Microeconomics: Private and Public Choice

Gwartney/Stroup/Sobel/Macpherson’s “Microeconomics: Private and Public Choice” 18th Edition, highlights current topics such as student loans, AI, platform business models, international trade, the stock market and the environment. Coverage analyzes economic myths, clarifying current issues and controversies. Examine the importance of entrepreneurship and the process of creative destruction -- goods, services and technology displacing jobs and businesses, while emphasizing how public choice provides a unique perspective on 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.