Readers learn how to apply economic concepts to the world around them as ECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date book analyzes and explains measures of economic activity in today’s market. It also highlights the recession of 2008-2009 and takes an in-depth look at the lives and contributions of notable economists. This engaging book dispels common economic myths. The book also uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
The book also discusses consumer decision making, the elasticity of demand, and how income influences demand. The text analyzes costs and producer decisions, the firm under pure competition, and how a competitive model functions.
ECONOMICS: PRIVATE AND PUBLIC CHOICE dispels common economic myths. The text uses the invisible hand metaphor to explain economic theory, demonstrating how it works to stimulate the economy.
Economics Coursebook: Private and Public Choice
... Michael White , St. Cloud State University ; Dona A. Derr , Rutgers College ; Don Millman , Itasca Community College ; Nathan Eric Hampton , St. Cloud State University ; D. E. Morris , University of New Hampshire ; James T. Bennett ...
The fully revised and updated third edition of the classic Common Sense Economics.
Economics: Private and Public Choice
Softbound - New, softbound print book.
Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader.
'. . . this compendium offers a solid introduction into an economic field that is gaining in influence.' – Detmar Doering, Frankfurter Allgemeine Zeitung 'The first essay in this volume, "Public Choice at the Millennium," by the two ...
" The book is suitable for students of economics and business, sociologists, general readers interested in real-world economics, and policy makers involved in national economic development.