Intended for use in a non-technical, issues-oriented, introductory economics course, this textbook emphasizes the relationship between economics and broader social issues. In this light, chapters discuss crime and drugs, the environment, education, discrimination, poverty, market power, international trade, housing, health care, agriculture, social security, unemployment and inflation, macroeconomic policy, taxes and debt, and globalization. The economic theory is narrowly market-based, but the discussion of policy issues is broader. Brux teaches at the University of Wisconsin-River Falls. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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This book provides students with a grasp of basic economic tools through the analysis of important economic issues and their related policy perspectives. Economic theory is presented in a simple, market-oriented framework at a level of technicality that is deliberately appropriate for a basic first course in economics directed at non-majors. Complex topics more appropriate for a Principles of Economics course are left out or contained in appendices. In analyzing economic situations and the implications of policies, liberal and conservative viewpoints are effectively balanced -- the careful presentation of conservative and liberal viewpoints is one of the unique characteristics of this book.
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