Get ready to dive into the captivating world of Common Sense Economics (CSE)! Common Sense Economics 4.0 is more than a book. It is course package accompanied by a dynamic website. Resources are a breeze to use, easy to access, and classroom ready. Founded in standards and benchmarks in economics and personal finance, they are also concise in their presentation of economics, explain what sound economics is and is not, and demonstrate how to apply economic reasoning to unravel the world's complexities and make sound choices with the hope of living securely and comfortably. The well-crafted structure of the book, course package, and website effortlessly bring out the core principles of economic analysis and applies them to explain why some nations prosper while others struggle, the economics of government, and matters related to practical personal finance. CSE reaches beyond the singular focus of money, markets, and the economy - it provides a gateway to unraveling the intricacies of the world around us. Discover the art of understanding how things work, the decisions we make, and the tradeoffs we encounter, all while gaining valuable insights to enhance your financial journey.
##So, Are You Teaching Students Who Will Likely Only Have One Economics Course for Life?
Adopt Common Sense Economics 4.0. On textbook adoption you will receive a course package with the following:
Teaching and learning resources for students who will take only one economics/personal finance course
17 core modules plus supplementary modules on special topics with incorporated videos, podcasts, discussion items and debates in economics
Practical assignments are designed to improve understanding and decision-making
while engaging diverse learners in a mix of multimedia spaces
Flexible course shell that is instructor ready for use in online, hybrid, or seated class
Practical common sense examples and illustrations of economics in action
Textbook readings, videos, audios, and class activities aligned with key standards and benchmarks in economics and personal finance
Well-organized, easy to understand and user-friendly
Supplementary materials adding depth to supply and demand, fiscal and monetary policy, and measurement of GDP, inflation and unemployment
Everything is tied to the affordable textbook (~$35 per book)
##What's New?
Like past editions, Common Sense Economics 4.0 covers all basic topics, such as opportunity cost, gains from trade, demand and supply, and the invisible hand principle. Examples and data are current. But CSE 4.0 also covers vitally important topics generally omitted from even full-length principles texts. Few texts or other economics books convey the following five points, which are vital for understanding our world.
Unlike other textbooks, CSE4.0 isn't just another introductory text. It does what many textbooks fail to achieve: it makes economics fun, relevant, and accessible. The book is notable for its common sense approach to economics, which provides a concise structure and smoothly presents the key points of economic analysis. Plus, it bravely delves into areas often glossed over. Here are some examples. Common Sense Economics 4.0
Embraces "Small Is Beautiful:" CSE 4.0 highlights the virtues of decentralization. It makes a compelling case for how dividing political power enables a closer alignment with individual preferences, resulting in more effective and efficient societal outcomes than those stemming from one-size-fits-all central planning.
Emphasizes the Crucial Role of Technological Advancement and Innovation: CSE casts a spotlight on the monumental Transportation-Communication Revolution starting in the 1970s, highlighting it as a pivotal period in history that eclipsed even the Industrial Revolution in its global impact. The book illustrates how the advancements in transportation and communication have been instrumental in elevating living standards worldwide on an unprecedented scale, significantly outpacing the Industrial Revolution in its capacity to move vast populations up the world's development ladder while helping increasing numbers of people get out of extreme poverty.
Establishes the Importance of Institutions: CSE points out institutions' significant role in fostering prosperity. From laws to customs, it explores how these 'rules of the game' provide the information and incentives necessary for widespread cooperation and, ultimately, for nations' economic success.
Investigates Majority Rule: CSE does not hesitate to tackle the concept of unconstrained majority rule in democracies. It highlights how special interests can undermine these systems. It points out that debt is often used to fund spending and programs and highlights the potential threats of such realities to restrict individual freedoms, thus impeding growth and prosperity.
Links Practical Personal Finance to Economic Understanding: Unlike many texts, CSE emphasizes the importance of personal financial literacy through economics. It purposefully connects individuals' microeconomic decisions with broader economic concepts, providing invaluable insights for youths considering what to do after high school, wishing to have children in the future, hoping to own homes. or wanting to retire through personal investments.
Join the Common Sense Economics 4.0 movement. To gain access to the CSE 4.0 course package, textbook adopters please contact Joe Calhoun.