Thursday, February 28, 2013

Microeconomics: An Intuitive Approach with Calculus

Microeconomics: An Intuitive Approach with Calculus PDF Download Ebook. Thomas Nechyba uses intuition, a conversational writing style, everyday examples and outstanding graphs to present microeconomic theory as a way of looking at the world.

Presenting microeconomic theory as a way of looking at the world, this text builds on the basic economic foundation of individual behavior. Each chapter is divided into two sections. The A sections introduce concepts using intuition, a conversational writing style, everyday examples, and graphs. The B sections cover the same concepts with precise, accessible mathematical analyses that pre-suppose one semester of single-variable calculus.

The package offers unprecedented flexibility in terms of topical coverage and graphical analysis: each copy includes access to online LiveGraphs -- a suite of interactive, animated graphs that allows students to view dimensional graphs and functions illustrated in the book, as well as some additional graphs that are not in the printed text. Students can play and replay the LiveGraphs while listening to a brief explanation of the graphs.

LiveGraphs put graphical analyses online, where students can play and replay animated figures with audio captions. Students can watch lines get plotted, see curves move, and in some cases, change variables to affect results. Rather than confining applications to static boxed features, Nechyba incorporates applications into end-of-chapter exercises. By working through exercises that exemplify key applications, students learn by doing and can apply their knowledge beyond the text.

By first exploring an intuitive and graphical approach to the topics, then linking the concepts with mathematical analyses, students build both mathematical skills and abstract thinking. The result is a better understanding of microeconomics foundations, and better preparation for further coursework in economics, business, or policy studies.

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Microeconomics for MBAs 2nd Edition, McKenzie

Microeconomics for MBAs: The Economic Way of Thinking for Managers 2nd Edition PDF Download Ebook. Richard B. McKenzie and Dwight R. Lee show the economic way of thinking through problems that MBA students will find relevant to their career goals. Theory and math is kept as simple as possible and illustrated with real-life scenarios.

This textbook package includes online video tutorials on key concepts and complex arguments, and topics likely to be assessed in exams. The distinguished author team has developed this textbook over 20 years of teaching microeconomics to MBA students. Chapters are clearly structured to support learning: Part I of each chapter develops key economic principles.

Part II draws on those principles to discuss organizational and incentive issues in management and focuses on solving the 'principal-agent' problem to maximize the profitability of the firm - lessons that can be applied to problems MBAs will face in the future. Economics and management are treated equally; this unique textbook presents economics as part of the everyday thinking of business people.

The most difficult thing in teaching microeconomics for MBAs is to focus on the consistent application of economic principles to real world management problems. McKenzie and Lee's emphasis on getting the incentives right within firms emphasizes that what economics has to offer students is principles, rather than answers, because the principles need to be combined with particular facts and judgments, which is the essence of management.

In particular, their focus on the logical explanation of principles and applications rather than mathematical treatments that imply management issues have unique, precise and correct answers, makes this book far more useful for managers than alternative texts.

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Microeconomics and Behavior 8th Edition, Robert Frank

Microeconomics and Behavior 8th Edition PDF Download Ebook. Robert H. Frank describes the essential topics of microeconomics while exploring the relationship between economics analysis and human behavior. The book’s clear narrative appeals to students, and its numerous examples help students develop economic intuition.

This book introduces modern topics not often found in intermediate textbooks. Its focus throughout is to develop a student’s capacity to “think like an economist.” The concept aims to teach students to use economic principles to explain everyday details of ordinary existence. Throughout the text, Economic Naturalist examples help develop economic intuition and demonstrate the relevance of economics.

Useful Appendixes include the utility function approach to the consumer budgeting problem, additional topics in demand theory, additional applications of rational choice theory, search theory, production theory, cost theory, additional models of monopolistic competition, and a more detailed look at exhaustible resource allocation.

The inclusion of this material offers instructors unmatched latitude in their choice of technical level and topic coverage. Those who desire to teach a calculus-based course will find comprehensive coverage of optimization theory in the appendices to Chapters 3, 9, and 10. Starred problems that require calculus are included in the end-of-chapter problem sets.

The text boasts a four-color design modeled after the successful Frank/Bernanke Principles of Economics text. An extensive collection of photos illustrate the Examples and the Economic Naturalist features. The attractive look of the book will aid students in their understanding and motivate them to read. An exceptionally clear writing style engages students in the fundamentals of microeconomics.

The generous use of worked examples and exercises promotes a solid understanding of economic principles. These are clearly indicated in the table of contents. End-of-chapter exercises and problems closely linked with the text's concepts and examples help students more readily relate the economic concepts to the pedagogy.

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Wednesday, February 27, 2013

Microeconomics Behavior, Institutions and Evolution

Microeconomics Behavior, Institutions and Evolution PDF Download Ebook. Samuel Bowles uses recent advances in evolutionary game theory, contract theory, behavioral experiments, and the modeling of dynamic processes. Author develops a theory of how economic institutions shape individual behavior, and how institutions evolve due to individual actions, technological change, and chance events.

In this book, author returns to the classical economists' interest in the wealth and poverty of nations and people, the workings of the institutions of capitalist economies, and the coevolution of individual preferences and the structures of markets, firms, and other institutions.

Each chapter is introduced by empirical puzzles or historical episodes illuminated by the modeling that follows, and the book closes with sets of problems to be solved by readers seeking to improve their mathematical modeling skills. Complementing standard mathematical analysis are agent-based computer simulations of complex evolving systems that are available online so that readers can experiment with the models.

Bowles concludes with the time-honored challenge of "getting the rules right," providing an evaluation of markets, states, and communities as contrasting and yet sometimes synergistic structures of governance. Must reading for students and scholars not only in economics but across the behavioral sciences, this engagingly written and compelling exposition of the new microeconomics moves the field beyond the conventional models of prices and markets toward a more accurate and policy-relevant portrayal of human social behavior.

The standard neoclassical competitive model of economic behavior has been significantly extended in the last fifty years by emphasis on interaction among small groups (game theory), on extended models of human motivation based in part on human evolution, and on divergent information bases of participants. A rich but scattered literature has now received a brilliant synthesis and development in this book. It will be an indispensable part of future teaching in microeconomics at the graduate or advanced undergraduate levels, as well as an excellent source of information for the practicing economist.

