Principles of Economics

Principles of Economics
By:John Taylor
Published on 2006-02-11 by Cengage Learning

In Economics, noted economist and teacher John Taylor unravels sophisticated material by combining clear, straightforward writing with annotated graphs and real-life examples that drive students' interest in modern economic theory. The first to cover long-run fundamentals before short-term economic fluctuations, Taylor's modern approach helps students understand the basic determinants of growth (labor, capital, and technology) before introducing fluctuations (inflation, output, and employment) that can occur even during periods of steady growth. His intuitive explanations of microeconomic principles and keen observations of the economy and daily life have been enthusiastically received by instructors across the country.Taylor's experience in international policymaking has always informed the narrative; his most recent service as Undersecretary of the Treasury for International Affairs brings even more real-world relevance to the Fifth Edition. New Point-Counterpoint essays prompt students to consider opposing viewpoints on issues in economic policy, while updated examples and data reflect current trends in the world economy. The author's trademark Conversation Boxes throughout the margins and graphs offer students a step-by-step illustration of the economic models and theories under review. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

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Book which was published by Cengage Learning since 2006-02-11 have ISBNs, ISBN 13 Code is 9780618640850 and ISBN 10 Code is 0618640851

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