Macroeconomics aims to teach students how to apply economic principles to guide the decisions they make in their own lives.
Uses real data - Highlights major economic concepts by using data from field experiments, lab experiments, naturally occurring data and government data. Relevant - The role of surge pricing in Uber driver supply and rider demand is discussed, helping students more deeply understand the markets that they personally use.
For courses in Principles of Macroeconomics. Acemoglu, Laibson, List: An evidence-based approach to economics Throughout Macroconomics , 2nd Edition, Global Edition authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, the authors use the themes of optimization, equilibrium, and empiricism to illustrate the power of simple economic ideas, and their ability to explain, predict, and improve what happens in the world. Each chapter begins with an empirical question that is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, students learn to apply economic principles to guide the decisions they make in their own lives. MyLabTM Economics not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson rep for more information. MyLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.
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