Economics -- Theory and Policy (Eighth Edition)

Author: (USA) William J. Baumol, (USA) Alan S. Blinder
Publisher:
Publish Date: 2002-08-01
Features: Principles of Economics and Policy, 8th Edition, divided into 8 parts, including:
Introduction to economic concepts; Supply and Demand module; Markets from competition to monopoly; Income distribution; Government regulation of the economy; Supply and demand balance theory in macroeconomics; Financial and monetary policy theory; The United States in the world economy. Since the first edition introduced the aggregate supply/aggregate demand model as the foundational tool for learning economics, William Baumol and Alan Blinder have consistently led the forefront of economics teaching and research with their authoritative and timely insights over the past two decades. In the 8th Edition, the authors retain the proven economic tools that have been validated through the evolving landscape of economics teaching and research. In the first chapter, the book unifies concepts around twelve thematic topics, allowing students to repeatedly revisit these concepts until they can form a deep impression in their minds even after putting down the textbook. These themes are highly summarized and marked with special indicators. Influenced by real-world and current issues, the book retains corresponding theories. Each chapter begins with a question and provides an answer at the end of the chapter, covering the conceptual content of the entire chapter. The policy discussion and current issues discussion sections make the content more vivid and open up classroom discussions. At the end of each chapter, there are summaries, key concepts, terms, and review questions.
Applicability: This book is not only suitable as a professional textbook for MBA students but also as a teaching material for graduate-level economics courses, as well as a training manual and reference book for management personnel in various companies.