Robert Frank, Ben Bernanke
McGraw-Hill Education; 5th Edition
The latest (6th edition) of this textbook is also available at a discounted.
In recent years; innovative textbooks in foreign languages; science; mathematics; and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. 2 well-respected researchers and authors; Ben Bernanke and Robert Frank; have shown that the less-is-more approach affords similar gains in introductory economics. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contexts. With engaging explanations; questions; and exercises; the writers help college students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process; the writers encourage college students to become “economic naturalists:” people who employ basic economic principles to understand and explain what they observe in the world around them.
Principles of Macroeconomics; 5th edition; is thoroughly updated with examples that connect to current events such as the financial crisis of 2008 and Great Recession of 2007-2009 as well as other topics commonly discussed in the media.
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