Alan S. Paperback package Usually ships within business days. This text is well-known for using the Keynesian model in the teaching of economics; yet, in recent editions, the authors expanded coverage of the growth model considerably to achieve more balanced coverage. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data.
Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application, allowing you to relate the materials to your everyday life. A new analysis of human capital's impact on economic growth, including a discussion on minimum wage and household protection has been added for more up to date coverage of these prevalent topics. A more developed discussion of consumer choice has been added, including expanded coverage on budget limitations and constraints when discussing consumer theory.
The authors include new material on banking, energy and the history of economics, as well as new analysis of the mortgage crisis of This is the only principles book available for fall that has complete, year-end economic data. Available bundled with the text or as a digital solution, Aplia is fully integrated with Baumol and Blinder. The comprehensive online, interactive problem sets, analyses, tutorials, experiments, and critical-thinking exercises give students hands-on application without adding to instructors' workload.
Based on discovery learning, Aplia requires students to take an active role in the learning process -- helping them improve their economic understanding and ability to relate to the economic concepts presented. Instructors can assign homework that is automatically graded and recorded. Each chapter opens with a real-life economic 'puzzle' or issue to launch the material covered in the chapter and to bring economics into students' everyday lives. This chapter-opening economic problem is revisited within the body of the chapter to illustrate how it can be addressed with the theoretical tools and concepts being presented.
Well-known for being one of the most policy-oriented books on the market, this text includes special 'Policy Debate' boxes to enliven the chapters as well as open the way for classroom discussion. The 'Ideas for Beyond the Final Exam' feature is introduced in Chapter 1, then integrated throughout the text to reinforce important concepts for students.
Each chapter ends with a summary; key concepts and terms; and questions and problems for review to help students complete homework and prepare for exams.
The book provides analysis of human capital's impact on economic growth, including a discussion on minimum wage and household protection. There is more developed discussion of consumer choice, including expanded coverage on budget limitations and constraints when discussing consumer theory. The 'Ideas for Beyond the Final Exam' feature is introduced in Chapter 1, then integrated throughout the text to reinforce important concepts.
To help you complete your homework and prepare for exams, each chapter ends with a summary; key concepts and terms; and questions and problems for review. The authors have revised the more applied, non-technical chapters, such as Poverty, Inequality, and Discrimination, to make independent study more productive. What Is Economics? The Economy: Myth and Reality. Supply and Demand: An Initial Look. Consumer Choice: Individual and Market Demand. Demand and Elasticity. The Economics of the Stock Market.
The Firm and the Industry under Perfect Competition. Refer book. Order inspection copy. Written by two of the most respected economists in the world, this text is also one of the most current texts on the market that includes data through the spring of The text includes significant updates based on the current economic crisis, providing the right level of rigor and detail. More material on health care costs and the health care reform bill is included.
The new edition is the only principles book to reflect year-end data. New boxes are updated to reflect the changes in the economic environment that have occurred since the last edition. Each chapter opens with a real-life economic puzzle or issue to launch the material covered in the chapter bringing economics into students' everyday lives. This chapter-opening economic problem is revisited within the body of the chapter to illustrate how it can be addressed with the theoretical tools and concepts being presented.
Each chapter ends with a summary key concepts and terms and questions and problems for review to help student's complete homework and prepare for exams.
What Is Economics? The Economy: Myth and Reality. Supply and Demand: An Initial Look. Consumer Choice: Individual and Market Demand. Demand and Elasticity. The Firm and the Industry under Perfect Competition. Between Competition and Monopoly. Limiting Market Power: Regulation and Antitrust. The Shortcomings of Free Markets. Externalities, the Environment, and Natural Resources. Taxation and Resource Allocation.
Pricing the Factors of Production. Poverty, Inequality, and Discrimination. International Trade and Comparative Advantage. Baumol William J. Baumol received his B.
He is professor of economics at New York University and senior research economist and professor emeritus at Princeton University. He is a frequent management consultant to major firms in a wide variety of industries in the United States and other countries as well as to a number of governmental agencies. He has been president of the American Economic Association, and three other professional societies.
He is an elected member of the National Academy of Sciences, created by the U. Baumol is the author of more than 35 books as well as hundreds of journal and newspaper articles that have been translated into more than a dozen languages. Blinder Alan S. Blinder earned his B. He teaches at Princeton University and is the author of the best seller, After the Music Stopped, about the financial crisis and its aftermath. Blinder served on President Clinton's first Council of Economic Advisers and then as vice chairman of the Federal Reserve Board, thereby playing a role in formulating both the fiscal and monetary policies of the s.
Author s : William J.
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