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Modern Principles of Economics (4th Edition)

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Worth

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Paperback - 9781319182045

18 January 2018

€69.99

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Ebook - 9781319188177

08 December 2018

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Access Card - 9781319195427

04 June 2018

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Pack - 9781352002133

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Engaging and provocative writing, as well as a knack for revealing the 'invisible hand' of economics at work has made Tyler Cowen and Alex Tabarrok’s text a singularly distinctive and effective text for principles modules....

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Engaging and provocative writing, as well as a knack for revealing the 'invisible hand' of economics at work has made Tyler Cowen and Alex Tabarrok’s text a singularly distinctive and effective text for principles modules.

Modern Principles of Economics places an emphasis throughout on the power of incentives which underscores how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world).

The new edition retains its progressive approach to economic modelling and applications which allows for a more realistic interpretation of today’s world events. Mirroring the authors’ successful blog, the text eschews boxed features to focus on the writing behind compelling examples, key concepts, and applications.

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Revised and enhanced throughout, the fifth edition is complemented by Sapling Plus, an integrated learning system bringing together all of the book´s digital learning tools and resources. Featuring online homework, Sapling Plus is designed to support students and instructors at each stage in the learning path, from pre-class to in-class and post-class.

  • Over 150 videos featuring the authors themselves are organized into three types that target different course problems:
  • Pre-class engagement videos help foster student engagement while emphasizing key concepts and connections.
  • Lecture videos explore concepts in-depth. These support distance education courses, help students with self-study, and can be used by instructors in flipped-classroom settings.
  • "Office Hours" videos show worked problems and address student misconceptions.
Preface
Part 1: Supply and Demand
Part 2: The Price System
Part 3: Firms and Factor Markets
Part 4: Government
Part 5: Decision Making for Businesses, Investors, and Consumers
Part 6: Economic Growth
Part 7: Business Fluctuations
Part 8: Macroeconomic Policy and Institutions
Part 9: International Economics.
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Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly.  University web page: http://economics.gmu.edu/faculty/tcowen.html...

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Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly.  University web page: http://economics.gmu.edu/faculty/tcowen.html WATCH: Tyler Cowen at the Economic Bloggers Forum.

Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University and director of research for The Independent Institute. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.

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