Principles of Economics

by Karl E. Case, Ray C. Fair

This best-selling introduction to economics shows readers that economics is a powerful way of thinking and actually teaches them how to think like an economist and how to use economics to interpret world events. Reader-friendly and hands-on in approach, it provides a unified approach to economic theory, issues and policies -- using a variety of methods (stories, graphs, and equations) to present economics principles. Offers exceptionally up-to-date coverage in data, examples, events and topics. Begins with an introduction to economic basics, then explores microeconomics and macroeconomics, in depth. Considers both consumers and firms (including the capital market and the investment decision); market imperfections and the role of government; and current applied microeconomics issues (public finance; the economics of labor markets and labor unions; and health care, immigration, and urban problems). Explores macroeconomic principles and policy; macroeconomic analysis and issues; debates in macroeconomics and economic growth (Monetarism New Classical Theory; Supply-Side Economics; economic growth and productivity). Integrates global/international concerns/issues throughout. For anyone interested in a solid introduction to economics.

Genres: Economics, Business, Nonfiction, Textbooks

992 pages, Hardcover

First published December 1, 1988

Reviews

[I.Baschar · Rating 4 out of 5]

One of the best books in Economic, easy to understand.

[Sarah · Rating 4 out of 5]

This project was a lengthy undertaking, but I finally worked my way through this text.

This text is outdated, but that's not its fault; this is the one I got. Otherwise, it was a strong, simply-presented introduction to concepts in microeconomics and macroeconomics, primarily focused on the economic system(s) and context(s) of the United States. The world is changing so quickly in the Internet age that many of the delineations here no longer exist, though references to classical economics and some alternative systems were of course still pertinent. The economies of other nations are treated in a quasi-segmented way that does not reflect our global society (economy), and a shift in power dynamics has most definitely occurred internationally since this edition was released around the turn of the millennium. Language also needs a refresh. Generally, though, concepts are revisited multiple times, and students/readers are referred back to explanatory chapters for foundational information wherever necessary. Applied concepts in global economics (now outdated, but still interesting) are presented in each chapter for context. It's a good introductory text.

Newer editions (which I have not read) hopefully deal more with cultural and socio-economic influences on the economy in the United States, international economics and globalization, and the rise of the tech sector and knowledge workers. And of course there's the development of behavioral economics, which may eventually bring the entire rationality model crumbling to the ground.

[Deniz · Rating 5 out of 5]

It was very easy to read and understand. I liked the little yellow boxes within the text that gave examples of real world economic phenomena.

[Erbol · Rating 3 out of 5]

quite good

[Rishabh Upadhyay]

great

[Hanan · Rating 3 out of 5]

Setidaknya ini jadi buku pegangan selama 1 semester lalu..



baru ke update sekarang pfftff.

[Agus Dwi]

chalenging

[Travis · Rating 4 out of 5]

College text!