Microeconomics, 14th Canadian Edition

Abstract

Economic gruwrh, financial crisis and recession, globalizariun, and the rule of government are pressing issues of rhe day. Much of our smdy of economic principles and the Canadian economy has been shaped by these issues. In addition ru specific coverage of growth and internationally orienred rupics, growth and globalizarion appear nacurally rhroughouc the book in rhe trearmem of many copies once thought co be emirely "domestic." Most cha peers of Microeco11omics con rain some discussion of economic policy. We have rwo main goals in mind when we present rhese discussions: 1. We aim [() give students practice in using cco• nomic the01•)1 , because appl)1ing theory is both a wonderfully effective teaching method and a reliable test of students' grasp of theory. 2. We want co introdllce students co the major poli..:y issues of the day and to lee them discover that few policy debates are as "black and white" as they often appear in the press. Buth guals reflect our view chat students should see economics as useful i11 helpi11g us ru understand and deal with rhe wurld around us