Macroeconomics : private and public choice / :James D. Gwartney, Richard Stroup, Russell S. Sobel, David A. Macpherson
Material type:
TextPublication details: Australia : Cengage Learning, 2016Edition: 16EDescription: xxvii, 515 pages : illustrations (chiefly color) ; 28 cmISBN: - 9781305506756
- 23 339 339 G995 2018
| Item type | Current library | Call number | Status | Barcode | |
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Foundation University Library Circulation | Circ 339 G995 2018 (Browse shelf(Opens below)) | Available | 62666 |
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"CENGAGE Learning CERTIFIED OFFICIAL PRODUCT" --on cover
"Prepare students to apply macroeconomic concepts to the world around them as MACROECONOMICS: 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. Up-to-date coverage presents major current macroeconomic models and stresses the difficulties models face in explaining recent economic data. Students analyze the Great Recession of 2008-2009. This book dispels common economic myths and uses the "invisible hand" metaphor to explain economic theory"--www.amazon.com
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