This text conveys the principles of economics in a superb conversational style that engages students in the material unlike any other text. By appealing to students' interests and language; using familiar stories, illustrations, and scenarios and a direct-to-student writing style; and a narrative built on questions, the distance is lessened between the student and the unfamiliar concepts of economics. The book also maintains a focus on presenting basic concepts in depth and developing economics analysis step-by-step, rather than covering hundreds of topics superficially. With this book, students are discouraged from simply memorizing facts, and are engaged in active learning. Also available in macro and micro paperback split versions.
Fred Monroe Gottheil (1931-2016) was a Professor of Economics at the University of Illinois from 1959 to 2014, Professor Emeritus after his retirement, and director of the University's Center for Economic Education. His research focused on Marxian economics, the economics of the Middle East, and the oil industry.
Focusing on the differences, if any, with texts that reference or not the turn of the century (20th/21st) and 9/11, the aftermath of that militarily, and then the 2008/2009 fincancial crisis.
This book uses the 1980s'/1990's S&L and Banking problems primarily for its contemporaneous illustrations.
A good text that is accessible. Needs a better organization at places for definitions. The structure is that of an introductory work to econ at the university level.
This book was for my college Macroeconomics class Fall 2011. It was way too expensive, cashing in at about $200 when bought with the study guide. Surprisingly for an economics book it was written well enough that it was enjoyable to read and when read after a lecture, made everything make sense.