Economics : Private and Public Choice

Gwartney/Stroup/Sobel/Macpherson’s “Economics: Private and Public Choice” 18th Edition, highlights topics such as student loans, inflation, international trade, the stock market and the national debt. Reader-friendly coverage analyzes economic myths, clarifying current issues and controversies. Examine the importance of entrepreneurship and the process of creative destruction -- new goods, services and technology displacing existing jobs and businesses, while emphasizing how public choice provides a unique perspective to the political process and why government actions might fail to deliver desired outcomes. Learn how changing economic conditions and policies affect job market opportunities. Study the importance of international trade as a source of economic growth and higher living standards. Learn how to use economics to make better career decisions, investments and handling of risk.