Economics: Principles and Policy

by William J. Baumol

For the Third Edition, 2001 Nobel laureate Joseph Stiglitz joins forces with new co-author Carl Walsh, who brings both macroeconomic expertise and teaching savvy to the project. Together, Stiglitz and Walsh thoroughly integrate contemporary economics into the traditional curriculum. Since the publication of Economics, Second Edition, in 1997, the explosive development of information technologies has altered the economic landscape in important ways. In Economics, Third Edition, Stiglitz and Walsh embrace the information revolution as an opportunity to revitalize the presentation of economics by linking fundamental concepts and basic models to examples in the "new economy." Supplemented by powerful emedia offerings, outstanding ancillary resources, and comprehensive pedagogy, Economics, Third Edition, promises to be the most complete, authoritative principles package on the market.

Genres: Economics, Textbooks, Nonfiction, Business

900 pages, Hardcover

First published January 1, 1979

Reviews

[Jessica]

Just so you all don't think I'm slacking and NOT reading! LOL!

[Rachel Lu]

Way too simplistic and doesn’t go in-depth about many topics. Also, extremely confusing in chapter 37.

[Fran]

Key Takeaways:
1. "elephants may never forget, but people do"
2. The paradox of thrift in action: Japan
3. The simple algebra of the multiplier