02337 2200265 4500001002100000005001500021035002000036008004100056020002200097041000800119082000800127084001400135100002100149700002000170245004700190250001100237260003600248300004700284520162200331650001401953990002601967990002601993990002602019990002602045INLIS00000000000852320221025020014 a0010-0520008523221025 | | eng  a978-0-07-312567-1 aeng a330 a330 FRA p0 aFrank, Robert H.0 aBen S. Bernanke1 aPrinciples of Economics /cRobert H. Frank a3rd ed aNew York :bMc Graw Hill,c2007 a1 v. (various pagings) :b: ill. ;c29 cm. aIn recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of attempting to teach a short list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. Although recent editions of a few other texts have paid lip service to this new approach, Frank/Bernanke is by far the best thought out and best executed principles text in this mold. Avoiding excessive reliance on formal mathematical derivations, it presents concepts intuitively through examples drawn from familiar contexts.The authors introduce a well-articulated short list of core principles and reinforcing them by illustrating and applying each in numerous contexts. Students are periodically asked to apply these principles to answer related questions, exercises, and problems. The text also encourages students to become 'Economic Naturalists,' people who employ basic economic principles to understand and explain what they observe in the world around them. An economic naturalist understands, for example, that infant safety seats are required in cars but not in airplanes because the marginal cost of space to accommodate these seats is typically zero in cars but often hundreds of dollars in airplanes. Such examples engage student interest while teaching them to see each feature of their economic landscape as the reflection of an implicit or explicit cost-benefit calculation 4aEconomics a15803/MKRI-P/XII-2009 a15802/MKRI-P/XII-2009 a15803/MKRI-P/XII-2009 a15802/MKRI-P/XII-2009