Principles of Economics; Asian Edition

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 economists, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. By far the best thought out and best executed principles text in this mold, Principles of Economics avoids excessive reliance on formal mathematical derivations and presents concepts intuitively through examples drawn from familiar contexts.

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. 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.

This new Asian edition of Principles of Economics is targeted at undergraduate students in Asia. Adapted from the very successful third and fourth U.S. editions by well-established economics researchers and lecturers, Chen Kang and Lydia Gan, the text draws on examples and cases from Asian regions and countries in highlighting the key institutional, political and cultural differences between Asian economies and the economies in the developed world. It discusses Asian developing economies and the economic challenges and policy tools unique to them, as well as Asian transition economies such as China and Vietnam. It also highlights the special features that characterize the conduct of monetary policies of Asian central banks.

Combined with several pedagogical improvements, the result is an adaptation that is motivating to Asian students, an effective text for teaching, and an exciting first course in Economics.

ISBN : 9780071282840, Author : Frank, Publisher : McGraw Hill - 2010, Dimensions : , Paperback : 928 pages