Higher Education

Economics: Private and Public Choice, 15th Edition

  • James D. Gwartney Florida State University
  • Richard L. Stroup Montana State University
  • Russell S. Sobel The Citadel
  • David A. Macpherson Trinity University
  • ISBN-10: 1285453530  |  ISBN-13: 9781285453538
  • 784 Pages
  • Previous Editions: 2013, 2011, 2009
  • © 2015 | Published
  • College Bookstore Wholesale Price = $303.00
  • Newer Edition Available

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Interactive eReader

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About

Overview

ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, reflects current economic conditions, enabling students to apply economic concepts to the world around them. The up-to-date text includes analysis and explanation of measures of economic activity in today's market. It also includes highlights of the recession of 2008-2009, and an in-depth look at the lives and contributions of notable economists. ECONOMICS: PRIVATE AND PUBLIC CHOICE dispels common economic myths. The text uses the "invisible hand" metaphor to explain economic theory, demonstrating how it works to stimulate the economy. The fifteenth edition includes online learning solutions to increase student engagement and improve student learning outcomes. Aplia™ will be available with new enhancements that include accessibility on mobile devices, improved graphing experience, a new interactive eReader with videos and graphing tutorials, and much more.

Features and Benefits

  • Application boxes to help students draw parallels between economics and pertinent topics such as supply, demand, financial bailouts, capital markets, and poverty.
  • Coverage of the recent stock market fallout, as well as its implications for investment decisions in today's world.
  • In-depth analysis of the government response to the financial crisis--discussing both the political economy and federal budget implications.
  • Section on the economic way of thinking about government, as well as updated information and data on the Great Recession and lessons learned from the Great Depression.
  • Measures economic activity, assembling important indicators like the unemployment rate and digging into its meaning and relevance.
  • Applies economic theory to current real-world issues and controversies, allowing students to apply what they learn directly to pertinent topics in the world around them.
  • Dispels common myths of economic reasoning and examines how these myths can impede a nation's economic progress.
  • Offers historical vignettes on the lives of notable economists, providing an opportunity to weave economic history into the classroom.

Table of Contents

Part I: THE ECONOMIC WAY OF THINKING.
1. The Economic Approach.
2. Some Tools of the Economist.
Part II: MARKETS AND GOVERNMENT.
3. Demand, Supply, and the Market Process.
4. Supply and Demand: Applications and Extensions.
5. Difficult Cases for the Market, and the Role of Government.
6. The Economics of Political Action.
Part III: CORE MACROECONOMICS.
7. Taking the Nation's Economic Pulse.
8. Economic Fluctuations, Unemployment, and Inflation.
9. An Introduction to Basic Macroeconomic Markets.
10. Dynamic Change, Economic Fluctuations, and the AD--AS Model.
11. Fiscal Policy: The Keynesian View and the Historical Development of Macroeconomics.
12. Fiscal Policy: Incentives, and Secondary Effects.
13. Money and the Banking System.
14. Modern Macroeconomics and Monetary Policy.
15. Stabilization Policy, Output, and Employment.
16. Creating an Environment for Growth and Prosperity.
17. Institutions, Policies, and Cross-Country Differences in Income and Growth.
Part IV: INTERNATIONAL ECONOMICS.
18. Gaining from International Trade.
19. International Finance and the Foreign Exchange Market.
Part V: CORE MICROECONOMICS.
20. Consumer Choice and Elasticity.
21. Costs and the Supply of Goods.
22. Price Takers and the Competitive Process.
23. Price-Searcher Markets with Low Entry Barriers.
24. Price-Searcher Markets with High Entry Barriers.
25. The Supply of and Demand for Productive Resources.
26. Earnings, Productivity, and the Job Market.
27. Investment, the Capital Market, and the Wealth of Nations.
28. Income Inequality and Poverty.
Part VI: APPLYING THE BASICS: SPECIAL TOPICS IN ECONOMICS.
Special Topic 1. Government Spending and Taxation.
Special Topic 2. The Economics of Social Security.
Special Topic 3. The Stock Market: Its Function, Performance, and Potential as an Investment Opportunity.
Special Topic 4. Great Debates in Economics: Keynes versus Hayek.
Special Topic 5. The Crisis of 2008: Causes and Lessons for the Future.
Special Topic 6. Lessons from the Great Depression.
Special Topic 7. The Federal Budget and the National Debt.
Special Topic 8. The Economics of Health Care.
Special Topic 9. Earnings Differences Between Men and Women.
Special Topic 10. Do Labor Unions Increase the Wages of Workers?
Special Topic 11. The Question of Resource Exhaustion.
Special Topic 12. Difficult Environmental Cases and the Role of Government.
Appendix A. General Business and Economics Indicators for the United States.
Appendix B. Answers to Selected Critical Analysis Questions.

