A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Second Edition.The core of the principles course has been around for more than 100 years, and other important elements, especially part of the theory of the firm and Keynesian macro-economics, have been with us for more than 50 years. But economics has also been developing and changing rapidly during the past few decades. All principles texts pay some attention to these more recent developments, but none has succeeded in integrating the new and traditional. My goal has been to incorporate new ideas-game theory, the modern theory of the firm, information, and public choice-into the body of timeless principles.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
A comprehensive intro blending classic and modern economics.
Who is this book for?
If you're curious about how economics has evolved, this book offers a rich mix of traditional principles and cutting-edge ideas like game theory and information economics. It’s like having a conversation that bridges the timeless and the new, making complex concepts feel accessible and engaging. Perfect for anyone wanting a well-rounded understanding of both foundational and recent economic thinking.
