Written by two highly respected economists and educators, the book uses the “Stories, Graphs, and Equations” approach to make economic concepts accessible and relevant to readers with various learning styles. It is known for its unified and logical structure, lively writing style, and clear explanations. Chapter topics include the scope and method of economics; the economic problem: scarcity and choice; demand, supply, and market equilibrium; household behavior and consumer choice; short- and long-run costs and output decisions; input demand; general equilibrium and the efficiency of perfect competition; monopoly and antitrust policy; monopolistic competition and oligopoly; income distribution and poverty; international trade, comparative advantage, and protectionism; and economic growth in developing and transitional economies. For individuals who want to better understand the fundamentals of microeconomics.
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Extensive coverage of policy issues and real world applicationsincluding "Issues and Applications" boxes, international isintegrated throughout the text including "Global Perspective"boxes, new end-of-chapter problem sets, 10 end-of-part case studies with critical thinking questions (each supported by a video) and aunified approach to theory. ABC videos, NYT.About the Author:
Karl E. Case is the Katherine Coman and A. Barton Hepburn Professor of Economics at Wellesley College where he has taught for 24 years and is a Visiting Scholar at the Federal Reserve Bank of Boston.
Before coming to Wellesley, he served as Head Tutor (director of undergraduate studies) at Harvard, where he won the Allyn Young Teaching Prize. He has been a member of the AEA's Committee on Economic Education and was Associate Editor of the Journal of Economic Education, responsible for the section on innovations in teaching. He teaches at least one section of the principles course every year.
Professor Case received his B.A. from Miami University in 1968, spent three years on active duty in the Army including a year in Vietnam, and received his Ph.D. in Economics from Harvard University in 1976.
Professor Case's research has been in the areas of real estate, housing, and public finance. He is author or co-author of five books, including Principles of Economics, Economics and Tax Policy, and Property Taxation: The Need for Reform and has published numerous articles in professional journals.
He is also a founding partner in the real estate research firm of Case Shiller Weiss, Inc. and serves as a member of the Boards of Directors of the Mortgage Guaranty Insurance Corporation (MGIC), Century Bank, The Lincoln Institute of Land Policy, and the New England Economic Project.
Ray C. Fair is Professor of Economics at Yale University. He is a member of the Cowles Foundation at Yale and a Fellow of the Econometric Society. He received a B.A. in economics from Fresno State College in 1964 and Ph.D. in economics from M.LT. in 1968. He taught at Princeton University from 1968 to 1974 and has been at Yale since 1974.
Professor Fair's research has primarily been in the areas of macroeconomics and econometrics, with particular emphasis on macroeconometric model building. His publications include Specification, Estimation, and Analysis of Macroeconometric Models (Harvard Press, 1984) and Testing Macroeconometric Models (Harvard Press, 1994).
Professor Fair has taught introductory and intermediate macroeconomics at Yale. He has also taught graduate courses in macroeconomic theory and macroeconometrics.
Professor Fair's United States and multicountry models are available for use on the Internet free of charge. The address is http://fairmodel.econ.yale.edu. Many teachers have found that having students work with the United States model on the Internet is a useful complement to even an introductory macroeconomics course.
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Book Description Pearson Education. PAPERBACK. Book Condition: New. 0130746436 New Condition. Bookseller Inventory # NEW6.0044814
Book Description Pearson Education, 2002. Paperback. Book Condition: New. 6. Bookseller Inventory # DADAX0130746436