What's New

  • Aplia™, the best-selling online homework solution, has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4)New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.
  • New Graphing at a Glance video tutorials, embedded throughout the interactive eReader, enhance the learning experience by bringing graphs to life, allowing students to see graphs physically move along the axes. Understanding how graphs work and what shifts or movements along the curves mean in economics contexts is one of the difficult challenges that Principles of Economics students face in developing the economic way of thinking. Developed by Dr. John Min of Northern Virginia Community College, this feature walks students through basic graphing concepts, challenges, and graphing analyses via animated graphs.
  • New ConceptClips, embedded throughout the interactive eReader, address the challenge of understanding economics terminology that students face when first introduced to the subject matter. Developed by Mike Brandl of The Ohio State University, these vocabulary animations provide students with a memorable auditory and visual representation of the important terminology for the course.
  • New! MindTap Online Learning Solution is a fully online, highly personalized learning experience built on Cengage Learning content. MindTap combines student learning tools--readings, multimedia, activities, and assessments--into a singular Learning Path that guides students through their course. Instructors personalize the experience by customizing authoritative Cengage Learning content and learning tools, including the ability to add their own content in the Learning Path via apps that integrate into the MindTap framework seamlessly with Learning Management Systems.
  • New! Special Topic on the question of resource exhaustion.
  • Updated tables, graphs, and economic application boxed features throughout the book.
  • Expanded coverage on the role of political action in economics.
  • Up-to-date coverage on the economics of health care.
  • Up-to-date coverage on unemployment and inflation.
  • Up-to-date coverage on the financial crisis of 2008-2009 and its effects on the Federal Reserve Policy.
  • Up-to-date coverage on Income inequality and poverty.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Bundle: Text + MindTap® Economics 1-Semester Printed Access Card

ISBN-10: 1305361415  | ISBN-13: 9781305361416

List Price = $415.95  | College Bookstore Wholesale Price = $313.00

This Bundle Includes:

  • Economics: Private and Public Choice
    List Price = $403.95  | CengageBrain Price = $403.95  | College Bookstore Wholesale Price = $303.00
  • MindTap® Economics, 1 term (6 months) Printed Access Card for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice
    List Price = $125.00  | College Bookstore Wholesale Price = $93.75


ePack: Printed Text + MindTap® Economics 1-Semester Instant Access

ISBN-10:  1305614437 | ISBN-13:  9781305614437

List Price = $415.95  | CengageBrain Price = $415.95  | College Bookstore Wholesale Price = $313.00

This Bundle Includes:

  • Economics: Private and Public Choice
    List Price = $403.95  | CengageBrain Price = $403.95  | College Bookstore Wholesale Price = $303.00
  • MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice
    List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00


Supplements

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Instructor Supplements

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285782119 | ISBN-13: 9781285782119)

MindTap™ is a fully online, highly personalized learning experience built on Cengage Learning content. MindTap combines student learning tools--readings, multimedia, activities, and assessments--into a singular Learning Path that guides students through their course. Instructors personalize the experience by customizing authoritative Cengage Learning content and learning tools, including the ability to add their own content in the Learning Path via apps that integrate into the MindTap framework seamlessly with Learning Management Systems.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

MindTap® Economics, 2 terms (12 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 128585389X | ISBN-13: 9781285853895)

MindTap™ is a fully online, highly personalized learning experience built on Cengage Learning content. MindTap combines student learning tools--readings, multimedia, activities, and assessments--into a singular Learning Path that guides students through their course. Instructors personalize the experience by customizing authoritative Cengage Learning content and learning tools, including the ability to add their own content in the Learning Path via apps that integrate into the MindTap framework seamlessly with Learning Management Systems.

