Book Information / Sample Chapter(s) (PDF) - Textbook Media

Tim Taylor’s Principles of Microeconomics 2e Page 2
About the author/book:
Tim Taylor’s career has been devoted to making complex economic ideas clear to students,
policy makers and other professional economists. Taylor is the founding and only
managing editor of the American Economic Associaon’s Journal of Economic Perspec‐
ves, which for more than 20 years has been an accessible source for state‐of‐the art
economic thinking. Tim has won numerous teaching awards from his teaching snts at
instuons like Stanford, the University of Minnesota and Macalester College.
More about Tim Taylor’s Principles of Economics 2e (and Macro/Micro splits):
Taylor 2e is a mainstream book; it covers all the main topics in a balanced way
Taylor writes about the subject with no ideological axe to grind.
Book is remarkably well wrien with clear examples; comprehensive, but no fluff.
Focus on helping students solve problems – Taylor walks students through the problem‐solving process.
Coverage of internaonal issues is integrated throughout, not tacked on as an aerthought.
Treats the 2008 meltdown conceptually through the use of building blocks: bubbles, the housing market,
the lender of last resort, banking, and what the Fed can do (quantave easing).
Careful aenon to the budget deficit, the role that government spending can play in smulang short‐term
growth, and how to think about the long‐term implicaons.
In micro secon, "topics" chapters allow faculty to extend and apply analysis in the areas of their choice.
Student Problems/Soluons manual is no‐nonsense – lots of good problems that require drawing graphs
and wring answers.
Now accompanied by Sapling Learning’s interacve homework soluon! www.saplinglearning.com
Chapter 1: The Interconnected Economy
Chapter 2: Choice in a World of Scarcity
Chapter 3: Internaonal Trade
Chapter 4: Demand and Supply
Chapter 5: Labor and Financial Capital Markets
Chapter 6: Globalizaon and Proteconism
Chapter 7: Elascity
Chapter 8: Household Decision Making
Chapter 9: Cost and Industry Structure
Chapter 10: Perfect Compeon
Chapter 11: Monopoly
Chapter 12: Monopolisc Compeon and Oligopoly
Chapter 13: Compeon and Public Policy
Chapter 14: Environmental Protecon and Negave Externalies
Chapter 15: Technology, Posive Externalies, and Public Goods
Chapter 16: Poverty and Economic Inequality
Chapter 17: Issues in Labor Markets: Unions, Discriminaon,
Immigraon
Chapter 18: Informaon, Risk and Insurance
Chapter 19: Financial Markets
Chapter 20: Public Choice
For Instructors:
Instructor’s Manual
Computerized Test Bank
Power Point Slides
(Distributed on a Compact Disk)
Appendix to Chapter 1: Interpreng Graphics
Appendix to Chapter 8: Indifference Curves
Appendix to Chapter 19: Present Discounted Value
To Review Online Textbook:
www.textbookmedia.com
To Request Paperback:
info@textbookmedia.com