Economics, Global Edition

Economics, 3rd Edition, by authors Daron Acemoglu, David Laibson, and John List, uses real economic questions and data to illustrate the power of simple economic ideas and predict what is happening in today's society. Each chapter begins with an empirical question and is answered using data in the Evidence-Based Economics feature.

Format: Paperback / softback
Length: 840 pages
Publication date: 27 September 2021
Publisher: Pearson Education Limited

Economics, 3rd Edition, authored by Daron Acemoglu, David Laibson, and John List, adopts an evidence-based approach to delve into the intricacies of the economic realm. By utilizing real-world economic questions and data, the book aims to empower readers to understand the world around them. Taking a novel approach, the authors employ the themes of optimization, equilibrium, and empiricism to not only showcase the potency of simple economic ideas but also to explain and predict the dynamics of contemporary society. Each chapter begins with an empirical question that is relatable to the readers' lives, and is subsequently addressed through the Evidence-Based Economics feature, which employs data to provide insights. The practical emphasis of the text equips readers with the skills to apply economic principles to inform their daily decisions.

The authors of Economics, 3rd Edition, have crafted a comprehensive and engaging textbook that offers a wealth of knowledge and insights into the world of economics. By employing an evidence-based approach, the book provides readers with a deeper understanding of economic principles and their applications in various real-world scenarios.

The book begins with an introduction that provides a clear overview of the economic landscape and sets the stage for the subsequent chapters. The authors then delve into the core concepts of economics, including supply and demand, market efficiency, and economic growth. They explain these concepts in a straightforward and accessible manner, using real-world examples and data to illustrate their points.

One of the key strengths of Economics, 3rd Edition, is its emphasis on empirical evidence. The authors use a wide range of data sources to support their arguments and provide readers with a comprehensive understanding of economic phenomena. This evidence-based approach not only helps readers to grasp the theoretical concepts but also enables them to apply them to real-world situations.

Throughout the book, the authors use a practical and applied approach to teaching economics. They address real-world economic issues such as unemployment, inflation, and financial crises, and provide readers with strategies and solutions to address these challenges. The book also includes case studies and exercises that help readers to apply their knowledge and develop critical thinking skills.

In conclusion, Economics, 3rd Edition, is an excellent resource for students, professionals, and anyone interested in gaining a deeper understanding of economics. The book's evidence-based approach, practical and applied approach, and comprehensive coverage of economic principles make it an invaluable tool for anyone seeking to improve their economic literacy. Whether you are a student preparing for exams, a professional seeking to advance your career, or simply a curious individual interested in learning more about the world of economics, this book is a must-read.

Weight: 1768g
Dimension: 218 x 277 x 35 (mm)
ISBN-13: 9781292411019
Edition number: 3 ed