Economics The Basics

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9780071316026: Economics The Basics

Mandel’s Economics: The Basics combines the traditional news values of immediacy and impact with a layer of educational explanation to provide a window into what’s happening in the current economy. Mike Mandel, the former Chief Economist for BusinessWeek magazine, now at The Wharton School, writes in a journalistic style, drawing upon news articles and experience throughout the text to present economic concepts in a way that is understandable, relevant, and exciting for a broad audience. The 2nd edition’s core approach focuses on developing a student’s economic literacy without overwhelming and providing a window into what’s happening in the economy right now including globalization and the aftermath of the financial crisis. Mandel’s current examples, journalistic writing style, and accessible presentation of math and graphs will help instructors overcome the common challenges of this course, and make the material more approachable and attractive to a wide range of students.

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About the Author:

Michael Mandel delights in translating complex economic concepts into understandable, relevant, and exciting examples for  a broad audience. He received his Ph. D. in economics from Harvard University, where he studied the intricacies of game theory. he is currently a Senior Fellow at the Mack Institute for Innovation Management at The Wharton School of the University of Pennsylvania, as well as Chief Economic Strategist at the Progressive Policy Institute in Washington D.C.

Previously Mandel was Chief Economist of BusinessWeek (now Bloomberg BusinessWeek), where he regularly tackled such hot topics as the economics of immigration, the power of technological innovation to drive growth, the importance of foreign trade, and consequences of tax policy. Mandel's columns and cover stories won numerous awards, including the Excellence in Economic Journalism Award from the Institute on Political Journalism, the Gerald Loeb Award, the most prestigious prize for economic and financial journalism, and the Economic Journalist of the Year Award from the World Leadership Forum.

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