MHID:0-07-255920-9 (OutofPrint) ISBN-13:978-0-07-121326-4/MHID:0-07-121326-0[IE] NEW International Edition http://www.mhhe.com/delongnanda CONTENTS ModuleI:Hambrecht&Quist / AGENCY.COM ModuleII:ThomasWeiselPartners / Woodland Partners: Field of Dreams? / Eggrock Partners, LLC / The HBS California Research Center / Casto Travel / Shouldice Hospital Limited Lebenthal and Co., Inc. / The Bridgespan Group ModuleIII:MorganStanleyDeanWitterPrivateClientServices DiamondintheRough / The Goldman Sachs IPO (A) / Family Feud: Andersen vs. Andersen (A) / The Saga of Prince Jefri and KPMG: Mystery of the Missing Billions / International Profit Associates / Coopers & Lybrand in Hungary Module IV: The Firmwide 360-degree Performance Evaluation Process at Morgan Stanley / Rob Parson at Morgan Stanley / Strategic Services at Andersen Consulting / Bain & Co., Inc.: Making Partner / Venture Law Group Brainard, Bennis & Farrell / McKinsey & Co.: Managing Knowledge and Learning / San Francisco Bay Consulting ModuleV:&Samhoud / The Union Carbide Deal (Abridged) / Jill Greenthal at Donaldson, Lufkin & Jenrette: The TCI/AT&T Deal (A) Module VI: Cambridge Consulting Group: Bob Anderson / McDuffy, Arms & Ginsberg / Charlotte Beers at Ogilvy & Mather Worldwide / Lehman Brothers (A): Rise of the Equity Research Department / Alexander Bandelli / Tom Tierney at Bain & Co. / Infosys Technologies, Limited / NYPD New / Module VII: Tim Hertach at GL Consulting (A) / Professionals’ Quandaries / Tradeoffs: Juggling Careers in PSFs with Private Life / The First Six Months: Launching a PSF Career / Appendix / Note on E-Consulting / Note on Investment Banking MATCHING SUPPLY WITH DEMAND An Introduction to Operations Management, 2nd Edition By Gerard Cachon and Christian Terwiesch of University of Pennsylvania 2009(March2008)/480pages ISBN-13:978-0-07-352516-7/MHID:0-07-352516-2 ISBN-13:978-0-07-126331-3/MHID:0-07-126331-4[IE] (Details unavailable at press time) NEW SUPPLY CHAIN SCIENCE By Wallace Hopp, University of Michigan-Ann Arbor 2008(October2007)/204pages ISBN-13:978-0-07-340332-8/MHID:0-07-340332-6 Supply Chain Science describes the collection of people, resources, and activities involved in bringing materials and information together to produce and deliver goods and services to customers. Through illustrations and analogies to everyday life, the text presents the key concepts that underlie the behavior of operations systems in a largely non-mathematical way. The goal of SCS is to provide a concise framework for understanding how complex production and supply chain systems behave, and therefore enable managers/students to have a stronger basis for management decision making. The range of problems faced by managers dealing with supply chains is almost infinite, which is why a scientific approach is needed. Many published volumes provide detailed explanations on how to solve problems in supply chain management, but they can provide answers for only a limited set of situations. Hopp’s Supply Chain Science explains why systems behave as they do, providing the tools and insights to deal effectively with almost any scenario. FEATURES Organization. The text is organized so that key concepts are introduced in ascending order of complexity, beginning with Station science?results for individual processes, expanding these to Line science?results for flows, and culminating in Network science? the results for complex supply chains. This structure enables readers to build their understanding of supply chains in small, logical steps. Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. Summary of key principles that describe basic behavior of manufacturing and service supply chains (see Appendix B). These principles establish a Science of supply chains- which is unique to this book. Visit McGraw-Hill Education Website: www.mheducation.com Insights by Analogy-illustrate key supply operations concepts by examining familiar, every day phenomena, such as traffic flow, waiting lines, and vending machines. These analogies help make abstract concepts concrete, without relying on mathematical arguments. COMPLIMENTARY COPIES Principles in Practice?sections describe industrial applications of the concepts. These mini cases show how the chapter ideas are of great practical value. 68 HED 08 Operations_Dec Sciences.i68 68 10/4/2007 10:09:34 AM OPERATIONS/DECISION SCIENCES Conceptual questions for Thought-for assignment for each chapter that encourage the reader think managerially. Accessibility. This is the first book to present these concepts in a format readable by people without strong mathematical backgrounds. Most textbooks do not include models and decision support systems robust enough for industry, but that is not true of this new edition. The accompanying CD-ROM also features the return of two simulations, the Computerized Beer Game and the Risk Pool Game and a computerized tool. These simulations help users develop and execute supply chain contracts while also illustrating many of the concepts discussed in the text. CONTENTS NEW TO THIS EDITION PartI:StationScience Chapter 1: Capacity Chapter 2: Variability Chapter 3: Batching PartII:LineScience Chapter 4: Flows Chapter 5: Buffering Chapter 6: Push/Pull PartIII:NetworkScience Chapter 7: Inventory Chapter 8: Risk Chapter 9: Coordination Appendix A: Summary of Notion Appendix B: Supply Chain Science Principles Improved and Integrated Coverage of Technology: This edition reflects a more realistic approach to incorporating technology in today’s companies and this in-depth integration allows readers to better understand how technology implementation, new trends, and customers can affect the design and management of a supply chain. New and Updated Cases: Thanks to reviewer feedback, whenever possible single cases have been replaced with multiple cases giving readers even more opportunities to realistically study of how supply chain management is utilized in real companies better preparing them to be successful managers. More Comprehensive and Complete Ancillary Package: With improved, stronger PowerPoint presentations, and improved teaching notes on the Instructor CD, even instructors without a background in supply chain or those teaching the course for the first time will have their start-up costs reduced and their pool of instructional resources increased by these improved ancillaries. New “Supply Contracts” Tool on Student CD-ROM: Besides the computerized versions of “The Beer Game” and the “Risk Pool Game,” there will be a newly developed electronic tool dealing with supply contracts. Now students have even more support to help them conceptualize strategic supply chain management. NEW LOGISTICS & SUPPLY CHAIN MANAGEMENT CONTENTS By Jonsson 2008(Feb2008)/544pages ISBN-13:978-0-07-711738-2/MHID:0-07-711738-7 Chapter 1: Introduction Chapter 2: Inventory Management and Risk Pooling Chapter 3: Network planning Chapter 4: Supply contracts Chapter 5: The Value of information Chapter 6: Supply Chain integration Chapter 7: Distribution strategies Chapter 8: Strategic alliances Chapter 9: Procurement and Outsourcing Strategies Chapter 10: Global Logistics and Risk Management Chapter 11: Coordinated product and supply chain design Chapter 12: Customer Value Chapter 13: Smart Pricing Chapter 14: Information Technology and Business Processes Chapter 15: Technology standards Appendix A: Computerized Beer Game Appendix B: Risk Pool Game Appendix C: Supply Contract Spreadsheet Appendix D: Bidding Game McGraw-Hill UK Title (Details unavailable at press time) NEW International Edition DESIGNING AND MANAGING THE SUPPLY CHAIN 3rd Edition By David Simchi-Levi, Mass Institute of Tech, Sally Kaminsky, College of Staten Island and Edith Simchi-Levi, Logic Tools Inc., 2008(July2007)/460pages ISBN-13:978-0-07-298239-8/MHID:0-07-298239-X ISBN-13:978-0-07-334152-1/MHID:0-07-334152-5 (withStudentCD) ISBN-13:978-0-07-124477-0/MHID:0-07-124477-8[IE] As the most up-to-date, cutting-edge supply chain management book on the market, the Third Edition of Designing and Managing the Supply Chain discusses the problems, models and concepts derived from issues related to effective supply chain management. While many core supply chain management issues are interrelated, the authors have tried to make each chapter as self-contained as possible so that the reader can refer directly to chapters covering topics of interest. Each chapter utilizes case studies and numerous examples. Mathematical and technical sections can be skipped without loss of continuity. 