Economics

Synopsis

InEconomics,noted economist and teacher John Taylor unravels sophisticated material by combining clear, straightforward writing with annotated graphs and real-life examples that drive students' interest in modern economic theory. The first to cover long-run fundamentals before short-term economic fluctuations, Taylor's modern approach helps students to understand the basic determinants of growth (labor, capital, and technology) before introducing fluctuations (inflation, output, and employment) that can occur even during periods of steady growth. The Student Technology Package will be automatically bundled for free with all new copies of the textbook sold in the U.S. This package includes access to both SMARTHINKING online tutoring and the student textbook web site, as well as the Taylor Tutorial CD-ROM, and a Technology Guide. Numerous graphs feature Taylor's trademark "conversation boxes" and offer students a step-by-step illustration of the economic models and theories under review.