Microeconomics: Private and Public Choice

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

Book Overview

Prepare students to apply microeconomic concepts to the world around them as MICROECONOMICS: PRIVATE AND PUBLIC CHOICE, 16E reflects current economic conditions. This readable book integrates public choice analysis and explains the operation of markets and the political process as well as market failure and government failure. The book emphasizes why it is vital to understand both the market and political processes since approximately 40 percent of national income is allocated through the political process. This book dispels common economic myths and uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. This edition includes Aplia online learning solutions with revised questions, accessibility on mobile devices, improved graphing, and a new interactive eReader with videos and graphing tutorials.

• Format: Paperback
• Language: English
• ISBN: 1305506898
• ISBN13: 9781305506893
• Release Date: January 2017
• Publisher: Cengage Learning
• Length: 504 Pages
• Weight: 2.40 lbs.
• Dimensions: 0.8" x 8.5" x 10.8"

Customer Reviews

Just as described

Item received within a few business days of ordering. Book was just as described, perfect condition.

macroeconomics private & public choices

The book was received in good condition and a week before my class began. Very interesting piece to read so far.

Great Item

Item came on time, in excellent condition, just what I asked and paid for. Highly Recommend

True Economics

This book really does show true economic principles. It gives the behind the scenes look at what is really taking place economically. Why do things happen the way they do? Should the government put on a price cap or floor? What about the economic policies of Senator John McCain and Senator Barrack Obama? Who is more economically sound? This book really allows the everyday reader to understand the basic principles of economics that even some of our politicians don't really understand. Check this book out if you desire a better understanding of the economic world around you!

good seller

boring book but easy to understand, by the way I like the seller that I picked