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Microeconomics of Banking 2e by Freixas and Rochet

Microeconomics of Banking PDF Download Ebook. Xavier Freixas and Jean-Charles Rochet give impressive synthesis of an enormous body of research developed over the last twenty years. It is clearly written and a pleasure to read. What I found particularly useful is the great effort that authors have taken to systematically integrate the theory of financial intermediation into classical microeconomics and finance theory.

Over the last thirty years, a new paradigm in banking theory has overturned economists' traditional vision of the banking sector. The asymmetric information model, extremely powerful in many areas of economic theory, has proven useful in banking theory both for explaining the role of banks in the economy and for pointing out structural weaknesses in the banking sector that may justify government intervention.

In the past, banking courses in most doctoral programs in economics, business, or finance focused either on management or monetary issues and their macroeconomic consequences; a microeconomic theory of banking did not exist because the Arrow-Debreu general equilibrium model of complete contingent markets (the standard reference at the time) was unable to explain the role of banks in the economy.

This text provides students with a guide to the microeconomic theory of banking that has emerged since then, examining the main issues and offering the necessary tools for understanding how they have been modeled. It covers the recent dramatic developments in academic research on the microeconomics of banking, with a focus on four important topics: the theory of two-sided markets and its implications for the payment card industry.

This book also describes "non-price competition" and its effect on the competition-stability tradeoff and the entry of new banks; the transmission of monetary policy and the effect on the functioning of the credit market of capital requirements for banks; and the theoretical foundations of banking regulation, which have been clarified, although recent developments in risk modeling have not yet led to a significant parallel development of economic modeling.

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Microeconomics: A Modern Approach, Andrew Schotter

Microeconomics: A Modern Approach PDF Download Ebook. Andrew Schotter shows how to go beyond studying theory and effectively apply what you learn to your future studies, career, and life. Professor Schotter believes the future of teaching microeconomics will be heavily connected with the use of experimental tools.

As a result, this book is built on an experimental economics framework that emphasizes game theory, strategic analysis, and organization of the firm, without skimping on traditional topics like consumer choice, production and markets. Each chapter and section builds upon a unifying theme of how economic institutions develop to solve problems that arise in a society.

One of the major analytical tools used in the book is game theory. Chapter 11 introduces the fundamentals of game theory, illustrating how it can serve as a tool for strategic business analysis. Throughout the remaining chapters, game theory is used as a means of understanding the different strategies of the various parties to a situation.

Cutting-edge coverage includes several chapters not found in other texts, including the internal organization of the firm (ch. 8), entry prevention (ch. 12), natural monopoly and the economics of regulation (ch. 10) and time inconsistency. If these chapters do not fit the objectives of your course, they can be skipped without causing any problems in understanding for future chapters.

Concepts are presented within the context of a society that starts out in a primitive state of nature and gradually develops the characteristics and institutions of a modern economy. Illustrating various points of view, the text also helps you sharpen your critical thinking skills as it presents theories as well as their deficiencies. Applying intermediate economics to everyday life, it is a text that will further your core foundation for studying economics.

To help students see economics as a dynamic science, a considerable amount of space is devoted to criticizing theories. In some chapters, this is done through "consulting reports," which suggest possible solutions to problems that the model society faces, such as how to regulate monopolies.

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Tuesday, February 26, 2013

Microeconomics Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus 3rd Edition PDF Download Ebook. Jeffrey M. Perloff uses calculus, algebra, and graphs to present microeconomic theory using actual examples, and then encourages readers to apply the theory to analyze real-world problems.

The book has been substantially revised, 80% of the Applications are new or updated, and there are 24 new Solved Problems. Every chapter (after Chapter 1) contains a new feature (the Challenge and the Challenge Solution) and has many new end-of-chapter exercises.

This text goes beyond basic microeconomic theory and looks at theories and applications from many important contemporary fields of economics. Examples include extensive coverage of problems from resource economics, labor economics, international trade, public finance, and industrial organization is featured throughout.

This text introduces game theory in Chapter 13, analyzing both static games (including prisoners’ dilemma, chicken, and other games) and multiperiod games (such as collusion and preventing entry), and special attention is paid to auction strategies. Chapters 14, 16, 17, 18, and 19 employ game theory to analyze oligopoly behavior, investing given an uncertain future, pollution (the Coase Theorem), and other topics.

This text uses real-world examples throughout the narrative to illustrate the many basic theories of microeconomics. Students see monopoly theory applied to a patented pharmaceutical, Botox. Oligopoly theories are used to analyze the rivalry between Coke and Pepsi, and between United Airlines and American Airlines on the Chicago–Los Angeles route. Apple’s monopoly pricing of iPods is analyzed.

Overall, these examples and applications use real people, real companies, and real data to illustrate basic microeconomic theory, providing students with a practical perspective that showcases the versatility of modern microeconomics.

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Microeconomics 6th Edition by Jeffrey M. Perloff

Microeconomics 6th Edition PDF Download Ebook. Jeffrey M. Perloff presents theory in the context of real, data-driven examples, and then develops intuition through his hallmark Solved Problems. Readers will gain a practice perspective, seeing how models connect to real-world decisions being made in today’s firms and policy debates.

Core microeconomic theories—consumer theory, theory of the firm, and perfect competition—are covered thoroughly in the first half of the book, followed by a fully up-to-date, authoritative treatment of modern theories—such as game theory, strategies, uncertainty, and moral hazard.

Each chapter begins with a Challenge that presents information about an important, current real-world issue and concludes with a series of questions about that material. At the end of the chapter, a Challenge Solution answers these questions using methods presented in that chapter.

Hundreds of examples and applications use real people, real companies, and real data to illustrate microeconomic theory. Providing valuable practical perspective, abundant examples and applications showcase the versatility of modern microeconomics. In each chapter, Solved Problems provide students with a step-by-step model for working out both qualitative and quantitative problems.

Where possible, the Solved Problem directs students to a specific problem at the end of chapter to practice the concept on their own. Five Cross-Chapter Analyses throughout the text create crucial links between core theories covered in separate chapters, combining Applications with Solved Problems to give students hands-on practice designed to sharpen their analytical and quantitative skills.

Economic models are used to probe the likely outcomes of changes in public policies such as taxes, subsidies, barriers to entry, price floors and ceilings, quotas and tariffs, zoning, laws limiting diversification, pollution controls, licensing laws, and laws governing pensions.