69 HED 08 Operations_Dec Sciences.i69 69 10/4/2007 10:09:34 AM OPERATIONS/DECISION SCIENCES NEW International Edition PRINCIPLES AND TOOLS FOR SUPPLY CHAIN MANAGEMENT WITH STUDENT CD-ROM By Scott Webster, Syracuse University 2008(December2006)/352pages ISBN-13:978-0-07-287268-2/MHID:0-07-287268-3 ISBN-13:978-0-07-128588-9/MHID:0-07-128588-1[IE] http://www.mhhe.com/webster1e Webster’s Principles and Tools of Supply Chain Management provides a basic introduction to the concepts and tools of supply chain management and delivers an optimal balance of descriptive and analytical material. The book is divided into three parts: Foundation; Principles and Tools; and Synthesis. Part 1 introduces the basic concepts of supply chain management—concepts that are referred to and expanded upon in subsequent chapters; Part 2 focuses on the application of supply chain concepts within the context of particular supply chain activities (i.e., buy, make, moVe, store, or sell); Part 3, consisting of a single chapter, offers a macro perspective of supply chain management. It reconstructs and synthesizes earlier content while taking a “step back” to review and consider the entire system. A case study is included at the end of each chapter. Some of these cases focus on technology. Chapters that introduce analytical models begin with simple analyses and introduce added complexity and realism as the chapter progresses, thereby offering instructors flexibility with respect to the degree of analytical rigor that they are able to require of their students. FEATURES 3 Supply Chain Foundations: System Slack and Related Concepts PARTTWOPRINCIPLESANDTOOLS 4 Demand Management: Processing, Influencing, and Anticipating Demand 5 Supply Management: Trends, Technologies, and Tactics 6 Inventory Management I: Deterministic Analysis 7 Inventory Management II: Stochastic Analysis 8 Capacity Management: Analysis and Psychology 9 Production Management: Flow Control and Scheduling 10 Transportation Management: Elements and Insights Supplement A Diagnostic Analysis Illustration Supplement B International Transportation: Services and Legal Requirements 11 Quality Management: Tools for Process Improvement Supplement Creative Problem Solving: Strategies and Pitfalls PARTTHREESYNTHESIS 12 Supply Chain Strategy: Frameworks and Synthesis Appendix 1 Principles of Nature: Insights into Human and System Behavior Appendix 2 Linchpin of E-Commerce: Basics of Encryption and Digital Signatures Appendix 3 Summary of Notation and Formulas Appendix 4 Standard Normal Probability and Unit Normal Loss Table References / Index International Edition PURCHASING AND SUPPLY MANAGEMENT By W C Benton 2007(June2006)/800pages ISBN-13:978-0-07-352514-3/MHID:0-07-352514-6 ISBN-13:978-0-07-110630-6/MHID:0-07-110630-8[IE] http://www.mhhe.com/benton07 Employs a supply chain framework to discuss relevant operations concepts, tools, and issues. This framework allows instructors to discuss essential core topics in operations management within the context of and with reference to the entire supply chain. The framework also serves to foster the need for students to integrate supply chain issues into their consideration of traditional operations decision areas. Supply chain concepts are covered briefly, facilitated by sharply focused coverage. This approach permits students to grasp concepts quickly and accurately while leaving room for instructors to expand upon particular topics or supplement the text with their own materials. “Concepts/Applications/Tools” pedagogical approach permits rapid student engagement in relevant operations and supply chain management problems and activities. The structure also facilitates opportunities for students to be introduced to and engaged in activities designed to develop an understanding of both the qualitative and quantitative aspects of operations and supply chain management. Two-color, short, paperback format offers good value for students and flexibility for instructors. Permits instructors to add other materials to their course without financially overburdening students. Students will appreciate having a book that is brief enough to be covered in its entirety in one semester. CONTENTS Preface PARTONEFOUNDATION 1 Introduction: Operations and Supply Chain Management 2 Information Technology: ERP Systems, SCA Systems, and ECommerce Purchasing and Supply Management, 1/e, by W.C. Benton, offers insights into the theory, practice, and implementation of supply management issues. A step-by-step approach helps students and professionals gain analytical purchasing skills. Many actual case studies and exercises help students transform purchasing theory into purchasing practice and implementation. Some of the topics include purchasing business processes, price cost analysis, professional services, transportation purchasing, global purchasing, and healthcare purchasing. CONTENTS Preface. Part1:IntroductiontoPurchasingandSupplyManagement. Chapter 1: Purchasing and Supply Management. Chapter 2: Purchasing Decisions and Business Strategy. Chapter 3: The Legal Aspects of Purchasing. Part2:MaterialsManagement. Chapter 4: Materials Management. Chapter 5: Inventory Management. Chapter 6: Just-In-Time (Lean) Purchasing. Chapter 7: Purchasing Procedures, E-Purchasing, and Systems Contracting. Part3:FundamentalsofPurchasingandSupplyManagement. Chapter 8: Supplier Selection and Evaluation. Chapter 9: Global Sourcing. Chapter 10: Purchasing, Supply Partnerships, and Supply Chain Power. Chapter 11: Total Quality Management (TQM) and Purchasing. Part4:Price/CostAnalysisandNegotiationStrategies. Chapter 12: Price Determination. Chapter 13: Bargaining and Negotiations. Part5:SpecialPurchasingApplication. 70 HED 08 Operations_Dec Sciences.i70 70 10/4/2007 10:09:35 AM OPERATIONS/DECISION SCIENCES Chapter 14: Purchasing Transportation Services. Chapter 15: Equipment Acquisition and Disposal. Chapter 16: Healthcare Purchasing and Supply Management. Chapter 17: Procuring Professional Services. Cases. Glossary. Index International Edition MATCHING SUPPLY WITH DEMAND An Introduction to Operations Management By Gerard Cachon and Christian Terwiesch 2006/368pages ISBN-13:978-0-07-291899-1/MHID:0-07-291899-3 ISBN-13:978-0-07-124426-8/MHID:0-07-124426-3[IE] http://www.mhhe.com/cachon_terwiesch International Edition The most authoritative, cutting-edge book for operations management and supply chain management. The book demands rigorous analysis on the part of students. When the use of quantitative tools or formal modeling is indicated, it is only to perform the necessary analysis needed to inform and support a practical business solution. SUPPLY CHAIN LOGISTICS MANAGEMENT 2nd Edition By Donald Bowersox, David Closs and M. Bixby Cooper of Michigan State University—East Lansing 2007(November2005)/464pages ISBN-13:978-0-07-294788-5/MHID:0-07-294788-8 ISBN-13:978-0-07-125414-4/MHID:0-07-125414-5[IE] CONTENTS http://www.mhhe.com/bowersox2e Supply Chain Logistics Management is exciting, and promises to bolster traditional logistics courses and invigorate supply chain management courses. By examining traditional logistics issues within the context of the supply chain, this text captures the current trends in Supply Chain Management and Supply Chain Strategy. Most textbooks approach this subject from a limited perspective, studying only internal functions of an organization to the exclusion of issues that relate to the entire supply chain in an integrated enterprise. Supply Chain Logistics Management provides a solid foundation that clearly describes the role of logistics within the supply chain, portraying a complete view of the subject and extending to show how all the pieces fit together. CONTENTS PART ONE – SUPPLY CHAIN LOGISTICS MANAGEMENT Chapter 1 21st Century Supply Chains Chapter 2 Logistics Chapter 3 Customer Accommodation Chapter 4 Procurement and Manufacturing Chapter 5 Information Technology Framework PART TWO – SUPPLY CHAIN LOGISTICS OPERATIONS Chapter 6 Inventory Chapter 7 Transportation Infrastructure Chapter 8 Transportation Operations Chapter 9 Warehousing Chapter 10 Packaging and Materials Handling Chapter 11 Operational Integration PART THREE – SUPPLY CHAIN LOGISTICS DESIGN