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285854942 | ISBN-13: 9781285854946)

Cengage Learning's Write Experience is a technology product that allows you to assess written communication skills without adding to your workload. Instructors in all areas have told us it's important that students can write effectively in order to communicate and think critically. Through an exclusive partnership with a technology company, Cengage Learning's Write Experience allows you to do just that! This new product utilizes artificial intelligence to not only score student writing instantly and accurately but also provide students with detailed revision goals and feedback on their writing to help them improve. Write Experience is the first product designed and created specifically for the higher education market through an exclusive agreement with McCann Associates, and powered by e-Write IntelliMetric Within™. IntelliMetric is the gold standard for automated scoring of writing and is used to score the Graduate Management Admissions Test® (GMAT®) analytical writing assessment. Better Writing. Better Outcomes. Write Experience. Visit http://www.cengage.com/writeexperience to learn more.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 128585487X | ISBN-13: 9781285854878)

Cengage Learning's Write Experience is a technology product that allows you to assess written communication skills without adding to your workload. Instructors in all areas have told us it's important that students can write effectively in order to communicate and think critically. Through an exclusive partnership with a technology company, Cengage Learning's Write Experience allows you to do just that! This new product utilizes artificial intelligence to not only score student writing instantly and accurately but also provide students with detailed revision goals and feedback on their writing to help them improve. Write Experience is the first product designed and created specifically for the higher education market through an exclusive agreement with McCann Associates, and powered by e-Write IntelliMetric Within™. IntelliMetric is the gold standard for automated scoring of writing and is used to score the Graduate Management Admissions Test® (GMAT®) analytical writing assessment. Better Writing. Better Outcomes. Write Experience. Visit http://www.cengage.com/writeexperience to learn more.

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics  (ISBN-10: 1285857453 | ISBN-13: 9781285857459)

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List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285857437 | ISBN-13: 9781285857435)

Aplia significantly improves outcomes and elevates thinking by increasing student effort and engagement. Developed by teachers and used by more than 1,000,000 students Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students.

List Price = $149.00  | CengageBrain Price = $149.00  | College Bookstore Wholesale Price = $149.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285857348 | ISBN-13: 9781285857343)

Succeed in your course with one semester of access to Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4) New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™, 2 terms Instant Access for Gwartney/Stroup/Sobel/Macpherson’s Economics: Private and Public Choice  (ISBN-10: 1285857321 | ISBN-13: 9781285857329)

Aplia significantly improves outcomes and elevates thinking by increasing student effort and engagement. Developed by teachers and used by more than 1,000,000 students Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students.

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285782089 | ISBN-13: 9781285782089)

MindTap™ is a fully online, highly personalized learning experience built on Cengage Learning content. MindTap combines student learning tools--readings, multimedia, activities, and assessments--into a singular Learning Path that guides students through their course. Instructors personalize the experience by customizing authoritative Cengage Learning content and learning tools, including the ability to add their own content in the Learning Path via apps that integrate into the MindTap framework seamlessly with Learning Management Systems.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285782100 | ISBN-13: 9781285782102)

MindTap is a fully online, highly personalized learning experience built on Cengage Learning content. MindTap combines student learning tools--readings, multimedia, activities, and assessments--into a singular Learning Path that guides students through their course. Instructors personalize the experience by customizing authoritative Cengage Learning content and learning tools, including the ability to add their own content in the Learning Path via apps that integrate into the MindTap framework seamlessly with Learning Management Systems.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 128585490X | ISBN-13: 9781285854908)

Cengage Learning's Write Experience is a technology product that allows you to assess written communication skills without adding to your workload. Instructors in all areas have told us it's important that students can write effectively in order to communicate and think critically. Through an exclusive partnership with a technology company, Cengage Learning's Write Experience allows you to do just that! This new product utilizes artificial intelligence to not only score student writing instantly and accurately but also provide students with detailed revision goals and feedback on their writing to help them improve. Write Experience is the first product designed and created specifically for the higher education market through an exclusive agreement with McCann Associates, and powered by e-Write IntelliMetric Within™. IntelliMetric is the gold standard for automated scoring of writing and is used to score the Graduate Management Admissions Test® (GMAT®) analytical writing assessment. Better Writing. Better Outcomes. Write Experience. Visit http://www.cengage.com/writeexperience to learn more.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285857372 | ISBN-13: 9781285857374)

Succeed in your course with one semester of access to Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4)New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285857496 | ISBN-13: 9781285857497)

Aplia significantly improves outcomes and elevates thinking by increasing student effort and engagement. Developed by teachers and used by more than 1,000,000 students Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285857461 | ISBN-13: 9781285857466)

Aplia significantly improves outcomes and elevates thinking by increasing student effort and engagement. Developed by teachers and used by more than 1,000,000 students Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285857402 | ISBN-13: 9781285857404)