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Microeconomics 4th Edition, Besanko and Braeutigam

Microeconomics 4th Edition PDF Download Ebook. David Besanko and Ronald Braeutigam explain the principles very clearly in a logical order and it uses a lot of examples and cases for students to practise the new techniques. The chapters start with a story to show the real life relevance of the concepts, which is clearly appreciated by the students.

This text builds student confidence by providing a clear roadmap to academic success while keeping students in touch with the rapidly changing business world. It offers the end-of-chapter problem sets and a robust collection of resources such as Animated Learning-by-Doing Exercises and Chapter-specific Excel Workbooks to reinforce course goals inside and outside of the classroom and effectively improve student performance.

Authors offer the most practice and varied problem sets to help students internalize microeconomic theory. Learning-by-Doing Exercises are fully worked-out problems that provide step-by-step maps for solving problems and are correlated to chapter summaries and practice problems. Numerous real-world examples illustrate how microeconomics applies to business decision-making and public policy issues.

Each chapter begins with an extended example that introduces the key themes of the chapter and uses real markets and companies. Authors have integrated math and easy-to-follow tables and graphs in coordination with the text and applications in order to help students see the connections. An easy-to-navigate design, framework, calendar, and visual tracking progress allow students to study more effectively so they can concentrate on the data.

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Monday, February 25, 2013

Econometrics 5th Edition by Badi H. Baltagi

Econometrics 5th Edition PDF Download Ebook. Badi H. Baltagi teaches some of the basic econometric methods and the underlying assumptions behind them. It also includes a simple and concise treatment of more advanced topics in spatial correlation, panel data, limited dependent variables, regression diagnostics, specification testing and time series analysis.

Each chapter has a set of theoretical exercises as well as empirical illustrations using real economic applications. These empirical exercises usually replicate a published article using Stata or Eviews. It is most useful text for an econometrics course. There are not many introductions to econometrics which approach the relevant material so consistently from the viewpoint of the student.

Teaching econometrics is not an easy task. There is always this elusive balance between mathematical rigor and economic intuition. This textbook keeps this balance perfectly well, and does a good job at persuasion too. It teaches mostly by example, appeals a lot to intuition, and provides numerous real world data sets to practice. It is therefore also well suited for self study and can be recommended.

Author strikes a balance between a rigorous approach that proves theorems and a completely empirical approach. The exercises contain theoretical problems that should supplement the understanding material in each chapter The book is also well suited for self study and can be recommended to everybody who is in need to quickly acquire the basics of the field.

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Econometric Analysis of Count Data 5e, Winkelmann

Econometric Analysis of Count Data 5th Edition PDF Download Ebook. Rainer Winkelmann provides graduate students and researchers with an up-to-date survey of statistical and econometric techniques for the analysis of count data, with a focus on conditional distribution models.

Proper count data probability models allow for rich inferences, both with respect to the stochastic count process that generated the data, and with respect to predicting the distribution of outcomes. The book starts with a presentation of the benchmark Poisson regression model. Alternative models address unobserved heterogeneity, state dependence, selectivity, endogeneity, underreporting, and clustered sampling. Testing and estimation is discussed from frequentist and Bayesian perspectives.

The main objective of the book is to introduce count models at a graduate level so that these models can be used by students, researchers or interested practitioners. For all researchers who are concerned with count data the book offers a very good introduction into this field of research and many examples and interpretations of the results. Therefore, the book provides an excellent starting point for working in this area of applied research.

Finally, applications are reviewed in fields such as economics, marketing, sociology, demography, and health sciences. The book contains several new topics, including copula functions, Poisson regression for non-counts, additional semi-parametric methods, and discrete factor models. Other sections have been reorganized, rewritten, and extended.

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Thursday, February 21, 2013

Microeconomics 2nd Edition, Bernheim and Whinston

Microeconomics 2nd Edition PDF Download Ebook. B.douglas Bernheim and Michael D. Whinston focus on core principles of the intermediate microeconomics course: individuals and firms making decisions, competitive markets, and market failures, and is delivered in a combination of print, digital, and mobile formats appropriate for today's learner.

An accessible text that does not require knowledge of calculus, Microeconomics utilizes examples and integrates topics that will stimulate and motivate students. Key advantages of Bernheim and Whinston’s approach are fresh, up-to-date treatment of modern microeconomic theory with clear and engaging writing style, along with innovative pedagogy that provides students with more accessible ways to understand and master difficult concepts.

McGraw-Hill's adaptive learning component, LearnSmart, provides assignable modules that help students master core concepts in each chapter. Scan codes within the chapters give students mobile access to online resources including videos on how to solve In-Text Exercises. Extensive end-of-chapter material provides flexible options for both calculus and algebra-based courses.

Bernheim and Whinston's completely integrated and accessible learning experience teaches students to apply and engage with a wide range of quantitative problems for more success in the intermediate microeconomics course. Numerous real-world applications are closely tied to the theoretical material developed in the text. This book teaches students to solve a wide range of quantitative problems without requiring calculus.

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Microeconomics by Frank Cowell

Microeconomics PDF Download Ebook. Frank Cowell describes core microeconomic principles using a clear and carefully constructed learning framework. The text provides a solid foundation in microeconomic analysis, using mathematical techniques where appropriate. Students also learn how to apply analytical techniques to a range of economic problems.

The text introduces the core concepts and techniques in early chapters, and builds upon these fundamentals throughout later chapters. Each chapter contains comprehensive problem sets and exercises, enabling students to put the theories they have learned into practice.

In addition, the book is supported by a companion web site containing supplementary resources for lecturers and students. For lecturers these include PowerPoint slides and answers to the book's many exercises and question sets. Features for students include PowerPoint material designed to aid understanding of graphical arguments used in the text and model answers to some of the exercises.

This text contains many examples that are very well developed from the analytical point of view and cover a wide range of issues. As a highly accessible text for modern microeconomics, it is easy to follow and allows the reader to quickly get into an economist's way of arguing.

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Intermediate Public Economics, Hindriks and Myles

Intermediate Public Economics PDF Download Ebook. Jean Hindriks and Gareth D. Myles offer the core topics market failure and taxation as well as recent developments in the political economy and public choice literatures. It is unique not only in its broad scope but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence.

It then discusses departures from efficiency, including imperfect competition and asymmetric information; issues in political economy, including rent-seeking (a topic often omitted from other texts); equity; taxation issues, including tax evasion and its consequences; fiscal federalism and tax competition among independent jurisdictions; and the intertemporal issues of social security and economic growth.

