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Principles of Economics, v. 8.0
- By: John B. Taylor and Akila Weerapana
- Version: 8.0
- Pub Date: August 2017
- eISBN: 978-1-4533-8451-0
Table of Contents:
- Chapter 1: Chapter One
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Principles of Economics, V. 8.0
John B. Taylor and Akila Weerapana
Taylor and Weerapana present modern economics in a form that’s intuitive, relevant, and memorable to learners with no prior exposure to the subject. Principles of Economics engages students by emphasizing the central idea of economics throughout: that people make purposeful choices with scarce resources and interact with other people when they make these choices. The authors bring to bear recent and extensive classroom-based experiences to select real-world examples of how markets work; provide clear explanations of why markets are efficient when the incentives are right and inefficient when the incentives are wrong; and outline examples of economic choices students actually face. The authors stress long-run fundamentals, but they also discuss current public policy issues when the short run matters. Key policy questions about the role of government being debated today receive special attention. The result is a teaching resource that clearly conveys basic economic principles in a way that interests students and stimulates them to learn.
This textbook is suitable for 2 and 4 year institutions. Courses includes Introductory Economics and Principles of Economics.
Principles of Economics is a student-friendly introduction to basic economics that is known for its clarity, accessibility, and engaging real-world applications. It's available in a complete volume that encompasses both macroeconomics and microeconomics and single volumes that cover either macroeconomics or microeconomics separately. The volume is suitable for full-year or semester-long undergraduate surveys of economics, often called introductory economics or principles of economics, at two- and four-year colleges and universities.
WHAT'S NEW IN 8.0:
- NEW PUBLISHER:
- RECENT DEVELOPMENTS:
- MORE TO COME
- MORE TO COME
- MORE TO COME
- REVIEWS AND QUESTIONS:
- KEY TERMS:
This edition comes to you from FlatWorld Knowledge. This partnership with FlatWorld will help provide access to the text to a wide audience at a more reasonable price and with more flexible formats suited to the needs of students and teachers. The FlatWorld platform will also allow for updates to the book on a regular basis and help make it seem less dated with minimal disruption to you, the users of the book.
Updated data and content bring coverage of economics through the beginning of 2017. Introductions to each chapter have been refreshed, and graphs have been updated with new data.
Stimulating vignettes at the beginning of each chapter.
An essential tool in learning economics, the problems have been carefully selected, revised, and tested for this edition. An ample supply of these problems appears at the end of every chapter and appendix. Some of the problems ask the reader to work out examples that are slightly different from the ones given in the text; others require a more critical thinking approach.
Questions for review appear at the end of every chapter. These are tests of recall and require only short answers; they can be used for oral review or as a quick self-check. Brief reviews at the end of each major section summarize the key points in abbreviated form as the chapter evolves; they are useful for preliminary skim reading as well as for review.
Definitions of key terms appear in the margins or hyperlinked online.
The Flat World Knowledge publishing model allows instructors to adapt the textbook to the exact needs of their specific class and student body. See how easy it is to customize a textbook in this 4 minute demo: Flat World Editing Platform Video Demo
This textbook comes with the following materials that you can use in your classroom.Test Item File
Need assistance in supplementing your quizzes and tests? Our test item files (in Word format) contain many true/false, multiple choice, fill in the blanks, and short essay questions.Instructor Manual
The Instructor Manual (in Word format) will help guide you through the main concepts of each chapter such as learning objectives, key terms and takeaways. Many also include explanations and answers to chapter exercises.Powerpoint Lecture Notes
A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole
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