While the scope of the coverage is great, I couldn't find an index or a glossary of terms. Individual topics are developed in sufficient depth, for instance the discussion of marginal benefit and marginal cost in chapter 6 is more detailed than in most of the other textbooks that I have seen. I don't recall seeing anything close to this in other intro to economics textbooks that I have seen. The scope of the book is impressive, it even includes a chapter on the recent history of macroeconomic thought, with a great discussion of the macroeconomic policy during Great Depression, and since, doing a good job integrating the tools developed in earlier chapters. Reviewed by Marek Kolar, Associate Professor, Trine University on 5/30/19 I found this book to follow quite closely the way I like to teach principles. Most examples are from the US, but there are some examples from elsewhere in the world. In chapter 5 the sections are in the wrong order. Some of the equations did not show up in the program I was using to read it. Inevitably, some chapters assume that you learned the previous material (S&D, or AS/AD). I particularly like the 'Heads Up' section, which accurately points out the most common mistakes that undergraduates make.ĪS/AD is introduced early in the macroeconomic section and is used in later chapters.Īrranged usefully into relatively short chapters. Most won't go out of date, but for a few you notice their age. Includes specific examples from the news. Does a good job with the GDP measurement problems.

This book covers everything I do in Principles, plus some things I would like to include if I had time. Reviewed by Joyce Burnette, Professor of Economics, Wabash College on 8/12/19

Journalism, Media Studies & Communications +.

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