Book Description

Coursebook for Economics: Private and Public Choice contains questions and problems dealing with market decisions, market process, taxes, government spending. The book is designed to help students using the textbook "Economics: Private and Public Choice, Second Edition." The text also provides a section on "Problems and Projects" which emphasizes mechanics and economic reasoning with case-study type problems, report preparation, or economic data presentation for hypothesis development. The book also provides "complex application"-type problems which can be solved by the student's utilization of economic principles to realistic situations. The text showcases selected articles in the section "Perspectives in Economics" to expand on important concepts, to explain historical viewpoints, as well as to offer original ideas of current influential economists. Among the articles are: "How Government Profits from Inflation;" "The Awful Year Inflation Ran Wild;" "How the Federal Reserve Decides How Much Money to Put into the Economy;" and "The Roller-Coaster Income Tax." The book is suitable for students of economics and business, sociologists, general readers interested in real-world economics, and policy makers involved in national economic development.