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First Edition   ©2012

Principles of Macroeconomics

The Way We Live

Susan Feigenbaum (University of Missouri at St. Louis) , R. W. Hafer (Southern Illinois University at Edwardsville)

  • ISBN-10: 1-4292-2020-1
  • ISBN-13: 978-1-4292-2020-0
  • Paper Text , 512 pages

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Feigenbaum and Hafer’s innovative new text is based on the idea that economics is an integral part of students’ lives. Inspired by Economics: How We Live, economist Victor Fuchs’s 1983 National Book Award winner, the text provides an economic framework for exploring the wide array of choices that span a person’s life cycle.  The authors build from the individual to the household to the firm and then to the economy at large, moving from realistic examples from everyday life to the broad, enduring principles of economic behavior.