Economics: Third Edition (Volume 1 and Volume 2)

Author: (American) Stiglitz Walsh
Translator: Huang Xianfeng Zhang Fan
Publisher:
Publish Date: 2005-06-01
Features: Stiglitz's Economics is a highly influential economics textbook with a broad readership in both China and the United States. In the third edition of this book, the authors have made extensive revisions and updates, with over one-third of the content being entirely new. This edition includes descriptions of the latest theories and actual situations since the 1990s, such as explanations of the economics of the new economy represented by information technology, incomplete information in product and labor markets, game strategies, discussions of monetary policy from the perspective of interest rates rather than money supply and demand, a short-run fluctuation model centered on interest rates and output, the European Monetary Union and the euro, and the economic implications of the Asian financial crisis. This edition also provides numerous case studies of technological revolutions and internet URLs for finding economic information. The author of this book, Stiglitz, is the winner of the 2001 Nobel Prize in Economics and a professor at Columbia University in the United States. The other author, Walsh, is a professor at the University of California, Santa Cruz.