Teaching Principles Of Microeconomics

Abundant with practical advice and ready-to-use teaching examples, this dynamic guide will help both new and experienced instructors of Principles of Microeconomics to reconsider and refine their courses. Mark Maier and Phil Ruder assemble the wisdom of 25 eminent scholars of economic education on how best to introduce students to the discipline and inspire a long-lasting passion for microeconomics.

For the 1 semester principles of microeconomics course. Reviewers tell us that Case/Fair is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete. This well-respected author team is joined for the 9th edition by a new co-author, Sharon Oster. Sharon's research and teaching experience brings new coverage of modern topics and an applied approach to economic theory, as demonstrated in the new Economics in Practice feature.

This is the book we longed for as we researched the Wallace family tree! It spans 30 generations 1076 2003. The surname, Wallace, originated with "Richard of Wales", born in Wales approximately 1076. He moved to Scotland, where he prospered and founded a town known to this day as Riccarton in Ayrshire. He is the great, great grandfather of Sir William Wallace Brave-heart - Defender of Scotland. English political pressure and religious turmoil caused many Scots to flee Scotland, settling in Ulster, Ireland. Later, religious turmoil in Ulster caused massive migration to America in the mid 1600's. Matthew Wallace, born 1630, in Raphoe, County Donegal, Ireland, arrived in Maryland in 1648. Settling in Somerset County, he became a planter and with fellow immigrants from Ireland, John McKnight and William Alexander, became known as "the Three Kings of Manokin." As the family grew, it began "moving on", some to New England, some to Virginia, others to North Carolina. Today, Wallaces referenced in this book reside in 47 of the 50 United States. Commodore Perry, President Polk, George Wythe, Lew Wallace, Physicians, Clergy, Educators, Military and Civil service are part of this Wallace Saga.

Principles of Microeconomics focuses upon the material that students need to cover in a first introductory course. It is slightly more compact than the majority of principles books in the Canadian marketplace. Decades of teaching experience and textbook writing has led the authors to avoid the encyclopedic approach that characterizes the recent trends in textbooks.Consistent with this approach, there are no appendices or 'afterthought' chapters. No material is relegated elsewhere for a limited audience; the text makes choices on what issues and topics are important in an introductory course. This philosophy has resulted in a Micro book of just 15 chapters, of which Chapters 1 through 3 are common to both Micro and Macro, and a Macro book of 13 chapters.Examples are domestic and international in their subject matter and are of the modern era - consumers buy iPods, snowboards and jazz, not so much coffee and hamburgers. Globalization is a recurring theme.While this book avoids calculus, and uses equations sparingly, it still aims to be rigorous. In contrast to many books on the market, that simply insert diagrams and discuss concepts in a diagrammatic framework, our books almost invariably analyze the key issues in each chapter by introducing a numerical example or case study at the outset. Students are introduced immediately to the practice of taking a set of data, examining it numerically, plotting it, and again analyzing the material in that form. This process is not difficult, but it is rigorous, and stresses that economics is about data analysis as well as ideas and theories. The end-of-chapter problems also involve a considerable amount of numerical and graphical analysis. A small number of problems in each chapter involve solving simple linear equations (intersecting straight lines); but we provide a sufficient number of questions for the student to test his or her understanding of the material without working through that subset of questions.

Principles of Microeconomics has been developed to meet the scope and sequence of most introductory microeconomics courses. At the same time, the book includes a number of innovative features designed to enhance student learning. Instructors can also customize the book, adapting it to the approach that works best in their classroom. Coverage and Scope To develop Principles of Microeconomics, we acquired the rights to Timothy Taylor's second edition of Principles of Economics and solicited ideas from economics instructors at all levels of higher education, from community collegesto Ph.D.-granting universities. They told us about their courses, students, challenges, resources, and how a textbook can best meet the needs of both instructors and students. The result is a book that covers the breadth of economics topics and also provides the necessary depth to ensure the course is manageable for instructors and students alike. And to make it more applied, we have incorporated many current topics. We hope students will be interested to know just how far-reaching the recent recession was (and still is), for example, and why there is so much controversy even among economists over the Affordable Care Act (Obamacare). The Keystone Pipeline, Occupy Wall Street, and minimum wage debates are just a few of the other important topics covered. The pedagogical choices, chapter arrangements, and learning objective fulfillment were developed and vetted with feedback from educators dedicated to the project. They thoroughly read the material and offered critical and detailed commentary. The outcome is a balanced approach to microeconomics, particularly to the theory and application of economics concepts. New 2015 data are incorporated for topics that range from average U.S. household consumption in Chapter 2 to the total value of all home equity in Chapter 17. Current events are treated in a politically-balanced way as well.

`Else and Curwin make an effort to keep the student in touch with recent developments by including such topics as bargaining search, contestable markets and voting behaviour...it will certainly appeal to those who wish to keep economic theory accessible to as wide a range of students as possible.' Times Higher Education Supplement This clear, concise introduction to intermediate microeconomics is essential reading for students with previous knowledge of economic principles. Geared to the standard year's course in universities and polytechnics, the treatment in this text reinforces the student's understanding of familiar topics and facilitates assimilation of new material.

Case and Fair is the trusted Microeconomics text that teaches students through stories, graphs, and equations...and now, a new&emphasis on excellence in assessment. & These two highly-respected economists and educators have revised this best-selling Microeconomics book to include more current topics and events while maintaining its hallmark feature of teaching economics through stories, graphs, and equations; relevant to students with various learning styles (verbal, visual, and numerical).

One of the challenges of teaching Principles of Microeconomics is fostering interest in concepts that may not seem applicable to students' lives. Microeconomics, Fifth Edition makes economics relevant by demonstrating how real businesses use economics to make decisions every day. Regardless of their future career path--opening an art studio, trading on Wall Street, or bartending at the local pub--students will benefit from understanding the economic forces behind their work.