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Economics: Principles, Problems and Policies, by Campbell R McConnell
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OVERVIEW McConnell, Brue, and Flynn's Economics: Principles, Problems, and Policies is the #1 Principles of Economics textbook in the world. It continues to be innovative while teaching students in a clear, unbiased way. The 19th Edition builds upon the tradition of leadership by sticking to 3 main goals: Help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy. GLOBAL EDITION Reorganized chapters to move international economics topics closer to the front of the book, including adding a web chapter into the physical textbook. New feature box and in-text examples that reflect a more global mix of countries, companies, and personalities. Globally-focused data throughout the text and figures to illustrate topics such as the uses of money, oil production in OPEC nations, and global interest rates. Updated discussion of exchange rates to focus on the euro and euro-area countries.Revised end-of-chapter material highlighting Asian, African, Central American, and European examples.
- Sales Rank: #309351 in Books
- Published on: 2011-08-01
- Original language: English
- Number of items: 1
- Dimensions: 10.00" h x 1.38" w x 8.58" l, 1.10 pounds
- Binding: Paperback
- 920 pages
Most helpful customer reviews
6 of 6 people found the following review helpful.
A detailed presentation of economic theory with real world applications.
By Srinidhi Anantharamiah
As an instructor of economics, I would say McConnell and Brue's book is probably the best text to introduce students who may have no background or appreciation for the study of economics. It is well written and contains clear, concise analyses to examine important concepts and principles that have taken centuries to theorize and to validate. The authors also use several real world examples and case studies to help the reader apply economic concepts to business and societal problems. I still remember using an earlier edition of this text when I was an undergraduate student a number of years ago. I found it meaningful and practical then , and I find it quite valuable now as a teacher. Some things never change!
I would higly recommend this text to students taking their introductory courses in economics. The material presented is quite relevant to the development of an understanding and appreciation of how humans and society satisfy their unilimited wants and needs given scarce resources and limited choices. I like to refer to it as "the philosophy of life." It never put me to sleep!
5 of 5 people found the following review helpful.
Not too cute
By Karl Miran
Having taught Economic Theory in both college and HS settings since 1980, I feel confident that this text is the most useful in introducing students to this discipline. Straightforward where it can be, but acknowledging the complexities that do exist in the study of economics, the authors provide a meaty text that serves as a great companion to a knowledgeable teacher. The teacher's own style and emphases can be integrated with the material that McConnell and Brue explore.
16 of 25 people found the following review helpful.
Dinosaurs Live!
By D. W. MacKenzie
This is one of the worst entry-level that I have ever seen. It is badly organized. The material on Macroeconomics precedes the material on Microeconomics. It is out of date. Much of the content of this book consists of "Old Keynesian" economics of the 1950's that nobody- not even today's "New Keynesians"- believes in anymore. The authors briefly mention a few of the major changes in economic theory over the past 30 years, but do a poor job of explaining these new and dominant concepts. It is badly written. I have heard many students complain that it is a boring read, and that much of it is difficult to understand. It is unsophisticated and superficial. Its' muddled discussions lack depth, and fail to explore the subtleties of the faulty concepts it presents (this is the best things about this book). In short, this text is an embarrassment to the economics profession. The authors have failed to amend the content of their text in response to advances in economic theorizing, and continue to organize their text in accordance with the faulty and discredited Keynesian theories of the 1950's. If you must read this for a class, remember that its' content is as bad its' presentation.
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