In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions, exercises, and problems.The text also encourages students to become "Economic Naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation.
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States that innovative texts in mathematics, science, and foreign languages have achieved pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. This book introduces core principles and reinforces them by illustrating and applying each in numerous contexts.
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Part 1 Introduction 1.Thinking Like an Economist2.Comparative Advantage: The Basis for Exchange3.Supply and Demand: An IntroductionPart 2 Competition and the Invisible Hand4. Elasticity5.Demand: The Benefit Side of the Market6.Perfectly Competitive Supply: The Cost Side of the Market7.Efficiency and Exchange8.The Quest for Profit and the Invisible HandPart 3 International Trade9. International Trade and Trade PolicyPart 4 Market Imperfections10. Monopoly and Other Forms of Imperfect Competition11. Thinking Strategically: A Further Look at Monopolistic Competition and Oligopoly12. Externalities and Property Rights13. The Economics of InformationPart 5 Economics of Public Policy14. Labor Markets, Poverty, and Income Distribution15. The Environment, Health, and Safety16. Public Goods and Tax Policy
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Produktdetaljer
ISBN
9780073230603
Publisert
2006-01-16
Utgave
3. utgave
Utgiver
Vendor
McGraw-Hill Professional
Vekt
1050 gr
Høyde
272 mm
Bredde
216 mm
Dybde
20 mm
Aldersnivå
05, U
Språk
Product language
Engelsk
Format
Product format
Heftet