Modern Principles of Economics

Tyler Cowen, Alex Tabarrok

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English

Worth Publishers Inc.,U.S.
02 September 2020

Economics; Macroeconomics; Microeconomics

Modern Principles means modern content and modern delivery and Tyler Cowen and Alex Tabarrok deliver with a knack for revealing the ‘invisible hand’ of economics at work and a unique combination of vivid writing, up-to-date relevant examples and unparalleled online resources, perfect for your principles of economics course. Modern Principles of Economics places an emphasis on the power of incentives which underscores how economics helps us understand why we do what we do (in other words, the decisions we make in the face of incentives in the real world). These are brought to life via examples including a discussion of housing prices and the elasticity of supply, the declining labor force participation rate of young men, the platform economics of free goods like Facebook and Twitter, monetary policy in a pandemic and the politics and economics of trade in the Trump era. Modern Principles of Economics is supported by Achieve, our integrated, online learning system which allows you to engage every student with powerful multimedia resources, an integrated e-Book, robust homework, and a wealth of interactives, creating an extraordinary new learning resource for students. Key features include:

170+ Marginal Revolution University videos have been deeply integrated into the text and pedagogy, providing valuable tools for both instructors and students Animated pre-lecture tutorials reinforce in-class learning Access to an eBook for easy reading and searching LearningCurve adaptive quizzing offers practice questions and feedback Step-by-Step graphs and Discovering data activities help students develop their economic thinking

By: Tyler Cowen, Alex Tabarrok
Imprint: Worth Publishers Inc.,U.S.
Country of Publication: United States
Edition: 5th ed. 2021
Dimensions: Height: 235mm, Width: 155mm,
ISBN: 9781319383039
ISBN 10: 1319383033
Publication Date: 02 September 2020
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of numerous books on economics and he writes regularly for the popular press on economics, including for Bloomberg Opinion, The New York Times, The Washington Post, Forbes, and The Wilson Quarterly. Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of numerous books, his papers have appeared in numerous academic journals and his popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.

Reviews for Modern Principles of Economics

'I switched to Cowen/Tabarrok because I value the critical thinking perspectives they offer to students in their textbook--and I love all of the complementary teaching resources.” – Christopher Fawson, Utah State University 'Each of these videos is well done and I think they are all very useful. I've had some students in the past even comment on some of them indicating their usefulness in understanding the material.' – David Gillete, Truman State University '...one of the value-added elements of the Cowen and Tabarrok text is the excellent quality and presentation of the content in the accompanying videos.' – Joseph Guider, Caldwell College 'I already encourage my students to watch these videos. They are really well done!' – Nakul Kumar, Northern Virginia Community College '[The] short videos are always a hit with the students.' – Sarah Sheikh, Calhoun Community College