Economics

Synopsis

While we were driven to write this book by many small ideas about particular aspects of economics, we also had one big idea: an economics textbook should be built around narratives, many of them pulled from real life, and it should never lose sight of the fact that economics is, in the end, a set of stories about what people do.

Many of the stories economists tell take the form of models—for whatever else they are, economic models are stories about how the world works. But we believe that student understanding of and appreciation for models are greatly enhanced if they are presented, as much as possible, in the context of stories about the real world that both illustrate economic concepts and touch on the concerns we all face living in a world shaped by economic forces.

You’ll find a rich array of stories in every chapter, in the chapter openers, Economics in Actions, For Inquiring Minds, Global Comparisons, and Business Cases. As always, we include many new stories and update others. We also integrate an international perspective throughout, more extensively than ever before. It starts with a new introduction and an opening story on China’s Pearl River Delta that sets the stage for new attention to China’s ascendance in the global economy. An overview of the types of narrative-based features in the text is on p. viii.

We also include pedagogical features that reinforce learning. For example, each major section ends with three related elements devised with the student in mind: (1) the Economics in Actions: a real-world application to help students achieve a fuller understanding of concepts they just read about; (2) a Quick Review of key ideas in list form; and (3) Check Your Understanding self-test questions with answers at the back of the book. Our thought-provoking end-of-chapter problems are another strong feature. The Work It Out feature appears in all end-of-chapter problem sets, offering students online tutorials that guide them step-by-step through solving key problems. With the Fifth Edition, a new feature, Discovering Data exercises, offers students the opportunity to use interactive graphs to analyze interesting economic questions. An overview of the text’s tools for learning is on p. ix.

Copyright:

2013

Book Details

Book Quality:

Publisher Quality

ISBN-13:

9781319108458

Publisher:

Macmillan Learning

Date of Addition:

10/05/18

Copyrighted By:

Worth Publishers

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

Nonfiction, Business and Finance

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.