Economics: Principles and Applications

Economics: Principles and Applications

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Show your students how real-world policy issues, decisions, and applications impact them every day with the practical, accessible presentation in ECONOMICS. Written by acclaimed economists Hall and Lieberman, this straightforward, contemporary text remains as current as the latest headlines. Fresh new cutting-edge examples throughout this edition as well as updated mini-cases clearly illustrate core economic theory and applications in action. This editiona€™s streamlined chapters focus on todaya€™s most important economic theories and events as well as how they relate to practical situations. This easy-to-understand comprehensive text equips students with a solid economic foundation they can build on for success no matter what their careers. New diagrams, interactive online exercises, graphing applications, and Internet research resources give students hands-on experience in understanding current economic challenges. The book demonstrates how economics is an integrated, powerful body of knowledge able to address complex domestic and global issues. This edition presents the latest in economic thinking, and is supported by dynamic online resources such as Apliaa€™s leading online homework manager, CourseMate online tools, and CengageNOW course management system. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.The Nobel prizea€“winning economist Milton Friedman (1912a€“2006), explaining a point originally made by another great economist, Alfred ... Everything depends on the problem; there is no inconsistency in regarding the same firm as if it were a perfect competitor for one problem, ... Advertising, whether it merely informs customers about the product (a€œThe new Toyota Corolla gets 45 miles per gallon on theanbsp;...

Title:Economics: Principles and Applications
Author:Robert Hall, Marc Lieberman
Publisher:Cengage Learning - 2012-02-16


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