Description
This is an enduring introductory college-level text, apparently updated every few years. The publisher employs a commonly used practice to give the text the appearance of being "new" for a longer time: this 12th edition shows a copyright of 2009, even though published in early 2008 (the previous edition was published in "2006"). The text is designed for flexibility, with core chapters and beyond-the-basics topics, and it can be used in courses with various configuations and emphases. Three new chapters on long-run-growth are incorporated into this edition as are new multimedia tools and updated examples. Interestingly, the preface also states that every chapter has been shortened somewhat in an ongoing effort to make the material clear and easily understandable (but, no surprise, fewer pages has not translated into a lower price). Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)
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ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elements--such as scenes from popular movies and applications of economic theory to real-world issues--to help you see how these theories apply to the world around you. Each chapter has been updated to reflect today's market, including analysis and explanation of measures of current economic activity. You'll 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 it's 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.
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