Microeconomics: Principles and Policy

Microeconomics: Principles and Policy

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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. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.... progressively lower taxes on smaller cars.3 For example, a simple tax schedule might be the following: Car Type Tax Hummer $1, 000 Chrysler 300 500 Toyota Prius 0 Harry has a taste for big SUVs and has recently been buying Hummers.

Title:Microeconomics: Principles and Policy
Author: William Baumol, Alan Blinder
Publisher:Cengage Learning - 2008-07-08

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