Stiglitz "Economics" (Second Edition) Study Guide (Second Edition)

Author: Lawrence Martin
Publisher:
Publish Date: 2000-09-01
Features: This Study Guide helps you understand and absorb Stiglitz's Economics (Second Edition) and facilitates the use of related materials. The chapters in this book correspond to those in the textbook, with each chapter divided into three parts. Part includes Chapter Review, Key Concepts, and the Meaning of Key Concepts. The Chapter Review succinctly describes the structure of the chapter within Stiglitz's overall theoretical framework. Key Concepts summarize the main points of the chapter. The Meaning of Key Concepts offers advice to avoid common mistakes, guidance and explanations for difficult questions, and highlights similarities between related concepts as well as the shared framework of economic theory and concepts. The second part is Self-Assessment Questions, which include true/false, multiple-choice, and fill-in-the-blank questions. After studying the textbook and reading the Part of the Study Guide, you can take the Self-Assessment Questions. This will help you determine where you need further study. The third part is "Economics in Practice: Tools and Exercises." This section teaches you the basic skills of economics. The only way to complete this part is to sharpen your pencils and do the exercises. If you are willing to do so (or if this is assigned by your teacher), you will find these exercises very helpful. Each type of question comes with a toolkit that provides step-by-step guidance on how to use the corresponding tools and how to solve real-world problems step by step, along with practice exercises. Answers to the exercises are provided at the end of each chapter.