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Departing from the encyclopedic nature of most Principles texts, which encourages students to simply memorize concepts and see economics as a collection of unrelated terms, formulas, graphs, and theories, this text provides students with a picture of economics as a unified discipline; a set of interrelated tools and ideas that can be used to look at the world in a different way. This book`s concise, less is more approach has been carefully crafted in terms of both content and supporting pedagogy to keep students focused on learning and applying the central ideas used in economic analysis. It uniquely employs a simple methodology throughout to emulate how economists look at problems, and teaches students how to use this same analytical process in developing their own economic analysis skills. Hall/Lieberman`s careful focus on core theoretical ideas as well as systematically applying the theoretical tools to interesting realworld questions conveys the message that economics is an integrated, powerful body of knowledge that can be used to address important issues. About the AuthorRobert E. Hall is one of the world`s most eminent economists. He is Senior Fellow at the Hoover Institution and Professor of Economics at Stanford University where he conducts research on inflation, unemployment, taxation, monetary policy, and the economics of high technology. He received his Ph.D. from MIT and has taught there, as well as at the University of California, Berkeley. He has published numerous monographs and articles in scholarly journals, and coauthored a popular Macroeconomics intermediate text.
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