Economics: Principles and Policy

by William J. Baumol, Alan S. Blinder

Master the principles of economics, and gain an understanding of current economic situations with the solid introduction and policy-based examples and applications found in ECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition provides significant updates that reflect the latest economic situations and timely economic data. The authors combine the right level of rigor and detail to clarify even the most complicated concepts. A new chapter highlights U.S. economic leadership and assesses prospects for future U.S. growth based on strengths and weaknesses in key areas, such as productivity, innovation, entrepreneurship, health care, education, inequality, trade, the budget deficit, and climate change. Well-developed examples, intriguing puzzles and meaningful economic issues provide a good balance of theory to application.

Genres: Economics, Textbooks, Nonfiction, Business

800 pages, Paperback

First published January 1, 1979

Reviews

[Jessica · Rating 2 out of 5]

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

[Rachel Lu · Rating 2 out of 5]

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

[Fran · Rating 5 out of 5]

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