Succeed in your course with one semester of access to Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4) New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

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Student Supplements

LMS Integrated for Aplia™, 1 terms Instant Access  (ISBN-10: 1305497821 | ISBN-13: 9781305497825)

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LMS Integrated for Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access  (ISBN-10: 1305101715 | ISBN-13: 9781305101715)

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One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $149.00  | College Bookstore Wholesale Price = $149.00

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285782119 | ISBN-13: 9781285782119)

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MindTap® Economics, 2 terms (12 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 128585389X | ISBN-13: 9781285853895)

MindTap™ Economics for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice, 15th Edition provides you with the tools you need to better manage your limited time -- you can complete assignments whenever and wherever you are ready to learn with course material specially customized for you by your instructor and streamlined in one proven, easy-to-use interface. You'll find Audio Cases, ConceptClips that help you understand economics terminology (which can be overwhelming when first introduced), and Graphing at a Glance video tutorials that bring graphs to life and allow you to see graphs physically move along the axes. Auto-graded homework assignments from Aplia™ give you practice in hands-on application. With these resources and an array of tools and apps -- from note taking to flashcards -- you'll get a true understanding of course concepts, helping you to achieve better grades and setting the groundwork for your future courses. Access to this product is valid for 12 months of usage.

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285854942 | ISBN-13: 9781285854946)

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List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms (12 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 128585487X | ISBN-13: 9781285854878)

Successfully complete your economics writing assignments with Write Experience. This innovative system scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence.

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics  (ISBN-10: 1285857453 | ISBN-13: 9781285857459)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 2 terms Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285857437 | ISBN-13: 9781285857435)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $149.00  | CengageBrain Price = $149.00  | College Bookstore Wholesale Price = $149.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Economics: Private and Public Choice  (ISBN-10: 1285857348 | ISBN-13: 9781285857343)

Succeed in your course with Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4) New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™, 2 terms Instant Access for Gwartney/Stroup/Sobel/Macpherson’s Economics: Private and Public Choice  (ISBN-10: 1285857321 | ISBN-13: 9781285857329)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $139.00  | CengageBrain Price = $139.00  | College Bookstore Wholesale Price = $139.00

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285782089 | ISBN-13: 9781285782089)

MindTap™ Economics for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice, 15th Edition provides you with the tools you need to better manage your limited time -- you can complete assignments whenever and wherever you are ready to learn with course material specially customized for you by your instructor and streamlined in one proven, easy-to-use interface. MindTap includes Audio Cases and a variety of other media assets specifically designed to help you learn. ConceptClips help you understand economics terminology, while Graphing at a Glance video tutorials allow you to see graphs physically move along the axes. Auto-graded homework assignments from Aplia™ give you practice in hands-on application and immediate feedback on your responses. Through these resources and an array of tools and apps -- from note taking to flashcards -- you'll get a true understanding of course concepts, helping you to achieve better grades and setting the groundwork for your future courses. Access to this product is valid for 6 months of usage.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

MindTap® Economics, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285782100 | ISBN-13: 9781285782102)

MindTap™ Economics for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice, 15th Edition provides you with the tools you need to better manage your limited time -- you can complete assignments whenever and wherever you are ready to learn with course material specially customized for you by your instructor and streamlined in one proven, easy-to-use interface. MindTap includes Audio Cases and a variety of other media assets specifically designed to help you learn. ConceptClips help you understand economics terminology, while Graphing at a Glance video tutorials allow you to see graphs physically move along the axes. Auto-graded homework assignments from Aplia™ give you practice in hands-on application and immediate feedback on your responses. Through these resources and an array of tools and apps -- from note taking to flashcards -- you'll get a true understanding of course concepts, helping you to achieve better grades and setting the groundwork for your future courses. Access to this product is valid for 6 months of usage.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term (6 months) Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 128585490X | ISBN-13: 9781285854908)

Successfully complete your economics writing assignments with Write Experience. This innovative system scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285857372 | ISBN-13: 9781285857374)

Succeed in your course with Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4)New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285857496 | ISBN-13: 9781285857497)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice  (ISBN-10: 1285857461 | ISBN-13: 9781285857466)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Aplia™, 1 term Instant Access for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice  (ISBN-10: 1285857402 | ISBN-13: 9781285857404)

Succeed in your course with Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for ECONOMICS: PRIVATE AND PUBLIC CHOICE, Fifteenth Edition, including step-by-step explanations that help you improve your reasoning and skills, interactive assignments that help you understand difficult or counterintuitive concepts, and more. Aplia™ has been enhanced for the fifteenth edition, providing students with an improved online learning experience. (1) Optimized iPad experience, allowing students to access content on their mobile devices. (2) Expanded partial credit--providing feedback to students at the task level for more incremental guidance so that students get coaching where they need it most. (3) New and improved graphing functionality that enhances students' digital graphing experience. (4) New Interactive eReader features a variety of media assets specifically designed to address the challenges that students and instructors have told us impede learning.