Chapter 12 Global Strategic Positioning Chapter 13 Network Integration Chapter 14 Logistics Design and Operational Planning PART FOUR – SUPPLY CHAIN LOGISTICS ADMINSTRATION Chapter 15 Relationship Development and Management Chapter 16 Operational, Financial and Social Performance EPILOGUE Chapter 1 Introduction Chapter 2 The Process View of the Organization Chapter 3 Understanding the Supply Process: Evaluation Process Capacity Chapter 4 Estimating and Reducing Labor Costs Chapter 5 Bathing and Other Flow Interruptions: Set-up Times and the Economic Order Quantity Model Chapter 6 Variability and Its Impact on Process Performance: Waiting Time Problems Chapter 7 The Impact of Variability on Process Performance: Throughput Losses Chapter 8 Fundamentals of Quality and the Toyota Production System Chapter 9 Betting on Uncertain Demand: The Newsvendor Model Chapter 10 Make-To-Order and Quick Response with Reactive Capacity Chapter 11 Service Levels and Lead Times in Supply Chains: The Order up-to Inventory Model Chapter 12 Risk Pooling Strategies to Reduce and Hedge Uncertainty Chapter 13 Revenue Management with Capacity Controls Chapter 14 Supply Chain Coordination Appendix / Glossary / References / Index of “How to” exhibits / Summary of key equations / Index International Edition PURCHASING AND SUPPLY MANAGEMENT 13th Edition By Michael Leenders and P Fraser Johnson of University of Western Ontario, Anna Flynn, Vice president of Institute of Supply Management and Harold E Fearon, Center for Advanced Purchasing Studies, Emeritus 2006/588pages ISBN-13:978-0-07-287379-5/MHID:0-07-287379-5 ISBN-13:978-0-07-124966-9/MHID:0-07-124966-4[IE] http://www.mhhe.com/leenders13e The Leenders’ text provides a comprehensive introduction to the purchasing and supply chain management field, supported by 50 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. Supply Management concepts, both strategic and tactical, have been expanded throughout the text, particularly in new chapters on Supply Law and Ethics, Public Supply, and Supplier Relations. While all basic tenets of the purchasing function and cost issues remain, the coverage of the field is state of the art highlighting the supply chain approach. 71 HED 08 Operations_Dec Sciences.i71 71 10/4/2007 10:09:35 AM OPERATIONS/DECISION SCIENCES 21. Relationship and Contract Management 22. Supplier Development 23. Alliance Development 24. Ethics 25. Legal VII.IntegratingtheSupplyChain: 26. Demand Management VIII.InstitutionalandGovernmentProcurement: 27. Supply Management in Institutions 28. Government Procurement IX.SupplyChainManagement: 29. World Class Supply Management (sm) : The Key to Supply Chain Management. CONTENTS Chapter 1 – Purchasing and Supply Management Chapter 2 – Supply Organization Chapter 3 – Supply Processes Chapter 4 – Information Systems and Technology Chapter 5 – Quality, Specification and Service Chapter 6 – Quantity and Inventory Chapter 7 – Transportation and Delivery Chapter 8 – Price Chapter 9 – Cost Management, Discounts, and Negotiation Chapter 10 – Supplier Selection Chapter 11 – Investment Recovery Chapter12 – Supply Law and Ethics Chapter 13 – Research and Metrics Chapter 14 – Global Supply Chapter 15 – Public Supply Management Chapter 16 – Capital Goods Chapter 17 – Services Chapter 18 – Make or Buy, Insourcing, and Outsourcing Chapter 19 – Supplier Relations Chapter 20 – Strategy in Purchasing and Supply Management CASE INDEX SUBJECT INDEX Enterprise Resource Planning SAP R/3 ENTERPRISE SOFTWARE An Introduction International Edition By Roger Hayen, Central Michigan University 2007(May2006)/304pages ISBN-13:978-0-07-299067-6/MHID:0-07-299067-8 WORLD CLASS SUPPLY MANAGEMENT The Key to Supply Chain Management with Student CD (Cases), 7th Edition http://www.mhhe.com/hayen By David N. Burt, University of San Diego and Donald W. Dobler, Colorado State University, Emeritus 2003 ISBN-13:978-0-07-283156-6/MHID:0-07-283156-1 (withCD-ROM) ISBN-13:978-0-07-123627-0/MHID:0-07-123627-9 [IEwithCD-ROM] This text is written by Dr. Roger Hayen, a SAP R/3 instructor at Central Michigan University, one of three universities in the U.S. to offer SAP R/3 certification for students in an SAP University Alliance program, called “Process Integration Certification Academy”. Hayen’s extensive familiarity with the subject provides a useful introduction to the essential concepts of the SAP R/3 System, with the opportunity for hands-on implementation of those concepts. The text’s succinct, yet thorough coverage makes it versatile, so that it is appropriate for both student instruction and professional training and reference. http://www.mhhe.com/burt7e CONTENTS CONTENTS ITheFoundation: 1. World Class Supply Management 2. Purchasing Becomes Supply Management 3. Supply Management: An Organization-Spanning Activity 4. Supply Management: Implementor of Three of the Firm’s Social Responsibilities II.EnablingConcepts: 5. Three Types of Buyer-Supplier Relationships 6. Cross-Functional Teams 7. Quality 8. Total Cost of Ownership 9. e-Procurement III.TheRequirementsProcess: 10. New Product Development 11. Specifications and Standardization 12. Equipment 13. Services IV.StrategicSourcing: 14. Make or BuyOutsourcing 15. Source Selection 16. Global Supply Management V.StrategicCostManagement: 17. Pricing 18. Cost Analysis 19. Types of Compensation 20. Negotiation VI.RelationshipManagement: Preface. Part1UnderstandingEnterpriseSoftware. Chapter 1 Overview. Chapter 2 Navigation and Systems Operation. Chapter 3 Application Modules. Chapter 4 Businesses Processes. Chapter 5 Web Application Server. Chapter 6 Internet Enabled Solutions. Chapter 7 Configuration. Chapter 8 Implementation Framework. Chapter 9 Organization Structure. Chapter 10 Customizing Tools. Part2DisplayingSAPR/3Information. Chapter 11 Exploring System Capabilities. Part3ProcessingSAPR/3Transactions. Chapter 12 Customer Order to Cash Cycle Processes. Summary. Appendix Quick Check Answers 72 HED 08 Operations_Dec Sciences.i72 72 10/4/2007 10:09:35 AM OPERATIONS/DECISION SCIENCES Data Mining Operation Research International Edition International Edition INTRODUCTION TO OPERATIONS RESEARCH 8th Edition INTRODUCTION TO BUSINESS DATA MINING By David Olson and Yong Shi of University of Nebraska-Omaha 2007(November2005)/288pages ISBN-13:978-0-07-295971-0/MHID:0-07-295971-1 ISBN-13:978-0-07-124470-1/MHID:0-07-124470-0[IE] http://www.mhhe.com/olson1e Introduction to Business Data Mining was developed to introduce students, as opposed to professional practitioners or engineering students, to the fundamental concepts of data mining. Most importantly, this text shows readers how to gather and analyze large sets of data to gain useful business understanding. A four part organization introduces the material (Part I), describes and demonstrated basic data mining algorithms (Part II), focuses on the business applications of data mining (Part III), and presents an overview of the developing areas in this field, including web mining, text mining, and the ethical aspects of data mining. (Part IV). The author team has had extensive experience with the quantitative analysis of business as well as with data mining analysis. They have both taught this material and used their own graduate students to prepare the text’s data mining reports. Using real-world vignettes and their extensive knowledge of this new subject, David Olson and Yong Shi have created a text that demonstrates data mining processes and techniques needed for business applications. CONTENTS PartI:INTRODUCTION Chapter 1: Initial Description of Data Mining in Business Chapter 2: Data Mining Processes and Knowledge Discovery Chapter 3: Database Support to Data Mining PartII:DATAMININGMETHODSASTOOLS Chapter 4: Overview of Data Mining Techniques Chapter 4 Appendix: Enterprise Miner Demonstration on Expenditure Data Set Chapter 5: Cluster Analysis Chapter 5 Appendix: Clementine Chapter 6: Regression Algorithms in Data Mining Chapter 7: Neural Networks in Data Mining Chapter 8: Decision Tree Algorithms Appendix 8: Demonstration of See5 Decision Tree Analysis Chapter 9: Linear Programming-Based Methods Chapter 9 Appendix: Data Mining Linear Programming Formulations PartIII:BUSINESSAPPLICATIONS Chapter 10: Business Data Mining Applications Applications Chapter 11: Market-Basket Analysis Chapter 11 Appendix: Market-Basket Procedure PartIV:DEVELOPINGISSUES