Microeconomics: 5th Edition (5th Edition)

Author: Parkin
Publisher:
Publish Date: 2003-04-01
Features: This book treats economics as a serious, engaging, and evolving science. Its purpose is to help students develop "economic thinking skills" and understand how the economy works and how it can be made to work better. My goal is to provide as comprehensive and complete coverage of the subject as possible, rather than a partial or overly simplified excerpt. I recognize that many students find economics challenging, so I place the student at the center and write with them in mind. I use an approach and language that are not intimidating, focusing students on substantive content. At the beginning of each chapter, I briefly state the learning objectives. This is a friendly and introductory explanation designed to engage students in reality. This book is the current best-selling and most widely adopted economics textbook by Pearson Education Group (Pearson Education, the world's largest educational publishing institution). It is internationally recognized as one of the four best economics textbooks. It is renowned for its comprehensive system, thorough content, rigorous logic, and detailed explanations. It is hailed as the most suitable textbook for classroom teaching and also the most aligned with the teaching thinking habits of Chinese educators. "A picture is worth a thousand words." Professor Parkin further develops Samuelson's method of teaching economics, using nearly a thousand colorful illustrations to vividly and clearly demonstrate the core principles of economics and real-world economic issues. The guiding philosophy of this book is student-centered, focusing on helping learners develop "economic thinking skills" and understanding how a market economy works, as well as deeply reflecting on how to make the economy work better. Nobel laureate in Economics and founder of the rational expectations school, Professor Lucas, moved to admit in the book: "Economics is a great major; it is the foundation that guides you to learn almost every other subject well." The book comprehensively reflects the latest developments in economic theory and practice, such as dynamic comparative advantage, game theory, modern corporate theory, public choice theory, rational expectations, new growth theory, and real business cycle theory, among others, with detailed explanations.