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Economics: Principles and Policy [Hardcover]

William J. Baumol , Dr. Alan S. Blinder

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Book Description

July 8 2008 0324586205 978-0324586206 11
This text is well-known for using the Keynesian model in the teaching of economics; yet, in recent editions, the authors expanded coverage of the growth model considerably to achieve more balanced coverage. The text uses the aggregate supply/aggregate demand model as a fundamental tool for learning macroeconomics. It achieves the right level of rigor and detail, presenting complicated concepts in a relatively straightforward manner and using timely economic data. Using puzzles, issues, and well-developed examples, the authors provide a good balance of theory to application, allowing you to relate the materials to your everyday life.

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About the Author

William J. Baumol received his BSS at the College of the City of New York and his Ph.D. at the University of London. He is professor of economics at New York University, and senior research economist and professor emeritus at Princeton University. He is a frequent consultant to the management of major firms in a wide variety of industries in the United States and other countries, as well as to a number of governmental agencies. He has been president of the American Economic Association, and three other professional societies. He is an elected member of the National Academy of Sciences, created by the U.S. Congress, and of the American Philosophical Society, founded by Benjamin Franklin. Baumol is the author of more than thirty-five books, and hundreds of journal and newspaper articles that have been translated into more than a dozen languages.

Alan S. Blinder earned his Master's degree at the London School of Economics and a Ph.D. at MIT. He teaches at Princeton University and is the co-director of Princeton's Center for Economic Policy Studies. Blinder was President Clinton's first Council of Economic Advisers, served as vice chairman of the Federal Reserve Board, and played a role in formulating both the fiscal and monetary policies of the 1990s. Blinder wrote newspaper and magazine columns on economic policy for more than ten years.

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Amazon.com: 3.8 out of 5 stars  12 reviews
2 of 2 people found the following review helpful
5.0 out of 5 stars SINCERE AUTHORS June 27 2012
By newtony - Published on Amazon.com
Format:Hardcover|Verified Purchase
I use this book to teach about US economics in at an American School in Nigeria. I will say I am very impressed with the authors and publishers. he book is very easy to understand for a person like me. My 17 year olds too find it easy to read. Opinions are logically presented and there is no burden of statistics which many writers use to impress or confuse readers.
The hardcover book came very clean and I am proud of the previous user.
5.0 out of 5 stars Excellent book July 10 2014
By Thomas - Published on Amazon.com
Format:Hardcover|Verified Purchase
I really like the layout of this book. It has good pictures and economics puzzles.
Most importantly, it's easy (and fun!) to read.
5.0 out of 5 stars Same level as Samuelson and Mankiw March 9 2014
By Khalid Ikram - Published on Amazon.com
Format:Hardcover|Verified Purchase
This is an excellent textbook, clearly written, that one could safely put in the company of those by Samuelson and Mankiw. In some ways, for example, in the macroeconomic section, it goes beyond the material in Mankiw. thus, the present book has a good discussion on estimating the potential rate of GDP growth of an economy that, at least in my edition of Mankiw, does not. The fiscal policy part of the discussion is also a bit stronger.
5.0 out of 5 stars From Quang Anh Nguyen Feb. 10 2014
By Quang Anh Nguyen - Published on Amazon.com
Format:Hardcover|Verified Purchase
Love it, thank you for coming in.
We will have more work together in the future.

Quang Anh Nguyen
5.0 out of 5 stars Five Stars Aug. 3 2014
By Stephanie - Published on Amazon.com
Just what I needed! Thanks!

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