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020 _a155188801
082 _a330 GWA 4th ed.
100 _aGwartney, James D.
245 0 _aEconomics :
_bprivate and public choice
250 _a4th ed.
260 _aNew York
260 _bHarcourt Brace Jovanovich
260 _c1987
300 _a862 p.
520 _aThis is an exciting time to study and teach economics. Economic events and advancements in economic theory are changing the introductory economics course. In some cases, recent theoretical contributions have supplemented our previous knowledge. In other instances, they have enlightened it; in still others, they have corrected it. Since the real world is the laboratory of the economist, events often contribute to our under of issues. The bitter experience of the 1970s illustrates that economic prob lem solving is a far more complex and demanding task than was envisioned 15 years ago. A modern principles course must explain why this is so and what lessons we should learn from the recent economic instability that has plagued western economies.
650 _aEconomics.
942 _cB
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