Economics (16th Edition)

Author: Samuelson, Nordhaus
Publisher:
Publish Date: 2002-01-01
Features: The American Nobel laureate in Economics, the father of modern economics: Samuelson's Economics is a must-read classic for learning economics. Since its first publication over 50 years ago, it has sold tens of millions of copies and has been translated into dozens of languages, influencing generations with its ideas. It is both an introductory textbook for economics beginners and a handbook for economics students to refresh their knowledge and gain new insights. It can be used as a teaching material or for self-study. Economics is the weapon that economists provide to the public to improve their lives and understand the world. Perhaps you don’t want to become an economist, but even so, you should still learn some economics. First, learning economics helps you make better personal decisions. Second, learning economics helps you understand how the world you live in works. Third, learning economics helps you understand the strengths and weaknesses of government policies. Last, learning economics can improve your way of thinking. The authors of this book are Paul A. Samuelson and William D. Nordhaus. The former is the American Nobel laureate in Economics, the synthesizer of 20th-century modern mainstream economics, the father of modern economics, and known as the "Einstein of economics" for proposing a unified theory of economic activity. The latter is a professor of economics at Yale University, a famous American economist, a member of President Carter's Economic Advisory Council, and a contributor to renowned journals such as The New York Times.