Chapter 12: Text and Web Mining Chapter 12 Appendix: Semantic Text Analysis Chapter 13: Ethical Aspects of Data Mining By Frederick Hillier, Stanford University and Gerald Lieberman (Deceased) 2005/1088pages ISBN-13:978-0-07-321114-5/MHID:0-07-321114-1 (withRevisedCD-ROM) ISBN-13:978-0-07-123828-1/MHID:0-07-123828-X [IEwithCD-ROMandOLC] www.mhhe.com/hillier CONTENTS Chapter 1: Introduction Chapter 2: Overview of the Operations Research Modeling Approach Chapter 3: Introduction to Linear Programming Chapter 4: Solving Linear Programming Problems: The Simplex Method Chapter 5: The Theory of the Simplex Method Chapter 6: Duality Theory and Sensitivity Analysis Chapter 7: Other Algorithms for Linear Programming Chapter 8: The Transportation and Assignment Problems Chapter 9: Network Optimization Models Chapter 10: Dynamic Programming Chapter 11: Integer Programming Chapter 12: Nonlinear Programming Chapter 13: Metaheuristics Chapter 14: Game Theory Chapter 15: Decision Analysis Chapter 16: Markov Chains Chapter 17: Queueing Theory Chapter 18: Inventory Theory Chapter 19: Markov Decision Processes Chapter 20: Simulation Appendixes SupplementsontheCD-ROMandtheOnlineLearningCenter Additional Cases Supplement to Appendix 3.1 More about LINGO Supplement to Chapter 7 Linear Goal Programming and Its Solution Procedures Supplement to Chapter 8 A Case Study with Many Transportation Problems Supplement 1 to Chapter 18 Derivation of the Optimal Policy for the Stochastic Single-Period Model for Perishable Products Supplement 2 to Chapter 18 Stochastic Periodic-Review Models Supplement 1 to Chapter 20 Variance-Reducing Techniques Supplement 2 to Chapter 20 Regenerative Method of Statistical Analysis 21 The Art of Modeling with Spreadsheets 22 Project Management with PERT/CPM 23 Additional Special Types of Linear Programming Problems 24 Probability Theory 25 Reliability 26 The Application of Queueing Theory 27 Forecasting 28 Examples of Performing Simulations on Spreadsheets with Crystal Ball Appendix 6 Simultaneous Linear Equations 73 HED 08 Operations_Dec Sciences.i73 73 10/4/2007 10:09:35 AM OPERATIONS/DECISION SCIENCES SCHAUM’S OUTLINE OF OPERATIONS RESEARCH 2nd Edition International Edition WORLD-CLASS WAREHOUSING AND MATERIAL HANDLING By Richard Bronson, Fairleigh Dickinson College and Goovindasami Naadimuthu of Fairleigh Dickinson University 1998/456pages ISBN-13:978-0-07-008020-1/MHID:0-07-008020-8 A Schaum’s Publication Tackling the broad range of allocation problems that actually confront engineers, programmers and analysts in today’s business and industrial worlds, this book takes readers step-by-step through all the mathematical programming techniques--including the trailblazing Karmarkar algorithm--needed to excel in any operations research course. It’s easy to see why the first edition of this invaluable study guide sole more than 35,000 copies! It cuts down study time while it builds essential skills. Logistics & Supply Chain Management By Edward Frazelle, The Logistics Institute at Georgia Tech 2002/280pages ISBN-13:978-0-07-137600-6/MHID:0-07-137600-3 ISBN-13:978-0-07-122686-8/MHID:0-07-122686-9[IE] A Professional Reference Title Warehousing continues to play a critical role in assuring high levels of customer service and overall logistics performance. Efficient warehousing can minimize the effects of supply chain inefficiencies; can improve logistics accuracy and inventory management; and can allow for product accumulation, consolidation, and customization. The cost of warehousing should be commensurate with the contribution of warehousing to overall logistics performance—typically between 2% and 5% of corporate revenue. In world-class warehousing these costs are minimized while also improving customer service. The principles and systems described in this book are common denominators of world-class warehousing. The principles have been developed over a decade of logistics research, education and consulting project experience. World-Class Warehousing and Material Handling can be used to develop a warehouse master plan to support the corporation’s overall logistics strategy. (Professional References) Project Management (Professional References) SUPPLY CHAIN COST MANAGEMENT By Jimmy Anklesaria 2007(November2007)/256pages ISBN-13:978-0-81-447475-4MHID:0-814-47475-6 A Professional Reference Title For most supply chains, cost reduction is imperative to long-term survival. Yet identifying the costs that can be eliminated—and then doing so effectively— can prove impossible without the right method. This book introduces the same process the author has used to save companies like IBM, Kodak, and DuPont billions of dollars, simply by harnessing the knowledge of suppliers. Using reallife case studies and examples. The book gives readers everything they need to implement this powerful system, and bring genuine and permanent savings to their company. MASTERING PROJECT MANAGEMENT Applying Advanced Concepts to Systems Thinking, Control & Evaluation, Resource Allocation, 2nd Edition By James Lewis, The Lewis Institute Inc 2008(August2007)/464pages ISBN-13:978-0-07-146291-4/MHID:0-07-146291-0 A Professional Reference Title Written by one of the world’s most recognized authorities on project management, the field’s gold standard reference for nearly a decade has been revised to include more than 35% new or updated material. CONTENTS Part1:whatit’sallabout Chapter 1: So you want to master project management Chapter 2: The job of managing Chapter 3: Integrating leadership and management Chapter 4: Leading to Learn and Learning to Lead…..Dr. Tom Boldrey Chapter 5: Whole brain project management Chapter 6: HT Achieve High performance Project management Chapter 7: Power and Politics for Project management Chapter 8: Dealing with cultural differences Chapter 9: Defining Success and Failure Chapter 10: Organizing for project management Part2:ToolsandTechniques Chapter 11: A Review of the Standard Tools Chapter 12: The need for systems thinking in project management Complimentarydeskcopiesareavailablefor courseadoptiononly.Kindlycontactyour localMcGraw-HillRepresentativeorfaxthe ExaminationCopyRequestFormavailableon thebackpagesofthiscatalog. Visit McGraw-Hill Education Website: www.mheducation.com COMPLIMENTARY COPIES 74 HED 08 Operations_Dec Sciences.i74 74 10/4/2007 10:09:35 AM OPERATIONS/DECISION SCIENCES Chapter 13: Understanding Systems thinking Chapter 14: HT Apply systems thinking in managing projects Chapter 15: Managing project Risks Chapter 16: Improving decisions in projects Part3:Planning Chapter 17: Developing a Shared Understanding of a Project Chapter 18: Identifying Customer Requirements Chapter 19: Managing resources in project Scheduling Chapter 20: Scheduling Uncertainty in projects Part4:Control Chapter 21: Tracking progress to Achieve project Control Chapter 22: Accounting and Cost control Chapter 23: Change control in project Chapter 24: Managing vendors in projects Chapter 25: Conducting project reviews Chapter 26: managing quality projects Part5:OptimizingProjectperformance Chapter 27: Improving project management processes Chapter 28: Improving Estimating capability Chapter 29: Managing Innovation in projeects CONTENTS PREFACE / ACKNOWLEDGMENTS / INTRODUCTION Part1:Introduction Chapter 1: The Evolution of Project Management Chapter 2: Why Project Management? Chapter 3: The Project Management Process Part2:TheStrategicContextofProjects Chapter 4: When to Use Project Management Chapter 5: The Strategic Context of Projects Chapter 6: The Board of Directors and Major Projects Chapter 7: Project Stakeholder Management Chapter 8: Strategic Issues in Project Management Part3:OrganizationalDesignforProjectManagement Chapter 9: Organizing for Project Management Chapter 10: Project Portfolio Management Chapter 11: Project Authority Chapter 12: Project Management Maturity Part4:ProjectOperations Chapter 13: Project Planning Chapter 14: Project Management Information System Chapter 15: Project Monitoring. Evaluation, and Control Chapter 16: The Project Earned Value Management System Chapter 17: Project Termination Part5:InterpersonalDynamicsintheManagementofProjects Chapter 18: Project Leadership Chapter 19: Project Communications Chapter 20: Successful Project Teams Part6:TheCulturalElements Chapter 21: Continuous Improvement Through Projects Chapter 22: Cultural