Economics Private and Public Choice 14th Edition PDF Download Ebook. James D. Gwartney explains current economic conditions, enabling you to apply economic concepts to the real world. The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists.
This book dispels common economic myths. The text uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. The book includes a robust set of online multimedia learning tools with video clips and free quizzes designed to support classroom work. A completely updated Aplia interactive learning system is also available--with practice problems, interactive tutorials, online experiences and more.
This text highlights the importance of dynamic competition and entrepreneurship. Innovative new products and lower cost production methods are the driving force of both competition and economic growth. These vitally important factors are overlooked by other texts, but we explain how they alter our lives and change our lifestyles.
A heavily revised chapter highlights the historical importance of Keynes and the Keynesian view of economic fluctuations. Every chapter has been revised and modified to reflect the environment of today’s domestic and global economy. The authors pay particular attention to the factors and institutions that have enabled the economies of some countries.
Finally, students have more questions about the current state of the economy than ever before. They want to understand the causes of the housing boom and bust, the 2008 financial crisis, the weakness of the subsequent recovery, and the growth of the federal debt. They want to know where all of this is leading. This text deals with all of these issues and provides empirical evidence that will help you address their questions.
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