Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern microeconomics, including mainstream and heterodox approaches. By providing multiple views of markets and how they work, readers will be better able to understand and analyze the complex behaviors of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles textbooks cover only mainstream economics and neglect the rich contextual analysis of heterodox economists. Heterodox material is presented as complementary to mainstream economics: understanding both approaches yields the deepest level of understanding. The book covers standard models, and includes substantial coverage of existing economic realities, featuring case studies and descriptive data. The book includes some coverage of all major heterodox schools of thought. This second edition incorporates new and expanded material on international trade (including disintegration and Brexit), climate issues and perspectives including degrowth, inter-temporal exchanges and games, non-market exchanges, trends in job opportunities, the rising cost of education, the gig economy, social media as an industry, and updated examples and cases. The book’s suite of digital resources has also been revised to ensure examples and activities are relevant to each part of the book. Written in an engaging style focused on real-world examples, this groundbreaking book brings economics to life. It offers the most contemporary and complete package for any pluralist microeconomics class.

Introduces concepts and ideas from mainstream economics as well as the full range of heterodox approaches to provide a truly pluralistic introduction to economics. Includes insights from recent developments including behavioural economics and game theory and focuses on the major economic issues of today to provide a contemporary introduction to economics which doesn't just rely on the same outdated models. Introduces the ideas of leading figures including Adam Smith, Karl Marx, Thorstein Veblen, Joseph Schumpeter, John Maynard Keynes and Friedrich Hayek to ensure that students are provided with the necessary intellectual context to fully understand contemporary economics. The website is complete with additional content from key chapters (including additional models and explanations), study questions, glossary, instructor manual, and PowerPoints to provide students and instructors with a full range of online support materials.

Introduces concepts and ideas from mainstream economics as well as the full range of heterodox approaches to provide a truly pluralistic introduction to economics. Includes insights from recent developments including behavioural economics and game theory and focuses on the major economic issues of today to provide a contemporary introduction to economics which doesn't just rely on the same outdated models. Introduces the ideas of leading figures including Adam Smith, Karl Marx, Thorstein Veblen, Joseph Schumpeter, John Maynard Keynes and Friedrich Hayek to ensure that students are provided with the necessary intellectual context to fully understand contemporary economics. The website is complete with additional content from key chapters (including additional models and explanations), study questions, glossary, instructor manual, and PowerPoints to provide students and instructors with a full range of online support materials.

Macroeconomic Principles and Problems: A Pluralist Introduction offers a comprehensive overview of the major topics in modern macroeconomics, from mainstream and heterodox perspectives. This textbook examines the key macroeconomic problems and policy debates facing contemporary society, including economic crises, sustainability, fiscal and monetary policy, government debt, state-led vs. market-led approaches for growth, and unregulated trade vs. protectionism. Written in an engaging style and focused on real-world examples, this textbook brings macroeconomics to life. Multiple examples of how each economic model works, coupled with critical analysis of the assumptions behind them, enable students to develop a sophisticated understanding of the material. Digital supplements are also available for students and instructors. Macroeconomic Principles and Problems offers the most contemporary and complete package for any pluralist macroeconomics principles class.

Microeconomic Principles and Problems offers a comprehensive introduction to all major perspectives in modern microeconomics, including mainstream and heterodox approaches. By providing multiple views of markets and how they work, readers will be better able to understand and analyze the complex behaviors of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies. Most principles textbooks cover only mainstream economics and neglect the rich contextual analysis of heterodox economists. Heterodox material is presented as complementary to mainstream economics: understanding both approaches yields the deepest level of understanding. The book covers standard models, and includes substantial coverage of existing economic realities, featuring case studies and descriptive data. The book includes some coverage of all major heterodox schools of thought. This second edition incorporates new and expanded material on international trade (including disintegration and Brexit), climate issues and perspectives including degrowth, inter-temporal exchanges and games, non-market exchanges, trends in job opportunities, the rising cost of education, the gig economy, social media as an industry, and updated examples and cases. The book’s suite of digital resources has also been revised to ensure examples and activities are relevant to each part of the book. Written in an engaging style focused on real-world examples, this groundbreaking book brings economics to life. It offers the most contemporary and complete package for any pluralist microeconomics class.

In order to fully understand the evolution and future growth of economic systems, we must draw on the lessons of economic history. The 2008 Financial Crisis, for example, mirrored past economic meltdowns with uncanny accuracy. Just like the Great Depression of the 1930s and the Savings and Loan Crisis of the 1980s, it featured deregulated lenders taking incredible risks with other people's money. Historical analysis is crucial to understanding trends and patterns that can help us predict the future. This text presents a ground-breaking, pluralistic introduction to economic history and the history of economic thought. Tracing the development of economic systems and economic thought, the text introduces students to the story from ancient times to contemporary capitalism, and also its critics. Focusing in particular on Smith, Marx, Veblen, and Keynes, the text encourages students to consider which ideas and systems are still relevant in the modern world. This book can be used as a standalone text for relevant classes or as a supplement in any principles course.

Macroeconomic Principles and Problems: A Pluralist Introduction offers a comprehensive overview of the major topics in modern macroeconomics, from mainstream and heterodox perspectives. This textbook examines the key macroeconomic problems and policy debates facing contemporary society, including economic crises, sustainability, fiscal and monetary policy, government debt, state-led vs. market-led approaches for growth, and unregulated trade vs. protectionism. Written in an engaging style and focused on real-world examples, this textbook brings macroeconomics to life. Multiple examples of how each economic model works, coupled with critical analysis of the assumptions behind them, enable students to develop a sophisticated understanding of the material. Digital supplements are also available for students and instructors. Macroeconomic Principles and Problems offers the most contemporary and complete package for any pluralist macroeconomics principles class.

In order to fully understand the evolution and future growth of economic systems, we must draw on the lessons of economic history. The 2008 Financial Crisis, for example, mirrored past economic meltdowns with uncanny accuracy. Just like the Great Depression of the 1930s and the Savings and Loan Crisis of the 1980s, it featured deregulated lenders taking incredible risks with other people's money. Historical analysis is crucial to understanding trends and patterns that can help us predict the future. This text presents a ground-breaking, pluralistic introduction to economic history and the history of economic thought. Tracing the development of economic systems and economic thought, the text introduces students to the story from ancient times to contemporary capitalism, and also its critics. Focusing in particular on Smith, Marx, Veblen, and Keynes, the text encourages students to consider which ideas and systems are still relevant in the modern world. This book can be used as a standalone text for relevant classes or as a supplement in any principles course.