This text introduces the reader to the theory of public economics and the most significant results of the analysis, providing an overview of the current state of the field. It is accessible to anyone with a background of intermediate microeconomics and macroeconomics and can be used in advanced undergraduate as well as graduate courses.

Although the mathematics has been kept to a minimum, the book remains analytical rather than discursive. Annotated suggestions for further reading and numerous exercises are included at the end of each chapter. After introducing the theory and methodology of public economics and reviewing the efficiency of the competitive equilibrium, the book presents a historical and theoretical overview of the public sector.

This book sets a new standard as a comprehensive text in public economic theory for advanced undergraduates and beginning graduate students. It combines clear and concise coverage of traditional topics, such as public goods, the theory of taxation, and externalities, with engaging and up-to-date discussion of more specialized topics such as political economy, fiscal federalism, and the effect of taxation on economic growth.

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Wednesday, February 20, 2013

The Politics of Public Budgeting 6th Edition, Rubin

The Politics of Public Budgeting: Getting and Spending, Borrowing and Balancing 6th Edition PDF Download Ebook. Irene S. Rubin describes recent issues in budgeting with coverage of the Alternative Minimum Tax controversy, mayoral vetoes, state legislatures role in the budgeting process, conflicts between inspectors general and executives, PART evaluations, and more.

In addition, Rubin now pays even greater attention to budgeting within state and local systems, incorporating examples from across the nation and better preparing students for future careers at all levels of government. Analyzing each strand of the decision-making process, Rubin shows the extraordinary coordination involved in passing a budget and achieving accountability.

Public budgeting is inherently political: too often, short-term partisan goals overrun long-term public interest. By presenting federal, state, and local budgeting within a clear, comparative framework, Rubins classic text focuses on the issues of federalism and the political jockeying that influences all governmental budgets.

Rubin's clear understanding of federal, state and local politics on budget and revenue issues makes this a valuable book for practitioners, students and the general public. What's unique is her presentation of the dynamics of budgeting: interests, parties, officials, policymakers, and the public gather, dispute, regroup and clash in a lifelike picture of issues central to American life. The examples and Professor Rubin's insight and sometimes acerbic wit give vitality to this essential work.

With clarity and insight, and through telling examples, Professor Rubin explains how budgets are built, how they operate, how they can fail and the subtle techniques that are used to hide costs and defer problems into the future.

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Public Finance in Theory and Practice 2e by Ulbrich

Public Finance in Theory and Practice 2nd Edition PDF Download Ebook. Holley H. Ulbrich offers substantially reorganized topics to put more emphasis on public expenditure. The events of the last decade have challenged the contemporary neo-classical synthesis in all branches of economics, but particularly public finance. The most notable feature is the infusion of behavioral economics throughout the text, with an end of chapter question inviting the student to apply a behavioral lens to some question or issue.

There continues to be an emphasis on the importance of the institutional context, drawing on examples from many countries and emphasizing the role of lower level governments in a federal system. The first five chapters establish this context by reviewing the role of government in a market system, the description of government structure from an economic perspective, the basic data about revenue and expenditures, the elements of public choice, and the distributional role of government.

Expanded treatment of public goods includes common property resources and congestible or club goods. Expanded discussion of budgeting and cost-benefit analysis provides some practical application of the theory.

Updated discussions of social security, public education and health care address these three major contemporary public finance issues. The traditional emphasis on revenue (taxes, fees and grants) has been retained but follows rather than precedes the discussion of expenditures.

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Fiscal Administration 9th Edition by John Mikesell

Fiscal Administration 9th Edition PDF Download Ebook. John Mikesell shows how public budgets operate and gives you the opportunity to crunch the numbers. With actual data from the U.S. federal budget, including its breakdown, you can see for yourself how policymakers allocate money. Each chapter illustrates concepts and issues with case studies from the private sector as well as from public finance.

This text is based on two principles: that students must understand precisely where the money for public budgets comes from, and that students must "run the numbers" to effectively learn public finance and budgeting. Author gives students detailed instruction to equip them to deal with the complex issues and calculations they will encounter in the field.

Most chapters include questions and exercises that require calculations to determine the answers. Also included are "Cases for Discussion" and "Sidebars" that supplement the objectives with more in-depth treatment of key topics. This new edition includes the budget information from the Obama administration and the latest federal government fiscal data.

Updated key features include an in-depth analysis of the most recent federal budget and the latest tax data available, offering students insight into the financial state of the country. The author presents extensive coverage of the Program Assessment Rating Tool (PART) for the federal budget-making process. Chapter-ending "Questions and Exercises" challenge students with both quantitative and qualitative solutions to fiscal problems drawn from federal, state, and local government levels.

Federal tax reform proposals, including President's Tax Reform Panel deliberations, are thoroughly covered. "Cases for Discussion" present real-world contemporary cases that encourage students to think critically about how government finance works. Each case includes questions that prompt students to analyze and debate fiscal applications in the public sector. New cases and sidebars have been added in this edition.

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Monday, February 18, 2013

McGraw-Hill Public Finance by Laurence S. Seidman

McGraw-Hill Public Finance PDF Download Ebook. Laurence S. Seidman explores the current and controversial topics that are relevant in today's world with chapters devoted to health care, the environment, and social security. Students will examine the most economical way to resolve these issues by taking a public finance approach.

Several chapters contain appendices for further exploration and explanation of indifference curve material, allowing a professor to customize the course to fit time constraints and the varying competencies of students. It is an approachable text designed with students in mind. The 13 chapters are intentionally written to be taught easily in one semester without skipping material or losing any information.

This text contains all the necessary tools and core chapters that are integral to any Public Finance course in a clear and easy-to-read format. The concise sections and lucid examples are engaging for students, without being dense or tedious. This text incorporates research from across the discipline and provides empirical tie-ins to the real world. The author also covers special topic chapters that define public finance, like education, social security, and healthcare.

This textbook offers a complete look at the material by employing easy-to-read graphs, tables and charts that supply an intuitive, at-a-glance understanding of the material without dense prose and lengthy passages. The concise and conversational writing style makes this first edition text very approachable to students. The brief sections and clear examples are appealing and relevant, without becoming crowded or dull.

