The New World of Economics, 6th edition, by Richard McKenzie and Gordon Tullock, represents a revival of a classic text that, when it was first published, changed substantially the way economics would be taught at the introductory and advanced levels of economics for all time. In a very real sense, many contemporary general-audience economics books that seek to apply the aeconomic way of thinkinga to an unbounded array of social issues have grown out of the disciplinary tradition established by earlier editions of The New World of Economics. This new edition of The New World will expose new generations of economics students to how McKenzie and Tullock have applied in a lucid manner a relatively small number of economic concepts and principles to a cluster of topics that have been in the book from its first release and to a larger number of topics that are new to this edition, with the focus of the new topics on showing students how economic thinking can be applied to business decision making. This edition continues the bookas tradition of taking contrarian stances on important economic issues. Economics professors have long reported that The New World is a rare book in that students will read it without being required to do so.They drove up the demand for the Toyota Prius and Honda Civic hybrids (the only cars that qualified for stickers at the time), but the sticker ... For example, because of the stickers, the small Prius in 2006 was selling for over $30, 000, and had waiting lists until early 2007. The Civic hybrid carried a dealer aadded premiuma to the manufacturera#39;s suggested list price of as much as $4, 000 (with the hybrid Civicanbsp;...
|Title||:||The New World of Economics|
|Author||:||Richard B. McKenzie, Gordon Tullock|
|Publisher||:||Springer Science & Business Media - 2012-05-16|