<p>Economics is a living discipline. Through nine editions of Economics, our basic motivation has been to provide a text that reflects the tremendous changes in the discipline over the decades. The first major theme of this book is to reflect the movement of economics toward becoming a science and exhibiting the key characteristics that marks any science: the systematic confrontation of theory with observation. A second major theme concerns the relationship between economic theory and economic policy. The third major feature has to do with the way we view students. We have tried to be as honest with them as possible within the limits of an introductory textbook.</p>

Economics

Business & Money

Richard G. Lipsey

Paul N. Courant

Peter O. Steiner

Douglas D. Purvis

Longman Higher Education

This fully updated and revised edition provides Economics students with a clear and comprehensive introduction to the principles of both macroeconomics and microeconomics. The macro sections include more focus on economic growth and contain a variety of global examples including development and the world trading system, the Japanese economy, EU monetary and fiscal policies and transition economies. The micro sections give more prominence to game theory and strategic interaction and include topics such as optimization of agents, market failure and the role of government, asymmetric information and incentives, and risk management. The clear full-colour layout and enhanced pedagogical features help guide the introductory student through the material. Pedagogy for this edition includes chapter learning objectives, chapter introductions, case studies, chapter summaries, end of chapter questions and a glossary. Nwe to this edition are: new examples, including: coffee prices, museum charges, MPC paper on how interest rates work, globalization and poverty, economics of HIV/Aids and economics of tropical rain forests; economic growth is given more prominence in the Macroeconomics section; game theory and strategic interaction are given more prominence in the Microeconomics section; new case studies on: Argentina and asset price bubbles; and, updated sections on: Japan and EU monetary and fiscal policies. This edition has a companion web site which contains a high quality, full supplementary package for lecturers and students, including instructor's manual, computerised testbank, PowerPoint slides and web links.

HarperCollins, Publishers

In addition to fine-tuning and streamlining the prose and the overall presentation of this new edition, the authors have comprehensively updated the text and the applications to reflect recent economic developments and topics of current interest.The treatment of macroeconomics is divided into four parts: national income and fiscal policy; money, banking, and monetary policy; macroeconomic problems and policies; and international economics. The themes of internationalization and economic growth are also prevalent in the text and are interwoven throughout all four parts.

Macroeconomics

Harpercollins College Div

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Books by Douglas D. Purvis