Microeconomics Private and Public Choice

ISBN-10: 0324580207
ISBN-13: 9780324580204
Edition: 12th 2009
List price: $344.95
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Description: ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elementssuch as scenes from popular movies and applications of economic theory to real-world issuesto help you see how these theories apply to the world around you. Each chapter has  More...

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Book details

List price: $344.95
Edition: 12th
Copyright year: 2009
Publisher: Cengage South-Western
Publication date: 1/16/2008
Binding: Paperback
Pages: 544
Size: 8.50" wide x 10.75" long x 0.75" tall
Weight: 2.398
Language: English

ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elementssuch as scenes from popular movies and applications of economic theory to real-world issuesto help you see how these theories apply to the world around you. Each chapter has been updated to reflect todays market, including analysis and explanation of measures of current economic activity. Youll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the invisible hand metaphor is applied to economic theory, demonstrating how its working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, online experiences, and more.

James D. Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University, where he directs the Stavros Center for the Advancement of Free Enterprise and Economic Education. His writings have been widely published in both professional journals and popular media. He is the co-author of Common Sense Economics: What Everyone Should Know about Wealth and Prosperity (St. Martin's Press, 2005), a primer on economics and personal finance. Gwartney's current research focuses on the measurement and determination of factors that influence cross-country differences in income levels and growth rates. In this regard he is the coauthor (with Robert Lawson) of the annual report, Economic Freedom of the World, which provides information on the institutions and policies of 141 countries. This data set, published by a worldwide network of institutes in 79 countries, is widely used by scholars investigating topics ranging from economic growth to peaceful relations among nations. He served as Chief Economist of the Joint Economic Committee of the U.S. Congress during 1999-2000. Gwartney was invited by the incoming Putin Administration in March 2000 to make presentations and have discussions with leading Russian economists concerning the future of the Russian economy. In 2004 he was the recipient of the Adam Smith Award of the Association of Private Enterprise Education for his contribution to the advancement of free market ideals. He is a past President of the Southern Economic Association and the Association for Private Enterprise Education. Gwartney earned his Ph.D. in economics from the University of Washington.

Russell S. Sobel earned his Ph.D. in economics from Florida State University in 1994. He has published more than 150 books and articles, and has received national recognition for his works on entrepreneurship and FEMA reform. He serves on the editorial board for three academic journals, and on the advisory board for four university centers. He has won numerous awards for both his teaching and his research. He regularly teaches courses in both principles of economics and public economics, and gives lectures at economic education outreach programs. He is a Visiting Scholar in Entrepreneurship in the School of Business Administration at The Citadel.

David A. Macpherson is E. M. Stevens Professor of Economics at Trinity University, San Antonio.

The Economic Way Of Thinking
The Economic Approach
Some Tools of the Economist
Markets And Government
Supply, Demand, and the Market Process
Supply and Demand: Applications and Extensions
Difficult Cases for the Market and the Role of Government
The Economics of Collective Decision Making
Core Microeconomics
Consumer Demand and Elasticity
Costs and the Supply of Goods
Price Takers and the Competitive Process
Price-Searcher Markets with Low Entry Barriers
Price-Searcher Markets with High Entry Barriers
The Supply of and Demand for Productive Resources
Earnings, Productivity, and the Job Market
Investment, the Capital Market, and the Wealth of Nations
Income Inequality and Poverty
International Economics
Gaining from International Trade
Applying The Basics
Special Topics

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