Considerations in Project Management Part7:NewProspects Chapter 23: Alternative Project Teams INDEX International Edition PROJECT MANAGEMENT 5th Edition By David Cleland, University of Pittsburgh and Lewis Ireland, President of the American Society 2007(August2006)/688pages ISBN-13:978-0-07-147160-2/MHID:0-07-147160-X ISBN-13:978-0-07-126237-8/MHID:0-07-126237-7[IE] A Professional Reference Title Today’s Most Effective Guide for Applying Project Management to Implement Organizational Strategies -- Now Updated and Expanded! Project Management: Strategic Design and Implementation delivers complete guidance on applying the theory, processes, practices, and techniques of project management to support strategic planning. Written by two world-renowned project management leaders, this new edition presents the latest methods for using flexible teams to implement organizational strategies -- especially changes to products, services, and processes. Designed for use in both large and small organizations, this updated classic ranges from the project management process…to project planning, monitoring, evaluation, and control…to continuous improvement through projects. This resource offers new material on project portfolio management, earned value, project management maturity, nontraditional teams, project partnering, project management outsourcing, and much more. The Fifth edition of Project Management: Strategic Design and Implementation features: Detailed coverage of all advances in project management theory and practice Helpful sections added to each chapter, including chapter summary, additional sources of information, discussion questions, project management principles, case study, assignment, and checklist Updated examples and exercises on key project management topics PROJECT MANAGEMENT 24 Steps to Help You Master Any Project By Gary Heerkens, Management Solutions Group 2007(June2007)/128pages ISBN-13:978-0-07-148652-1/MHID:0-07-148652-6 A Professional Reference Title Project Management gives you proven guidance in both the science and art of becoming an effective project manager, from coordinating and documenting the work to leading people to developing (and trusting!) your own judgment. Filled with action steps, this practical guide helps you get comfortable with the tools of project planning as well as cultivate smooth working relationships with people inside and outside your organization in order to achieve your goals. You’ll see how to: Understand exactly what is required of you in your role Develop a logical plan of action Lead and motivate a team while actively managing your communication channels Make the best decisions for the project-and seek acceptable solutions rather than perfect ones Perform financial analyses and terminate unworthy projects in order to meet a bottom-line, long-term objective A larger format with sidebars to highlight major issues Manage all project stakeholders through consistent measuring against a pre-announced baseline for productivity This new material: chapters on “The Evolution of Project Management” and “Successful Project Teams” Effective project management isn’t easy, but the payoff can be hugeboth for you and for your organization. Project Management helps you develop the foundation you need to be successful in any project initiative. 75 HED 08 Operations_Dec Sciences.i75 75 10/4/2007 10:09:36 AM OPERATIONS/DECISION SCIENCES CONTENTS INVITATION TO PUBLISH 1. Planning and executing strategy 2. Manage strategically 3. Follow the logic 4. Assess your readiness 5. Plan to plan 6. Define your business 7. Assess your situation 8. Understand your model 9. Know your market 10. Assess the terrain 11. Understand opportunities and threats 12. Set feasible goals 13. Strategize for goals 14. Set priorities 15. Pursue your purpose 16. Follow your mission 17. write the business plan 18. Write the annual plan 19. Get the right people 20. Obtain commitment 21. Align with strategy 22. Work across functions 23. Execute with discipline 24. Monitor and improve 25. Learn, change, institutionalize McGraw-Hill is interested in reviewing manuscript for publication. Please contact your local McGraw-Hill office or email to [email protected] Visit McGraw-Hill Education (Asia) Website: www.mcgraw-hill.com.sg 76 HED 08 Operations_Dec Sciences.i76 76 10/4/2007 10:09:36 AM TITLE INDEX A Annual Editions: Economics, 34e Cole 16, 31 Applied Linear Regression Models, 4e Neter 89 Applied Linear Statistical Models, 5e Kutner 88 Applied Statistics in Business and Economics with Student CD, 2e Doane 79 Applied Statistics in Business and Economics with Student CD-ROM Doane 82 Basic Econometrics, 4e Gujarati 39 Basic Statistics for Business and Economics, 6e Lind 80 Basic Statistics for Business and Economics, 5e Lind 83 Basic Statistics Using Excel and MegaStat Orris 82 Basic Statistics Using Excel for use with Statistical Techniques in Business & Economics, 13e Lind 85 Business Dynamics: Systems Thinking and Modeling for a Complex World Sterman 53 Business Environment [TMH] Paul 38 Business Forecasting, 5e Wilson 86 Business Information: Finding and Using Data in the Digital Age Zagorsky 88 Business Research Methods, 2e Blumberg 87 Business Research Methods, 10e Cooper 87 Business Statistics in Practice, 4e Bowerman 82 Business Statistics, 2e [TMH] Beri 84 Chinese Economy Cai 49 Complete Business Statistics, 7e Aczel 79 Complete Business Statistics, 6e Aczel 83 Concise Guide to Macroeconomics Moss 21 Contemporary Labor Economics, 8e McConnell 46 Data Interpretation and Logical Reasoning for CAT, 3e [TMH] Sharma 89 Decision Making and Forecasting Marshall 87 Designing and Managing the Supply Chain, 3e Simchi-Levi 69 Econometric Methods, 4e Johnston 40 Econometric Models and Economic Forecasts, 4e Pindyck 40 Econometrics Schmidt 39 Economic Growth and Development Van Den Berg 48 Economic Principles, 2e Jackson 13 B C D E 95 HED 08 Econs & Dec Science Index95 95 10/4/2007 10:09:10 AM TITLE INDEX Economics, 8e [UK] Begg 14 Economics, 7e Colander Economics, 17e McConnell 10 Economics, 18e Samuelson 15 Economics, 8e Slavin 12 Economics for Business, 2e Begg 28 Economics of European Integration, 2e (The) [UK] Baldwin 49 Economics of Social Issues, 18e Sharp 30 Economics of Organizations and Strategy (The) [UK] Richard 37 Economy Today, 11e (The) Schiller 11 Environmental Economics, 4e Field 37 Essentials of Business Statistics, 2e Bowerman 79 Essentials of Econometrics, 3e Gujarati 38 Essentials of Economics Brue Essentials of Economics, 7e Schiller 27 Essentials of Economics, 6e Schiller 28 Essentials of Math with Business Applications: Student Edition, 7e Nelson 94 Essential Statistics in Business and Economics Doane 80 Experiments with Economic Principles: Microeconomics, 2e Bergstrom 17 Factory Physics, 3e Hopp 62 Flying High in a Competitive Industry: Cost Effective Service Excellence at Singapore Airlines Heracleous 67 Forecasting, Principles and Application Delurgio 86 Foundations of Economics, 3e Begg 28 Foundations of Inventory Management Zipkin 63 Fundamental Methods of Mathematical Economics, 4e Chiang 41 History of Economic Theory and Method, 4e (A) Ekelund 45 Hong Kong Economy: From Recovery to Restructure (The) Li 49 Interactive Models for Operations and Supply Chain Management with CD Finch 56 International Economics, 6e Appleyard 43 International Economics, 4e [TMH] Cherunilam 45 International Economics, 13e Pugel 44 International Economics Van Den Berg 45 Introduction to Business Data Mining Olson 73 Introduction to Information Systems Project Management: A Systems Approach, 2e Olson 64 9 12, 27 F H I 96 HED 08 Econs & Dec Science Index96 96 10/4/2007 10:09:10 AM TITLE INDEX Introduction to Operations Reserach, 8e Hillier 73 Introduction to Management Science Stevenson 60 Introduction to Management Science: A Modeling and Case Studies Approach w/Spreadsheets, 3e Hillier 59 Issues in Economics Today, 4e Guell 29 Juran 66 Labor Economics, 4e Borjas 46 Logistics & Supply Chain Management [UK] Jonsson 69 Macroeconomics, 7e Colander 18 Macroeconomics, 2e DeLong 32 Macroeconomics, 2e [Aust] Dornbusch 32 Macroeconomics, 10e Dornbusch 31 Macroeconomics, 17e McConnell 18 Macroeconomics, 8e Jackson 21 Macroeconomics, 18e Samuelson 22 Macroeconomics, 8e Slavin 20 Macro Economy Today, 11e (The) Schiller 19 Managerial Economics, 9e Thomas 36 Managerial Economics and