Target Market: for the 2 semester principles of economics course. One of the all time best-sellers, this text is widely used because of its careful, streamlined, and intuitive chapter organization. Microeconomics Organization Case & Fair, present a very precise and simplified microeconomic model first, before introducing all the exceptions and subtleties of a more complex economic world. Only after this simplified model is developed, do the authors give a throrough treatment of market imperfections, externalities, public finance, and international economics. (A detailed summary of this approach can be found in the preface). Macroeconomics Organization The Keynesian Cross is an integral part of this text. Case & Fair believe strongly, that a text should use the Keynsian Cross carefully and systematically, to build up to the AD/AS model. One of the great benefits of this appoach, is that students won't mistakenly apply what they learned about simple demand and supply to aggregate demand & supply. (A detailed summary of this approach can be found in the preface)
- ISBN10 1408208113
- ISBN13 9781408208113
- Publish Date 17 July 2008
- Publish Status Out of Print
- Out of Print 24 July 2009
- Publish Country GB
- Imprint Pearson Education Limited
- Edition 8th edition
- Language English