Focusing on economics, this volume covers topics such as economic fluctuations, unemployment, macroeconomics, monetary policy, and budget deficits and the national debt.
--This text refers to an out of print or unavailable edition of this title.
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Editorial Reviews
About the Author
James D. Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University, where he directs the Stavros Center for the Advancement of Free Enterprise and Economic Education. He served as Chief Economist of the Joint Economic Committee of the U.S. Congress during 1999-2000. His most recent publication, Common Sense Economics: What Everyone Should Know About Wealth and Prosperity (St. Martin’s Press, 2005) is a primer on economics and personal finance designed for the interested lay person. His publications have appeared in both professional journals and popular media such as the Wall Street Journal and the New York Times. His Ph.D. in economics is from the University of Washington. His current research focuses on the measurement and determination of factors that influence cross-country differences in income levels and growth rates. In this regard, he is the senior researcher responsible for the preparation of the annual report, Economic Freedom of the World, which provides information on the institutions and policies of 130 countries. This data set, published by a worldwide network of institutes in 70 countries, is widely used by scholars investigating topics ranging from economic growth to peaceful relations among nations. Gwartney was invited by the incoming Putin Administration in March 2000 to make presentations and have discussions with leading Russian economists concerning the future of the Russian economy. In 2004 he was the recipient of the Adam Smith Award of the Association of Private Enterprise Education for his contribution to the advancement of free market ideals. He is the President-elect of the Southern Economic Association.
Richard L. Stroup is Professor of Economics Emeritus at Montana State University, as well as a Senior Fellow at the Property and Environment Research Center (PERC) and a Visiting Professor in Economics at North Carolina State University. For the three years before his retirement from Montana State University, he served as head of its Department of Agricultural Economics & Economics. Professor Stroup, who has a Ph.D. in economics from the University of Washington, was one of the originators of the “New Resource Economics,” the academic approach popularly known as free market environmentalism. He also served as director of the Office of Policy Analysis in the U.S. Department of the Interior and has been published widely in professional journals and popular publications. He is author or contributing editor of numerous books on the economics of resources and the environment and the author of Eco-nomics: What Everyone Should Know About Economics and the Environment (Cato Institute). Most recently he co-authored Common Sense Economics: What Everyone Should Know About Wealth and Prosperity (St. Martin’s Press, 2005) with James Gwartney and Dwight Lee. Stroup has lectured throughout the United States and abroad to professional and general audiences. He held the Hayek Chair in Economics at the University of Graz in Austria, in the fall of 2005. He is a member of the Mont Pelerin Society and an adjunct scholar with the Cato Institute.
Russell S. Sobel is Professor of Economics and holder of the James Clark Coffman Distinguished Chair in Entrepreneurial Studies at West Virginia University. He received his Ph.D. in economics from Florida State University in 1994. He has published over 75 books and articles, and has received national recognition for his work on FEMA reform. Sobel was the founding Director of the West Virginia University Entrepreneurship Center, and he serves on the advisory boards of five major professional and academic organizations. He has received numerous awards for both his teaching and research. He regularly teaches courses in both principles of economics and public economics, and gives lectures at economic education outreach programs.
David A. Macpherson is the director of the Pepper Institute on Aging and Public Policy and the Rod and Hope Brim Eminent Scholar of Economics at Florida State University, where he has received two university-wide awards for teaching excellence. Professor Macpherson is the author of many articles in leading labor economics and industrial relations journals, including the Journal of Labor Economics, Journal of Human Resources, and Industrial and Labor Relations Review. He is also coauthor of Contemporary Labor Economics, 8th, as well as the annual Union Membership and Earnings Data Book: Compilations from the Current Population Survey. His specialty is applied labor economics. His current research interests include pensions, discrimination, labor unions, and the minimum wage. He received his undergraduate degree and Ph.D. from the Pennsylvania State University. --This text refers to an out of print or unavailable edition of this title.
Richard L. Stroup is Professor of Economics Emeritus at Montana State University, as well as a Senior Fellow at the Property and Environment Research Center (PERC) and a Visiting Professor in Economics at North Carolina State University. For the three years before his retirement from Montana State University, he served as head of its Department of Agricultural Economics & Economics. Professor Stroup, who has a Ph.D. in economics from the University of Washington, was one of the originators of the “New Resource Economics,” the academic approach popularly known as free market environmentalism. He also served as director of the Office of Policy Analysis in the U.S. Department of the Interior and has been published widely in professional journals and popular publications. He is author or contributing editor of numerous books on the economics of resources and the environment and the author of Eco-nomics: What Everyone Should Know About Economics and the Environment (Cato Institute). Most recently he co-authored Common Sense Economics: What Everyone Should Know About Wealth and Prosperity (St. Martin’s Press, 2005) with James Gwartney and Dwight Lee. Stroup has lectured throughout the United States and abroad to professional and general audiences. He held the Hayek Chair in Economics at the University of Graz in Austria, in the fall of 2005. He is a member of the Mont Pelerin Society and an adjunct scholar with the Cato Institute.