Business Strategy, 6e Baye 35 Managerial Economics and Organizational Architecture, 4e Brickley 36 Managing Project and Service Development: Text and Cases Thomke 64 Manufacturing Planning and Control Systems, 5e Vollmann 63 Mastering Project Management, 2e Lewis 74 Matching Supply with Demand: An Introduction to Operations Management, 2e Cachon 53, 68 Matching Supply with Demand: An Introduction to Operations Management Cachon 57, 71 Mathematics for Economics Taylor 40 Mathematics of Money with Student CD (The) Biehler 93 Microeconomics and Behavior, 7e Frank 34 Microeconomics Bernheim 33 Microeconomics, 7e Colander 22 Microeconomics, 8e [Aust] Jackson 26 Microeconomics, 3e Katz 35 Microeconomics, 8e Slavin 25 Microeconomics, 17e McConnell 23 Microeconomics [UK] Morgan 34 Microeconomics, 18e Samuelson 27 J Juran’s Quality Control Handbook, 5e L M 97 HED 08 Econs & Dec Science Index97 97 10/4/2007 10:09:10 AM TITLE INDEX Mico Economy Today, 11e (The) Schiller 24 Money, Banking and Financial Markets, 2e Cecchetti 42 Money, Banking and Financial Markets Cecchetti 43 Operations and Supply Management, 12e Jacobs 53 Operations and Supply Management: The Core Jacobs 55 Operations Management, 7e Knod 58 Operations Management [UK] Leseure 56 Operations Management, 9e Stevenson 56 Operations Management for Competitive Advantage, 11e Chase 57 Operations Management: Contemporary Concepts and Cases, 4e Schroeder 54 Operations Management: Integrating Manufacturing and Services, 5e Davis 58 Operations Management Software Windows Moses 59 Operations Management Video Series Vol. XII DVD, 9e Irwin/McGraw-Hill 56 Operations Now: Supply Chain Profitability and Performance with Student DVD, 3e Finch 54 Operations Strategy: Competiting in the 21st Century Beckman 65 Origin of Wealth (The) Beinhocker 12 Power of Macroeconomics CD-ROM (The) Navarro 15 Power of Microeconomics CD-ROM (The) Navarro 16 Practical Business Math Procedures, 9e Slater 93 Practical Business Statistics, 5e Siegel 84 Professional Services: Text and Cases DeLong 68 Principles and Tools for Supply Chain Management with Student CD-ROM Webster 70 Principles of Economics [UK] Frank 14 Principles of Economics, 3e Frank 13 Principles of Macroeconomics, 3e Frank 21 Principles of Microeconomics [Aust] Frank 26 Principles of Microeconomics, 3e Frank 25 Production and Operations Analysis, 6e Nahmias 62 Production and Operations Analysis, 5e Nahmias 62 Project Management, 5e Cleland 75 Project Management: 24 Steps to Help You Master Any Project Heerkens 75 Project Management: The Managerial Process, 4e Gray 63 Public Finance, 8e Rosen 47 Purchasing and Supply Management Benton 70 Purchasing and Supply Management, 13e Leenders 71 O P 98 HED 08 Econs & Dec Science Index98 98 10/4/2007 10:09:10 AM TITLE INDEX Q Quality Management, 3e Gitlow 66 Quality Planning and Analysis: From Product Development though Use, 5e Gryna 65 Quantitative Methods for Business, 2e Dewhurst 61 Quantitative Techniques in Management, 3e [TMH] Vohra 61 SAP R/3 Enterprise Software: An Introduction Hayen 59, 72 Schaum’s Easy Outline of Business Statistics Kazmier 85 Schaum’s Easy Outline of Introduction to Mathematical Economics Dowling 40 Schaum’s Outline of Basic Business Mathematics, 2e Lerner 94 Schaum’s Outline of Beginning Statistics, 2e Stephens 85 Schaum’s Outline of Business Statistics, 4e Kazmier 85 Schaum’s Outline of Easy Outline of Principles of Economics Salvatore 17 Schaum’s Outline of International Economics, 4e Salvatore 45 Schaum’s Outline of Introduction to Mathematical Economics, 3e Dowling 41 Schaum’s Outline of Macroeconomics, 3e Diulio 17 Schaum’s Outline of Microeconomic Theory, 4e Salvatore 49 Schaum’s Outline of Operations Management, 2e Monks 58 Schaum’s Outline of Operations Research, 2e Bronson 74 Schaum’s Outline of Principles of Economics, 2e Salvatore 17 Schaum’s Outline of Probability and Statistics, 2e Spiegel 86 Schaum’s Outline of Statistics and Econometrics, 2e Salvatore Service Management, 6e Fitzsimmons 67 Sim’s Project Player’s Manual and Access Code Pinto 64 Spreadsheet Modeling for Business Decisions Kros 60 Statistical Quality Control, 7e Grant 66 Statistical Techniques in Business and Economics, 13e Lind 81 Statistics: A First Course, 6e Sanders 84 Statistics for Business, Economics, Management & Finance [UK] Nieuwenhuis 81 Structure of Economics: A Mathematical Analysis, 3e (The) Silberberg 41 Supply Chain Cost Management Anklesaria 74 Supply Chain Logistics Management, 2e Bowersox 71 Supply Chain Science Hopp 68 Bonello 30 S 39, 85 T Taking Sides: Clashing Views on Economic Issues, 13e 99 HED 08 Econs & Dec Science Index99 99 10/4/2007 10:09:10 AM TITLE INDEX U Urban Economics, 6e O’Sullivan 47 World Class Supply Management: The Key to Supply Chain Management w/Student CD (Cases), 7e Burt 72 World-Class Warehousing and Material Handling Frazelle 74 W 100 HED 08 Econs & Dec Science Index100 100 10/4/2007 10:09:10 AM AUTHOR INDEX A Aczel Complete Business Statistics, 7e 79 Aczel Complete Business Statistics, 6e 83 Anklesaria Supply Chain Cost Management 74 Appleyard International Economics, 6e 43 Baldwin Economics of European Integration, 2e (The) [UK] 49 Baye Managerial Economics and Business Strategy, 6e 35 Beckman Operations Strategy: Competiting in the 21st Century 65 Begg Economics, 8e [UK] 14 Begg Economics for Business, 2e 28 Begg Foundations of Economics, 3e 28 Beinhocker Origin of Wealth (The) 12 Benton Purchasing and Supply Management 70 Bergstrom Experiments with Economic Principles: Microeconomics, 2e 17 Beri Business Statistics, 2e [TMH] 84 Bernheim Microeconomics 33 Biehler Mathematics of Money with Student CD (The) 93 Blumberg Business Research Methods, 2e 87 Bonello Taking Sides: Clashing Views on Economic Issues, 13e 30 Borjas Labor Economics, 4e 46 Bowerman Business Statistics in Practice, 4e 82 Bowerman Essentials of Business Statistics, 2e 79 Bowersox Supply Chain Logistics Management, 2e 71 Brickley Managerial Economics and Organizational Architecture, 4e 36 Bronson Schaum’s Outline of Operations Research, 2e 74 Brue Essentials of Economics Burt World Class Supply Management: The Key to Supply Chain Management w/Student CD (Cases), 7e B 12, 27 72 C Cachon Matching Supply with Demand: An Introduction to Operations Management, 2e 53, 68 Cachon Matching Supply with Demand: An Introduction to Operations Management 57, 71 Cai Chinese Economy 49 Cecchetti Money, Banking and Financial Markets, 2e 42 Cecchetti Money, Banking and Financial Markets 43 Chase Operations Management for Competitive Advantage, 11e 57 Cherunilam International Economics, 4e [TMH] 45 Chiang Fundamental Methods of Mathematical Economics, 4e 41 Cleland Project Management, 5e 75 101 HED 08 Econs & Dec Science Index101 101 10/4/2007 10:09:10 AM AUTHOR INDEX Colander Economics, 7e 9 Colander Macroeconomics, 7e 18 Colander Microeconomics, 7e 22 Cole Annual Editions: Economics, 34e Cooper Business Research Methods, 10e 87 Davis Operations Management: Integrating Manufacturing and Services, 5e 58 DeLong Macroeconomics, 2e 32 DeLong Professional Services: Text and Cases 68 Delurgio Forecasting, Principles and Application 86 Dewhurst Quantitative Methods for Business, 2e 61 Diulio Schaum’s Outline of Macroeconomics, 3e 17 Doane Applied Statistics in Business and Economics with Student CD, 2e 79 Doane Applied Statistics in Business and Economics with Student CD-ROM 82 Doane Essential Statistics in Business and Economics 80 Dornbusch Macroeconomics, 2e [Aust] 32 Dornbusch Macroeconomics, 10e 31 Dowling Schaum’s Easy Outline of Introduction to Mathematical Economics 40 Dowling Schaum’s Outline of Introduction to Mathematical Economics, 3e 41 History of Economic Theory and Method, 4e (A) 45 Field Environmental Economics, 4e 37 Finch Interactive Models for Operations and Supply Chain Management with CD 56 Finch Operations Now: Supply Chain Profitability and Performance with Student DVD, 3e 54 Fitzsimmons Service Management, 6e 67 Frank Microeconomics and Behavior, 7e 34 Frank Principles of Economics [UK] 14 Frank Principles of Economics, 3e 13 Frank Principles of Macroeconomics, 3e 21 Frank Principles of Microeconomics [Aust] 26 Frank Principles of Microeconomics, 3e 25 Frazelle World-Class Warehousing and Material Handling 74 16, 31 D E Ekelund F 102 HED 08 Econs & Dec Science Index102 102 10/4/2007 10:09:11 AM AUTHOR INDEX G Gitlow