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"Many students who take introductory economics courses have difficulty seeing the relevance of the key concepts of opportunity cost, trade-offs, scarcity, and demand and supply to their lives and their careers. This reduces the willingness of many students to prepare for class and to be engaged during class. With this textbook, we show them how to apply economic thinking creatively to improve their work, their choices, and their daily lives. One of our main objectives in writing this textbook was to show that the fundamentals of economics are not just exciting but also alive with myriad personal applications."

Forcourses in the principles of microeconomics. Anevidence-based approach to economics Throughout Microeconomics, 3rd Edition, authors DaronAcemoglu, David Laibson, and John List use real economic questions anddata to help students learn about the world around them. Taking a fresh approach,they use the themes of optimization, equilibrium, and empiricism to not onlyillustrate the power of simple economic ideas, but also to explain and predictwhats happening in todays society. Each chapter begins with an empiricalquestion that is relevant to the life of a student, and is lateranswered using data in the Evidence-Based Economics feature. As a result of thetexts practical emphasis, students learn to apply economic principles to guidethe decisions they make in their own daily lives

"Forcourses in the principles of microeconomics. Anevidence-based approach to economics Throughout Microeconomics, 3rd Edition, authors DaronAcemoglu, David Laibson, and John List use real economic questions anddata to help students learn about the world around them. Taking a fresh approach,they use the themes of optimization, equilibrium, and empiricism to not onlyillustrate the power of simple economic ideas, but also to explain and predictwhats happening in todays society. Each chapter begins with an empiricalquestion that is relevant to the life of a student, and is lateranswered using data in the Evidence-Based Economics feature. As a result of thetexts practical emphasis, students learn to apply economic principles to guidethe decisions they make in their own daily lives."

Thistitle is a Pearson Global Edition. The Editorial team at Pearson has workedclosely with educators around the world to include content which is especiallyrelevant to students outside the United States. For courses in the principles of macroeconomics. An evidence-based approach to economics Throughout Macroeconomics, 3rd Edition, authorsDaron Acemoglu, David Laibson, and John List use real economic questions anddata to help students learn about the world around them. Taking a freshapproach, they use the themes of optimization, equilibrium, and empiricism tonot only illustrate the power of simple economic ideas, but also to explain andpredict what's happening in today's society. Each chapter begins with anempirical question that is relevant to the life of a student and is lateranswered using data in the Evidence-Based Economics feature. As a result of thetext's practical emphasis, students learn to apply economic principles to guidethe decisions they make in their own daily lives. Pearson MyLab® Economicsis not included. Students, if Pearson MyLab Economics is arecommended/mandatory component of the course, please ask your instructor forthe correct ISBN. Pearson MyLab Economics should only be purchased whenrequired by an instructor. Instructors, contact your Pearson representative formore information.

Part I. Introduction to economics -- Part II. Introduction to macroeconomics -- Part III. Long-run growth and development -- Part IV. Equilibrium in the macroeconomy -- Part V. Short-run fluctuations and macroeconomic policy -- Part VI. Macroeconomics in a global economy.

Introduction to economics -- The principles and practice of economics -- Economic methods and economic questions -- Optimization : doing the best you can -- Demand, supply, and equilibrium -- Introduction to macroeconomics -- The wealth of nations : defining and measuring macroeconomic aggregates -- Aggregate incomes -- Long-run growth and development -- Economic growth -- Why isn't the whole world developed -- Equilibrium in the macroeconomy -- Employment and unemployment -- Credit markets -- The monetary system -- Short-run fluctuations and macroeconomic policy -- Short-run fluctuations -- Countercyclical macroeconomic policy -- Macroeconomics in a global economy -- Macroeconomics and international trade -- Open economy macroeconomics -- Chapters on the web

Introduction to economics -- The principles and practice of economics -- Economic methods and economic questions -- Optimization : doing the best you can -- Demand, supply, and equilibrium -- Introduction to macroeconomics -- The wealth of nations : defining and measuring macroeconomic aggregates -- Aggregate incomes -- Long-run growth and development -- Economic growth -- Why isn't the whole world developed -- Equilibrium in the macroeconomy -- Employment and unemployment -- Credit markets -- The monetary system -- Short-run fluctuations and macroeconomic policy -- Short-run fluctuations -- Countercyclical macroeconomic policy -- Macroeconomics in a global economy -- Macroeconomics and international trade -- Open economy macroeconomics -- Chapters on the web

Introduction to economics -- The principles and practice of economics -- Economic methods and economic questions -- Optimization : doing the best you can -- Demand, supply, and equilibrium -- Introduction to macroeconomics -- The wealth of nations : defining and measuring macroeconomic aggregates -- Aggregate incomes -- Long-run growth and development -- Economic growth -- Why isn't the whole world developed -- Equilibrium in the macroeconomy -- Employment and unemployment -- Credit markets -- The monetary system -- Short-run fluctuations and macroeconomic policy -- Short-run fluctuations -- Countercyclical macroeconomic policy -- Macroeconomics in a global economy -- Macroeconomics and international trade -- Open economy macroeconomics -- Chapters on the web