Russell S. Sobel is Professor of Economics and holder of the James Clark Coffman Distinguished Chair in Entrepreneurial Studies at West Virginia University. He received his Ph.D. in economics from Florida State University in 1994. He has published over 75 books and articles, and has received national recognition for his work on FEMA reform. Sobel was the founding Director of the West Virginia University Entrepreneurship Center, and he serves on the advisory boards of five major professional and academic organizations. He has received numerous awards for both his teaching and research. He regularly teaches courses in both principles of economics and public economics, and gives lectures at economic education outreach programs.
David A. Macpherson is the director of the Pepper Institute on Aging and Public Policy and the Rod and Hope Brim Eminent Scholar of Economics at Florida State University, where he has received two university-wide awards for teaching excellence. Professor Macpherson is the author of many articles in leading labor economics and industrial relations journals, including the Journal of Labor Economics, Journal of Human Resources, and Industrial and Labor Relations Review. He is also coauthor of Contemporary Labor Economics, 8th, as well as the annual Union Membership and Earnings Data Book: Compilations from the Current Population Survey. His specialty is applied labor economics. His current research interests include pensions, discrimination, labor unions, and the minimum wage. He received his undergraduate degree and Ph.D. from the Pennsylvania State University. --This text refers to an out of print or unavailable edition of this title.
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Most Helpful Customer Reviews
17 of 19 people found the following review helpful:
5.0 out of 5 stars
Well written and interesting,
By James Boyd (Chicago) - See all my reviews
This review is from: Economics: Private and Public Choice (Hardcover)
If you are interested in economics, you should add this book to your personal library.This book is very well written (almost lively). It covers macro, micro and international economics in a very interesting way. A very good introductory economics book that will also refresh even the advanced readers.
10 of 12 people found the following review helpful:
5.0 out of 5 stars
When did textbooks become so interesting?,
By Angelique (New York, NY United States) - See all my reviews
This review is from: Economics: Private and Public Choice with Xtra! CD-ROM and InfoTrac College Edition (Economics: Private & Public Choice) (Hardcover)
I concur with the other reviewers...this is one textbook that is worth every dollar. The authors use color and layout so well in their instruction...a wonderful feature since economics, even with all its fancy graphs, can be very boring. The text is even engaging. It's a bookshelf staple for anyone who is interested in economics, student or not.
13 of 17 people found the following review helpful:
4.0 out of 5 stars
One of the few good books,
By Demetris Demetriou (U.S.A) - See all my reviews
This review is from: Economics: Private and Public Choice (Hardcover)
This is absolutely a good book not only for beginners, but for advanced readers as well. The book does a good job giving a general idea of the economic forces introducing the reader to a variety of subjects with detailed explanations. Some of the ideas are repetitive through the book, however. I found the applications at the end of the book very helpfull - something other books dont have.
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market process, high entry barriers, low entry barriers, economic fluctuations, school choice, health economics, demand for union labor, potential deposit expansion multiplier, poverty threshold income level, price searchers, lower resource prices, shortsightedness effect, other resource prices, inflationary premium, freest group, loanable funds market, production possibilities curve outward, higher resource prices, planned aggregate expenditures, implicit marginal tax rate, denotes questions, invisible hand principle, current aggregate demand, ideal economic efficiency, economic freedom rating Key Phrases - Capitalized Phrases (CAPs): (learn more)
All Rights Reserved, Cengage Learning, United States, Social Security, Core Macroeconomics, Core Microeconomics, Special Topics, Applying the Basics, New York, Federal Reserve, United Kingdom, Great Depression, World War, Hong Kong, Year Source, World Development Indicators, Economic Report of the President, Economic Freedom of the World, Thumbnail Sketch, International Economics, Journal of Economic Perspectives, American Economic Review, New Zealand, World Bank, The Economic Way of Thinking Browse Sample Pages:
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market process, high entry barriers, low entry barriers, economic fluctuations, school choice, health economics, demand for union labor, potential deposit expansion multiplier, poverty threshold income level, price searchers, lower resource prices, shortsightedness effect, other resource prices, inflationary premium, freest group, loanable funds market, production possibilities curve outward, higher resource prices, planned aggregate expenditures, implicit marginal tax rate, denotes questions, invisible hand principle, current aggregate demand, ideal economic efficiency, economic freedom rating Key Phrases - Capitalized Phrases (CAPs): (learn more)
All Rights Reserved, Cengage Learning, United States, Social Security, Core Macroeconomics, Core Microeconomics, Special Topics, Applying the Basics, New York, Federal Reserve, United Kingdom, Great Depression, World War, Hong Kong, Year Source, World Development Indicators, Economic Report of the President, Economic Freedom of the World, Thumbnail Sketch, International Economics, Journal of Economic Perspectives, American Economic Review, New Zealand, World Bank, The Economic Way of Thinking Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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