Economics: Private and Public Choice

By James D. Gwartney, Richard L. Stroup, Russell S. Sobel

Book Overview

Learn how to apply economic concepts to today's real world as ECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This highly readable, up-to-date text analyzes and explains measures of economic activity in today's market. It also highlights the recession of 2008-2009 and dispels common economic myths. The book uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. This edition even includes online learning solutions, such as Aplia, to improve your learning. Graphing tutorials and videos embedded within the interactive reader support your work and improve your performance.

• Format: Hardcover
• Language: English
• ISBN: 1305506723
• ISBN13: 9781305506725
• Release Date: January 2017
• Publisher: Cengage Learning
• Length: 802 Pages
• Weight: 4.30 lbs.
• Dimensions: 1.3" x 8.6" x 11.0"

Customer Reviews

Teaches basic economics

If you have time and want to learn macro and micro economics fundamentals and how it can applied in a practical setting, then is the book for you. I used this book for my MBA program. The author has used examples, charts, graphs , figures etc to drive home the concepts. If you want to learn economics in 24 hrs, this is not the book for you.

When did textbooks become so interesting?

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.

Very well written

This book will make you love economics. It covers both microeconomics and macroeconomics. It also explains how monetary policy and fiscal policy affects the economy. Some of the reasonings are counter intuitive however the authors provide very good examples to illustrate their point. I gained a very good understanding of aggregate demand and supply and how they get affected because of fiscal and monetary policy, employment, economic growth, taxes, trade tariffs, exports, imports, and other factors.

it makes you LOVE economics

This is the book that makes you really love economics. includes macro and micro economics. clear, interesting, illustrated with perfect examples. you will love it. Perfect for AP (this text is adopted at Pine Crest School in Florida as their AP Economics Text)it worth the 100 bucks you payed.

Well written and interesting

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.