Quality Management, 3e 66 Grant Statistical Quality Control, 7e 66 Gray Project Management: The Managerial Process, 4e 63 Gryna Quality Planning and Analysis: From Product Development though Use, 5e 65 Guell Issues in Economics Today, 4e 29 Gujarati Basic Econometrics, 4e 39 Gujarati Essentials of Econometrics, 3e 38 H Hayen SAP R/3 Enterprise Software: An Introduction 59, 72 Heerkens Project Management: 24 Steps to Help You Master Any Project 75 Heracleous Flying High in a Competitive Industry: Cost Effective Service Excellence at Singapore Airlines 67 Hillier Introduction to Operations Reserach, 8e 73 Hillier Introduction to Management Science: A Modeling and Case Studies Approach w/Spreadsheets, 3e 59 Hopp Factory Physics, 3e 62 Hopp Supply Chain Science 68 Operations Management Video Series Vol. XII DVD, 9e 56 Jackson Economic Principles, 2e 13 Jackson Macroeconomics, 8e 21 Jackson Microeconomics, 8e [Aust] 26 Jacobs Operations and Supply Management, 12e 53 Jacobs Operations and Supply Management: The Core 55 Johnston Econometric Methods, 4e 40 Jonsson Logistics & Supply Chain Management [UK] 69 Juran Juran’s Quality Control Handbook, 5e 66 Katz Microeconomics, 3e 35 Kazmier Schaum’s Easy Outline of Business Statistics 85 Kazmier Schaum’s Outline of Business Statistics, 4e 85 Knod Operations Management, 7e 58 Kros Spreadsheet Modeling for Business Decisions 60 Kutner Applied Linear Statistical Models, 5e 88 I Irwin/McGraw-Hill J K 103 HED 08 Econs & Dec Science Index103 103 10/4/2007 10:09:11 AM AUTHOR INDEX L Leenders Purchasing and Supply Management, 13e 71 Lerner Schaum’s Outline of Basic Business Mathematics, 2e 94 Leseure Operations Management [UK] 56 Lewis Mastering Project Management, 2e 74 Li Hong Kong Economy: From Recovery to Restructure (The) 49 Lind Basic Statistics for Business and Economics, 6e 80 Lind Basic Statistics for Business and Economics, 5e 83 Lind Basic Statistics Using Excel for use with Statistical Techniques in Business & Economics, 13e 85 Lind Statistical Techniques in Business and Economics, 13e 81 Marshall Decision Making and Forecasting 87 McConnell Contemporary Labor Economics, 8e 46 McConnell Economics, 17e 10 McConnell Macroeconomics, 17e 18 McConnell Microeconomics, 17e 23 Monks Schaum’s Outline of Operations Management, 2e 58 Morgan Microeconomics [UK] 34 Moses Operations Management Software Windows 59 Moss Concise Guide to Macroeconomics 21 Nahmias Production and Operations Analysis, 6e 62 Nahmias Production and Operations Analysis, 5e 62 Navarro Power of Macroeconomics CD-ROM (The) 15 Navarro Power of Microeconomics CD-ROM (The) 16 Nelson Essentials of Math with Business Applications: Student Edition, 7e 94 Neter Applied Linear Regression Models, 4e 89 Nieuwenhuis Statistics for Business, Economics, Management & Finance [UK] 81 Olson Introduction to Business Data Mining 73 Olson Introduction to Information Systems Project Management: A Systems Approach, 2e 64 Orris Basic Statistics Using Excel and MegaStat 82 O’Sullivan Urban Economics, 6e 47 M N O 104 HED 08 Econs & Dec Science Index104 104 10/4/2007 10:09:11 AM AUTHOR INDEX P Paul Business Environment [TMH] 38 Pindyck Econometric Models and Economic Forecasts, 4e 40 Pinto Sim’s Project Player’s Manual and Access Code 64 Pugel International Economics, 13e 44 Richard Economics of Organizations and Strategy (The) [UK] 37 Rosen Public Finance, 8e 47 Salvatore Schaum’s Outline of Easy Outline of Principles of Economics 17 Salvatore Schaum’s Outline of International Economics, 4e 45 Salvatore Schaum’s Outline of Microeconomic Theory, 4e 49 Salvatore Schaum’s Outline of Principles of Economics, 2e 17 Salvatore Schaum’s Outline of Statistics and Econometrics, 2e Samuelson Economics, 18e 15 Samuelson Macroeconomics, 18e 22 Samuelson Microeconomics, 18e 27 Sanders Statistics: A First Course, 6e 84 Schiller Economy Today, 11e (The) 11 Schiller Essentials of Economics, 7e 27 Schiller Essentials of Economics, 6e 28 Schiller Macro Economy Today, 11e (The) 19 Schiller Mico Economy Today, 11e (The) 24 Schmidt Econometrics 39 Schroeder Operations Management: Contemporary Concepts and Cases, 4e 54 Sharma Data Interpretation and Logical Reasoning for CAT, 3e [TMH] 89 Sharp Economics of Social Issues, 18e 30 Siegel Practical Business Statistics, 5e 84 Silberberg Structure of Economics: A Mathematical Analysis, 3e (The) 41 Simchi-Levi Designing and Managing the Supply Chain, 3e 69 Slater Practical Business Math Procedures, 9e 93 Slavin Economics, 8e 12 Slavin Macroeconomics, 8e 20 Slavin Microeconomics, 8e 25 Spiegel Schaum’s Outline of Probability and Statistics, 2e 86 Stephens Schaum’s Outline of Beginning Statistics, 2e 85 Sterman Business Dynamics: Systems Thinking and Modeling for a Complex World 53 Stevenson Introduction to Management Science 60 Stevenson Operations Management, 9e 56 R S 39, 85 105 HED 08 Econs & Dec Science Index105 105 10/4/2007 10:09:11 AM AUTHOR INDEX T Taylor Mathematics for Economics 40 Thomas Managerial Economics, 9e 36 Thomke Managing Project and Service Development: Text and Cases 64 Van Den Berg Economic Growth and Development 48 Van Den Berg International Economics 45 Vohra Quantitative Techniques in Management, 3e [TMH] 61 Vollmann Manufacturing Planning and Control Systems, 5e 63 Webster Principles and Tools for Supply Chain Management with Student CD-ROM 70 Wilson Business Forecasting, 5e 86 Zagorsky Business Information: Finding and Using Data in the Digital Age 88 Zipkin Foundations of Inventory Management 63 V W Z 106 HED 08 Econs & Dec Science Index106 106 10/4/2007 10:09:11 AM M c G R AW- H I L L M A I L I N G L I S T PleaseincludemeinyourmailinglistforinformationonMcGraw-Hillbooks. 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E X A M I N AT I O N C O P Y R E Q U E S T F O R M McGraw-HillEducation(Asia) 60TuasBasinLink Singapore638775 Tel(65)68631580 Fax(65)68623354 www.mcgraw-hill.com.sg Professors/lecturerswhoareinterestedtoreviewtitleslistedinthiscatalogfor textadoptionconsideration,pleasecompletethisrequestformandfaxtoyour localMcGraw-Hilloffice(seeinsidebackcoverforfaxnumber)ortoMcGrawHillSingapore. Requestsforexaminationcopiesaresubjecttoapproval.McGraw-Hillreserve therighttorefuseanyrequestswhichdonotrelatetoteaching. Pleasemakecopiesofthisformifnecessary. REQUESTED BY Name Room# Department University Address Tel Fax Emailaddress COMP REQUEST PleaseindicateISBNNo,Author&Title 1) 2) 3) 4) 5) CourseName Enrolment Subject CommencementDate DecisionDate IndividualDecision GroupDecision CurrentTextUsed The Business Strategy Game... the world’s leading strategy simulation! Arthur A. Thompson, Jr. Gregory J. Stappenbeck Mark A. Reidenbach Did you know… u u u Well over 400,000 students have played the Business Strategy Game at hundreds of universities worldwide. Strategy simulations put students through a drill where they can improve (a) their business acumen, (b) their ability to make good bottom-line decisions in the face of uncertain market and competitive conditions, and (c) their proficiency in weaving functional area decisions into a cohesive strategy. A competition-based strategy simulation adds an enormous amount of student interest and excitement. The BSG is loaded with features to make you and your students’ experience resonate for years to come... u u u u u u A globally competitive market setting Companies assemble and market athletic footwear in head-to-head competition A built-in option for students to develop a 3-year strategic plan Results automatically processed and ready in just 15 minutes after each decision deadline A Biannual Strategy Competition—industry winners compete against teams from other schools worldwide A built-in option for students to prepare a Company Presentation Q u est i o n s ? Contact the BSG author team at [email protected] -orYour local McGraw-Hill Education sales rep for ordering details! Please feel free to set-up an account and take some time to explore the site! Set-up a “mock simulation” to see the entire game from the student point of view! All this and MORE at… www.bsg-online.com www.blackboard.com / www.webct.com course management systems Course Management Systems like Blackboard and WebCT offer you another way to integrate digital McGraw-Hill content into your class. McGrawHill Online Learning Center content is formatted to save you hours of computer inputting. How instructors use it Load McGraw-Hill