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Public Finance 9th Edition, Harvey Rosen and Gayer

Public Finance 9th Edition PDF Download Ebook. Harvey S. Rosen and Ted Gayer explain as clearly as possible how the tools of economics can be used to analyze government expenditure and tax policies. This new edition incorporates recent developments and along the way takes students to the frontiers of current research and policy.

While the information presented is cutting edge and reflects the work of economists currently active in the field, the approach makes the text accessible to undergraduates whose only prior exposure to economics is at the introductory level. All of the changes in the ninth edition were made to further the authors' goal of providing students with a clear and coherent view of the role of government spending and taxation.

The authors' years of policy experience have convinced themselves that modern public finance provides a practical and invaluable framework for thinking about policy issues. The goal is simple: to emphasize the links between sound economics and the analysis of real-world policy problems.

Harvey S. Rosen is the John L. Weinberg Professor of Economics and Business Policy at Princeton University. Professor Rosen, a Fellow of the Econometric Society and a Research Associate of the National Bureau of Economic Research, is well known for his contributions to the fields of Public Finance, Labor Economics, and Applied Microeconomics.

Ted Gayer is an associate professor at Georgetown University's Public Policy Institute. He is also an adjunct fellow at the Public Policy Institute of California and an adjunct scholar at the American Enterprise Institute.

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Public Finance and Public Policy 4th Edition, Gruber

Public Finance and Public Policy 4th Edition PDF Download Ebook. Jonathan Gruber offers up to date on the important debates that are dominating today’s policymaking, giving them the basic tools they need to understand fundamental public finance issues now and in the future.

In the past twenty years, the field of public finance has undergone a dramatic evolution, with a growing interest in the study of transfer programs and social insurance. The field has also moved from predominantly theoretic approaches to putting more emphasis on high-quality empirical work, both in the traditional areas of tax and direct spending and in the newer areas of transfer programs and social insurance.

Like no other text available, it enhanced its survey of essential, traditional topics with an emphasis on empirical work and coverage of transfer programs and social insurance. Coming in the wake of the 2008 financial crisis, the presidential election, the 2009 stimulus package, and ongoing debates over financial reform and health care reform—Gruber is the author of Massachusetts’ universal coverage plan—the new edition couldn’t be more timely.

JONATHON GRUBER, Massachusetts Institute of Technology, has extensive first-hand research experience in a broad range of topics in health care economics, taxation and redistribution programs. He has taught Contemporary Public Finance at MIT for twelve years and has served as Deputy Assistant Secretary for Economic Policy at the Treasury Department, where he worked on tobacco regulation, child care, higher education, public health insurance, global warming, Social Security reform, and welfare and income distribution policy

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Saturday, February 16, 2013

Statistics 4th Edition by Freedman, Pisani and Purves

Statistics 4th Edition PDF Download Ebook. David Freedman, Robert Pisani and Roger Purves cover fundamentals using real examples to illustrate the techniques. It has been carefully revised and updated to reflect current data.

David Freedman received his B.Sc. from McGill and his Ph.D. from Princeton. He has worked as a consultant for the City of San Francisco, the County of Los Angeles, the U.S. Department of Energy, and the U.S. Department of Justice. He has written several previous books and numerous technical papers. He is a member of the American Academy of Arts and Sciences and teaches at the University of California, Berkeley.

Robert Pisani received his B.A. and Ph.D. at the University of California, Berkeley. His research interests include probability models of market-price behavior and the statistical valuation of financial instruments. Roger Purves received his B.A. at the University of British Columbia and his Ph.D. at the University of California, Berkeley, where he currently teaches. His research interests are in the mathematical foundations of probability theory.

Statistics is often very hard for non-statisticians. But this book presents a great approach to explaining the fundamentals and key concepts/ideas of Statistics. Explanations and exercises are clear and relevant to real-life applications.

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Business 13th Edition by Pride, Hughes and Kapoor

Business 13th Edition PDF Download Ebook. William M. Pride, Robert J. Hughes and Jack R. Kapoor provide comprehensive survey of the functional areas of business: management, marketing, accounting, finance, and information technology.

Core topics include ethics and social responsibility, small business concerns, and global issues. New coverage in this edition closely examines cutting-edge topics like the impact of the economic and political climate on business, green and socially responsible business, and sustainability. Increase student engagement and improve outcomes by incorporating one of our digital products into your course: CengageNOW, CourseMate, WebTutor, Interactive Business Plan, MikesBikes Simulation or Course360.

William M. Pride research articles have appeared in major journals in the fields of advertising and marketing, such as Journal of Marketing, Journal of Marketing Research, Journal of the Academy of Marketing Science, and the Journal of Advertising. Dr. Pride is a member of the American Marketing Association, Academy of Marketing Science, Association of Collegiate Marketing Educators, Society for Marketing Advances, and the Marketing Management Association.

Robert J. Hughes (PhD, University of North Texas) specializes in business administration and college instruction. He has taught Introduction to Business for more than 35 years both on campus and online for Richland College--one of seven campuses that are part of the Dallas County Community College District.

Jack R. Kapoor (EdD, Northern Illinois University) is professor of business and economics in the Business and Technology Division at the College of DuPage, where he has taught Introduction to Business, Marketing, Management, Economics, and Personal Finance since 1969.

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Methods for Applied Macroeconomic Research, Canova

Methods for Applied Macroeconomic Research PDF Download Ebook. Fabio Canova brings together dynamic equilibrium theory, data analysis, and advanced econometric and computational methods to provide the first comprehensive set of techniques for use by academic economists as well as professional macroeconomists in banking and finance, industry, and government.

The last twenty years have witnessed tremendous advances in the mathematical, statistical, and computational tools available to applied macroeconomists. This rapidly evolving field has redefined how researchers test models and validate theories. Yet until now there has been no textbook that unites the latest methods and bridges the divide between theoretical and applied work.

This graduate-level textbook is for readers knowledgeable in modern macroeconomic theory, econometrics, and computational programming using RATS, MATLAB, or Gauss. Inevitably a modern treatment of such a complex topic requires a quantitative perspective, a solid dynamic theory background, and the development of empirical and numerical methods--which is where Canova's book differs from typical graduate textbooks in macroeconomics and econometrics.

Rather than list a series of estimators and their properties, Canova starts from a class of DSGE models, finds an approximate linear representation for the decision rules, and describes methods needed to estimate their parameters, examining their fit to the data. The book is complete with numerous examples and exercises.

