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Macroeconomics: Private and Public Choice, 16th Edition

Prepare students to apply macroeconomic concepts to the world around them as MACROECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This readable book integrates public choice analysis and explains the operation of markets and the political process as well as market fai...

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Detalles Bibliográficos
Autor principal: James D. Gwartney; Richard L. Stroup; Russell S. Sobel; David A. Macpherson (Autor)
Formato: Libro
Idioma:Inglés
Publicado: United States of America : Cengage Learning, 2017
United States of America :
Edición:16th edition
Temas:
Acceso en línea:Texto completo

MARC

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520 |a Prepare students to apply macroeconomic concepts to the world around them as MACROECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This readable book integrates public choice analysis and explains the operation of markets and the political process as well as market failure and government failure. The book emphasizes why it is vital to understand both the market and political processes since approximately 40 percent of national income is allocated through the political process. Up-to-date coverage presents major current macroeconomic models and stresses the difficulties models face in explaining recent economic data. Students analyze the Great Recession of 2008-2009. This book dispels common economic myths and uses the "invisible hand" metaphor to explain economic theory. 
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650 4 |a Business & Economics/Economics/General 
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