Economics [antikvár]

Preface for the Instructor Economists have many reasons to rejoice. In an era of declining college enrollments, the demand for economics courses continues to rise. Economic issues consume an everincreasing share of national attention. Just as the demand for plumbers would skyrocket if much of the plumbing in the world failed, the economic difficulties of the past decade seem to have made our profession relatively prosperous. Yet, at the same time, there are reasons for concern. If our Principles classes are representative, most Americans understand the economic news only dimly, if at all. The connections between the economic analyses conventionally presented in many economics courses and the real world bombardment of economic issues by the média appear strained to many students. The economic news is confusing to most Americans (and, apparently, to many economic journalists), and our classroom economic analysis of current events sometimes seems abstract, irrelevant, or even boring. We believe that this book will help you and your students in avoiding these pitfalls. Our major objective is to ensure that students learn those fundamental economic principles that provide unique insights into the way the world works, and which are useful in discovering solutions to every day problems. This objective cannot be realized if students find the material so difficult, theoretical, or dull that they will not read it (an all too common failure with many texts). Consequently, this book, far more than most, applies economic theory both to the everyday events that affect us as individuals, and to the occurrences that make the headlines. Special Features of the Book Perhaps the most striking feature of this book is that it is written in a simple but lively style