Robert B. Ekelund Livres

Economics studies human behavior within the context of markets. Contemporary economic theory has developed from the contributions of myriad thinkers over its history. Ekelund and Hébert catalog the ideas of these pioneers and extract the lessons within the theories, assessing their importance and subsequent impact. They present an in-depth survey of the complete range of mainstream economic ideas from ancient times to the present, illustrating the broad scope and remarkable continuity of economic analysis throughout the ages. Economic theories have a life of their own; the study of their development is meaningful and fruitful for gaining a better understanding of contemporary economics. Outstanding features: 1) explores the nature, scope, and method of economic inquiry creatively; 2) presents abstract theory in a comprehensible historical context; 3) uncovers the thought processes of the great minds in economics; 4) emphasizes continuity and consensus in the evolution of mainstream economic theory, yet does not eschew alternative points of view; 5) explores the past for lessons that might be learned or insight gained in the present; 6) provides a feel for the kinds of ideas that have staying power; and 7) underscores key ideas impacting contemporary thought and practice.

Maximizing happiness means more than maximizing wealth, and yet many students assume economists only care about "the bottom line." "Economics: Private Markets and Public Choice "emphasizes that economics is, at its base, about our society's well-being and our individual happiness in "all "forms, not just profit. The authors teach students to apply economic concepts not only to key policy decisions like taxes, inflation, and free trade, but also to personal decisions such as household finance, marriage, and career choices.The Seventh Edition is enhanced by MyEconLab, the online homework system featuring automatically graded graphing problems and proven tutorial tools. Access to MyEconLab comes with every new textbook at no additional cost to the student.