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Microeconomics- 4 edition

– Microeconomics, 4 edition
– The Economics Anti-Textbook: A Critical Thinker’s Guide to Microeconomics

1 When it comes drawing on enduring economic principles to explain current economic realities, there is no one readers trust more than Paul Krugman With his bestselling introductory textbook, now in a new edition the Nobel laureate and New York Times columnist is proving to be equally effective in the classroom, with more and more instructors in all types of schools using Krugman’s signature storytelling style to help them introduce the fundamental principles of economics to all kinds of students

2 Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes relatively easily by testing hypotheses; that applies a settled body of principles; and contains policy prescriptions supported by a consensus of professional opinion The Anti-Textbook argues that this is a myth – one which is not only dangerously misleading but also bland and boring It challenges the mainstream textbooks’ assumptions, arguments, models and evidence It puts the controversy and excitement back into economics to reveal a fascinating and a vibrant field of study – one which is more an ‘art of persuasion’ than it is a science The Anti-Textbook’s chapters parallel the major topics in the typical text They begin with a boiled-down account of them before presenting an analysis and critique Drawing on the work of leading economists, the Anti-Textbook lays bare the blind spots in the texts and their sins of omission and commission It shows where hidden value judgements are made and when contrary evidence is ignored It shows the claims made without any evidence and the alternative theories that aren’t mentioned It shows the importance of power, social context, and legal framework The Economics Anti-Textbook is the students’ guide to decoding the textbooks and shows how real economics is much more interesting than they let on

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