Title
Choice, The: A Fable of Free Trade and Protection by Pearson - Essential Read on Economics and Trade Policies
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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.
⚠️ 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.
- Q: How many pages does the book have? A: The book has one hundred thirty-two pages. It provides a comprehensive overview of international trade concepts through a fictional narrative.
- Q: What is the binding type of this book? A: The book is paperback bound. This makes it lightweight and portable for readers.
- Q: What are the dimensions of the book? A: The book measures six point zero six inches in length, zero point two eight inches in width, and nine point zero two inches in height. These dimensions make it easy to handle and store.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. It assumes no prior economics knowledge, making it accessible for all levels of learners.
- Q: What topics are covered in the book? A: The book covers various international trade topics, including comparative advantage, tariffs, and trade agreements. It uses a fictional story to illustrate these concepts.
- Q: Can this book be used for classroom teaching? A: Yes, this book is designed for classroom teaching. It effectively conveys complex economic concepts through engaging storytelling.
- Q: How should I care for this paperback book? A: To keep the book in good condition, store it in a dry place and avoid exposing it to direct sunlight. Handle it gently to prevent wear and tear.
- Q: Is this book safe for all age groups? A: Yes, the book is safe for all age groups. It presents economic theories in a relatable manner without inappropriate content.
- Q: How do I store this book properly? A: Store the book upright on a shelf or in a bookcase. Use a bookend if needed to prevent it from falling over.
- Q: Are there any updates or new discussions in this edition? A: Yes, this edition includes new discussions on trade deficits, globalization, and outsourcing. These updates reflect current economic issues.
- Q: How does this book compare to traditional economics textbooks? A: This book differs from traditional textbooks by using a narrative approach to explain economic concepts. It makes learning more engaging.
- Q: What if I receive a damaged copy of the book? A: If you receive a damaged copy, contact customer support for a replacement or refund. They will assist you with the return process.
- Q: Is there a warranty on this book? A: No, books typically do not come with a warranty. However, customer support can help with damaged or defective copies.
- Q: What should I do if I have trouble understanding the material? A: If you have trouble understanding the material, consider discussing it with a professor or joining a study group. Additional resources may also help.
- Q: Does this book include illustrations or graphics? A: Yes, the book includes illustrations to enhance the understanding of economic concepts. These visuals support the narrative effectively.