Free PDF Modern Principles: Microeconomics 2nd Edition, by Tyler Cowen, Alex Tabarrok
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Modern Principles: Microeconomics 2nd Edition, by Tyler Cowen, Alex Tabarrok
Free PDF Modern Principles: Microeconomics 2nd Edition, by Tyler Cowen, Alex Tabarrok
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Engaging authors, unbiased presentations of essential ideas, and a knack for revealing the 'invisible hand' of economics at work inform the thoroughly updated new edition of Modern Principles, drawing on a wealth of captivating applications to show readers how economics shed light on business, politics, world affairs, and everyday life.
- Sales Rank: #5866 in Books
- Brand: Brand: Worth Publishers
- Published on: 2011-10-20
- Original language: English
- Number of items: 1
- Dimensions: 10.80" h x .81" w x 8.47" l, 2.29 pounds
- Binding: Paperback
- 432 pages
- Used Book in Good Condition
About the Author
TYLER COWEN Holbert C. Harris Professor of Economics at George Mason University, USA, and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly. ALEX TABARROK Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University, USA, and director of research for The Independent Institute. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.
Most helpful customer reviews
7 of 7 people found the following review helpful.
Modern Principles: Microeconomics
By student
The book is an easy read with illustrations so that you can understand how to apply the information to "real world".
3 of 3 people found the following review helpful.
As exciting as an econ textbook can be
By ninjawarrior19
This book is well-written and perfect for a high school AP micro class or introductory college course. It is very easy to understand and follow. There are relevant real world examples, a pleasant smattering of humor, and helpful pictures. I have learned econ very well from reading this and have decided to make economics my major!
8 of 11 people found the following review helpful.
a new approach, that's for sure
By Caraculiambro
Here's the author himself writing, touting the virtues this new approach:
"Here are a few of my favorite things Modern Principles:
1. It has the most thorough treatment of the interconnectedness of markets and the importance of the price system; most texts only pay lip service to this.
2. It is the most Hayekian of the texts on micro theory without in any way ignoring the importance of externalities, public goods and other challenges to markets.
3. It has an entire chapter on ethics and economics. We do present economics as a value-free science, yet we all know how much ethics shapes people's economics views. The book helps the student sort out common confusions and explains the ethical presuppositions behind many "economic" arguments.
4. It has an entire chapter on incentives and incentive design (e.g. piece rates, tournaments, pay for performance). Oddly, many micro books do not discuss this crucial topic.
5. International examples--from Algeria to Zimbabwe--are written into the core of the book and not just ghettoized in a single "international chapter."
6. It is obsessed with the idea of teaching students to think like economists.
7. It is grounded in the belief that reading an economics text should be fun, not a chore.
8. It has balanced coverage of neo-Keynesian and real business cycle approaches.
9. It covers Solow "catch-up" growth, and Paul Romer's increasing returns, much more thoroughly than do the other texts. The macro book (section) starts off with the idea of why growth matters and is central to macroeconomics.
10. The financial crisis was written into the core of the book, rather than being absent or treated as an add-on. This means for instance plenty of coverage of financial intermediation and asset price bubbles.
11. The book's blog, a teaching tool with lots of videos, powerpoints and other ideas for keeping teaching exciting, is lots of fun and updated regularly (FYI, this is a great resource for any instructor of economics.)
In addition, of course, there is a full range of supplements including lecture powerpoints, test banks, student's guide, Aplia support and coming in the fall EconPortal (even better than Aplia, IMHO)."
He's referring throughout, obviously, to the combined edition.
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