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Modern Principles of Economics (Paperback, 5th ed. 2021)
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Modern Principles of Economics (Paperback, 5th ed. 2021)
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Modern Principles means modern content and modern delivery and
Tyler Cowen and Alex Tabarrok deliver with a knack for revealing
the 'invisible hand' of economics at work and a unique combination
of vivid writing, up-to-date relevant examples and unparalleled
online resources, perfect for your principles of economics course.
Modern Principles of Economics places an emphasis on the power of
incentives which underscores how economics helps us understand why
we do what we do (in other words, the decisions we make in the face
of incentives in the real world). These are brought to life via
examples including a discussion of housing prices and the
elasticity of supply, the declining labor force participation rate
of young men, the platform economics of free goods like Facebook
and Twitter, monetary policy in a pandemic and the politics and
economics of trade in the Trump era. Modern Principles of Economics
is supported by Achieve, our integrated, online learning system
which allows you to engage every student with powerful multimedia
resources, an integrated e-Book, robust homework, and a wealth of
interactives, creating an extraordinary new learning resource for
students. Key features include: 170+ Marginal Revolution University
videos have been deeply integrated into the text and pedagogy,
providing valuable tools for both instructors and students Animated
pre-lecture tutorials reinforce in-class learning Access to an
eBook for easy reading and searching LearningCurve adaptive
quizzing offers practice questions and feedback Step-by-Step graphs
and Discovering data activities help students develop their
economic thinking
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