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

LMS Integrated for Aplia™, 1 term Instant Access  (ISBN-10: 1305497848 | ISBN-13: 9781305497849)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

LMS Integrated for Aplia™, 1 term Instant Access  (ISBN-10: 130549783X | ISBN-13: 9781305497832)

One million+ students, one billion answers In just 10 years, more than one billion answers have been submitted through Aplia, the premier online assignment solution. Millions of students use Aplia to better prepare for class and for their exams. Join them today! Know what’s important Aplia assignments mean “no surprises”—with an at-a-glance view of current assignments organized by due date, you always know what’s due, and when. Discover real-world relevance Aplia ties your lessons into real-world applications so you get a bigger, better picture of how you’ll use your education in your future workplace. Master the content Automatic grading and immediate step-by-step feedback helps you master content the right way the first time. Student Testimonial: “I was very engaged; the content in Aplia is useful. The study tools and materials in Aplia most definitely help me feel more prepared. I understood more than I would have otherwise.” - Tia Student, Glendale Community College CTA: Ask your instructor about Aplia for this course. www.cengage.com/aplia

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

LMS Integrated for MindTap® Economics, 1 term (6 months)Instant Access  (ISBN-10: 1305497902 | ISBN-13: 9781305497900)

List Price = $125.00  | CengageBrain Price = $125.00  | College Bookstore Wholesale Price = $125.00

Meet the Author

Author Bio

James D. Gwartney

James D. Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University, where he directs the Stavros Center for the Advancement of Free Enterprise and Economic Education. His writings have been widely published in both professional journals and popular media. He is a co-author of COMMON SENSE ECONOMICS: WHAT EVERYONE SHOULD KNOW ABOUT WEALTH AND PROSPERITY (St. Martin’s Press, 2016), a primer on economics and personal finance. Dr. Gwartney’s current research focuses on the measurement and determination of factors that influence cross-country differences in income levels and growth rates. In this regard he is the co-author (with Robert Lawson and Joshua Hall) of the annual report, Economic Freedom of the World, which provides information on the institutions and policies of 157 countries. This data set, published by a worldwide network of institutes in 80 countries, is widely used by scholars investigating topics ranging from economic growth to peaceful relations among nations. Dr. Gwartney served as Chief Economist of the Joint Economic Committee of the U.S. Congress during 1999-2000. In 2004, he was the recipient of the Adam Smith Award of the Association of Private Enterprise Education for his contribution to the advancement of free market ideals. He is a past President of the Southern Economic Association and the Association for Private Enterprise Education. He earned his Ph.D. in economics from the University of Washington.

Richard L. Stroup

Richard L. Stroup is Professor Emeritus of economics at Montana State University and Professor Emeritus of economics at North Carolina State University. His Ph.D. is from the University of Washington. From 1982 to 1984 he served as director of the Office of Policy Analysis at the U.S. Department of the Interior. Stroup has published and lectured on topics such as global warming, land use regulation, archaeology, and about needed environmental policy improvements. His research helped to develop the approach known as free market environmentalism. He is a co-author of COMMON SENSE ECONOMICS: WHAT EVERYONE SHOULD KNOW ABOUT WEALTH AND PROSPERITY (St. Martin’s Press, 2016). His book ECONOMICS: WHAT EVERYONE SHOULD KNOW ABOUT ECONOMICS AND THE ENVIRONMENT (Washington: Cato Institute, 2003) was sponsored by the Property and Environment Research Center, of which he is a co-founder.

Russell S. Sobel

Russell S. Sobel earned his Ph.D. in economics from Florida State University in 1994. He has published more than 200 books and articles, and has received national recognition for his works on entrepreneurship and FEMA reform. Dr. Sobel serves on the editorial board for three academic journals, and on the advisory board for four university centers. He has won numerous awards for both his teaching and his research. He regularly teaches courses in both principles of economics and public economics and gives lectures at economic education outreach programs. Dr. Sobel is a Professor of Economics and Entrepreneurship at The Citadel.

