(City University of New York)
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Adapted by Canadian AuthorsIris Au is a Senior Lecturer in Economics at the University of Toronto Scarborough (UTSC). She received her BA, MA, and PhD from Simon Fraser University, British Columbia. She taught at Simon Fraser University and Kwantlen University College (now known as Kwantlen Polytechnic University) before joining UTSC. Currently, she teaches introductory and intermediate macroeconomics, international finance, economics of public policy, and topics on financial crises on a regular basis.
Jack Parkinson is a Senior Lecturer in Economics at the University of Toronto Scarborough (UTSC). He received his Hons. BA from Western University and his MA and PhD from the University of Toronto. He has worked as a corporate tax policy analyst for the Ontario Ministry of Finance while teaching during his lunchtime or evenings. Over the past twenty years he has taught on all three campuses of the University of Toronto. Currently, he teaches introductory microeconomics, intermediate and advanced macroeconomics, money and banking, economics of organization, and applied economic statistics.
New Opening Stories, Examples, and Key FeaturesNew opening stories have been introduced in key chapters, Economics in Action features are updated throughout the textbook, and new examples illustrating key concepts have changed with the instructor & student in mind. New Business Case StudiesEach chapter closes with a new business case study that applies the economics learned in the chapter to a specific business situation. New Coverage of the Financial CrisisA new chapter, Crises and Consequences, provides an extended discussion of the financial crisis of 2008-2009 and its place in the history of economic crises. Financial crisis material is also integrated throughout the textbook, especially in the macroeconomics split, with instances identified by a special “Crisis” icon
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