The goal of this text has always been to provide students with a solid introduction to the economic issues facing the world today, the methods economists use to study those issues, and the policy problems those issues create. Maintaining the earlier editions' comprehensive examination of the subject, this new edition has been streamlined to make the information more accessible to students. This edition includes updated information on employment, unemployment, the impact of technological change, the costs and benefits of foreign investments, Social Security, debts and deficits, and free trade. The authors have also increased their focus on globalization and international economic growth to expand students' understanding of worldwide issues.
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Book Description
Editorial Reviews
About the Author
Professor Richard Lipsey is Professor Emeritus in the Economics department at Simon Fraser University in Canada Professor Alec Chrystal is at the Sir John Cass Business School, London
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Most Helpful Customer Reviews
8 of 11 people found the following review helpful:
5.0 out of 5 stars
The best book for a beginner,
This review is from: Economics (12th Edition) (The Addison-Wesley Series in Economics) (Hardcover)
In this book (the twelfth edition) every economic subject is very well explained without difficult mathemayical concepts. People who like the mathematical approach can find something in the appendix. There are a lot of examples about real facts happened to real companies (Microsoft,...) or organization (OPEC...). The logic approach and the examples are very usefull for a beginner that first of all has to understand the main concepts rather than struggling in a difficult language or math.
2 of 4 people found the following review helpful:
5.0 out of 5 stars
A very beautiful book.,
By A Customer
This review is from: Economics (Paperback)
The authors have explained all principles with remarkable ease taking numerous to the point examples.
0 of 1 people found the following review helpful:
4.0 out of 5 stars
Fast, good customer service,
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This review is from: Economics (Paperback)
Seller: Item received before expected date, quick response from Customer Service when I asked to change shipping terms.
Book received in excelletn conditions. Suggested. Item: good foundation text
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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desired consumption spending, thousand dozen per month, total desired spending, desired investment spending, monetary validation, recessionary gap, autonomous spending changes, physical product multiplied, net export function, disequilibrium differentials, marginal utility per pound, current basic prices, fixed money stock, light pink area, production possibility boundary, price level shifts, dark pink area, spending curve, exogenous spending, price level causes, private consumption spending, government spending shifts, fiscal policy expansion, inflationary gap, sloped demand curve Key Phrases - Capitalized Phrases (CAPs): (learn more)
United Kingdom, Bank of England, United States, The Times, National Accounts, Second World War, European Union, Quantity Figure, New Classical, World Economic Outlook, Adam Smith, Financial Times, New Keynesian, Channel Tunnel, New York, Pre-Budget Report, European Central Bank, Monetary Policy Committee, Southeast Asia, The Economist, Coca Cola, Nobel Prize, World Bank, Output Figure, Blue Book Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
desired consumption spending, thousand dozen per month, total desired spending, desired investment spending, monetary validation, recessionary gap, autonomous spending changes, physical product multiplied, net export function, disequilibrium differentials, marginal utility per pound, current basic prices, fixed money stock, light pink area, production possibility boundary, price level shifts, dark pink area, spending curve, exogenous spending, price level causes, private consumption spending, government spending shifts, fiscal policy expansion, inflationary gap, sloped demand curve Key Phrases - Capitalized Phrases (CAPs): (learn more)
United Kingdom, Bank of England, United States, The Times, National Accounts, Second World War, European Union, Quantity Figure, New Classical, World Economic Outlook, Adam Smith, Financial Times, New Keynesian, Channel Tunnel, New York, Pre-Budget Report, European Central Bank, Monetary Policy Committee, Southeast Asia, The Economist, Coca Cola, Nobel Prize, World Bank, Output Figure, Blue Book Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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