Mandel's "Economics: The Basics" combines the traditional news values of immediacy and impact with a layer of educational explanation to provide a window into what's happening in the current economy. Mike Mandel, the former Chief Economist for BusinessWeek magazine, now at The Wharton School, writes in a journalistic style, drawing upon news articles and experience throughout the text to present economic concepts in a way that is understandable, relevant, and exciting for a broad audience. The 2nd edition's core approach focuses on developing a student's economic literacy without overwhelming and providing a window into what's happening in the economy right now including globalization and the aftermath of the financial crisis. Mandel's current examples, journalistic writing style, and accessible presentation of math and graphs will help instructors overcome the common challenges of this course, and make the material more approachable and attractive to a wide range of students.
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Michael J. Mandel is chief economist of BusinessWeek. For more than a decade, his cover stories have ignited national debate on topics from crime to the New Economy to budget deficits. He is the author of The High-Risk Society and The Coming Internet Depression. He holds a Ph.D. in economics from Harvard University and taught at New York University's Stern School of Business before joining BusinessWeek.
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