content into your platform and you will have a fully populated course online. You can then customize the content to match your syllabus. You will also be able to assign specific exercises, quizzes, or readings to your students. Grades are posetd automatically to let you know how students are doing as a whole, or individually. Built-in communication allows you to conduct live chats, oversee bulletin board topics, and e-mail students who might need more help than others. How students use it Students can visit your online course via the Internet to check the coursework you have assigned. The platform will record the students’ progress through your course, which will enable you to see where they are studying most. Self-grading quizzes also indicate exactly where students need further review. The platform’s communicaiton system encourages student collaboration with features such as live chat rooms, asynchronous bulletin boards, or traditional e-mail. Log In W I T H PA U L S O L M A N V I D E O S DiscoverEcon - developed by Gerald C. Nelson of University of Illinois at Urbana-Champaign – is an online homework management tool with a complete chapter by chapter tutorial for Principles of Economics. Students will have easy access to summaries, creative and motivating exercises, interactive graphs and multiple-choice quizzes – all customized with text reference that matches your book’s topic sequence, terminology and approach. Thanks to e-submission, the exercises may also be used for homework. This product also includes 240 minutes of video featuring Paul Solman, Economics Correspondent for the NewsHour with Jim Lehrer. The videos focusing on explaining introductory economics concepts in a realworld, student-friendly manner are integrated into the website and are available through webstreaming or DVD. The result is an integrated and comprehensive study tool that brings the material alive. Auto-graded homework exercises Online Gradebook (for instructors) Visit www.discoverecon.com or contact your local McGraw-Hill Rep for a demonstration or ordering details! Your Partner in Test Generation Imagine being able to create and access you test anywhere, at any time without installing the testing software. Now, with the newest release of EZ Test Online, instructors can select questions from multiple McGraw-Hill test banks, author their own and then either print the test for paper distribution or give it online. Features and Functions n Test Creation n Online Test Management n Online Scoring and Reporting n EZ Test is designed to make it simple for you to select questions from McGraw-Hill test banks. You can use a single McGraw-Hill test bank, or easily choose questions from multiple McGraw-Hill test banks. n n EZ Test supports the use of following question types: n True or False n Fill In the Blank n Short Answer n Yes or No n Numeric Response n Survey n Multiple Choice n Matching n Essay n Check All That Apply n Ranking Uses variables to create algorithmic questions for any question type. n You can create multiple versions of the same test. n You can scramble questions to create different versions of your test. n Automated scoring for most of EZ test’s numerous questions types. How do you get it? To learn if it is available with your book, contact your local McGraw-Hill Education Representatives or email [email protected]. Glo-Bus: Developing Winning Competitive Strategies… from the world’s leading strategy simulation authors! Arthur A. Thompson, Jr. Gregory J. Stappenbeck Mark A. Reidenbach Did you know… u u u Glo-Bus has a solid international focus AND is designed with fewer decision making steps than BSG. Thus allowing you greater flexibility in incorporating teaching tools. Assigning students to run a company that competes head-to-head against companies run by other class members gives students immediate opportunity to experiment with various strategy options and to gain proficiency in applying the core concepts and analytical tools that they have been reading about in the chapters. A three-pronged text-case-simulation course model has significantly more teaching/learning power than the traditional text-case model. Glo-Bus is loaded with features to make you and your students’ experience resonate for years to come... u u u u u Companies assemble and market digital cameras in head-to-head competition Results automatically processed and ready 15 minutes after each decision deadline Automatically scored built-in quizzes that test student comprehension Built-in Peer Evaluations Instructor-controlled decision schedules, flexibility in setting team sizes and number of companies Q u est i o n s ? Contact the Glo-Bus author team at [email protected] -orYour local McGraw-Hill Education sales rep for ordering details! Please feel free to set-up an account and take some time to explore the site! Set-up a “mock simulation” to see the entire game from the student point of view! All this and MORE at… www.glo-bus.com www.mhhe.com/hm Are you looking for tools to build custom homework assignments, tests or quizzes that can be completed either online or using pencil and paper? McGraw-Hill/Irwin’s Homework Manager is a web-based assessment system that pulls problem structures directly from the end-ofchapter material using algorithmic technology, providing a limitless supply of online self-graded practice for students. That way, students can work on fresh problems with the same problem structure until they master the topics covered. Each student also receives immediate scoring and feedback from the program to guide their studies. homework manager The most powerful Homework Manager system available How instructors use it Instructors can develop, publish and deliver self-scoring algorithmic assessments (homework, quizzes, or exams). Problems structure available in Homework Manager can be easily identified in the text by the Homework Manager icon. Homework Manager records students’ scores and instructor will know how the class performed in the exam and which topics students struggled with. How students use it Homework Manager is available for these subjects Accounting Finance Business Statistics Introduction to Business Operations Management With algorithmically generated questions and instant grading and feedback, students develop problem-solving skills and are better prepared for exams. Homework Manager provides students with online solutions to end-of-chapter problems. The questions are linked to textbook which make it easy for them to reflect the topics covered in class or access assessments (homework, quizzes, or exams) their instructor has created. Homework Manager is powered by Brownstone Learning. 06-homework mgr.indd 1 31/8/07 16:15:26 Introducing PrepCenter from McGraw-Hill PrepCenter is McGraw-Hill’s unique library of teaching assets that puts the power in your hands. On one easy to navigate screen you can search an entire package of learning material. PrepCenter puts the power in your hands. Choose to browse our complete library of digital assets and classroom activities by chapter, concept, or media type. Are you looking for something–anything–interesting to liven up the next lecture? Are you looking for an exercise on segmentation? Are you looking for graphics or video? Choose what YOU want to do: Do you want to see if there are additional cases for chapter 2? Do you want to preview the video clip on new product introduction? Do you want to download add the classroom activity on ethics or save it in your PrepFolder? Create your own organization… With PrepCenter you can create your own set of PrepFolders organized however you want them-by date, topic, class–it’s up to you. Simply drag and drop the assets into your folder and save them there for a future lecture. PrepCenter allows you to create and name as many Folders as you want, when you want. In your own time…Perhaps you would like to spend a few days in the summer creating your templates for your principles of marketing class in the fall. Start the process, save your lectures, and revisit before the start of school. Or if you get assigned your course at the last minute, you can create your presentations on the fly. With one password and one website you can build your classroom presentations when-ever, whereever and how-ever you want! Ask for a demonstration today! Now available for Business and Psychology selected titles!