Today's economic analysts need a strong foundation in both theory and application. This text offers the essential tools for the next generation of macroeconomists. This book will become an invaluable reference for applied macroeconomists as well as a much-needed teaching tool for graduate macroeconomic courses. Anybody who has an interest in quantitative macroeconomics, either as an academic or as a practitioner, should buy it.

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Friday, February 15, 2013

Exploring Macroeconomics 6th Edition, Robert L. Sexton

Exploring Macroeconomics 6th Edition PDF Download Ebook. Robert L. Sexton promotes economic literacy and helps you appreciate how economics affects your everyday life. This engaging text combines innovative learning tools, a visually appealing design, and captivating content to help you easily absorb information and master key concepts.

Packed with examples from current events and pop culture, this text succeeds like no other book in conveying the excitement and real-world relevance of economics. The Aplia supplement is a comprehensive collection of interactive problem sets, analysis, tutorials, and experiments that require students to take an active role in the learning process. Students benefit from hands-on applications without creating extra work for instructors. Homework that is automatically graded and recorded can be assigned.

The text builds on well-known principles of learning and memory to help students absorb the material more easily and completely. Each chapter includes several short sections of just three to six pages that function as self-contained learning units, providing greater flexibility for instructors and allowing students to more readily grasp and retain information.

Each chapter is packed with material highlighting the connection between economics and everyday issues, including hot topics such as sex on television, property rights, song swapping, and more. "In the News" synopses present relevant, thought-provoking news stories, while "Global Watch" features explore economic causes and implications of international current events, and "Using What You've Learned" exercises challenge students to apply key concepts from the text.

An appealing design and abundant visual elements keep students engaged and actively learning, while photos, graphs, tables, and charts throughout the text help to illustrate, clarify, and reinforce key economic principles.

Sexton's dynamic writing style helps students stay interested in the material, while the text's brief, easy-to-digest sections, built-in review questions, and frequent real-life examples and applications make learning easier and more effective.

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Macroeconomics Policy and Practice, Frederic S. Mishkin

Macroeconomics Policy and Practice PDF Download Ebook. Frederic S. Mishkin clearly provides a theoretical framework that illustrates the most current and relevant policy debates in the field. This book offers your students with the most current and locally relevant theories in Macroeconomics today!

To show the relevance of the underlying theory, this text provides continual exposure to real-life economic issues through an array of cases and applications. Over 40 in-chapter applications show students how to apply theories to real-world examples. Examples include the Great Inflation from 1965 to 1982, 2007-2009 financial crisis, the impact of oil prices on real wages and the stock market, foreign exchange crises and why unemployment in the United States is typically lower than in Europe.

Never before has the connection between finance and macroeconomics been so important. Mishkin includes three full chapters that discuss and analyze this relationship and the resulting policy implications. This text focuses on the long run, showing how a well-functioning financial system promotes economic growth and builds a framework for Chapter 15’s look at how finance can affect the economy in the short run.

Author analyzes the dynamics of financial crises and then applies this analysis to explaining both the most recent worldwide financial crisis as well as earlier episodes in U.S. history. This text provides a powerful, dynamic aggregate demand and supply (AD/AS) model that unfolds, step-by-step. This model serves as the sole engine for analysis of short-run fluctuations in economic activity and inflation.

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Macroeconomics for Managers by Michael K. Evans

Macroeconomics for Managers PDF Download Ebook. Michael K. Evans offers business managers and business school students an excellent practical explanation of the short-term linkages that impact the performance of the overall economy. While the underlying theoretical constructs are not ignored, emphasis is placed on the empirical underpinnings and managerial implications of macroeconomics.

The text begins by introducing key concepts such as the GDP, National and Personal Income, and the various measures of inflation and unemployment. Building on this foundation it then analyzes the following aspects of macroeconomics: aggregate supply and demand, international financial markets, cyclical fluctuations, policy analysis, and forecasting.

Engaging the reader through many features, the text includes detailed case studies and "Manager's Briefcase" discussions, which provide practical applications of macroeconomic concepts to real-world situations. Additionally, each chapter ends with a list of key concepts, a chapter summary, and practice questions. Its short-term, empirically oriented approach makes this text a distinctive and practical resource for better understanding macroeconomics.

This book provides an excellent introduction to understanding the impact of the macroeconomic on a business. It is well written to make the subject matter accessible to MBA and college students, managers, and interested laymen. This book belongs on every business bookshelf.

Michael K. Evans formerly taught at the Kellogg School at Northwestern University. Since 1981 he has headed Evans, Carroll & Associates (formerly Evans Economics), and has generated thousands of forecasts at the macroeconomic, financial, industry, and individual company level. He was awarded the Annual Blue Chip Economic Forecasting Award in 1999 for the most accurate macroeconomic forecasts over the past four years.

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Thursday, February 14, 2013

Macroeconomic Essentials 3rd Edition, Peter Kennedy

Macroeconomic Essentials: Understanding Economics in the News 3rd Edition PDF Download Ebook. Peter Kennedy offers an alternative to the encyclopedic, technically oriented approach taken by traditional textbooks on macroeconomic principles.

Concise and nontechnical but rigorous, its goal is not to teach students to shift curves on diagrams but to help them understand fundamental macroeconomic concepts and their real-world applications. It accomplishes this by providing a clear exposition of introductory macroeconomic theory along with more than 700 one- or two-sentence "news clips" of economics media coverage that serve as illustrations of the concepts discussed.

Although the writing is accessible, end-of-chapter questions are challenging, requiring a thorough understanding of related macroeconomic concepts, problem-solving skills, and an ability to make connections to the real world. Students will learn practical macroeconomics and will be able to interpret and evaluate media commentary on macroeconomics. This third edition has been revised and updated throughout.

New material covers the subprime mortgage crisis and other subjects; new "curiosities" (boxed expositions of important topics) have been added, as have "news clips" about recent events; and the most challenging end-of-chapter questions are now separated from the less challenging. Many chapters include a set of numerical exercises (quite different from those found in traditional texts); a sample exam question appears at the end of each section within a chapter; and a test bank of multiple-choice questions (with answers) is available online.

Technical material appears in appendixes following each chapter. Other appendixes offer answers to the sample exam questions and the even-numbered end-of-chapter exercises. Macroeconomic Essentials will continue to appeal to instructors and students unhappy with the approach of traditional textbooks, to instructors teaching business students looking for relevance, and to instructors of policy- or applications-oriented macroeconomics courses.

