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* Chapter 3 is an early and accessible introductory discussion of one of economics' most powerful and universal insights: how people gain from comparative advantage and trade. This enables professors to include international applications at the beginning of the course. * Chapters 4-9, common to both splits, are concise and focus on Demand and Supply and its applications. * In Chapter 6, economics' most basic tool, supply and demand analysis, is put to work early to analyze the effect of real government policies. * Chapters 7, 8, and 9 expand the coverage of supply and demand to show what market outcomes mean to different groups of people and then use it to analyse taxation, the gains/losses from international trade, and explain the efficiency of markets. * Quick quizzes, case studies, "In the News" excerpts, "FYI" boxes, and end-of-chapter problems and applications are rich.
- Publisher Name:Cengage Learning, Inc
- Product Format:Hardback
- ISBN: XV80030982385
- Author:Mankiw, N. Gregory
- Publication Date:1997-08-25
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