Title
Choice, The: A Fable of Free Trade and Protection by Pearson - Essential Read on Economics and Trade Policies
Delivery time: 8-12 business days (International)
Unlock the World of Economics Through Engaging Storytelling
Targeted towards students and educators alike, this innovative book serves as an essential resource for courses in principles of economics, surveys of economics, international economics, international trade, or managerial economics. It is suitable for all academic levels, with no prior economics knowledge required.
About the Book
Written as a captivating novel, this book demystifies complex concepts, issues, and terminology in international trade. It addresses a common challenge faced by professors: the difficulty students have in grasping how economic tools function in real life. By weaving a fictional narrative, this book bridges the gap between theory and application, making economics approachable and relatable.
Join David Ricardo, a legendary economist, as he engages in a rigorous dialogue with Ed Johnson, a fictional American television manufacturer. Their discussions cover critical aspects of international trade theory and policy, exploring significant issues such as trade protectionism and market dynamics. The narrative takes readers on a journey into the future, illustrating the contrasting scenarios of free trade versus self-sufficiency, thereby providing fundamental insights into how international markets operate.
Key Features
- Comprehensive Coverage: Every major topic of trade policy is explored, including comparative advantage, dumping, tariffs, optimal tariffs, quotas, trade agreements, and industrial policy.
- Enhanced Understanding: Fundamental intuition behind standard graphical treatments of international trade and policy is clearly presented, improving students' grasp of comparative advantage, tariffs, and the welfare effects of trade policies.
- Real-World Applications: The characters in the story bring economic theory to life, showing students how these concepts apply in real-world scenarios.
- Rich Discussion Topics: Engaging real-world issues are provided for students to explore, making economics enjoyable without compromising rigor.
- Expanded Discussions: New chapters and sections focus on trade deficits, globalization, outsourcing, and relevant topics like China and India, reflecting their growing importance in today's economy.
This book not only enhances academic understanding but also cultivates a genuine interest in economics. By merging rigorous analysis with engaging storytelling, it offers a unique educational experience that equips students with the necessary tools to navigate the complexities of international trade and policy.
Discover how this innovative approach to economics education can transform your understanding and appreciation of international trade. Whether you are a student or an educator, this book is an invaluable addition to your academic resources.
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
Shipping & Returns
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Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main focus of 'Choice, The: A Fable of Free Trade and Protection'? A: The book focuses on explaining complex concepts of international trade and economic policy through a fictional narrative, making it accessible for students of all levels.
- Q: Is any prior knowledge of economics required to understand this book? A: No prior economics knowledge is assumed. The book is designed to be taught at all levels, making it suitable for beginners.
- Q: What key topics are covered in this book? A: The book covers major topics in trade policy, including comparative advantage, tariffs, quotas, trade agreements, and the effects of globalization.
- Q: Who is the author of the book? A: The author of 'Choice, The: A Fable of Free Trade and Protection' is Russell Roberts.
- Q: What is the format and binding of this book? A: The book is available in paperback format.
- Q: How many pages does the book contain? A: The book contains 132 pages.
- Q: What edition of the book is available? A: This is the 3rd edition of the book.
- Q: When was the book published? A: The book was published on September 28, 2006.
- Q: How does the book enhance the understanding of trade theory? A: The fictional story and character dialogues illustrate the application of trade theory in real-world contexts, helping students gain intuition and understanding.
- Q: Are there new discussions in this edition of the book? A: Yes, this edition includes expanded discussions on trade deficits, globalization, and relevant contemporary issues like outsourcing.