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Macroeconomics: A European Perspective, Blanchard

Macroeconomics: A European Perspective PDF Download Ebook. Olivier Blanchard gives fuller understanding of the subject and has been fully updated to provide broad coverage of the financial crisis.

A unified view of macroeconomics enables students to make the connections between the short, medium, and long run. This is a truly outstanding textbook that beautifully marries theory, empirics and policy. It is surely destined to become the gold standard against which all other texts must be measured. It is refreshingly original for an undergraduate text.

Relevant applications to European economies and elsewhere are plentiful, and the breadth of topics covered is truly impressive. Unlike many texts at this level, the authors do not avoid potentially tricky, yet important topics; they do their utmost to relate textbook theory to real-world economics. Relative to competing texts, I think students would find this more engaging.

This text offers up-to-date material on the Euro, especially in light of the current crisis; strong open economy emphasis; and lots of examples from European countries. There is so much new material on the monetary union that there is much less need for supplementary reading. Olivier Blanchard studied at Universite of Paris Nanterre, and has taught at MIT since 1983. He is currently Economic Counsellor and Director of the Research Department of the International Monetary Fund.

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Wednesday, February 13, 2013

Macroeconomics: Private and Public Choice 14e, Gwartney

Macroeconomics: Private and Public Choice 14th Edition PDF Download Ebook. James D. Gwartney, Richard L. Stroup, Russell S. Sobel and David A. Macpherson include coverage of the recent economic conditions, helping students apply economic principles to the world around them.

You'll find analysis and explanation of measures of economic activity applied to today's markets and highlighting the recession of 2008-2009, plus text on the lives and contributions of notable economists. Common economic myths are dispelled, and the "invisible hand" metaphor is applied to economic theory, demonstrating how it works to stimulate the economy.

This book includes a robust set of online multimedia learning tools, with video clips and free quizzes designed to support classroom work. A completely updated Aplia interactive learning system is also available, completely with practice problems, interactive tutorials, online experiences and more.

Application boxes help students draw parallels between economics and pertinent topics such as supply, demand, financial bailouts, capital markets, and poverty. There is coverage of the recent stock market fallout, as well as its implications for investment decisions in today's world with in-depth analysis of the government response to the financial crisis--discussing both the political economy and federal budget implications.

There is section on the economic way of thinking about government, as well as updated information and data on the Great Recession and lessons learned from the Great Depression. It measures economic activity, assembling important indicators like the unemployment rate and digging into its meaning and relevance. It applies economic theory to current real-world issues and controversies, allowing students to apply what they learn directly to pertinent topics in the world around them.

This text dispels common myths of economic reasoning and examines how these myths can impede a nation's economic progress. It offers historical vignettes on the lives of notable economists, providing an opportunity to weave economic history into the classroom.

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Tuesday, February 12, 2013

Macroeconomics 9th Edition, Boyes and Melvin

Macroeconomics 9th Edition PDF Download Ebook. William Boyes and Michael Melvin show the latest thinking of today's economists on important macroeconomic phenomena while developing a solid global understanding of macroeconomic principles. This book clearly illustrates the connections between key macroeconomic principles and today's actual business practices using a reader-friendly approach, memorable examples, and unique global emphasis.

The latest macroeconomic statistics and developments as well as new coverage of recent events, such as the financial crisis and its global implications, ensure readers are familiar with contemporary applications of concepts. Proven learning tools and accompanying technology help clarify the macroeconomics concepts and applications that are most important for today's career and business success.

Dr. William Boyes is professor of economics at Arizona State University. He is the director of the office of economic education at ASU and a member of the Pacific Research Institute's Academic Advisory Board. Dr. Boyes has received many teaching awards, including the Golden Key National Honor Society Outstanding Professor Award at ASU in 1988, the Outstanding Teacher in the MBA Program Award at ASU in 1994, the Outstanding Teacher in the College of Business Award at ASU in 1995, Huizingh Outstanding Honors Professor in 2007, and Outstanding MBA Professor in 2008.

Michael Melvin is currently Head of Currency Research at Barclays Global Investors. He also retains affiliations at the Arizona State University Department of Economics and the Haas School of Business at the University of California, Berkeley. Dr. Melvin received his Ph.D. in economics from UCLA in 1980.

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Macroeconomics 7th Edition, Abel and Bernanke

Macroeconomics 7th Edition PDF Download Ebook. Andrew B. Abel, Ben S. Bernanke and Dean Croushore prepare readers to analyze real macroeconomic data used by policy makers and researchers. With a balanced treatment of both classical and Keynesian economics, the comprehensive coverage makes it easy for instructors to align chapters to fit their own syllabi.

Students in this course often struggle to see how the macroeconomic models compare to one another, and fit into the big picture. This text uses a unified approach based on a single economics model that provides students with a clear understanding of macroeconomics and its classical and Keynesian assumptions.

The main objective of the eighth edition is to keep the book fresh and up-to-date, especially in light of the recent crises in the United States and Europe and many new tools used by the Federal Reserve in response to the crisis. To reflect recent events and developments in the field, revisions have been made throughout the text, and additional new applications, boxes, and problems are included.

This book is intended for the intermediate macroeconomics course. This book is also suitable for all readers interested in the field of macroeconomics. A prolific researcher, Abel has published extensively on fiscal policy, capital formation, monetary policy, asset pricing, and Social Security–as well as serving on the editorial boards of numerous journals. He has been honored as an Alfred P. Sloan Fellow, a Fellow of the Econometric Society, and a recipient of the John Kenneth Galbraith Award for teaching excellence.

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Friday, February 8, 2013

Macroeconomic Theory: A Dynamic General Equilibrium Approach

Macroeconomic Theory: A Dynamic General Equilibrium Approach 2nd Edition PDF Download Ebook. Michael Wickens emphasizes the general equilibrium character of macroeconomics to explain effects across the whole economy while taking into account recent research in the field. It is the perfect resource for students and researchers seeking coverage of the most current developments in macroeconomics.

Author lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, and exchange-rate determination.

There is also an up-to-date account of monetary policy through inflation targeting. Wickens addresses the interrelationships between macroeconomics and modern finance and shows how they affect stock, bond, and foreign-exchange markets. In this edition, he also examines issues raised by the most recent financial crisis, and two new chapters explore banks, financial intermediation, and unconventional monetary policy, as well as modern theories of unemployment.

