Campbell R McConnell,
University of Nebraska, Emeritus Stanley L Brue,
Pacific Lutheran University
ISBN: 0072875577 Copyright year: 2005
Book Features
A Patient, Step-by-Step Approach: realizing that for most students, this is their first introduction to economics, the authors take a patient, step-by step approach to teaching the material. The authors explain the theory and models slowly and thoroughly. This approach is easier to follow than that of many other texts on the market which make assumptions and jump through material quickly, leaving students behind.
Balanced Coverage: McConnell and Brue have stayed the number one selling text over the years because of their thorough and neutral coverage of the material—they present both sides and let instructors and students make up their own minds.
Multiple-choice "Quick Quizzes" to accompany the Key Graphs. Graphs that have special relevance are labeled "Key Graphs," and each includes a multiple-choice quiz. These 4-question quizzes allow students to test their understanding in the multiple-choice format. Answers are provided, but upside down.
Extensive Glossary: Over 30 pages with 1000 entries.
Figure Legends: Legends accompanying diagrams are often in-depth self-contained analyses of the concepts. The legends are quick synopses of important ideas. They help the students understand the visual representations more fully.
Study Questions: 10-12 questions follow every chapter, one of which refers to the Last Word Essay; several of the questions are designated "key questions", are cited in the body of text, and answered at the book's end.
Quick Review Boxes: 3-4 mini lists interspersed in each chapter review content. Students get a chance to review what they've read and as a result, retain more.
New! DiscoverEcon with Paul Solman Videos: We have created an interactive software shell that houses both DiscoverEcon, the best-selling tutorial software for Principles of Economics, and brand-new videos featuring Paul Solman of the Lehrer NewsHour on PBS. This hybrid product includes 240 minutes of video on a DVD that focuses on explaining introductory economic concepts in a real-world, student-friendly manner. The website-portion of the product includes updated graphing applets, interactive exercises, animated tutorials, and hundreds of multiple-choice questions to test student comprehension in each book chapter. The video DVD is designed to be used in conjunction with the website, or in any other DVD player as a stand-alone study or lecture aid. The result is an integrated and comprehensive study tool that brings the material alive. Students will learn more, and will be more engaged in the subject.
NEW! Two-Path Macro: Realizing that different teachers teach macro in different ways, the authors have extensively reorganized and revised Chapters 9, 10, and 11 to provide two alternative paths through the macro. This way, instructors who focus exclusively on Aggregate Demand-Aggregate Supply Model can now more easily skip the Aggregate Expenditure (Keynesian) model than before, while those who teach both the AD/AS and AE models can continue to do so in a logical manner.
UPDATED! Contemporary Discussions and Examples: The sixteenth edition contains discussions of many new or extended topics, including:
The economics of the war on terrorism
China's rapidly emerging economy
The explosion of demand for DVD players, DVDs, and digital cameras
New marginal income tax brackets
NEW! 'Consider This' Vignettes: New to the book are 32 analogies, examples, or stories that help drive home central economic ideas in a student-oriented, real-world manner. These vignettes will not only entertain students, but will also help them see the relevance of the material and will motivate them to work harder.
NEW! Three Bonus Web Chapters, Including a Second Supply and Demand Chapter: Three chapters are available free of charge at our website, http://www.mcconnell16.com. The first of these, "Applications and Extensions of Supply and Demand Analysis," is entirely new and provides real-world examples of changes in supply and demand, shortages and surpluses arising from pre-set prices, and overconsumption of nonpriced goods (or resources). The other two web chapters "The Economics of Developing Economies" (39Web) and "Transition Economies: Russia and China" (40Web, are also available for instructors and students who have a special interest in those topics.
New Web Button Content: We continue to link the book through web buttons to pedagogical features found at our website. Two types of icons appear throughout the book, (Interactive Graphs and Origin of the Idea) indicating that additional content on a subject can be found online. These Web Buttons allow further exploration of certain concepts without bogging down readers who aren't interested in them.
Reduced Length: To make the book's exposition even tighter and smoother, the authors have removed some excess verbiage and the 16th Edition is about 50 pages shorter than the last edition.
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2005 McGraw-Hill Higher Education