David A. Macpherson

David A. Macpherson is the E.M. Stevens Distinguished Professor of Economics and Economics Department Chair at Trinity University. Previously, he was Director of the Pepper Institute on Aging and Public Policy and the Rod and Hope Brim Eminent Scholar of Economics at Florida State University, where he received two university-wide awards for teaching excellence. His teaching areas include principles of microeconomics, money and banking, econometrics, and labor economics. Dr. Macpherson is an applied economist whose research focuses on real estate, pensions, discrimination, industry deregulation, labor unions, and the minimum wage. He has published more than 60 articles in leading economics and real estate journals, including Review of Economic and Statistics, Journal of Labor Economics, Journal of Human Resources, Industrial and Labor Relations Review, Journal of Real Estate Economics and Finance. His research has been funded by a variety of entities including the National Science Foundation, Florida Legislature, and the National Association of Realtors. He is co-author of the undergraduate labor economics text, CONTEMPORARY LABOR ECONOMICS, 11E as well as the annual UNION MEMBERSHIP AND EARNINGS DATA BOOK: COMPLIATIONS FROM THE CURRENT POPULATION SURVEY. He is included in WHO’S WHO IN ECONOMICS, 4E which includes the 1,200 most frequently cited economists. Dr. Macpherson received his undergraduate degree and Ph.D. from Pennsylvania State University.

Digital Solutions

Aplia  |  MindTap  |  Write Experience

 

What is it?
Aplia is the most successful and widely used homework solution in the Economics market. Online interactive problem sets, analyses, tutorials, experiments, and critical-thinking exercises give students hands-on application without adding to instructors’ workload. Based on discovery learning, Aplia requires students to take an active role in the learning process—helping them improve their economic understanding and ability to relate to the economic concepts presented. Instructors can assign homework that is automatically graded and recorded.

What’s New?
Gwartney’s 15th Edition includes a fully interactive eReader embedded in the Aplia product. This new approach combines the functionality you and your students are coming to expect from a modern eReader (text search, highlighting, note-taking) with our exclusive embedded media – ConceptClips and Graphing at a Glance.

Aplia now provides:

• An optimized iPad experience, allowing students to access content on their mobile devices anywhere and anytime.
• Improved graphing with better graph precision, a new fill-area tool, and an improved shifter tool.
• Expanded partial credit and task level grading – providing feedback to students at the task level in addition to the problem level for more granular and incremental guidance to coach students where they need it most.
• Closer alignment between the end-of-chapter questions and Aplia homework.
• Detailed, easily accessible outcomes reporting and analysis.
• New reporting functionality that allows you to view student proficiency by learning objective, performance by class and across Aplia users, Aplia problem to learning objective mapping, and detailed raw performance data for your students.


MindTap
MindTap for Gwartney’s 15th edition is a highly personalized, complete online learning solution that will change the way you think about teaching and student engagement. More than an ebook, a homework solution, or a Learning Management System (LMS), MindTap delivers courses built on authoritative Cengage Learning content to deliver the first product in a new category—the Personal Learning Experience. By combining readings, multimedia, activities, and assessments into a singular Learning Path, MindTap guides students through their course with ease and engagement.

The MindTap experience begins with the Learning Path that guides students to mastery of the subject matter and provides instant access to the resources they need along the way. MindTap delivers a suggested Learning path right “out of the box,” ready for you to personalize your course.

Aplia users – you can gain access to the homework sets you’ve come to rely on directly within the MindTap Learning Path.

Customizing MindTap is easy! You can change due dates, re-order content, and remove activities you don’t need. You can add videos, flashcards, web links, and your own content to foster immediacy and contextual relevancy.

Visit www.cengage.com/mindtap to learn more.


WriteExperience
Cengage Learning’s Write Experience allows you to assess written communication skills without adding to your workload. Instructors have told us it’s important that students can write effectively in order to communicate and think critically about economics. Write Experience uses artificial intelligence to score student writing instantly and accurately, as well as provide students with detailed revision goals and feedback on their writing to help them improve.

You can choose the assignments that best fit your course needs and the concepts for which you most want your students to practice critical thinking and writing skills.
Better Writing. Better Outcomes. Write Experience.

Visit www.cengage.com/writeexperience to learn more.