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Published byHester Holly Miller Modified over 9 years ago
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Frank-Bernanke: Principles of Economics
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Less is More: Teaching Fewer Ideas Better A Textbook, not an Encyclopedia Focus on Key Concepts Core Principles, Repeatedly Applied Cartoons and Original Drawings to Pique Interest Open, Uncluttered Design
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Economic Naturalism A Unique Feature! Motivates Students Seeing Everyday Life in a New Way Understanding the News Micro and Macro Examples See Inside Front Cover of book for Listing!
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Active, Student-Centered Learning Motivation: Chapter Openers Examples First, Then Generalities In-Text Worked Examples In-Text Exercises for the Student Reinforcement through Recaps, Review Questions, and Problems Unique to Frank-Bernanke!
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Short-Run Macroeconomics in Frank-Bernanke 4 Key Features: 1. Long-run Economics Discussed First 2. Fed Policy in terms of Interest Rate, not Money Supply*
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Short-Run Macroeconomics in Frank-Bernanke 3. Aggregate Demand and Aggregate Supply Relate Output to Inflation* 4. International Economy (exchange rates, capital flows, financial crises) Integrated with Short Run in Simple Way *David Romer, JEP, Spring 2000, 149-170, recommends these simplifications.
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