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This comprehensive introduction to economic principles covers all of the major topics in an introductory micro and macro principles course. Although the book prides itself on its concise approach, it maintains an appropriate degree of economic rigour, enabling students of all ability levels to develop a full understanding of the issues being discussed.The text is a concise text covering the principles of economics. It is highly accessible, and the clear exposition allows students to focus on the essentials of the economic argument. The economic theory here is presented both graphically and, where appropriate, mathematically to ensure that students of all ability levels are able to develop a full understanding of the issues being discussed. The book is policy oriented, and it introduces welfare economics early on to allow a sophisticated discussion of a wide range of policy issues so that students understand real world implications of economic theory.
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From the Nobel Prize-winning economist, a bold new agenda for the role of economics in society When Jean Tirole won the Nobel Prize in Economics, he suddenly found himself being stopped in the street by strangers and asked to comment on current events far from his own research. His transformation from academic economist to public intellectual prompted him to reflect more deeply on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics can help us improve the shared lot of societies and humanity as a whole. To show how, Tirole shares his insights on a broad range of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Compelling and accessible, Economics for the Common Good sets a new agenda for the role of economics in society.
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