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Principles of Economics
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Bibliographic Detail
Publisher McGraw-Hill College
Publication date June 1, 2003
Pages 37
Binding Hardcover
Edition 2nd
Book category Adult Non-Fiction
ISBN-13 9780072503302
ISBN-10 0072503300
Dimensions 1.25 by 8.75 by 10.75 in.
Weight 4.55 lbs.
Availability§ Publisher Out of Stock
Original list price $127.80
§As reported by publisher
Amazon.com says people who bought this book also bought:
Economics for Managers | In Too Deep
Summaries and Reviews
Amazon.com description: Product Description: In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions, exercises, and problems.

The text also encourages students to become "Economic Naturalists," people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation.

The Second Edition of Frank/Bernanke follows the successful First Edition with several pedagogical improvements. Based on reviewer feedback, this edition offers (1) even more streamlined coverage of the cost-benefit approach in the introductory chapter; (2) exercises that are more closely tied to the examples; (3) expanded narrative explanations of important principles, making them more accessible to average students; and (4) expanded coverage of several key topics. The result is a revision that is motivating to students, an effective text for teaching, and an exciting first course in Economics.

Editions
Hardcover
Book cover for 9780071214599 Book cover for 9780072289626 Book cover for 9780072503302 Book cover for 9780072508833 Book cover for 9780072882452 Book cover for 9780073230597
 
With Ben Bernanke | 3 edition from Irwin Professional Pub (December 23, 2005)
9780073230597 | details & prices | 901 pages | 8.50 × 10.75 × 1.50 in. | 4.85 lbs | List price $191.35
About: In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth.
The price comparison is for this edition
With Ben Bernanke | 2nd edition from McGraw-Hill College (June 1, 2003)
9780072503302 | details & prices | 37 pages | 8.75 × 10.75 × 1.25 in. | 4.55 lbs | List price $127.80
About: In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth.
2 pck edition from Irwin Professional Pub (June 1, 2003)
9780072882452 | details & prices | 8.50 × 11.00 × 1.50 in. | 4.65 lbs | List price $168.30
About: In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth.
With Ben Bernanke | 2 edition from McGraw-Hill (March 1, 2003)
9780071214599 | details & prices | 37 pages | List price $55.01
About: Avoiding excessive reliance on formal mathematical derivations, this text presents concepts intuitively through examples drawn from familiar contexts.
With R. J. Rummel, Ben S. Bernanke | Package edition from McGraw-Hill College (May 1, 2001)
9780072508833 | details & prices | 9.25 × 11.50 × 1.25 in. | 4.70 lbs | List price $120.00
This edition also contains Red Terror: Never Again
About: This brand-new principles of economics text is the most exciting new entry in years.
Pck edition from McGraw-Hill College (May 1, 2001)
9780072539981 | details & prices | 8.75 × 11.00 × 1.50 in. | 4.75 lbs | List price $136.00
With Bryan Stratton, Ben Bernanke | from McGraw-Hill College (October 1, 2000)
9780072289626 | details & prices | 22 pages | 8.75 × 11.00 × 1.50 in. | 4.70 lbs | List price $108.65
This edition also contains Mario Party 5: Prima's Official Strategy Guide
About: This brand-new principles of economics text is the most exciting new entry in years.
Paperback
With Ben Bernanke | from Academic Internet Pub Inc (October 30, 2006)
9781428808546 | details & prices | 352 pages | List price $38.95

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