Economic Theory and Policy (8th Edition) (Original English Version)

Author: (USA) Baumol
Publisher:
Publish Date: 2002-08-01
Features: "Principles of Economics: Theory and Policy" (8th Edition) is 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 role of the United States in the world economy. Since the first edition introduced the aggregate supply/aggregate demand model as the fundamental tool for learning economics, William Baumol and Alan Blinder have consistently been at the forefront of economics teaching and research with their authoritative and timely arguments over the past two decades. In the 8th edition, the authors retain the economic tools that have been proven effective in the evolving field of economics teaching and research. In the first chapter, the book focuses on 12 conceptual themes for conceptual unity, allowing students to repeatedly review 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 relevant 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 more opportunities for classroom discussion. At the end of each chapter, there are summaries, key concepts, terms, and review questions.
Applicability: This book can be used as a professional textbook for MBA students, as a teaching material for economics in graduate courses, and as a training manual and reference book for management personnel in various companies.