Economics, 5th Edition

Author: Michael 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 economies work and how they 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 recognized by domestic and international experts 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 one that best aligns 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, with nearly a thousand colorful illustrations vividly showcasing the core principles of economics and real-world economic issues, making them easy to understand and grasp. The guiding philosophy of this book is to be student-centered, focusing on helping learners develop "economic thinking skills" and understanding how market economies work and deeply reflecting on how they can be made to function better. Nobel laureate in Economics, founder of the rational expectations school, Professor Lucas, moved to confess in the book: "Economics is a great major; it is the foundation that guides you to excel in almost every other discipline." This 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, all of which are explained in detail. Visit Parkin's website (www.economicsplace.com)—the world's best "economics garden" website. It not only helps you complete online tests and one-on-one solutions for online teaching but also allows you to participate in discussions on current hot economic issues and policies, and you can also link to many other relevant online resources. Undoubtedly, this will create an unparalleled learning environment for you. Choosing Parkin's Economics is choosing the ticket to success and excellence!