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ECONOMICS FOR LIFE 3e is a book about real-world applications for economics. In addition to applications, the text contains critiques of common economic fallacies, paradoxical economic results, and solutions to economic mysteries that are sure to interest students. Tied through its Appendices to all South-Western principles texts, Economics for Life helps students use economic concepts to better understand the world around them. The book serves as a valuable resource for delivering a more applications-based Principles (or Economics 101) course and can be bundled at no additional charge.
PART ONE: USING ECONOMICS TO MAKE BETTER DECISIONS. 1. Make Better Personal Decisions. 2. Make Better Business Decisions. PART TWO: USING ECONOMICS TO UNDERSTAND THE WORLD. 3. Dispel Myths and Detect Bologna: Common Fallacies That Need Debunking. 4. Solve Riddles and Mysteries: Why the World Is As It Is. 5. Evaluate Public Policies: In Pursuit of a Happier World. 6. Amazing Economic Statistics. Economics For Life: Final Thoughts And Next Steps. Appendices.
Posted September 14, 2005
This is a terrific little book! [By the way, there is only one author of this book and his name is Bruce Madariaga. He is an econ professor and Harvard grad with a fascinating educational story (see the book's preface).] Using everyday language, Professor Madariaga uses a large collection of examples to illustrate how basic economic concepts can be used by all of us to make better everyday decisions and to understand the world around us. I particularly liked the chapter of the book that debunks common myths about the world. Most lessons from the book are interesting, thought provoking, and practical. I highly recommend this book!
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Posted October 24, 2005
As a former Student of Prof. Bruce Madariaga, I'm probably a little biased but I have to say that the book is excellent, and very much based on the same lessons he teaches in Macro and Micro economics.
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