There is new material in most other chapters, including macrofinance models and inflation targeting when there are supply shocks. While the mathematics in the book is rigorous, the fundamental concepts presented make the text self-contained and easy to use. Accessible, comprehensive, and wide-ranging, Macroeconomic Theory is the standard book on the subject for students and economists.

It is the most up-to-date graduate macroeconomics textbook available today. General equilibrium macroeconomics and the latest advances are covered fully and completely. Two new chapters investigate banking and monetary policy, and unemployment. It addresses questions raised by the recent financial crisis using web-based exercises with answers.

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Macroeconomics 10th Edition by Stephen Slavin

Macroeconomics 10th Edition PDF Download Ebook. Stephen Slavin introduces global perspectives to many discussions. The author discusses the impact of technology and e-business on the recent economic expansion. A new interior design reflects the contemporary flavor that this traditional text now possess.

A Chapter Issues section at the end of each chapter gives practical application to at least one of the concepts covered in the chapter. Issues discussed include “Will You Ever Be Poor?” in Chapter 17. The discussion of comparative advantage in Chapter 18 has been written for simplicity and clarity, making it easier for students to learn. The streamlined basis of the text has been retained from the previous version, and the more obscure passages have been simplified.

Dozens of self-help boxes anticipate and answer frequently asked questions. The book reviews math that students should have learned before college. The better prepared students can skip this material, but this review enables all students to start on a level playing field in the course. Many advanced work boxes provide more challenging material, giving adventurous students an opportunity to learn and master difficult material. This optional material can be easily skipped by instructors.

Most chapters now have one or two “On the Web” blurbs, which direct the student to interesting websites. “Questions for Thought and Discussion” now include “Practical Application” questions in each chapter. Learning Objectives in each chapter are now tied to the test bank and the workbook problems.

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Thursday, February 7, 2013

Macroeconomics 11th Edition by Roger A. Arnold

Macroeconomics 11th Edition PDF Download Ebook. Roger A. Arnold sets the standard for clear, balanced, and thorough coverage of the principles of economics. Packed with intriguing pop culture examples, the tenth edition is revised to include the most comprehensive coverage of the financial and economic crisis available in principles of economics text.

With new content reflecting a changing economy and new resources addressing the needs of a changing classroom, this book is an ideal solution for principles courses. This text features two entirely new video types - Video Questions and Problems and Working with Diagrams. Video Questions and Problems videos walk you through a worked problem, similar to those found at the end of each chapter, providing an ideal study tool for reference as you do homework.

Working with Diagrams videos demonstrate key concepts in short (averaging 3-5 minutes) video pieces that can be played and replayed to see how the graphs and other diagrams are built. It focuses an entire chapter on the financial crisis. Covering all aspects of the crisis from its historical roots and various factors that contributed to the breakdown to policy responses from the government, this chapter brings together the context and direction that instructors and students are asking for in economic analysis of the recent crisis.

Video Office Hours videos feature Roger Arnold as he walks students through key concepts and graphs in each chapter. Using innovative video and whiteboard technology, the author provides both short concept pieces and longer lectures for each chapter, talking through the concepts just as he would in class and displaying on the whiteboard lecture points and demonstrating graphs. Students can play and replay the lectures as often as needed to review concepts.

Office Hours feature emulates the kinds of questions students bring to instructors after class. Office Hours explores key concepts such as how the money supply works; the purpose of the PPF; whether price ceilings are really good or bad for consumers; and the purpose of the AD/AS framework.

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Macroeconomics 11th Edition, Dornbusch & Fischer

Macroeconomics 11th Edition PDF Download Ebook. Rudiger Dornbusch, Stanley Fischer and Richard Startz include middle-of-the-road approach and very current research, while updating and simplifying the exposition. This book focuses on making the text even easier to teach from. The only pre-requisite continues to be principles of economics.

New sections include a discussion of the bubbles and bust that led up to the Great Recession, unorthodox monetary policy during the Great Recession as well as the enormous fiscal stimulus, and the reasons we see "jobless recoveries." Authors present updated data throughout the book, demonstrating key trends and thorough discussions of how such trends might be explained by traditional macroeconomic models.

Graphs, data tables, and empirical homework questions use the latest data available. • Expanded coverage of growth from one chapter to two. Growth has been moved forward to chapters 3 and 4 of the text. A new chapter (8) on the New Macroeconomics greatly expands the section from former chapter 1. This book covers rational expectations, the unit root of GDP controversy, real business cycles, and new Keynesian sticky price theory.

The two chapters on inflation and unemployment (16 & 17) have been condensed to one (7). A middle of the road approach is presented by experts. Controversies are explained but conclusions remain neutral. Chapter 20 gives advanced students the opportunity to explore modern theories of balance-of-payments crises, determinants of exchange rates, and the choice of exchange rate regimes. These chapters give instructors the flexibility to range from touching on a few international topics to a thorough discussion lasting several weeks.

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Principles of Economics 6th Edition, N. Gregory Mankiw

Principles of Economics 6th Edition PDF Download Ebook. N. Gregory Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day.

This text continues to be the most popular and widely used text in the economics classroom. Instructors found it the perfect complement to their teaching. A text by a superb writer and economist that stressed the most important concepts without overwhelming students with an excess of detail was a formula that was quickly imitated, but has yet to be matched.

The book features a strong revision of content in all thirty-six chapters. Dozens of new applications emphasize the real-world relevance of economics for today's students through interesting news articles, realistic case studies, and engaging problems. The premier ancillary package is the most extensive in the industry, using a team of instructors and preparers who have been with the project since the first edition. The text material is again fully integrated into Aplia, the best-selling online homework solution.

"In the News" boxes include excerpts from many newspaper articles and encourage students to apply basic economic theory to discover how economics can provide an illuminating new perspective and enable greater understanding of world events.

"FYI" boxes provide additional material to expand key concepts and discussions by offering a glimpse into the history of economic thought, clarifying technical issues, and exploring supplementary topics you might choose to complement your core lectures. Economic theory is most useful and interesting when applied to actual events and policies, which is why the text contains numerous Case Studies to vividly illustrate the real-world applications and consequences of key principles.

"Quick Quizzes" follow each major section to help students check their comprehension of what they just learned and to focus their review when preparing for exams. Each chapter contains a variety of problems and applications that encourage students to apply the material they have learned. These practical, interesting activities serve equally well as homework assignments and starting points for lively classroom discussions.

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